Currency

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Did Japan’s central bank intervene in the currency markets after the yen hit a 34 year low? ‘No comment for now’
Finance

Did Japan’s central bank intervene in the currency markets after the yen hit a 34 year low? ‘No comment for now’

By Ruth Carson, Yumi Teso and Bloomberg
April 29, 2024
Biden hails the U.S. as the ‘strongest economy in the world’ but its hot inflation is angering allies as their currencies flop: ‘I don’t want to be impolite, but…’
Finance

Biden hails the U.S. as the ‘strongest economy in the world’ but its hot inflation is angering allies as their currencies flop: ‘I don’t want to be impolite, but…’

By Enda Curran, Shawn Donnan, Eric Martin and Bloomberg
April 19, 2024
bitcoins against dark background
Finance

Bitcoin ‘halving’ will cost crypto miners $10 billion a year in lost revenue and ‘could well determine who comes out ahead and who gets left behind’

By David Pan and Bloomberg
April 14, 2024
Mohamed El-Erian
Finance

Top economist El-Erian said the European Central Bank could cut rates as often or more than the Fed, which was ‘unimaginable just months ago’

By Carter Johnson and Bloomberg
April 9, 2024
With interest rate hikes in Jerome Powell’s rearview mirror, Wall Street starts a new guessing game: Timing when the Fed will cut
Finance

With interest rate hikes in Jerome Powell’s rearview mirror, Wall Street starts a new guessing game: Timing when the Fed will cut

By
December 14, 2023
Argentina just cut the value of its currency in half as inflation hits 143%: ‘Our mission is to avoid a catastrophe’
Finance

Argentina just cut the value of its currency in half as inflation hits 143%: ‘Our mission is to avoid a catastrophe’

By Débora Rey and The Associated Press
December 13, 2023
PERSON holding rouble notes
Finance

Russian ruble surges after Putin ordered 43 companies to prop up the slumping currency by selling some of their foreign cash

By
October 12, 2023
Javier Mileil
Politics

The frontrunner in Argentina’s presidential election is a chainsaw-wielding ‘anarcho-capitalist’ who wants to shift to the U.S. dollar

By Eric D. Carter and The Conversation
October 8, 2023
Russian President Vladimir Putin speaks to the BRICS business summit via a prerecorded video on August 22, 2023, in Johannesburg, South Africa.
Finance

Vladimir Putin claims his war on the dollar is ‘gaining momentum’ in 17-minute video tirade

By
August 23, 2023
close-up of paper money, the Chinese Yuan And U.S. Dollar
Newsletters

Is de-dollarization coming? The answer depends on whether you’re in Jackson Hole or Johannesburg this week

By Peter Vanham and Nicholas Gordon
August 23, 2023
A BRICS currency replacing the dollar is a ‘ridiculous’ idea, says the top economist who named the group—unless China and India become allies

A BRICS currency replacing the dollar is a ‘ridiculous’ idea, says the top economist who named the group—unless China and India become allies

By
August 15, 2023
Benjamin Franklin launched America’s fight against counterfeit money with colored threads, watermarks and images of leaves, new study shows
Finance

Benjamin Franklin launched America’s fight against counterfeit money with colored threads, watermarks and images of leaves, new study shows

By David Hamilton and The Associated Press
July 18, 2023
Dollar bears see ‘multi-year downtrend’ ahead for world’s primary reserve currency—with major ripple effects
Finance

Dollar bears see ‘multi-year downtrend’ ahead for world’s primary reserve currency—with major ripple effects

By Alice Atkins, Carter Johnson and Bloomberg
July 16, 2023
A Chinese 100 yuan banknote and a 1 US dollar bill are lying on a table.
Finance

Rise of the Chinese yuan: The dollar doesn’t have quite the pull it used to, S&P’s chief economist says

By
July 12, 2023
Xi Jinping, Russian President Vladimir Putin, Brazilian President Jair Bolsonaro, India's Prime Minister Narendra Modi and South African President Cyril Ramaphosa

China, Russia and their BRICS allies have a ‘medium to long term ambition’ to create a dollar rival as a currency, official says

By Antony Sguazzin and Bloomberg
July 5, 2023

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