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WEB17 hours ago · Currencies category Dollar hits one-month peak to yen as Fed seen taking time with rate cuts 12:52 AM UTC · Updated ago Future of Money category SEC appeals decision that restricted its crypto ...
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What is a BRICS currency and is the U.S. dollar in trouble?
WEBAug 23, 2023 · Brazil's President called on Wednesday for the BRICS nations to create a common currency for trade and investment between each other, as a means of reducing their vulnerability to dollar exchange ...
US dollar to weaken, but Fed rate cuts are required, say strategists ...
WEBJun 5, 2024 · The currency has lost around 10% for the year. Meanwhile the euro was forecast to change hands at $1.08 and $1.10 in six and 12 months, suggesting a gain of around 1% in a year from now.
China steps in to stem yuan slide, shore up confidence
WEBJun 27, 2023 · China's monetary authorities took forceful action against a sliding currency for the first time in nearly eight months on Tuesday, with the country's state banks acting to put a floor under the ...
US dollar to remain world's reserve currency, Fed's Waller says
WEBFeb 15, 2024 · Federal Reserve Governor Christopher Waller on Thursday laid out the case for the world's continued reliance on the U.S. dollar and the currency's dominance in international trade, a key advantage ...
Cash is leaving China again, pressuring yuan | Reuters
WEBJun 21, 2024 · Ju Wang, head of Greater China currency and rates strategy at BNP Paribas, said mainland investors were thronging Hong Kong for better returns on offshore yuan , given low yields at home and ...
Exclusive: Iraq to end all dollar cash withdrawals by Jan. 1 2024 ...
WEBBAGHDAD, Oct 5 (Reuters) - Iraq will ban cash withdrawals and transactions in U.S dollars as of Jan. 1 2024 in the latest push to curb the misuse of its hard currency reserves in financial crimes ...
Iraq revalues currency to 1,300 dinars per USD, state news agency …
WEBFeb 7, 2023 · Iraq's cabinet approved a currency revaluation on Tuesday and set the exchange rate at 1,300 dinars per U.S. dollar, the state news agency reported.
Dollar tumbles on dovish Fed, euro gains as ECB talks down rate cuts
WEBDec 14, 2023 · The yen reached the highest since July 31, with the dollar last down 0.68% against the Japanese currency at 141.94.