Hints and tips:
Related Special Reports
...Emilio Ocampo, an economic history professor and former investment banker, was the leading advocate within Milei’s team of dumping the Argentine peso in favour of the US dollar....
...Escalating tensions in the Middle East following Iran’s attacks on Israel and growing expectations that the Federal Reserve will delay rate cuts have boosted the US currency....
...That optimism has been fuelled by bitcoin’s 121 per cent rise in the past six months as US regulators approved stock market funds that invest directly in bitcoin....
...The currency strengthened slightly to ¥154.17 per dollar during early trading on Tuesday morning in Asia....
...The shift in sentiment helped push the spread — or gap — between benchmark 10-year US and German government borrowing costs to 2.17 percentage points, its highest level since 2019....
...Expectations of fewer US rate cuts have also sparked a slump in emerging market currencies against the dollar, prompting interventions by Asian central banks, including Indonesia and South Korea....
...The controls, which fix the peso’s value — about 830 pesos to the US dollar — cause huge distortions in Argentina’s economy and are a barrier to investment....
...Bitcoin hit a 17-month high on Tuesday, recouping the losses it sustained in last year’s crash, on rising speculation that US regulators will approve stock market funds that invest directly in the cryptocurrency...
...The yen’s stability has made it currency of choice for investors placing carry trades, whereby an investor borrows in a low-yielding currency in order to fund investments in higher-yielding currencies and...
...Bitcoin, the market’s best-known token, has risen roughly 300 per cent since the time of FTX’s bankruptcy, jumping from about $17,000 to register an all-time high of $73,800 earlier this month....
...There is also some limited trade denominated in local currencies to avoid Ukraine-related US trade and financial sanctions....
...Step forward CLS Holdings USA, which said in its results for the quarter to the (conventional) end of February last year: We had revenue of $17,556,406 during the nine months ended February 30, 2032, an...
...“The BoI did a pretty good job defending levels beyond 4.00 per US dollar and the disclosure of central bank FX [currency] intervention firepower managed to suppress speculative short shekel flows,” said...
...Central banks in the region are considering raising interest rates in response to the currency moves. 4....
...Spotify laid off 17 per cent of its workers yesterday, and the stock went up 7 per cent. The tech dismissal spree ain’t over....
...The company’s Filecoin Trust is trading at $34.25, 721 per cent above its net asset value of $4.17, having hit a premium of more than 1,000 per cent in November....
...Today ethereum accounts for 17 per cent while bitcoin’s share has expanded to 52 per cent....
...This has increased to 28 per cent of total cross-border lending in October 2023 from 17 per cent at the end of 2021....
...Companies including Core Scientific and Computer North filed for bankruptcy while others were forced to temporarily shut down operations or were paid by some US states not to mine bitcoin, in an effort to...
...There is a reason that instant noodles have replaced cigarettes as the primary currency of the informal economy in dismally catered US prisons....
...It now trades at $17.50. The global cryptocurrency market cap has fallen from a $3tn market cap to about $1.3tn....
...Sam Bankman-Fried fell from grace and was convicted of fraud and money laundering in the US....
...Here are three relevant facts for the US: first, by 2034, mandatory federal spending is forecast to reach 15.1 per cent of GDP against total federal revenue of a mere 17.9 per cent; second, federal revenue...
...US equities were less affected than bonds, with Wall Street’s benchmark S&P 500 down 0.1 per cent and the tech-dominated Nasdaq Composite up 0.2 per cent by midday in New York....
...Treasuries and similar cash equivalents, and PayPal USD can be bought or sold through PayPal at a rate of $1.00 per PayPal USD....
International Edition