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Currencies

Russia's central bank bids to prop up the plummeting ruble by hiking interest rates to 12% at an emergency meeting

Tue, 08/15/2023 - 05:00

Tech Insider : Economy

russia central bank — The Bank of Russia raised interest rates to 12% Tuesday, in a bid to prop up the plunging ruble.
Hank5/Getty Images

economy, Markets, Currencies, Ukraine War, Russia, Russian Ruble, Vladimir Putin

China's struggling economy drags the yuan toward its lowest level of 2023

Mon, 08/14/2023 - 06:55

Tech Insider

China Yuan — The Chinese yuan is trading close to its 2023 lows.
AP

Markets, MI Exclusive, Currencies, China, China Economy, Chinese yuan, US Dollar

Russian ruble hits 16-month low as currency takes a beating from Ukraine invasion

Mon, 08/14/2023 - 05:32

Tech Insider

Russian President Vladimir Putin. — Russian President Vladimir Putin.
GAVRIIL GRIGOROV/SPUTNIK/AFP via Getty Images

Markets, MI Exclusive, Currencies, Ruble, Russia

Rising US debt could chip away at the dollar's dominance, Blackstone boss Stephen Schwarzman warns

Mon, 08/07/2023 - 05:03

Tech Insider

Blackstone CEO Stephen Schwarzman in front of a blue background as he visits — Blackstone CEO Stephen Schwarzman.
Roy Rochlin/Getty Images

Markets, MI Exclusive, Currencies, Fitch, Blackstone, Stephen Schwarzman, Dollar dominance

Bitcoin is finally trading like 'digital gold' – but only because nobody cares about crypto anymore

Sat, 08/05/2023 - 05:00

Tech Insider

A Bitcoin ATM. — Bitcoin's 30-year volatility is close to a five-year low, per Bloomberg.
Marco Bello/Getty Images

Markets, finance, MI Exclusive, Currencies, Cryptos, Bitcoin, Gold

The US dollar and Treasurys remain global safe havens even after Fitch's debt downgrade, Goldman Sachs says

Thu, 08/03/2023 - 13:05

Tech Insider

A bank employee counts US dollar bills in Haian City, East China's Jiangsu Province. — A bank employee counts US dollar bills in Haian City, East China's Jiangsu Province.
CFOTO/Future Publishing via Getty Images

Markets, MI Exclusive, US Dollar, Dollars, Currencies, Analyst Note, Treasurys

The Fed's newfound focus on data is bad news for the sliding dollar

Sat, 07/29/2023 - 07:25

Tech Insider

A bank employee counts US dollar bills in Haian City, East China's Jiangsu Province. — The US dollar has slumped 10% since September 2022.
CFOTO/Future Publishing via Getty Images

Markets, MI Exclusive, Currencies, US Dollar, Federal Reserve, Interest Rates, Inflation

Elon Musk's Twitter rebrand sparks massive rallies in obscure crypto tokens with 'X' names

Tue, 07/25/2023 - 15:04

Tech Insider : Crypto

Elon Musk laughing — Elon Musk has been giving away Twitter Blue checkmarks for free
ODD ANDERSEN/Getty Images

Markets, MI Exclusive, cryptocurrency, Elon Musk, tesla, twitter, x

3 reasons countries around the world want to break up with the dollar

Sun, 07/23/2023 - 20:46

Tech Insider : Economy, Politics

A few key outside factors are chipping away at the US dollar's dominance in global trade. — A few key outside factors are chipping away at the US dollar's dominance in global trade.
Getty Images

economy, politics, News, De-Dollarization, US Dollar, Currencies

Despite all the hype around de-dollarization, the greenback still reigns supreme

Fri, 07/21/2023 - 05:22

Tech Insider

dollar — Interest in dedollarization has surged this year – but the greenback's dominance isn't waning.
Murad Sezer/Reuters

Markets, MI Exclusive, Currencies, De-Dollarization, US Dollar, Dollar dominance, Chinese yuan

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