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Israel's currency tumbles to 7-year low, prompting its central bank to sell $30 billion in foreign reserves

Mon, 10/09/2023 - 09:38

Israeli soldiers work to secure residential areas following a mass-infiltration by Hamas gunmen from the Gaza Strip, in Sderot, southern Israel October 7, 2023. — Israeli soldiers work to secure residential areas following a mass-infiltration by Hamas gunmen from the Gaza Strip, in Sderot, southern Israel October 7, 2023.
REUTERS/Ammar Awad

Markets, mi-exclusive, Currency, Israel, hamas, palestine, War

The US dollar jumps to its highest level in 10 months versus rival currencies

Tue, 10/03/2023 - 10:12

US dollar — (Photo by Xu Jinbai/VCG via Getty Images)

Markets, mi-exclusive, Dollar, Currency, USD, Yuan, Pound

The US dollar and Argentine peso could exist side by side, says rival to presidential frontrunner Milei

Tue, 09/26/2023 - 15:28

Tech Insider : Economy

Argentina peso/dollar — Nora Mazzini

Markets, mi-exclusive, Dollar, Peso, Argentina, dollar-dominance, Currency

Forget the dollar – China has its hands full propping up the yuan against 23 other currencies, report says

Wed, 09/13/2023 - 08:50

currencies renminbi yuan dollar euro — A man walks past an advertisement promoting China's renminbi (RMB) or yuan ,US dollar and Euro exchange services at money exchange in Hong Kong.
Reuters/Tyrone Siu

Markets, mi-exclusive, Markets, Yuan, China, Currencies, Dollar

China is pushing ahead with dedollarization, hoarding gold for a 10th straight month after slashing Treasury holdings to a 14-year low

Thu, 09/07/2023 - 12:11

A man places a gold bar in a locker in a vault at the precious metals dealer Pro Aurum. — A man places a gold bar in a locker in a vault at the precious metals dealer Pro Aurum.
Sven Hoppe/picture alliance/Getty Images

Markets, mi-exclusive, Currencies, dedollarization, China, Gold, gold-reserves

Argentina's presidential candidate is already setting things in motion to dollarize the economy by rebuilding reserves

Thu, 09/07/2023 - 08:57

Argentine peso/dollar — AGUSTIN MARCARIAN/Reuters

Markets, mi-exclusive, Markets, Argentina, argentina-debt, argentina-inflation, Inflation

Dollarization is the only way for Argentina to stop its 'death spiral', economist Steve Hanke says

Fri, 09/01/2023 - 04:19

Argentine peso bills — (Photo by LEO LA VALLE/AFP via Getty Images)

Markets, mi-exclusive, Peso, Argentina, Inflation, Dollar, dedollarization

Dedollarization suffers a blow as the greenback's share in global payments hits a record high

Thu, 08/24/2023 - 06:42

An employee of a bank counts US dollar notes at a branch in Hanoi, Vietnam May 16, 2016. REUTERS/Kham — An employee of a bank counts US dollar notes at a branch in Hanoi
Thomson Reuters

Markets, mi-exclusive, Markets, Dollar, dedollarization, swift, Currency

Argentina is already dollarizing - these businesses have switched to greenbacks as the peso is worth a fraction of a penny

Wed, 08/23/2023 - 11:59

Tech Insider : Economy

Argentina peso/dollar — Nora Mazzini

Markets, mi-exclusive, Argentina, Peso, milei, De-Dollarization, Dollar

Brazil's real, not the dollar, could be the solution to Argentina's currency turmoil, an economist says

Wed, 08/23/2023 - 05:33

Brazilian Real — Rafael Henrique/SOPA Images/LightRocket via Getty Images

Markets, mi-exclusive, Markets, brazilian-real, Peso, argentina-debt, argentine-peso

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