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Currency

China is boosting efforts spread the yuan as it sells a record $7.5 billion in offshore bonds this year

Wed, 10/11/2023 - 13:36

china xi jinping — Chinese President Xi Jinping speaks to Gabon's President Ali Bongo Ondimba (not pictured) during a meeting in the Great Hall of the People in Beijing, China December 7, 2016.
Reuters/Fred Dufour

Markets, mi-exclusive, Markets, China, china-economy, Yuan, Dollars

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

It's not just stocks - high bond yields are also laying waste to commodities, currencies, and housing

Sun, 10/08/2023 - 08:15

New York stock exchange — (Photo by Mario Tama/Getty Images)

Markets, mi-exclusive, treasury-bonds, 10-year-yield, bond-market, us-debt, Deficit

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

Dollarization would eliminate Argentina's future inflation risk, former IMF board member says

Fri, 09/22/2023 - 12:07

Tech Insider : Economy

Argentine peso/dollar — AGUSTIN MARCARIAN/Reuters

Markets, mi-exclusive, Argentina, IMF, De-Dollarization, Dollars, Hyperinflation

De-dollarization would require governments to sever political and economic ties with US

Wed, 09/20/2023 - 14:08

Tech Insider : Economy

100 dollar pill puzzle being put together . — C.J. Burton/Getty Images

Markets, mi-exclusive, Dollars, De-Dollarization, dollar-dominance, BRICS, China

The de-dollarization drive is spreading wider - Indonesia is the latest nation to join the anti-buck movement

Wed, 09/20/2023 - 11:57

US dollar — SimpleImages

Markets, mi-exclusive, Markets, De-Dollarization, us-dollar, Indonesia, dedollarization

Remember when NFTs sold for millions of dollars? 95% of the digital collectibles are now probably worthless.

Wed, 09/20/2023 - 09:56

Bored Ape Yacht Club NFTs in Times Square — Bored Ape Yacht Club NFTs in Times Square during an NFT conference in June.
Noam Galai/Getty Images

Markets, mi-exclusive, Markets, NFTs, cryptocurrency, non-fungible-token, bored-apes

JPMorgan says the biggest risk of de-dollarization isn't a rival currency — it's that the US could lose a key tool it's used to fight past economic crises

Tue, 09/05/2023 - 16:05

Tech Insider : Economy

Andrew Jackson portrait on twenty dollar bill. — Andrew Jackson portrait on twenty dollar bill.
Elizabeth Fernandez/Getty Images

Markets, mi-exclusive, Dollars, dedollarization, dollar-dominance, USD, Currency

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