Argentina to pay imminent maturities to IMF
On July 31, local time, Argentine Economy Minister Felipe Massa announced that the Argentine government will repay the imminently due ...
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Euro Zone Manufacturing Activity Registers Swiftest Contraction Since COVID-19 Outbreak in July
Manufacturing activity in the euro zone contracted at the fastest pace since the outbreak of the coronavirus in July as ...
UK Industrial Output Records Steepest 7-Month Decline, Alleviating Cost Pressures
U.K. industrial output shrank at the fastest pace in seven months in July, hit by rising interest rates and a ...
Yen weakens after BOJ shift
USD/JPY rose 0.5% to 141.88, with the yen extending Friday’s losses after a volatile session after the Bank of Japan ...
Reveal! Why Was the Euro in Crisis in 2008
The euro, the official currency of 19 out of the 27 European Union (EU) member states, has faced several challenges ...
BOJ policy tweak sends yen into a tail-spin
The yen whipsawed in its most volatile trading session in months on Friday, after the Bank of Japan made its ...
UK Economist: BOE Monetary Policy Committee Expected to Hike Bank Rate by 50bps at August Meeting
UK economists at Goldman Sachs expect the Bank of England's Monetary Policy Committee (MPC) to raise bank rates by 50 ...
Allianz’s Chief Economic Adviser Warns: Policy Lag Effects may Lead to U.S. Recession
Mohamed El-Erian, Chief Economic Advisor of Allianz, said in an interview with reporters that the inflation problem in the United ...
Serial Numbers on a Dollar Bill: Quantity ＆ Significance
The serial numbers found on U.S. dollar bills play an essential role in currency tracking, identification, and anti-counterfeiting measures. They ...
Reveal! The Impact of a Federal Reserve Rate Increase on the U.S. Dollar
The Federal Reserve (the Fed) plays a crucial role in shaping the U.S. economy through its monetary policy decisions, particularly ...
Should You Get Euros Before Going to Europe? A Comprehensive Analysis
Planning a trip to Europe involves making various financial decisions, including whether to acquire euros before embarking on your journey. ...
Why Poland Continues to Opt Out of the Euro: An In-depth Analysis
The European Union (EU) has been home to a common currency, the euro, since its introduction in 1999. However, Poland, ...
German Economic Institute: The Outlook for German Companies is Cloudy
German business sentiment deteriorated again this summer, according to a survey by the German Institute for Economic Research (IW). More ...
Institution: U.S. Inflation Data is Lower Than Expected, Gold Prices Stabilize but there is Still Room to Rise
Gold steadied after posting its biggest gain in five weeks, as optimism that the Fed's rate hike cycle is nearing ...
RBA’s Lowe: More Policy Tightening Likely
Reserve Bank of Australia Governor Philip Lowe said today that despite keeping interest rates unchanged at the last meeting, it ...
Brokers Warn: UK Banks Still at Risk of Loan Defaults
Broker AJ Bell said that despite the successful results of stress tests for the UK banking sector, the risk of ...
CICC: The U.S. Bond Market May Continue to Maintain a Wide Range of Volatility
The research report of CICC pointed out that last week, the 10-year U.S. bond rate once again stood at 4%, ...
Does Mexico Accept US Dollars? Things You Need to Know
Mexico, with its vibrant culture, stunning landscapes, and popular tourist destinations, attracts millions of visitors each year. For travelers planning ...
Force Exporters to Exchange Foreign Currency? Zafru: Leave it to Bank Negara to Decide
Investment, Trade and Industry Minister Datuk Seri Tengku Zafrul said that the government will leave it to Bank Negara to ...
What Is the Best Currency to Take to Switzerland? A Simple Guide
Switzerland, renowned for its stunning landscapes, high-quality chocolates, and precision watches, is also known for its strong currency, the Swiss ...
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Does Spain Use Pesos?
When discussing currencies around the world, it is common for people to associate certain countries with specific monetary units. One...
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