Category : Change of Money

May 22, 2018 - 5:03:46 AM

Which countries are dumping the dollar and why ?

The European Union is considering switching payments from the US dollar to the euro after Washington threatened to target European firms working in Iran, according to reports.

May 21, 2018 - 6:04:19 AM

Peso crisis highlights fragility of Argentina's economy

Buenos Aires (AFP) - Argentina appears to have resolved, at least in the short term, the crisis over the peso and its depreciation by taking drastic action -- but analysts warn the policy is untenable over time.

May 21, 2018 - 5:57:38 AM

Crypto Wealth Sinks $45 Billion While Bitcoin Bros Party

So much for the Blockchain Week Bounce.

May 21, 2018 - 5:56:41 AM

EU economies hit by collapse in investment

Capital investment in 24 of the EU’s 28 member states has fallen dramatically over the past ten years, according to data from statistical agency Eurostat.

May 17, 2018 - 6:43:15 AM

Ray Dalio, Paulson Keep Faith in Gold Amid Rate Hike Headwind

Billionaire hedge-fund managers John Paulson and Ray Dalio kept their faith in gold even as rising interest rates trim the metal’s gains.

May 17, 2018 - 6:42:02 AM

China Gold Demand Off To Hot Start

It looks to be another boom year for gold.

May 16, 2018 - 7:02:02 AM

Gold price crashes through $1,300

Gold on Tuesday suffered its worst trading day in 17 months after a recovery in the value of the US dollar and seven-year highs for yields on the country's government bonds.

May 15, 2018 - 7:25:12 AM

China’s petro-yuan ‘thundering into action’ as Iran ditches US dollar in oil trade

Washington’s renewed sanctions on Tehran supports China’s newly established oil futures, analysts say.

May 15, 2018 - 7:08:28 AM

Turkish Gold Imports Triple As The Central Bank Diversifies Out Of Dollars

Turkish gold imports surged due to a sharp increase in investment demand as well as renewed Central bank purchases.

May 14, 2018 - 9:47:22 AM

Argentina raises interest rates to 40%

Argentina's central bank has raised interest rates for the third time in eight days as the country's currency, the peso, continues to fall sharply.

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