currency - World Future

Sign in Subscribe

currency

A collection of 5 posts

Japan's Recent Currency Troubles Explained

With interest rates below zero, banks had to pay to park their excess reserves at the central bank. It aims to stimulate economic growth, encourage lending but negative interest rates can also diminish the attractiveness of the yen

The $ In The Face Of The Rise Of BRICS Currencies

The $ In The Face Of The Rise Of BRICS Currencies

BRICS is an acronym for Brazil, Russia, India, China and South Africa and they are planning to overthrow the dollar as the global currency. How will they achieve that is not clear because it calls for the replacement of the mighty dollar with a multitude of currencies that include Russia’

Malaysia Highlights: Ringgit Strengthened

Malaysia Highlights: Ringgit Strengthened

The ringgit appreciated 0.24%, marking the third day of a winning streak, to 4.191. It was traded within the range of 4.201 and 4.1897 yesterday. The FBM KLCI closed in the green as it surged 0.91% to 1,564 amid mixed regional performances, led by

Bitcoin’s rebound: 3 reasons this time is (sort of) different

Bitcoin’s rebound: 3 reasons this time is (sort of) different Jason Potts, RMIT University and Ellie Rennie, RMIT University Bitcoin is back. Three years after the bubble that inflated its value from US$5,000 to US$20,000 in less than three months burst in spectacular fashion, plunging

Ringgit may strengthen against US$: FXTM

Written by Han Tan, Market Analyst at FXTM The Malaysian Ringgit could climb further against the US Dollar in the week ahead, should investors raise their expectations for a larger Fed rate cut in July. The US Q2 GDP and July composite PMI figures due in the week ahead are