In the inaugural edition of his column, Nithin Eapen makes the case for investing in Bitcoin, highlighting its massive ...
Futures traders have about 33 basis points of cuts priced in for this year. That is up from 29 basis points before Thursday's ...
The Bangladesh Bank injected $12.79 billion into banks from its reserves in the just-concluded 2023-24 fiscal year as banks combatted a severe US dollar crisis ... to meet power needs, it pays ...
The average fuel price in state has risen about 4 cents since last month. According to the EIA, gas prices across the state in the last year have been as low as $2.95 on Jan. 13, 2025, and as high as ...
Let's understand! De-dollarization is the process by which countries seek to reduce their reliance on the US dollar as a medium of exchange, reserve currency, or standard for international trade.
The US dollar is the preeminent reserve currency in the world representing 57% of global foreign exchange reserves. When it comes to exports, the US dollar is currently used in 54% of invoices and ...
President Donald Trump attempted to renew his threat against a bloc of nine nations in case they tried to undermine the US dollar. He threatened economic retaliation if these “seemingly hostile ...
Primerica Household Budget Indexâ„¢ (HBIâ„¢), an economic snapshot solely focused on the financial well-being of middle-income households, found the average purchasing power of middle-income ...
The U.S. Dollar Index (DXY) measures the value of USD against a basket of foreign currencies. DXY is used by traders to gauge the strength of USD in global markets. Observing DXY helps investors ...
Provision of 300 million people with access to electricity, half of those currently without power on the continent, is a crucial building block for boosting Africa's development by creating new ...
Over the same period of time, inflation reduced the relative purchasing power of the dollar by 50%. Looking at just the nominal GDP, the economy appears to be performing very well, whereas the ...
The rupee declined 5 paise to 86.40 against the US dollar in early trade on Thursday (January 23, 2025) amid a strengthening greenback. While a drop in crude oil rates and an upward trend in the ...