Japan forex authorities ready '24 hours,' top currency diplomat Kanda says – The Japan Times
Japan’s top currency diplomat, Masato Kanda, said on Tuesday that authorities were prepared to respond “around the clock” to currency issues, but declined to comment on whether the Ministry of Finance had intervened a day earlier to support the yen. Again he declined to comment. “It makes no difference whether you’re in London, New York […]
‘Triple spending’: Zimbabweans bear cost of changing to new ZiG currency – Al Jazeera English
Harare, Zimbabwe – At a shopping center in Glenview, a working-class downtown area in Zimbabwe’s capital Harare, carpenter Arnold Mtiri stops to buy a two-liter (half-gallon) Mazoe raspberry drink. The price tag said $3.70. Due to Zimbabwe’s unstable currency and years of economic crisis, most products are priced in the more stable US dollar, and […]
Currency crisis pushes consumer groups from Nigeria – Financial Times
Many consumer groups on the front lines of the global cost of living crisis are assuring shoppers that the relentless price increases of the past few years will gradually slow as global inflation slows. But for Nigerian consumers, there is little relief in sight. Heineken-backed Nigerian Breweries has raised prices three times so far this […]
Bitcoin’s Future as Currency – CoinDesk
Bitcoin is a global decentralized currency that is not under the control or guarantee of any country. Recent months in the Bitcoin ecosystem have been marked by a rapidly growing mood of optimism based on the approval of exchange-traded funds in the Bitcoin spot market. These ETFs are driving Bitcoin’s mainstream adoption through portfolio construction […]
The end of credit card rewards, robbery at the Rio Las Vegas and currency exchange scams (Saturday Selection) – Frequent Miler
Rio Las Vegas guests are robbed while sleeping, hotel currency exchange scams go into beast mode, and are new Visa/Mastercard payments the beginning of the end for credit card perks? This Saturday Selection is a weekly roundup of interesting information from around the interwebs (Links to each article are embedded in the title). Several guests […]
Iran's currency hits a record low – The Associated Press
TEHRAN, Iran (AP) – Iran’s currency fell to an all-time low Sunday, plunging to $613,500 to the dollar, as Iranians celebrated the Persian New Year. On Sunday, people were trying to exchange riyals for foreign currency at currency exchange shops on Tehran’s main hub, Ferdowsi Street, but most were closed due to the Nowruz holiday […]
Travel expert warns of European currency exchange ‘scam’
euroon If you get fooled by this overseas money-maker, you’re on your own. Travel experts are warning Americans visiting Europe to be wary of credit card exchange “scams” that are driving up prices on purchases across the pond. Brian Kelly, founder of the travel site Points Guy, said Monday. A scam known as “Dynamic Currency […]
The 3rd and Final US Currency “Earthquake” Has Started
The Pro-Trump News homepage sees 60 new headlines every 24 hours. Click here to take a look. (Note: Thank you for supporting businesses like those that view the sponsored message below or order through the links below. This benefits Pro-Trump News. Thank you for your support I will do it!) On March 9, 2022, President […]
George Eliot’s Currency Debasement Warning
our budget deficit has a sweet tooth George Eliot’s short stories “Brother Jacob” begins with a warning about the dangers of the desire to offer sweets. “Among the many fatalities associated with the blossoming of youthful desires, perhaps the fatality of blindly embarking on a confectionery line is not sufficiently considered.” Elliott write. What are […]
What Will America Look Like When Joe Biden’s Central Bank Digital Currency Becomes a Reality?
The following content is monetary money. Before we get into the details, it’s important to understand what exactly constitutes a central bank digital currency (CBDC). A central bank digital currency (CBDC) is a digital form of a country’s currency issued by a central bank. Unlike traditional physical money such as banknotes and coins, CBDC exists […]