Iranian merchants demonstrate as currency reaches all-time low.
Protests Erupt in Iran as Currency Crashes TEHRAN, Iran – Traders and shopkeepers in Iran continued protests for a second day on Monday, reacting to a dramatic fall in the national currency against the U.S. dollar. Social media footage revealed hundreds gathering in downtown Tehran’s Saadi Street and the Shush district, which is near the […]
Shopkeepers in Tehran demonstrate against currency decline as rial reaches record low
Concerns Over Iran’s Budget and Inflation “You can’t govern when people are struggling to make a living,” Pezeshkian remarked during a public session. “I’m being asked to raise wages, but where is the money supposed to come from?” The budget presented in parliament suggests a 20% increase in public sector salaries, alongside income tax exemptions […]
Digital Era Currency Rivalry
It’s a Significant Shift Imagine a form of currency that tracks your location, purchases, and even your political affiliations. This currency, however, can be suspended by the government if they disapprove of something you’ve done or said. Sounds like a plot from a dystopian novel? Welcome to China’s Digital Yuan (e-CNY). While the West wrestles […]
US Dollar’s Position as Global Reserve Currency: USD Share Falls to Lowest Since 1994
Central banks diversify their reserves with smaller “non-traditional reserve currencies.” The proportion of US dollar assets held by central banks dropped to 56.9% of total reserves in the third quarter, marking the lowest level since 1994. This decline, from 57.1% in the previous quarter and 58.5% in the first quarter, is revealed in the latest […]
Argentina will relax its currency exchange rate limits in January.
Argentina’s Central Bank Adjusts Exchange Rate Strategy Argentina’s central bank is making moves to change its exchange rate system and speed up the rebuild of foreign exchange reserves. This shift comes as President Javier Millei looks to ease worries among investors regarding the ongoing dollar shortage in the country. On Monday, the monetary authorities stated […]
Iran’s currency falls to new lows as the dollar exceeds 1.28 million rials
Water Crisis in Iran “The transfer from Talekan is only meant to partially address Tehran’s water shortage, not entirely,” expressed Mohammad Javad Zarian, who oversees the Center for Water Resources Research at the Department of Energy’s Water Research Institute. “If this dry season continues, Talekan won’t have enough water.” Talekan Dam is situated in Alborz […]
Crypto leader Do Kwon receives 15-year prison sentence for $40 billion currency failure
Do Kwon Sentenced to 15 Years for Cryptocurrency Fraud Do Kwon, the South Korean crypto entrepreneur behind two digital currencies that lost around $40 billion in 2022, was sentenced to 15 years in a New York federal court for fraud and conspiracy. This sentencing took place on Thursday. Kwon, aged 34 and co-founder of Terraform […]
The American Dollar is Now Beauty’s Preferred Currency
In the latest quarter, LVMH’s Perfume and Cosmetics division saw a 2% rise in organic sales, reaching €1.9 billion. The company noted that the US market has remained stable during the first nine months of 2025. The US is increasingly vital for beauty brands; however, just focusing on this region doesn’t necessarily fix the issues […]
Xi’s major opportunity to make the yuan a global currency in 2026
TOKYO — Economic Outlook for the Chinese Yuan As we near the end of 2025 and step into 2026, a pressing question in the realm of global finance revolves around the future of the Chinese yuan. Specifically, what strategies will President Xi Jinping implement to enhance the currency’s status on the world stage? Recently, there […]
XRP Outlook: Could Currency Fluctuations Pull XRP Down to the $1.82 Support?
Risks Surrounding XRP Recovery The short- and medium-term trajectory for XRP largely depends on factors like cryptocurrency regulations, the Federal Reserve’s rate decisions, and rising interest in XRP spot ETFs. If everything goes well, these developments could potentially lead to a surge towards an all-time high of $3.66 this July. Yet, there are several risks […]