Tag: Currency
Ruble recovers somewhat – high risks in the short term
The Kremlin in Moscow The Russian currency is suffering from tensions between Russia and Ukraine (Photo: Bloomberg) Frankfurt The Russian ruble temporarily rose to its highest level in almost a…
Greece wants to repay IMF loans early
Acropolis in Athens In 2015, after a long struggle, Greece agreed on a third aid package with the euro countries and the IMF. (Photo: dpa) Athens Greece wants to pay…
Myanmar Will Launch A Digital Currency To Boost Its Economy!
According to a top spokesperson for the country’s State Governing Council, Myanmar’s military government intends to launch a digital currency within the year to support domestic payments and stimulate the…
Myanmar Plans to Launch Its Own Digital Currency
According to Bloomberg, the Asian country, whose administration took over the military with the coup last year, plans to issue a digital currency in Myanmar. In the incoming statements, it…
ECB keeps options open: The consequences of the decision
Dusseldorf In view of the high inflation, the European Central Bank is increasingly under pressure to act. Inflation in the euro currency area rose to a record high of 5.1…
The ECB gets a credibility problem
Christine Lagarde If Lagarde sticks to her soothing attitude at the Council meeting on Thursday, the ECB will have a credibility problem. (Photo: Getty Images) Dusseldorf Anyone who looks at…
The Central Bank Will Set the Interest Rate for Currency Protected Accounts
The Central Bank of the Republic of Turkey was given the authority to set interest rates on foreign currency-protected TL deposit accounts. The authorization, which also applies to accounts converted…
New Public Advertisement for Currency Protected TL Deposits
A new public service announcement was made for the currency-protected TL deposits. In the new public service announcement, citizens were called to participate in the exchange-protected Turkish lira deposit account.…
State of Arizona Prepares to Make Bitcoin a Legitimate Currency!
US Senator Wendy Rogers of bitcoin He introduced a bill to make it the official currency in the state of Arizona. The bill in question aims to make Bitcoin one…
Bitcoin (BTC) Might Be the Legitimate Currency in the US State of Texas!
Bitcoin (BTC), In addition to the price rise it experienced in 2021, it has left its mark on the agenda with its official declaration as a legitimate currency in a…
Celo (CELO) Launches A Stablecoin Pegged To The Brazilian Local Currency
Mobile blockchain platform Celo (CELO) has announced the launch of cREAL, a stablecoin pegged to the Brazilian local currency. celo via the official Twitter account January 27 announced with a…
Swiss franc against the euro as strong as in 2015
Zurich A look at the exchange rate of the franc against the euro and the dollar should actually worry Fabian Chiozza. He is CFO at the Swiss company VAT, a…
Turkey’s central bank doubles its inflation forecast
Inflation in Turkey The main reason for the rising prices is the devaluation of the lira last year, which was stopped at the end of 2021. (Photo: dpa) Ankara The…
IMF Requests El Salvador to Stop Using Bitcoin as Legal Currency
The International Monetary Fund (IMF) has demanded that El Salvador stop using bitcoin as legal currency, as it may cause financial impotence. In a statement by the IMF on January…
Bank of America Claim: The USA Will Issue Its Own Digital Currency This Date!
Chinese steps taken by the national central bank towards issuing a digital currency CBDCWhile it is the first example of . Bank of America He does not intend to remain…
We are experiencing inflation like no other
Europe column Every week, Moritz Koch, head of the Handelsblatt office in Brussels, analyzes trends and conflicts, regulatory projects and strategic concepts from the inner workings of the EU. Because…
Big Reaction From Famous Names To Russia’s Crypto Currency Ban!
Russia, cryptocurrency became one of the most up-to-date countries considering a ban on the industry. The proposal, which includes Russia’s new bans on mining and trading of cryptocurrencies, is now…
“Inflation is not out of control”
Under pressure: ECB boss Christine Lagarde The President of the European Central Bank (ECB) at an event in Frankfurt (archive photo). (Photo: Reuters) Berlin The global economy is no longer…
Why Japan is hoping for a return to rising prices
Tokyo In Japan, the word inflation is not associated with fear, as it is in Europe and the USA, but rather with hope. Actually, the Japanese central bank hardly feels…
FED Publishes Digital Currency Report
The US Federal Reserve has published its digital currency report, which it has been working on for a long time. In the published report, the advantages and disadvantages of the…