Tag: Currency
India to Test Digital Currency in December
While the CBDC race is in full swing, the Governor of the Reserve Bank of India (RBI) stated in his latest statement on the subject that the country may launch…
Reform proposal for debt rules in the Maastricht Treaty
One euro coin The stability of the euro is in grave danger. (Photo: imago images / Christian Ohde) The euro should be as hard as the D-Mark. That was the…
Turkey Will Collaborate With Other Countries in Digital Currency Studies
Turkey will cooperate with other countries for the digital central bank money (CBDC) project, which it is piloting. Prepared by the Ministry of Treasury and Finance and the Strategy and…
Nigeria Will Be The First African Country To Issue Its Digital Currency!
The use and adoption of cryptocurrencies continues to increase day by day. While some countries approach cryptocurrencies positively, some countries are going to ban their use. Although Nigeria is one…
Turkish lira continues to sag after Erdogan’s ambassador escalation
lira Insiders expect the state banks to cut borrowing costs heavily on Monday. (Photo: Reuters) Istanbul The Turkish lira fell to a new record low of 9.74 lira in early…
New Car Prices Updated with Currency Increase
The car hike, which was expected with the depreciation of the Turkish Lira, came. With the updated new car prices, there are no cars under 150 thousand TL. The depreciation…
US prices increased for four models
Tesla The X Long Range model now costs $ 104,990 in the US market. (Photo: AP) San Carlos Tesla raised the price of its X Long Range and Model S…
Turkish central bank cuts key interest rate unexpectedly significantly to 16 percent
Exchange office in Istanbul After the interest rate decision was announced, the dollar and euro rose to 9.4782 and 11.0064 lira respectively – more than ever before. (Photo: Bloomberg) Istanbul…
Time to restart
The resignation of Bundesbank President Jens Weidmann almost six years before his contract expires shows one thing very clearly: the old fundamental conflicts over the monetary policy of the European…
Greece wants to pay off its debts early
Christos Staikouras The Greek finance minister is in a hurry with the repayment. (Photo: dpa) Athens Greece is negotiating with its debtors about the early repayment of aid loans. According…
How the ECB manages to exit crisis mode
Now she has to decide: will she keep this flexibility in the future? Or is it going back to its old rules, which aim at a greater separation of monetary…
Bundesbank President Jens Weidmann resigns
Frankfurt, Berlin Bundesbank President Jens Weidmann resigns after ten years in office. Weidmann asked Federal President Frank-Walter Steinmeier to be released from office at the end of the year, the…
Reaction from US Senators to Facebook’s Digital Currency and Novi!
On Tuesday, Democratic senators urged Facebook founder and CEO Mark Zuckerberg to halt the launch of Novi, the new cryptocurrency wallet the social media giant announced earlier in the day.…
Bank of France Tests Digital Currency in Bond Transactions
The Bank of France carried out some bond transactions using blockchain technology as part of digital currency tests. The Bank of France’s 10-month pilot study evaluated how useful a digital…
EU Commission warns of premature austerity
EU flags In the Stability Pact, the euro countries agreed to limit their budget deficits to three percent based on national economic power and limit their total debt to 60…
Turkish lira falls to record low
Turkish currency The Turkish president calls for lower interest rates. (Photo: imago images / NurPhoto) Dusseldorf The expectation of a further interest rate cut by the Turkish central bank is…
EU Commission warns of premature austerity
EU flags In the Stability Pact, the euro countries agreed to limit their budget deficits to three percent based on national economic power and limit their total debt to 60…
‘Currency’ Increase Coming to New Car Prices
The explanations that will leave the enthusiasm of the citizens who dream of new cars came one after another. Industry experts say that prices will increase between 3 percent and…
How much dollars will the cryptocurrency be worth in ten years?
Dusseldorf The oldest cryptocurrency in the world is still popular with investors despite some highs and falls in recent months. From over $ 10,000 in October of last year, the…
ESM boss Regling wants higher debt ceiling for EU countries
Klaus Regling In a new economic situation, the stability criteria would have to be adjusted, says the ESM boss. (Photo: AP) Berlin The head of the European rescue mechanism ESM,…