Currencies
In new move in 2022, IMF raises weighting of dollar, yuan in Special Drawing Rights basket
In a boost to China’s efforts in opening up its financial markets, the International Monetary Fund...
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Bitcoin demand increases as inflation booms; trading activity surged to a 9-month high in Russia
Bitcoin has accomplished more than 13% in the past month, and inflationary pressure has caused a...
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Central Bank of Russia increases vital policy rate to 20%; western sanctions prove to be burdening
Central Bank of Russia on Monday steeply increased its principal policy rate to 20%, following the...
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Russian battalions drizzle missiles on Kyiv on 24th February 2022; Russia-Ukraine crisis deepens
Russian troops drizzled missiles on Ukrainian cities, including the capital city of Kyiv, and landed forces...
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Bank of Thailand to test and implement CBDC in Q2 2022; increased momentum in the crypto market prevails
The Bank of Thailand has indicated that a central bank digital currency (CBDC) will be tested...
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How will the 2021-2022 Russia-Ukraine conflict affect global markets?
The Russia-Ukraine conflict, a possible invasion of the latter by the former, could affect a plethora...
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Asian stocks follow Wall Street suit on 9th Feb; US treasury profits grip to multi-year highs
Asian stocks surged on Wednesday with technology shares especially begetting an uplift following a robust session...
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US Federal Reserve to release its CBDC between 2025 and 2030
The Federal Reserve discussed fabricating its coin in a 35-page paper in the preceding week
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Central Bank of the UAE and Central Bank of the Republic of Turkey sign Bilateral Currency Swap Agreement in 2022
The Central Bank of the UAE and CBRT deal will enhance financial collaboration betwixt the two...
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Yen closes higher at JPY 114.43 per dollar; Dollar slithers despite US Treasury yields
The dollar slithered as much as 0.15% against the yen in early trading
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