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11 nations led by Russia abandon the U.S. dollar as reference currency
In a bold move reshaping global finance, 11 countries have decided to abandon the U.S. dollar for international trade.
Footwear sector under pressure in sympathy with Deckers Outdoor
The footwear sector is facing challenges after Deckers Outdoor's FY25 guidance, affecting other brands like Wolverine World ...
GlobalCapital2d
More Reverse Yankee FIG issuance eyed as cross-currency basis hovers near zero
Reverse Yankee FIG issuance 17 times greater than 2024 ◆ US banks benefit from cross-currency basis ◆ Bankers discuss Reverse ...
Why a Strong Dollar Is Bad for the Stock Market and What You Should Do About It
Large technology companies and industrial manufacturers, which can derive much of their revenue from overseas, are particularly vulnerable to dollar strength. This impact can cascade through the ...
Currency market is focused on tariffs, with wide range of dollar outcomes: BofA
The currency market is primarily focused on one thing for now, and that is uncertainty about tariffs, said BofA Securities strategist Alex Cohen, who added that "all indications point to some formal ...
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Don't Enter Currencies Manually in Excel: Change the Number Format Instead
Why Typing Currencies Manually Could Cause Problems . When I thought about the reasons why typing currencies manually should ...
eturbonews10d
North Korea’s Wonsan Kalma Resort Ready for Foreign Tourists
The project, called the "North Korean Benidorm" by analogy with the famous Spanish resort, offers clean beaches, 'luxury hotels' and a variety of entertainment 'comparable to the best world resorts'.
The New Zealand Herald15d
Foreign currency: Kiwi family could have saved $18,000 by using online service, not bank
Donald Trump has been sentenced without penalty in the New York hush money case and wildfires continue to burn through Los Angeles. Video / NZ Herald, AFP A Kiwi family shocked by what it called ...
Cfr.org16d
Twelve Things You Probably Do Not Know About Presidential Inaugurations
Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. Donald Trump will take the oath of office at noon Monday on the West Front of ...
Business Line16d
RBI revises FEMA guidelines to boost cross-border transactions in rupee and local currencies
Moreover, Indian exporters will be able to open accounts in any foreign currency overseas for settlement of trade transactions, including receiving export proceeds and using these proceeds to pay ...
The Punch Newspapers17d
N125bn fake foreign currencies recovered in Kano, Nasarawa
The Nigeria Police Force said it has recovered foreign currencies valued at N125bn from criminals in Kano and Nasarawa states. In Kano State, operatives were said to have apprehended one Nura ...
The Atlantic17d
Brace for Foreign-Policy Chaos
And Trump is again poised to push an “America First” foreign policy—inward-looking and transactional—at a moment when a lack of superpower leadership could embolden China to move on Taiwan ...