European Central Bank lifts rates by 25 basis points, pledges ‘data-dependent’ approach
Last Updated: July 27, 2023 at 8:34 a.m. ET First Published: July 27, 2023 at 8:24 a.m. ET The European...
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Europeans invited to pick theme for new, ‘more relatable’ euro banknotes
People in the eurozone area have until the end of August to help choose a theme for the next generation...
Do we need the digital euro?
Digital currencies have grown in popularity. Unlike bitcoin, the digital euro would be a central bank digital currency (CBDC), essentially,...
EU to take next step towards launching digital version of euro
The EU will take the next crucial step on Wednesday towards launching a digital version of the euro, a controversial...
Explained: The International Monetary Structure
There are 5 hard currencies which are recognized universally. Hard currencies are the currencies that are accepted globally and the...
De-dollarization: What Happens if the Dollar Loses Reserve Status? | Investing
One of the more intriguing financial trends that gained steam last year was the de-dollarization movement. This is an effort by a growing number of countries to reduce the role of the U.S. dollar in international trade. Countries like India, China, Brazil, Malaysia and Bolivia, among others, are seeking to set up trade channels using currencies other than the almighty dollar. With so much of the world economy reshaping itself in the post-pandemic landscape, is the reserve status of the U.S. dollar going to be the next domino to fall?To...
Will the greenback still be green?
As China, India, and Russia dabble in trade using partner currencies for payment instead of the U.S. dollar, various media...
Why is the British pound rising against the US dollar?
Living in the UK, you’d be forgiven for feeling woeful about the country’s economy. Soaring inflation, which reached 10.4% in...
the ultimate soft power? – Deutsche Bank
Figure 2: Timeline of the development of China's CBDC Sources: Deutsche Bank, PBoC As the authors note, China has credentials...
EU seeks currency convertibility from India
NEW DELHI :The European Union has suggested that India liberalize its capital account restrictions as part of a comprehensive free...
