Tag: Forex and Bonds
Foreign exchange – Turkish lira continues to crash – economy
The Turkish national currency, the lira, fell to a record low ahead of an expected further rate cut. Their exchange rate collapsed on Monday against the dollar by up to…
Foreign exchange – central bank intervenes again – economy
After the US inflation rate was published, the euro went up and down. The common currency last offset its daily loss and was quoted 0.1 percent higher at 1.1298 dollars…
Foreign Exchange – Lira Crashes – Economy
The Turkish lira fell to a record low on Thursday. Despite high inflation, the Turkish central bank cut the key rate again from 16 to 15 percent. In doing so,…
Foreign exchange – cryptocurrencies under pressure – economy
Increased regulatory pressure in China sent cryptocurrency prices down on Friday. The two most important, Bitcoin and Ethereum, fell 5.8 percent to $ 42,281 and 8.1 percent to $ 2,887,…