currency war
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Economy6 years ago
California's economy attains world's 5th largest
The economy of US state of California has surpassed that of Britain's, becoming the world's fifth largest.
California's economy attains world's 5th largest
Economy6 years ago
Iran to switch to Euro as official reporting currency  
Valiollah Seif, the governor of the Central Bank of Iran (CBI), says a plan is on agenda for the government to switch from the US dollar to Euro as the official reporting currency.   
Iran to switch to Euro as official reporting currency  
Economy6 years ago
Iran announce bid to create own digital currency
Iran’s Minister of Information and Communications Technology Mohammad Azari Jahromi says a plan is on agenda to develop a platform for using cryptocurrency in Iran.    
Iran announce bid to create own digital currency
Business6 years ago
Venezuela launches own digital currency ‘Petro’
Venezuela’s President Nicolas Maduro says preliminary sales of Venezuelan cryptocurrency – named ‘Petro’ – have already reached 735 million US Dollars.
Venezuela launches own digital currency ‘Petro’
Business6 years ago
Russia unveils plan to sell $1bn of yuan bonds  
Russia plans to sell equivalent to $1 billion in yuan-denominated bonds to attract Chinese investments in a strategy meant to cushion it against possible US sanctions on its sovereign debt markets.  
Russia unveils plan to sell $1bn of yuan bonds  
Business7 years ago
China forex reserves fall by $320bn
China’s foreign exchange reserves dropped by $320 billion in 2016 with Chinese authorities seeking to support the yuan against a soaring dollar.
China forex reserves fall by $320bn
Turkey7 years ago
Turkish lira sinks to record low vs. US dollar
The Turkish currency was thrashed earlier by an unanticipated sharp rise of inflation back in December.
Turkish lira sinks to record low vs. US dollar
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