Bank of Israel Buys $801 Million in Rare Market Intervention to Halt the Shekel’s Surge
The Bank of Israel purchased $801 million in May to stop the shekel from rising as the currency…
Browsing Tag
Currency
58 posts
PBOC Governor: China Continues to Pursue Yuan Internationalization for Cross Border Payments
The People’s Bank of China is pushing to make the renminbi, popularly known as the yuan, an efficient…
China’s XI Reveals Plans for Yuan to Become ‘Powerful’ and Attain Reserve Currency Status
China’s President Xi Jinping advocates for a strong currency that will allow the country to challenge the dollar’s dominance in…
Japanese Yen Jumps to 2-Month High as Intervention Talk Rattles Currency Markets
On Monday, activity across much of Wall Street and U.S. equity markets remained subdued, while precious metals like…
China Fixes Strong Yuan, Bets on Continued Weak‑Dollar Policies
China has fixed the yuan at its strongest level since 2023, betting on continued U.S. policy that keeps…
A Hit to Digitalization: Cash Is Still Very Much Alive and Relevant for EU Citizens
A recent report prepared by ECB officials found that cash has maintained its relevance even in the EU,…
Latam Insights Encore: A BRICS Currency Is Coming, Sooner or Later
Even with the opposition of the Trump Administration, the issuance of a BRICS currency, even if it is…
Brazil’s Ambassador to India Addresses BRICS Currency Speculation
BRICS is accelerating plans to ditch the dollar in favor of national currencies, as Brazil’s Ambassador to India…
Brazilian President Lula Proposes BRICS Develop New Trade Currency
Lula proposed this new BRICS currency in the context of a world that must embrace free trade and…
Capitalism, currency, inflation: A blind spot for enterprises
Fiat inflation is a clear drag on productivity and innovation, but Bitcoin and blockchain offer enterprise leaders a…