NY Fed signals potential dollar intervention to support Japanese yen. Strategy could trigger intentional USD devaluation and ...
The 1997 Asian financial crisis sent shockwaves across South Korea, leaving lasting scars in its aftermath. The won-dollar exchange and interest rates soared, strings of companies and financial ...
Nigeria is battling to contain a historic currency crisis and soaring inflation, with the International Monetary Fund on Monday warning that almost one in 10 people are facing food insecurity. Stream ...
Peter Schiff warns the U.S. could face a major economic crisis in 2026, potentially worse than 2008, driven by a weak dollar, rising debt, and ...
As Iran’s rial hits record lows, Bitcoin is resurfacing in public discourse. Its decentralized design is often cited as a contrast to state-managed fiat currencies. Iran’s 2025 currency collapse ...
The recent decline in the dollar and surge in interest rates suggest foreigners are reducing their investments in American financial assets. Foreigners buy significant portions of U.S. treasury debt, ...
(Global Edition) From the BBC World Service … To stem its ongoing currency crisis, Argentina is set to unveil a new round of spending cuts as its finance minister heads to Washington to try and secure ...
Turkey officially ended a deposit instrument introduced in December 2021 aimed at supporting the lira during a previous currency crisis. No new FX-protected lira deposit accounts will be opened and ...
Turkey’s currency dropped again Monday as the country wrestled with a crisis that has rattled markets around the world. The Turkish lira plunged as much as 11% against the dollar, hitting a record low ...