The first rumblings came on Dec. 28. Traders in shopping malls near Tehran’s bazaar closed up their stalls, complaining they couldn’t earn enough to cover their bills. The rial, Iran’s currency, had ...
With the bolívar down sharply and access to official dollar rates limited, most Venezuelans now turn to crypto-based markets for foreign currency amid sanctions and persistent inflation. Rising ...
Syria's interim President Ahmed al-Sharaa unveiled the country's new banknotes at a ceremony in Damascus on Monday, removing images of ousted leader Bashar al-Assad and his father Hafez al-Assad in a ...
Iranian leaders face pressure over a currency collapse and threats of possible military strikes from Israel and the United States over Tehran’s nuclear activities. A photo released by Iranian state ...
Protests and strikes in Iran over inflation and currency devaluation have spread from the capital, Tehran, to several other cities on a third day of unrest. The protests began on Sunday after ...
2026 will be the year when US dollar dilution—the quiet erosion of its global dominance as countries trade and pay in alternatives—starts to build momentum. The more Washington uses the dollar as a ...
The Russian currency Ruble emerged as the top-performing major currency against the US dollar this year, surging 45% since January. This unexpected strength caught Russian officials off guard and ...
KUALA LUMPUR: The ringgit was Asia’s best-performing currency this year against its regional peers, with its gains underpinned by strong economic fundamentals and buoyant exports, while interest rate ...
In well-connected circles within China, the yuan’s persistent weakness is increasingly being seen as an obstacle to the country’s growth. A rising number of Chinese economists and former central bank ...
China’s currency appears poised to break through the psychological 7.0-per-dollar barrier next year, fuelled by US Federal Reserve rate cuts and thawing trade tensions, with some bulls betting that ...