Currency

Thailand: Currency Manipulator? | Council on Foreign Relations

The Trump Administration seems to think of currency manipulation primarily as an issue with China. But “currency” actually is a much broader issue. Korea, Taiwan, and Singapore all have bigger current account surpluses, relative to their GDP, than China does. All have intervened to limit the appreciation of their currency within the past year. And all three have a long ...

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Rupee Doubters Emerge as Cracks Appear in India’s Macro Picture

By and September 21, 2017, 3:00 PM EDT The rupee’s status as one of the most-loved Asian currencies is being tested by India’s faltering economy and signs that its markets are overheating. The currency slumped the most since May on Thursday amid worries that public finances will worsen as Prime Minister Narendra Modi’s government considers measures to boost growth after last ...

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Into the future – Moose Jaw Times Herald

First bitcoin dispenser arrives in city In Dale Mychasiw’s future, society is cashless and digital currency is king. In fact, he’s banking on it. Moose Jaw took a leap into the future recently with its first bitcoin teller machine (BTM). Owned by Mychasiw of QuickBit Vending Systems, the BTM stands at Getty Foods on Woodlily Drive. “It’s spreading around the ...

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This Hedge Fund Investor Says China Bears Are Missing Something

One hedge fund investor says Kyle Bass, Jim Chanos and other China bears are missing a key piece of the equation. Global investors have underestimated the power of China’s command economy, where leaders can cancel or forgive debts and control the currency, Mark Yusko, chief investment officer of Morgan Creek Capital Management, said in an interview. China’s unique ability to control ...

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New Zealand Election’s Impact on Currency

The kiwi dollar has been tied to the political fortunes of competing political parties. Currency doesn’t perform well in periods of uncertainty and there has been a significant measure of that during the tight race to the polls during the New Zealand election. There are echoes of the British campaign earlier in the year; victory seemed assured for the governing ...

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US Dollar to Rally from Scarcity in Second Half of 2017

  The Dollar will join that exclusive club of assets which gain value from their rarity towards the end of 2017, according to Nordea Bank’s Chief FX Strategist Martin Enlund. As far fetched as it may sound Dollar ‘scarcity’ – or relative scarcity – caused by a variety of factors could be a major source of Dollar strength.  One major ...

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$21.5+ Million Changes Hands in Heritage Auctions’ Long Beach Coin, Currency Events

More than $21.5 million worth of U.S. coins, world & ancient coins and currency changed hands during Heritage Auctions’ as more than 99 percent of U.S. coins by value and quantity were sold. The September 6-12 auctions, held in conjunctions with the Long Beach Coin & Collectibles Expo, saw intense bidder interest in 18th-century copper coinage and rare Russian coinage ...

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Zimbabwe currency crisis and the art of deception

Fool me once, shame on you, fool me twice, shame on me. So, what’s my point here? The point is we can’t be conned twice the same way in 10 years and blame the conmen. It won’t be amnesia but sheer idiocy. By Matt E.T Matigari Look around! Does everything that’s happening in Zimbabwe look familiar? It should because it’s ...

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Banned currency seized in Perinthalmanna | Kozhikode News

MALAPPURAM: Perinthalmanna police have seized demonitized currency with face value of Rs 2.45 crore, and arrested six persons including a lawyer, on Thursday. Police have also seized arms including air pistols from the gang. The arrested were Muhammed Anas, 39, Kannan Krishnakumar, 33, Muhammed Shan, 35, Maruthavila Achu, 26, Ansarudheen, 37, natives of Thiruvananthapuram and Thekkeyil Abdul Nasar, 29, native ...

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