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Discover Latest #Exchange rate News, Articles and Videos with Contenting
1. "Brexit: Pound Falls to 30-Year Low Against Dollar" 2. "U.S. Dollar Falls to Lowest Level Since 2018 Against Euro" 3. "U.S. Dollar Hits New High Against Peso as Mexico's Economy Struggles" 4. "China's Currency Strengthens Against U.S. Dollar as Trade War Intensifies" 5. "Euro Slumps Against Chinese Yuan as Trade War Continues" 6. "Dollar Rises Against Japanese Yen on Strong Economic Data" 7. "Pound Jumps Against Dollar as Brexit Talks Resume" 8. "Australian Dollar Falls to Lowest Level in More Than a Decade Against U.S. Dollar" 9. "U.S. Dollar Rises Against Canadian Dollar on Improved Trade Outlook" 10. "U.S. Dollar Declines Against British Pound After Bank of England Meeting"
China Forex Today: Chinese Yuan stable ahead of August CPI inflation data
The Chinese offshore currency (CNH) is trading in relative stability on Tuesday, with the USD/CNH exchange rate at 7.1134, down less than 0.1% on the session, as markets turn their focus towards China's inflation figures for August, which will be published early on Wednesday (01:30 GMT).
US, Japan reaffirm FX commitments, leave room for interventions
The United States and Japan reaffirmed their commitment to "market determined" exchange rates, while agreeing that foreign exchange interventions should be reserved for combating excess volatility, according to a joint statement released on Friday. The latest agreement also notably made no new demands by the Trump administration on Tokyo around foreign exchange or other matters, a point analysts say will give Japan some relief as it navigates tricky bilateral ties with Washington. The U.S. Treasury Department and the Japanese Finance Ministry "reaffirmed that exchange rates should be market determined and that excess volatility and disorderly movements in exchange rates can have adverse implications for economic and financial stability," the statement said.
How WeFi Gives You More Control When Sending Money Abroad - TechBullion
Sending money abroad has always come with trade-offs. You give up control over timing, accept whatever exchange rate your provider decides, and hope that the transfer will clear without unexpected delays or fees. For millions of people, whether freelancers getting paid internationally, families supporting loved ones abroad, or businesses managing global operations, these rigid systems […]
Why is Milei begging for a bailout? - Marginal REVOLUTION
There are two primary reasons. First, he pegged Argentina’s real exchange rate too high, hoping this would appease voters by getting inflation down more quickly. That was a miscalculation. It also was a violation of market or libertarian principles. The problems here are not an instance of market failure, rather Milei forgot his own principles. […]
A Confirmation of the Obvious as a Tactical Concession to the U.S.?
In a joint statement with the U.S. Treasury, the Swiss Federal Department of Finance (FDF) and the Swiss National Bank (SNB) reaffirm that Switzerland and the United States do not use exchange rates to gain a competitive advantage for their own economies. The statement could be part of a broader dea