By Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq ...
Despite still showing no signs of ever paying off, the Iraqi dinar scam not only lives on, but appears to have found a new home where the worthless currency can easily be bought and sold without ...
DAMASCUS (Reuters) -Syria will issue new banknotes, removing two zeros from its currency in an attempt to restore public confidence in the severely devalued pound, according to seven sources familiar ...
Since China's headline-grabbing promise of currency revaluation two months ago, the yuan has appreciated a paltry 0.4% against the dollar. Economist Eswar Prasad explains it was a "masterstroke for ...
Nigeria’s central bank instructed the nation’s lenders to divert windfall currency revaluation gains into buffers against future losses, following the devaluation of the naira earlier this year.
SEOUL, Feb 3 (Reuters) - North Koreans are starving to death and unrest is growing due to a currency revaluation last year that crippled markets and led to the sacking of a senior cadre, reports said ...
Answer: The Chinese allowed their currency, the yuan, to rise in value against the dollar by 2.1 percent, with the possibility of further increases in the future. Since 1994, the yuan's value had been ...
China’s long-awaited currency adjustment is unambiguously positive for the global economy. I applaud Beijing’s action for three reasons: first and foremost, it derails Washington’s protectionists and ...
The overall U.S. trade deficit was a record-setting $763.6 billion in 2006, with the China portion being nearly $233 billion, also setting a record. In the past six years, our country has run up a ...