Currency - General News

[behappyalways]

Saudi Arabia settles 42% of its oil transactions in RMB! Is the Iranian conflict accelerating de-dollarization?
Chen Fengxin: The RMB will strengthen in the long term, while the Japanese yen will weaken in the long term.

沙烏地阿拉伯石油42%用人民幣結算！伊朗衝突加速去美元化？陳鳳馨：人民幣長期走強，日元長期走弱【Yahoo#風向龍鳳配 】

https://m.youtube.com/watch?v=6IzG4gH0rn0

[behappyalways]

"Pushed Into Poverty": Somalia’s Currency Crisis Leaves Traders Holding Worthless Cash
https://www.zerohedge.com/markets/pushe ... hless-cash

[behappyalways]

Treasury Appointees Push To Put Trump's Face On A Brand-New $250 Bill
https://www.zerohedge.com/political/tre ... w-250-bill

[winston]

Is a currency crisis looming?

By PANKAJ C. KUMAR

During the AFC, most Asian countries were also vulnerable due to foreign currency debt exposure, twin deficits and even an unsustainable rise in property prices from heated stock markets brought about by hot money inflows.

The current weakness seen in most Asian currencies is mostly attributable to the strength of the US dollar, especially now that rate hikes are on the table rather than earlier expectations that Kevin Warsh would slash rates as per the US president’s demands for a lower rate.

Having said that, it is doubtful that the Fed will be in any way aggressive in raising rates due to its domestic issues, especially with respect to the government’s ballooning debt and deficit.

Source: The Star

https://www.thestar.com.my/business/ins ... is-looming

[behappyalways]

USA #24, I'm so proud.
https://x.com/duediligenceguy/status/20 ... 4411488755

[behappyalways]

US Mint Starts Selling $1 Trump Coins
https://www.zerohedge.com/political/us- ... rump-coins

[behappyalways]

U.S. Dollar Index Drops Below 99! Asian Currencies Rally! NTD Breaks 31.6, Yen Crosses 155, KRW H...
https://m.youtube.com/watch?v=0h2PJ-GOsyM