3/3 © Reuters. FILE PHOTO: A worker receives a dollar cash payment in a store in a market in Caracas, Venezuela, August 12, 2021. REUTERS/Leonardo Fernandez Viloria/File Photo 2/3 By Mayela Armas CARACAS (Reuters) – When Venezuela’s economy was showing tentative signs of recovery in 2020, Enrique Perrella thought it was time to open a
© Reuters. FILE PHOTO: Representations of cryptocurrency Bitcoin are placed on a PC motherboard, in this illustration taken June 16, 2023. REUTERS/Dado Ruvic/Illustration/File Photo (Reuters) – dropped 4.91% to $25,957 at 21:45 GMT on Thursday, losing $1,341 from its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is down 18.4% from the year’s high
© Reuters. FILE PHOTO: U.S. Dollar and Chinese Yuan banknotes are seen in this illustration taken January 30, 2023. REUTERS/Dado Ruvic/Illustration/File Photo SHANGHAI/SINGAPORE (Reuters) – Chinese exporters are using a complicated currency swap strategy to avoid converting their dollar earnings into yuan for fear of losing out on potential gains in the U.S. currency, official
© Reuters. U.S. Dollar and Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration By Samuel Indyk LONDON (Reuters) – The euro fell on Thursday as traders trimmed bets on a rate hike from the European Central Bank in September after comments from influential German policymaker Isabel Schnabel and a moderation
© Reuters. FILE PHOTO: U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Kevin Buckland TOKYO (Reuters) – The U.S. dollar on Wednesday clawed back some of the previous session’s sharp declines as investors looked ahead to more labour market data for clues on the path for Federal
© Reuters. A man walks in front the Central Bank headquarters building in Brasilia, Brazil March 22, 2022. REUTERS/Adriano Machado By Lisa Pauline Mattackal (Reuters) – Maintaining privacy and increasing understanding of blockchain technology are primary issues to solve before Brazil’s central bank digital currency (CBDC) is ready for widespread use, the central bank’s coordinator
© Reuters. FILE PHOTO: U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar was subdued on Tuesday as traders resisted placing large bets ahead of a slew of economic data this week, while the yen languished near levels that triggered
© Reuters. U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/file photo By Ankur Banerjee SINGAPORE (Reuters) – The dollar eased from a 12-week peak on Monday as traders weighed the U.S. monetary path after Fed Chair Jerome Powell left open the possibility of further interest rate increases, while the
© Reuters. FILE PHOTO: U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Jamie McGeever ORLANDO, Florida (Reuters) – Federal Reserve Chair Jerome Powell’s speech in Jackson Hole is likely to maintain the ‘higher for longer’ outlook for U.S. interest rates and bond yields – good news for
© Reuters. FILE PHOTO: Coins and banknotes of China’s yuan are seen in this illustration picture taken February 24, 2022. REUTERS/Florence Lo/Illustration/File Photo SHANGHAI (Reuters) -China’s central bank has stepped up efforts to support the yuan currency this week in the wake of renewed downside pressure amid Beijing’s underwhelming measures to stabilise a faltering economy
