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01
Nov 2024
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Elon Musk says the fate of the US dollar is sealed

For many weeks speculation has been circulating about the decline of the dollar the currency of world trade since the end of WWII

Who Holds Russia’s Central Bank Reserves? (infographic)

China holds the most amount after Russia

Goldman Sachs: Turkey spent 101 bn USD to intervene in its currency markets so far this year

It derived the number from calculating the difference between the actual & expected changes in net foreign assets of the central bank

Moody’s Investors Service downgrades 13 Turkish banks

The negative outlooks reflect the downside risks associated with a balance of payments crisis, which could lead to capital controls and restrictions on foreign currency outflows

Turkish government debt soars by+34% in effort by Erdogan to save failing economy

More than half of the debt, or 825.2 billion Turkish lira ($ 121 billion), is in foreign currency

Where cash is still “king” (infographic)

Spain tops the list

Bitcoin devours more electricity than Switzerland (infographic)

The University of Cambridge has released a new online tool that estimates the huge amount of energy it spends

U.S. designates China as a currency manipulator (infographic)

Tensions rise between China and the US

Cryptocurrency market update: Altcoins on the rise?

All you need to know about the developments on cryptocurrencies

Europe moves towards a common approach to regulate cryptoassets

"EU policymakers need to agree on the right moment to move supervision of cryptoassets from the national level to the EU level"

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