US dollar tumbles over 6% from January peak to near 5-month lows as economic concerns mount
As the US dollar hovers near a five-month low, concerns over a potential recession grow. Trade wars are affecting consumer confidence and spending, leading to rising inflation expectations. The Fed ...
Business Recorder12h
Canada’s inflation shoots up to 2.6% as sales tax break ends
OTTAWA: Canada’s annual inflation rate showed a surprise jump to 2.6% in February, surpassing expectations as a sales tax break that ended in the middle of last month pushed prices higher amid an ...
Is This 1 New International Development a Reason to Buy Bitcoin and XRP With $1,500?
Coinbase Global (NASDAQ: COIN) just made a move that could open up new capital inflows for both Bitcoin (CRYPTO: BTC) and XRP (CRYPTO: XRP), among other cryptocurrencies large and small. Importantly, ...
The Nation UAE on MSN19h
UAE Dirham strengthens against Pakistani Rupee, reaches 76.25 PKR
The UAE Dirham (AED) continues to demonstrate resilience in the global currency market, with its exchange rate against the Pakistani Rupee (PKR) reaching 76.25 PKR today. This reflects the strong ...
Indian Rupee opens strong at 86.76/$ despite persistent FPI selling
The Reserve Bank of India (RBI) was a major dollar buyer yesterday, keeping the currency well within a range, while foreign ...