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Tuesday’s US stock plunge following a massive selloff on global markets is seen by some analysts as a sign of more bad things to come. RT talked to veteran stock broker Peter Schiff to explore the issue in depth. After the dramatic early drop, US stocks recovered but finished lower after a wild day on […]
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iStock; Olivier Douliery-Pool/Getty Images; Samantha Lee/Business Insider The US dollar is falling on Tuesday morning. The slide comes after Trump said he was “not thrilled” with the Fed raising interest rates. You can follow live currency movements on Markets Insider. LONDON — The dollar is falling against the pound and euro on Tuesday morning after […]
Qatar and Turkey have inked a currency swap agreement to boost liquidity and provide financial stability, Qatar’s central bank said, days after Doha pledged $ 15 billion of direct investment into Turkish markets. The deal, which aims to boost cooperation between the countries, was clinched on Friday. The agreement will set up a two-way currency […]
Christian Charisius/Reuters The US dollar has already been rallying this year, which puts emerging markets with dollar-denominated debt in a hard position. A currency crisis in Turkey could lead to a “rapid appreciation,” analysts warn. Follow the dollar in real time here. A rallying US dollar has been clobbering emerging market currencies this year, and […]
Moscow is still interested in trading with Ankara using the Russian ruble and Turkish lira, according to the Kremlin. Both currencies have been falling against the greenback, with lira setting new record lows every day. “The issue of using national currencies in bilateral trade operations is a topic that has been raised by the Russian […]
Controversial internet entrepreneur Kim Dotcom has called for the ditching of the US dollar, which, he says, is doomed to depreciation, and investing into gold and cryptocurrencies. The huge US debt will destroy the American economy and lead to a global economic collapse, which is just around the corner, the founder of the now defunct […]
The US dollar is not a reliable tool for payments in international trade, Russian Finance Minister Anton Siluanov told Russian media. Payments in national currencies might be used instead, he said. In an interview to Rossiya 1 TV, the finance minister expressed doubt that the internationally recognized currency is reliable. Siluanov also said he does […]
