A currency devaluation is expected to be a key aspect of the US president’s plan to renegotiate the North American Free Trade Agreement (NAFTA) as he tries to boost US exports to Asia.China is currently in talks with the Trump administration on a possible reopening of the FTA.The US president has pledged to renegotiating the…
Category: SAR
Coinbase to add Bitcoin, Litecoin, Ethereum and Litecoin to its digital wallet service
The online payments provider Coinbase announced today that it will begin accepting Bitcoin, Ethereum, LiteCoin and other digital currencies.Coinbase says it is adding these currencies to its Bitcoin, Bitcoin Cash, Litecoins, and Ethereum wallets.“We believe digital currencies have the potential to change the world and bring new opportunities for consumers, businesses, and governments,” said CEO…
What’s next for digital currencies?
Digital currency stocks have surged as investors see the opportunity for quick gains, and are now trading at record highs, even as regulators have expressed concerns about their use.Bitcoin is the most widely traded digital currency on the planet, with an average price of $17.35 per coin.The value of all other digital currencies are in…
How to trade peso, yuan: How much to trade in a day?
The average daily peso is now trading at around US$0.1074, down from US$1.066 in July.But its down from $1.081 in July, while the yuan is down from 1.0348 to 1.0123.The dollar is trading at US$2.1774, up from US $2.1679, while it has dropped to US$19.20. The dollar has been the main currency of the world since…
How the pound devalued
The pound, a key U.K. currency, fell sharply after the Brexit vote, as investors feared the result would lead to higher prices for goods and services.Pound futures fell to $1.2270, down from $1,2120.70, before recovering to trade at $1;27.The euro also fell.
How to earn a Dubai currency in the UAE
With the country’s currency rising in value, a new way to earn it is being added to the menu of services available.Dubai’s currency has risen over the past few years and is now worth around $2.60, according to currency exchange website Exchange.co.uk.But how to get a good deal on a Dubai-based currency has proved a…
Why Dominicans should consider bitcoin as an alternative currency
The Dominican Republic is one of the world’s poorest countries and is home to a thriving underground market for Bitcoin.With the country’s banking system still underdeveloped, bitcoin is becoming a more common alternative to local currency.Bitcoin is the digital currency that emerged in 2008 and has become a global phenomenon thanks to the rapid growth…
Which EU nations will receive more refugees?
The EU is poised to receive more asylum seekers than any other country after more than 1 million people reached Europe last year.The EU will receive 1.8 million asylum seekers in 2017, an increase of almost 2 million compared to 2016, according to the European Commission.The commission says this is due to a combination of…
IMF says India should not be punished for ‘economic failure’
India is set to get a boost from the International Monetary Fund as it seeks to recover from a devastating recession that has wiped out nearly two-thirds of its gross domestic product.The Fund said Friday that India is expected to achieve an inflation rate of 3.5% in the second quarter of the fiscal year, its…
How to make money on the black market: A guide
With all the currency wars raging in the world, it can be difficult to get paid for work, which is why many freelancers and small businesses are turning to the black markets to make a little extra cash.According to a report by the International Federation of Journalists, there are some 30 million freelancers in the…
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