Greece’s share market has dropped more than 6 percent since the beginning of the year, according to the latest data from the country’s Statistical Authority of Greece.The benchmark DAX index is down almost 10 percent over the same period.Greece has been in a deep recession since the start of 2015, with unemployment in the country…
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Korea’s currency is getting a currency rap
Yap Island, Korea, has a currency that has made it the butt of jokes around the world: the “yap” in its name.But while the term “yip” has been around since the late 1700s, the “pang” currency it’s a hybrid that uses both the Korean for “money” and the “korean” for “bank”.“The reason why we call…
US dollar: Is it worth it?
US dollar currency signs are starting to fall.The US currency, the greenback, has been hit by a sharp drop in the value of its major rivals in the past two weeks.A week ago, the Japanese yen was up 1.5 per cent and the euro was up 4.6 per cent.Today, it is down 0.8 per cent…
Why is the Egyptian pound losing its value?
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