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Zimbabwe’s economic debate is often framed through the lens of inflation control, exchange rate stability, and the day-to-day ...
Global stocks rose while the U.S. dollar weakened on Thursday as markets digested an ongoing court battle over President Donald Trump's so-called "Liberation Day" tariffs.
The Zimbabwean dollar (ZWD) was the official currency of Zimbabwe from 1980 to 2009. In 2007-2008, the ZWD experienced one of the worst episodes of hyperinflation ever recorded, with prices ...
A wave of dollar selling in Asia is an ominous sign for the greenback as the world's export powerhouse starts to question a decades-long trend of investing its big trade surpluses in U.S. assets.
Last year, the United States appeared to be consolidating its pole position as a haven for international investment. The U.S. economy’s remarkable strength relative to other major economies helped ...
In recent developments, former U.S. President Donald Trump suggested that Bitcoin could potentially ease the pressure on the U.S. dollar during time ...
T HE DOLLAR is meant to be a source of safety. Lately, however, it has been a cause of fear. Since its peak in mid-January the greenback has fallen by over 9% against a basket of major currencies.
Yet it is the weakening of the dollar that has shocked the most. After all, reasoning from first principles you would expect Mr Trump’s protectionism to strengthen the currency.
“Hyperinflation is here,” Kiyosaki concluded, “millions, young and old to be wiped out financially.” However, there is also a place for good news here, Kiyosaki added.
For foreign sellers of all manner of goods, including cars, cognac and Scottish tweed, the dollar’s steep slide is a double whammy, compounding losses caused by President Trump’s import levies.
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