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15/10/2025
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Tag: Currency

How a currency devaluation in Kazakhstan made the country’s poor worse off

17/08/2024 - Leave a Comment

It is the job of the government to keep a country’s economy in check. But sometimes policies don’t work out as planned. Governments often take economic decisions that follow specific political …

How a currency devaluation in Kazakhstan made the country’s poor worse off Read More

Japan’s currency falls to its weakest since 1990 against the dollar as the yen keeps yelping

03/05/2024 - Leave a Comment

NEW YORK (AP) — Some of the world’s wildest action in financial markets is roiling around the Japanese yen. The value of Japan’s currency has tumbled so much that for …

Japan’s currency falls to its weakest since 1990 against the dollar as the yen keeps yelping Read More

Argentina’s Milei announces 50% currency devaluation and large cuts to public spending

15/12/2023 - Leave a Comment

Argentina’s new president, Javier Milei, on Tuesday announced an official devaluation of the peso of 50%, virtually turning on the chainsaw that he famously used at campaign events. The government …

Argentina’s Milei announces 50% currency devaluation and large cuts to public spending Read More

Nigeria’s currency devaluation is a disaster for startups

25/08/202325/08/2023 - Leave a Comment

In July, when Nigerian agritech startup Winich Farms shared its quarterly financial report with stakeholders, it reported all the figures twice. One version used the old official currency rate of …

Nigeria’s currency devaluation is a disaster for startups Read More

Crypto sector sees an existential moment in the U.S.

30/03/202330/03/2023 - Leave a Comment

Crypto businesses have warned for months that the Biden administration is quietly moving to push them out of the U.S. Now, with the collapse of three crypto-friendly banks, they say …

Crypto sector sees an existential moment in the U.S. Read More

An exchange of views

13/12/202114/12/2021 - 1 Comment

Dirk Ehnts reviews Jeffery E. Garten’s book Three Days at Camp David: How a Secret Meeting in 1971 Transformed the Global Economy. In 1971, Richard Nixon summoned his advisors to …

An exchange of views Read More

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