Dollars

Argentina’s President Javier Milei, who is known for being pro-Bitcoin (CRYPTO: BTC) has attributed the country’s slow transition to the U.S. dollar to the corrupt practices of its politicians and economists. What Happened: Milei, who took office in December 2023, has been advocating...

State-owned banks in China have been observed trading U.S. dollars for yuan in an effort to support the Chinese currency. What Happened: On Tuesday, major Chinese banks were witnessed swapping yuan for dollars in the onshore swap market and selling those dollars in the spot market, sources with...

The US dollar maintained a steady position as investors eagerly awaited the nonfarm payrolls report and assessed the implications of prolonged Federal Reserve interest rates on the economic growth outlook, Reuters reports. Anticipation for Nonfarm Payrolls Report Investors are keenly awaiting the...

Earlier in March, in a survey, two-thirds of the respondents reportedly said that cash in their portfolios would be a net positive this year, reinforcing the “cash is no longer trash” theory that has been gaining prominence. What Happened: The verdict came from professionals who had...

U.S. Treasury Secretary Janet Yellen stated she "practiced and practiced" writing the signature that will soon be seen on U.S. dollars in a bid to avoid the illegible scrawls of her predecessors Tim Geithner and Jack Lew, reported Reuters, citing her statement to CBS late-night...