Browsing: Currencies

Egypt’s pound plunged on Wednesday to a record low, in the latest sign of the country’s severe foreign currency crunch…

State economic activity can easily crowd out the private kind. Alibaba investors should therefore be wary of China’s enthusiasm for…

The writer is a member of the executive board of the European Central BankLast year marked the unravelling of the…

It’s 14 years exactly since the launch of bitcoin and one big mystery remains unanswered: why is the front page…

Sam Bankman-Fried has pleaded not guilty to US criminal charges in connection with the dramatic implosion of FTX, the crypto…

Individual crypto businesses and their (cough) related parties often have more than a whiff of the ouroboros about them. But…

Banking remains remarkably stuck in old ways. The model has hardly changed for decades. Banks fund themselves partly with deposits…

Sales of Turkish exports hit a record high last year as the slump in the value of the lira made…

This time last year, companies were wondering if there was an end in sight to the Covid-19 pandemic. Then in…

With foreign currency in short supply in Egypt, Rafik Clovis spent December anxiously waiting to find out whether his bank…