Tag: currency

India and Gulf nations shake global trade with local currency move: Is the Indian Rupee quietly redefining global trade?

Features Sarojini P -
India (Commonwealth Union)_ For decades, the US dollar has been the backbone of global trade. From oil purchases to...

Canadian dollar depreciates

Canada and Caribbean Roshan Abayasekara -
The Canadian dollar (commonly known as the ‘loonie’) weakened to a 2-month low against its U.S. counterpart on Monday,...

From Desert Dust to Strategic Currency: Egypt’s Quiet Gamble in the Global Rare Earths Race

Mena Asanga Divulweva -
Egypt has embarked on a high-stakes venture to convert structurally untapped areas of its territory into one of the...

Is CBDC a solution or not?

Europe S De Silva -
Europe, UK (Commonwealth Union) – A Central Bank Digital Currency (CBDC) has been widely discussed across the world with...

Sri Lankan President advocates for wider use of Indian rupee for trade

Asia Sarojini P -
Sri Lanka (Commonwealth Union)_ President Ranil Wickremesinghe, who also serves as the finance minister of cash-strapped Sri Lanka, expressed...

Will a New currency protect them from…?

Africa Warsha De Silva -
Africa ( commonwealth union ) _  During a meeting in Cape Town, the foreign ministers of the BRICS nations...
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The New Zealand Dollar emerges as the best currency hedge for economic gloom.

News Mayondi Maralande -
The New Zealand dollar (NZD) has emerged as the best currency hedge for economic gloom, with investors flocking to...

Study looks into ATP as universal energy currency

Science & Tech S De Silva -
UK (Commonwealth Union) - Adenosine triphosphate (ATP) is a key supplier of energy for living cells. ATP plays a...

Calls to share views on adopting a digital currency

Money Veronica Elishya -
NAIROBI (CU)_Over the recent years, several central banks across the globe have launched what are known as central bank...

A single currency for West African states?

Money Michael Alfonsia -
LAGOS (CU)_More than two decades ago, countries across the West African region initiated plans to launch a common currency...

CBN to offer a digital currency?

Money Michael Alfonsia -
ABUJA (CU)_Over the recent past there has been growing interest in cryptocurrencies, among investors, analysts, industry experts, as well...

Can Bitcoin become a mainstream currency?

Science & Tech Michael Alfonsia -
El Salvador’s President, Bukele proved his crypto-enthusiasm last week by adopting El Salvador Bitcoin legal tender for the first...

Hard currency shock?

Asia Michael Alfonsia -
NEW DELHI (CU)_The Indian government has questioned the United States' decision to put India on the "Monitoring List", saying...

Mainstreaming crypto currency

Features Michael Alfonsia -
The Bank of England’s decision to set up a taskforce to explore the possibilities of a central bank–backed digital...