Tag: dollar

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 Bengaluru to Wall Street: How Mala Gaonkar Built a Multi-Billion Dollar Hedge Fund

Lady Commonwealth Sharya Christiana -
Harvard-educated investment leader Mala Gaonker spent part of her childhood in Bengaluru, India. Becoming one of the most remarkable...

Trade Strains and Bank Fears Put an End to Dollar’s Safe-Haven Run

Business & Trade Dana de Silva -
The US dollar is on track for its steepest weekly fall since August, as mounting concerns over trade tensions,...

Air India’s Billion-Dollar Jet Deal: Will It Shake Up Global Aviation?

Aviation admin -
(Commonwealth_India) Air India is currently in talks with Boeing and Airbus to secure a significant order for widebody jets,...

Multibillion-Dollar 5G Deal may Revolutionize India’s Telecom Sector

Business & Trade Suraj Atapattu -
India (Commonwealth) _ One of the top telecom providers in India, Bharti Airtel, has awarded Nokia a multibillion dollar...

Australian Dollar in an upward trend

Pacific Piumi Fernando -
The Australian Dollar (AUD) experienced an upward trend for the second consecutive day on Wednesday. This rise is largely...
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Swing of Australia and China!

Maritime and Trade Suraj Atapattu -
Australia (common Wealth) _ The Australian Dollar recovered early losses on Thursday following a strong jobs data that showed...

Why has the dollar bonds shot up after Tinubu’s plan to converge exchange rates and eliminate subsidies?

Africa Suraj Atapattu -
Nigeria (Common Wealth) _ The issuance of Nigeria's dollar bonds increased on Monday, one day after Bola Tinubu, the...

Kenya renews calls for African countries to abandon the dollar

Africa Warsha De Silva -
AFRICA  ( Commonwealth Union) _ Kenya's President William Ruto is urging African leaders to take initial steps towards moving...

Is the US Dollar’s hegemony about to end in the face of the BRICS currencies?

Africa Warsha De Silva -
AFRICA ( Commonwealth Union) _ Can the so-called BRICS nations effectively facilitate a competitive currency to the US dollar?...

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...

Debut At the University of Nottingham, a multimillion-dollar manufacturing facility called OMNIFACTORY

Manufacturing and Production News Wasana Nadeeshani -
(Commonwealth) _ The OMNIFACTORY, which opened on March 1, 2023, is a state-of-the-art concept factory that integrates a range...

Kenyans are losing multi-million dollar homes to auctioneers

Real Estate Mayondi Maralande -
KENYA (Commonwealth Union)_Kenyans continue to lose multi-million dollar homes and other property to auctioneers, despite the country's difficult economic...

Grenada will develop a strategy to pay Venezuela’s multimillion dollar debt

Canada and Caribbean Mayondi Maralande -
GRENADA (Commonwealth Union)_The Grenada administration said on Tuesday that it had had first talks with Venezuela about paying back...

Guyana expects billion-dollar oil earnings this year

Canada and Caribbean Mayondi Maralande -
GEORGETOWN, GUYANA (CU)_ According to the central bank, Guyana is projected to make more money this year from its...

The broad dollar rises stops, but bulls are still well-positioned

Business & Trade Wasana Nadeeshani -
SINGAPORE After a massive climb, the dollar took a break on Tuesday, dropping only a little off historic highs...