16hon MSNOpinion
That is the thrust of a new theory that has been gaining currency in Washington, on Wall Street, and in the financial press.
13don MSNOpinion
Persistent US dollar overvaluation fuels much of America’s global trade deficit by raising the price of our goods abroad.
At its core, a forex trade involves purchasing one currency using another currency at a specific rate of exchange or exchange rate, which serves as the price in forex trades. In practice ...
The dollar hit a three-week high on the yen early on Tuesday and was firm across the board after some strong U.S. services ...
Slowing economic growth mixed with a bout of renewed inflation risks moving the U.S. from global overachiever to a drag on ...
1d
Legit.ng on MSNWhy CBN increased the foreign exchange rates for cargo clearanceThe Central Bank of Nigeria (CBN) has reviewed the Customs foreign exchange rate for cargo clearance at Nigeria's ports as ...
The growing trade war between the US and EU undermines the shared currency. Investors will closely watch the US February PPI and the weekly Initial Jobless Claim data, which are due later on Thursday.
While persistent trade deficits are worrisome for many countries, that isn’t the case for the U.S.—and that’s a good thing.
At the interbank foreign exchange, the rupee opened at 85.93 against the greenback before gaining further to 85.86, marking a ...
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