Search Results for: ruble plunges

Nigerian Central Bank Says It Will Release New Banknotes in December — Naira Falls to New Low

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Starting December 15, Nigerians will be using newly-designed 100, 200, 500 and 1,000-naira banknotes, the governor of the Central Bank of Nigeria (CBN) hat gesagt. The announcement has since resulted in the naira’s parallel market exchange rate versus the U.S. Dollar…

Mad Money’s Jim Cramer Apologizes for Being Wrong About Facebook Parent Meta After Stock Plunges

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Der Gastgeber von Mad Money, Jim Cramer, has apologized to investors for being wrong about Facebook parent Meta Platforms after its stock plunged to a record low. “I made a mistake here. I was wrong,” he said emotionally after stating previously…

Der japanische Yen fällt gegenüber dem US-Dollar auf ein 32-Jahres-Tief – eine weitere behördliche Intervention wird erwartet

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The Japanese yen’s exchange rate versus the U.S. dollar recently plunged to its lowest rate in 32 years — 147.66 JPY per dollar. The yen’s latest fall comes less than a month after its slip in September prompted authorities to enter…

Chinese Central Bank Says It Will Prioritize Stabilizing Currency After Yuan Plunges to 14-Year Low Versus USD

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Moments after the Chinese yuan’s onshore exchange rate versus the U.S. dollar slumped to 7.2458 pro Dollar, the Peoples Bank of China responded by stating that it will prioritize stabilizing the currency. Similar to other currencies that have been depreciating against…

American Economists Are Baffled by an ‘Unusual Situation’ as Russia’s Ruble Is the World’s Best Performing Fiat Currency

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Two months after the Russian ruble fell below a U.S. penny, the transcontinental country’s fiat currency is the best performing currency worldwide. American economists are baffled by the “unusual situation” because a country facing stiff sanctions typically sees its fiat currency…

Prüfbericht: Der Wechselkurs des libanesischen Pfunds gegenüber dem Dollar fällt auf ein Allzeittief

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Nach einigen Monaten relativer Ruhe, Das libanesische Pfund ist auf ein Allzeittief von gefallen 35,600 pro Dollar, ein Bericht hat gesagt. The currency’s latest slide is expected to worsen Lebanon’s economic challenges. Pound Depreciation In a sign that…