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Leander Stähler

UPDATE 1-Nigeria further limits banks' foreign currency borrowings - 0 views

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    This article highlights a policy made by the central bank that aims to limit the amount of foreign currency that Nigerian banks are allowed to own foreign currency. Fears are that otherwise the Nigerian currency will depreciate, making the Nigerian economy more dependent upon foreign currencies.
Marc WuDunn

What devaluation actually means - 2 views

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    This article discusses Venezuela's falling/devaluing currency, and how it tends to correlate with a lower standard of living. It also illustrates how, after the repeated devaluation of their currency, Venezuelans have opted to spend more of their money on goods. This gives them assets, or items that will not devalue with the currency.
David Weiss

Bitcoin 'on brink of going mainstream' as exchange launched in Sydney - 1 views

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    A discussion on where the value of Bitcoin, the online currency, is discussed and the source of its value is evaluated. Also how Bitcoin's value will increase after being launched in Sydney's exchange.
Ganesh Sivamani

Russia's Ruble Value Is Collapsing Due to Sanctions, Stagnation | New Republic - 3 views

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    The value of the Ruble is dropping against the Dollar, and the central bank is trying to make the Ruble stronger.
Talisha R

Graziadio Business Review | Graziadio School of Business and Management | Pepperdine Un... - 1 views

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    This article shows that when currency exchange rates change, businesses must adapt quickly. Knowing how a weaker American dollar is likely to affect a business may save some critical mistakes. It also talks about the implications of a weak dollar.
Tana Monk

Overseas Stimulus Moves Drive Yen, Euro and Renminbi Down Against Dollar - 0 views

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    The U.S. economy still seems to exceed over the rest of the world. However, American policy makers are now allowing certain other countries to reach for prosperity even at their expense. The rest of the article talks about how this and other changes in the economies are affecting the currency values of different countries.
Tana Monk

Argentina Devaluation Sends Currency Tumbling Most in 12 Years - 0 views

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    In this article, Argentina is said to have devaluated their peso so much to preserve international reserves. In the process however, the country has had to experience other problems such as paying back foreign creditors, the decrease of bods, and the growth of the illegal black market.
Benjamin Bryant

Carlsburg Profits hurt by fall of Rouble - 0 views

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    This article comments on the loss of revenue gained by the danish brewer Carlsburg by the falling value of the Rouble against the Euro by 7%.
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