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What's Behind the Yuan's 2-Year High? `Currency Manipulators' or Preservers of Stability? One of candidate Donald Trump's favorite themes was how China was taking advantage of the U.S. by deliberately keeping its currency weak in order to hype exports and fatten its trade surplus. On Day 1 of his administration, Trump promised, he would label China a currency manipulator and slap a 45 ...
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Performance of Iran's gold & currency markets on Feb. 10 Gold coin was traded in Iran at 15,415,000 rials (about $332.3 at the free market rates) on Feb. 10. According to data on the website of the Tehran Gold and Jewelry Union, one gram of the 18-karat gold was priced at 1,486,540 rials (about $32), indicating a rise of 0.67 percent compared to the preceding ...
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Bitcoin for tax payments? Arizona could become first state in the US to allow it The revenue department would be required to convert such payments to U.S. currency at the prevailing rate, crediting the taxpayer's account with the converted dollar amount. Therefore, any swing in price that resulted in the state not getting the full payment would be the responsibility of the taxpayer.
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