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Facebook's Cryptocurrency Might Work Like Loyalty Points Even if it backs the currency with a basket of currencies, as reported, it "can't be stable with every currency in the world," says Gans. "That's not how the ...
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Fitch holds Turkey's credit rating at BB The Fitch decision comes as Turkey grapples with its first recession in a decade following a currency crisis last year that has unleashed sky-high ...
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When A Country Doesn't Trust Its Own Money Argentina's biggest economic problem is the lack of credibility of its currency. At the first sign of trouble, it tends to plunge. A peso plunge is liable to set ...
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