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The head of Bundesbank condemns the idea of central bank digital currency The head of the German Central Bank Jens Wiedmann thinks that much-discussed central bank digital currency (CBDC) is a bad idea. This type of ...
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Trump is 'perfectly happy' to hit China with new tariffs if Xi meeting doesn't go well, Mnuchin says Instead, he said, any weakness now seen in the Chinese currency is the result of downward economic pressures — in part due to Trump's tariffs on the ...
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How to phase out old cash without hurting economy This is typically achieved through an efficient process of remonetisation, which means introducing new currency to ensure that total money supply in ...
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Mnuchin Says Trade Talk With PBOC's Yi Gang Was Constructive Asked about China's currency on Saturday, he attributed its recent decline to market forces and the absence of intervention. "When you have ...
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