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The US dollar's days as the world's most important currency are numbered – it's official There are lots of reasons why: about a third of countries "peg" their currencies to the US dollar (they track its value); it accounts for about two-thirds of ...
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China's currency is poised for its worst month on record after weakening beyond the barrier of 7 ... The PBOC may allow the currency to slide to 7.5 by the end of this year as it uses depreciation to counter the tariffs, Bank of America Merrill Lynch ...
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Why Hong Kong's fixed exchange rate, once attractive to foreign investors, is now under pressure Maintaining a "pegged currency," or "fixed exchange rate," can be advantageous for nations or regions like Hong Kong that rely heavily on trade and ...
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Beyond USD: The Next Frontier for Stablecoins However, not all stablecoins are the same. From currency peg to counterparty risk, there are two competing models duking it out at the moment: trusted ...
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