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De-dollarized payment systems are cropping up. Here's why they're unlikely to dent greenback...
Business Insider via Yahoo Finance· 3 days agoSuch systems include tech initiatives such as mBridge, a cross-border platform built around emerging...
Bank of Canada cuts their internal rate 25 basis points
The Forex Market· 1 day agoBank of Canada cuts their internal rate 25 Basis Points! The euro edged higher, and brought the rest...
Qatar Central Bank launches first phase of CBDC project
CryptoSlate· 4 days agoThe Qatari central bank has launched the first phase of its cen
Russian central bank urges global integration despite sanctions
Reuters· 2 days agoDespite Western sanctions, Russia must be integrated in the global economy with countries that are...
Its Risk-On in the Market. Traders Count on a ‘Fed Put.’
Barrons.com· 18 hours agoThe M2 money supply, a gauge of the total money in the economy, currently hovers at $21 trillion,...
PBOC’s Bond-Trading Drumbeat Leaves Market Debating the How
Bloomberg via Yahoo Finance· 24 hours ago(Bloomberg) -- Growing speculation the People’s Bank of China will add to its policy toolbox by...
Nigeria's Fidelity Bank to sell shares to meet new capital requirement
Reuters· 2 days ago, opens new tab said on Thursday it would raise up to 127.1 billion naira ($88 million) via a rights issue and a public share offering to comply with a new minimum capital requirement for local ...
Saudi Arabia joins China, UAE CBDC project mBridge
Gulf Business· 2 days agoThe mBridge initiative is a project that was launched in 2021 to pilot cross-border payments in digital currencies issued by central banks.
It’s the Fed That’s a Risk to Financial Stability
Ludwig von Mises Institute· 1 day agoCentral bankers whistle ‘Dixie’ as mark-to-market losses dramatically shrink the banking system’s economic capital. Whistling a happy tune, the Federal Reserve vice chairman ...
Savings interest rates today: Earn up to 5.50% APY with today's top savings accounts — June 6, 2024
AOL· 2 days agoHere's how FDIC national deposit rates on a $10,000 minimum deposit compare between May...The FDIC...
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