Currency Basket

COLUMN: Rebuilding Better Federal Tax Madness | Opinion

I once heard someone say, “Inflation is caused by rising prices. In fact, it is putting the cart before the horse. An increase in the consumer price index is a result of inflation, not its sole cause. Inflation is the decline in the purchasing power of the dollar. The cause …

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Rupee drops 37 paise to 74.89 against the US dollar

The rupee on Friday plunged 37 paise to 74.89 against the dollar as a massive sell-off of shares, amid concerns over a new variant of Covid and capital outflows, hit currency market sentiment. The dollar index, which measures the strength of the greenback against a basket of six currencies, was …

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AUD / USD Heads To October Daily Lows

AUD / USD is on October lows on a strong USD theme. The RBA and the Fed are at the center of this pair with a hawkish bias towards the latter. AUD / USD is stable on this day in calm Thanksgiving market conditions, although that hasn’t stopped the pair …

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Is Bitcoin the Only Cryptocurrency You Need?

The cryptocurrency world is now inundated with new altcoins, with Shiba inu (CRYPTO: SHIB) being the latest to receive huge appeal among retail traders. However, this craze could run out of steam. As new coins come out, the huge moves of shiny new altcoins can be tantalizing. But unless you …

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Bitcoin does not replace gold as a hedge against inflation; Hillary Clinton’s crypto warning

When horrific inflation figures in the United States fell this month, bitcoin was flagged as a possible hedge, but it looks increasingly unlikely. Speculation that bitcoin would be used by investors as a hedge instead of gold seems unlikely despite the horror of US inflation. The price of bitcoin has …

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Three must-have tips for investing in cryptocurrency: Floki Inu, Akita, and HUH Token

Since the birth of Bitcoin in 2009, the world has changed around it, resulting in spinoffs, coins and competitors of Bitcoin’s single brand. Bringing cryptocurrencies to the masses and revolutionizing the way people invest their hard earned money. Cryptocurrency goes by many different names these days, but identifying the best …

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Taliban government pays Afghan officials again

The Taliban government announced on Saturday that it would once again pay Afghan officials, who have not been paid since the Islamists returned to power, in a country in the throes of a financial crisis. “We will start paying civil servants’ salaries today,” Finance Ministry spokesman Ahmad Wali Haqmal told …

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What cryptocurrencies do billionaires own?

It’s 2021 and you could probably sell an NFT of this item. But how could you sell it – on the blockchain, dominated by the Ethereum cryptocurrency. By now, if you are on the Internet, you have heard of the term “cryptocurrency” before. Cryptocurrency is a digital currency designed to …

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The dollar takes a breather and hits 16-month highs

The US dollar took a break after a rally and hovered below a 16-month high in early Asian trading on Thursday. The US currency lost ground against the pound and yen overnight even as traders wondered if its recent surge began to falter. The British pound was at $ 1.3491, …

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