U.S. dollar stability is coming under scrutiny as Asian currencies have made some impressive gains against it. Markets have been reacting, with some of the movement tracing back to a large wave of dollar selling triggered in Taiwan. What's notable is how sharp and widespread these gains
On Monday, the Indian rupee staged a swift rally, momentarily appreciating to 84.96 against the US dollar before settling at 85.03. This was the rupee's best trading day since December 20, 2024, and a marked improvement from a close of 85.49 last Friday. Dealers attributed
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The US Dollar is the most commonly held currency in the world today holding over 60% of global foreign reserves. All the countries across the globe, including India, measure their currency values against USD in the global market. The fluctuating value of any currency against USD 1 is called the
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The Bretton Woods agreement made the US Dollar the official leader of the World’s reserve currency supported by the world’s largest gold reserves. This was after the Second World War. Even today the USD is one of the world’s strongest currencies. The Dollar bill as we know
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El Salvador which is known as the Republic of El Salvador is a country that is located in Central America. The country has a population of more than 68 lakhs. El Salvador has accepted bitcoin as a legal tender and will be accepted in 90 days starting from 9 June