For example, if a country had a regular gold-based currency today, then the value of the currency would be fixed to gold. In ...
(Bloomberg) -- Zimbabwe’s new gold-backed currency the ZiG strengthened a day after its debut, even as it roiled commerce nationwide as banks, retailers and utilities battled to switch to the new unit ...
While the world remains focused on the tragic situation in Ukraine, the Biden administration is preparing to launch America’s first government-backed digital currency. If a new digital dollar is ...
Elon Musk's theory of AI abundance suggests that energy will be the true currency making 'working optional and money ...
The BRICS nations, originally composed of Brazil, Russia, India, China and South Africa, have had many discussions about establishing a new reserve currency backed by a basket of their respective ...
We believe currency exposure is a directional bet—and sometimes that bet pays off and other times it does not. Currencies can be quite volatile, so it should not be surprising that hedging generally ...
The BRICS nations, originally composed of Brazil, Russia, India, China and South Africa, are looking to establish a new reserve currency backed by a basket of their respective currencies. Central to ...