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Turkish Lira Nosedive Continues amid Inflation Woes
As many people in Turkey struggle to survive amid the present economic climate of inflation, the Turkish lira has also indicated a bleak picture. This official currency of Turkey has...
South African Rand Recovers, But Volatility Seen amid Omicron Fears
The South African rand jumped 0.93 percent to 16.14 South African Rand to US$1 during the early trading sessions in Asia today, Monday, November 29. The currency recovered from last...
Israeli Shekel Gains to a Record Strength
The Israeli shekel has become stronger this year and is still reportedly gaining more. This development comes as the country’s central bank, the Bank of Israel, completed its acquisition of...
Analysts: COVID-19 Remains a Key Factor Affecting Major Currencies
Analysts evaluating the events in the currency markets remarked that the coronavirus or COVID-19 global healthcare crisis is still a dominant factor influencing the world’s major currencies nowadays. Their perspectives...
US Dollar Weakens after US Payrolls Fail to Meet Forecasts
US Dollar Performance Following Non-Farm Payrolls Miss The US dollar erased intra-day gains made in European and Asian trading sessions early Monday morning, June 7. It also fell across the...
