Tag: Currency
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Indonesia-China currency agreement has huge political and economic implications
Last month, China and Indonesia signed an agreement to promote the use of local currencies — Chinese Yuan (RMB) and Indonesian Rupiah (Rp) — in trade...
Why the US dollar won’t be replaced as the world reserve currency
Stock markets have been very strange this year. We witnessed the fastest sell-off in history between February and March, with the S&P 500 falling more than...
The problem with Facebook’s cryptocurrency Libra is the organization behind it
In all the hype that has surrounded its Libra currency, Facebook has been able to distract attention away from an important issue. Libra is...
Stablecoins: Can be a more stable cryptocurrency option
Bitcoin has plunged from a high of almost US$20,000 in December 2017 to as low as US$3,675. So it’s understandable that some cryptocurrency users might...
