Bitcoin tumbles to lowest level since January after stock selloff
This post was originally published on this site Bitcoin is a volatile asset, and has been known to swing more than 10% up or down in a single day. Jakub Porzycki | Nurphoto | Getty Images Bitcoin continued to fall after a massive sell-off in stocks in the United...
Yen Hits New 20-Year Low After Bank of Japan Reinforces Low-Rate Policy
This post was originally published on this siteJapan’s currency weakened to more than 130 to the dollar for the first time since April 2002, after the central bank reinforced its commitment to low interest rates despite rising inflation.
How Russia rescued the ruble
This post was originally published on this site The Russian ruble lost nearly half its value when Russia invaded Ukraine. Since then it has been the top performing currency in the world. (Image credit: ALEXANDER NEMENOV/AFP via Getty Images)
Russia’s Push Into Crypto Is a Big Step Backwards
This post was originally published on this siteThe country is moving toward a tiered financial system, using rubles for enemies and bitcoin for friends. But it’s tried – and failed – with this approach before.
Despite Western sanctions, Russian ruble and banks are recovering
This post was originally published on this siteAfter tumbling from the shock of sanctions, the Russian ruble has recovered nearly all its value, thanks to oil and natural gas sales.
