The International Monetary Market (IMM) is a division of the Chicago Mercantile Exchange (CME), one of the world's largest futures and options exchanges. Established in 1972, the IMM was the first financial futures exchange in the world. Its creation marked...
Following the yen-dollar exchange rate exceeding 150 yen on the 20th, observations were raised that the Bank of Japan (BOJ) could revise its monetary policy as Japan's 10-year Treasury bond rate approached 1%. With a sense of crisis that exchange...
In the next few years, it is expected that people will be shopping in virtual currency at European destinations. It is predicted that the digital currency "Digital Euro" will be commercialized by 2028. The European Central Bank (ECB) announced on...
The yen's value per dollar surged to 147 yen shortly after breaking the 150 yen range on the 3rd, showing a sudden strength. As the exchange rate rapidly changed after breaking the 150 yen range, which is called the psychological...
On the 14th of last month, the Central Bank of Argentina raised the official exchange rate of the peso by 22.5% to 350 pesos against the dollar. Since early last year, the peso exchange rate has risen to 240.7 percent...
The value of the ruble against the U.S. dollar hit a 17-month low. The rouble hit 100.84 against the dollar on the morning of the 14th (local time), exceeding the 100 roubles per dollar since March 23, 2022, according to...
Bolivia in South America is challenging the U.S. dollar hegemony as it increases the use of the Chinese yuan in international transactions. According to the U.S. AP on the 28th (local time), Bolivia's Economy Minister Marcelo Montenegro said at a...
The dollar will continue to dominate foreign reserves around the world in the future, but its influence is expected to gradually weaken, according to a survey of central bank officials. The British think tank OMFIF announced the results of a...
As the high-flying yuan/dollar exchange rate approaches 7.25 yuan, which is called a psychological barrier, Chinese authorities and state-owned banks are reportedly intervening in the market through dollar sales and notified exchange rates. According to Bloomberg News on the 27th,...
The value of the lira again hit an all-time low, even though the Turkey stopped cutting interest rates by raising its key interest rate from 8.5% to 15% for the first time in two years and three months. According to...
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