Currency Analysis

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...

From the beginning, Litecoin has applied many features. It is to improve transaction speed without having to trouble network integrity and security. One of them is SegWit. It is the abbreviation of Segregated Witness. The first proposal was in 2015....

Litecoin improves to answer Bitcoin’s shortcomings, just like Lee’s aim. It is the silver of Bitcoin’s gold. Both are peer-to-peer internet currency, decentralized and open networks. This article would not further the differences between Bitcoins and Litecoins. Litecoin’s creation is...

Litecoin has a fixed maximum number, just like Bitcoin. Thus, there would bever be 84 million Litecoin in its circulation. The reason is because, every 2.5 minutes Litecoin generates a new block ledger entry. This is from the most recent...

Charlie Lee, a former Google engineer created Litecoin (LTC) October 2011 as an alternative to cryptocurrency. Although Litecoin adopts Bitcoin’s open-source code, Litecoin owns several modifications. It is the lite version of Bitcoin. The similarity between the two are in...

Although the globalization structure is being reorganized around China and the theory of a dollar crisis is emerging, dollar hegemony is still solid in Europe. This is because dollars account for half of the international capital market. It is observed...

The de-dollarization trend is also intensifying in Asian countries. Bangladesh has decided to repay the cost of nuclear power plants that Russia is building in its country in yuan instead of dollars, and Pakistan will also use yuan to purchase...

The 'de-dollarization' trend is getting stronger. In addition to Russia, which has been expelled from the global financial settlement system, the Chinese yuan is permeating all over the world, including Latin America, the U.S.'s "back yard," the Arab region, the...

Some are concerned that if the dollar continues strengthening, countries may intervene more actively in the market to defend their currency's value. In 1985, Britain, France, West Germany, and Japan signed a Plaza Accord with the United States. The move...