Posts Tagged ‘currency’

Activating the New Currency: Discover Your Relationship With the Generous, Loving Energy of Money – FREE Event

Are you struggling financially? Does there always seem to be a limited supply of money in your life? Perhaps you feel that wanting money is not “spiritual”? Join leading money consciousness teacher Sarah McCrum to learn how to shift your orientation toward money, so that you can experience an energetic change which invites abundance into […]

Iranian president submits bill to devalue battered rial currency

TEHRAN, Iran (AP) — Iran’s president sent a bill to parliament Wednesday that would cut four zeroes from the value of the Islamic Republic’s sanctions-battered currency, the rial, as tensions remain high between Tehran and Washington. By sending the bill to lawmakers, President Hassan Rouhani’s government shows it is serious about an idea mulled for […]

Iran to scrap rial for good as parseh becomes small currency unit

The rial, the currency unit used consistently in Iran for almost a century, will be totally abandoned once the country introduces a redenomination. Iran’s new small unit of currency under toman will be named parseh and not rial, as previously reported in the media, based on the terms of a bill sent by the government […]

Currency War Begins: Chinese Yuan Crashes to New Record Low as Global Markets Tumble

By Tyler Durden Update 2: – China’s central bank has confirmed that it is, indeed, on, saying that it is able to keep the yuan exchange rate at a reasonable and balanced level – whatever that means – while acknowledging that the Yuan plunging beyond 7 per dollar is due to market supply and demand, […]

The Global Currency War Has Begun. China’s Yuan Breaks the 7 to $1 Band. Why is The Dollar Rising?

Over this weekend, China’s Yuan currency broke out of its band and devalued to more than 7 to $1. At the same time China announced it would not purchase more US agricultural goods. The Trump-US Neocon trade strategy has just imploded. As this writer has been predicting, the threshold has now been passed, from a […]

The Global Currency War Has Begun. China’s Yuan Breaks the 7 to $1 Band. Why is The Dollar Rising?

Over this weekend, China’s Yuan currency broke out of its band and devalued to more than 7 to $1. At the same time China announced it would not purchase more US agricultural goods. The Trump-US Neocon trade strategy has just imploded. As this writer has been predicting, the threshold has now been passed, from a […]

Walmart Is Trying To Patent Its Own "Libra"-Like Digital Currency

Authored by Marie Huillet via CoinTelegraph.com, A new patent filing suggests that United States retail giant Walmart may be developing its own U.S. dollar-backed digital currency similar to Facebook’s Libra cryptocurrency.  image courtesy of CoinTelgraph Walmart filed patent for “Digital Currency via Blockchain” Patent filing number 20190236564, “System and Method for Digital Currency via Blockchain,” was published by the […]

Iran to launch Integrated Currency Market in early August: CBI

The Central Bank of Iran (CBI) has announced that a long-anticipated initiative for launching an integrated market that could positively impact currency exchanges in the country will take shape next month. The CBI said in a statement on Saturday that the Integrated Currency Market will open as of August 12, concurrent with a major religious […]

Trump Says US Should Join "Great Currency Manipulation Game" By Devaluing Dollar

President Trump has never been a fan of the strong dollar. And after beating around the bush for months by demanding a 50 bp rate cut and more QE from the Fed, it seems the president is now explicitly calling on the US to artificially weaken the greenback by any means necessary. In a tweet, […]

It’s No Bitcoin: Facebook’s Libra Currency Is Tied to Government Currencies

Authored by Ralph Fucetola via The Mises Institute, Nobel laureate F.A. Hayek was, as he says in the 1990 introduction to his Denationalization of Money: The Argument Refined, one of the chief “gold bugs” of the 20th century. And he reminded us, so long as politicians want to control money, gold-backed currency is essential to protect our […]

A Currency Upheaval Is Coming

By Jeffrey A. Tucker Sometimes forces line up in just the right way to mark the end of an era. That era is dollar supremacy. Colin Lloyd has marshaled some impressive evidence that the dollar’s status as the global reserve currency may not last. Indeed, its status is weakening. Should it come to lose its […]

Currency reconversion not a turning point in economic reformation

MNA | Haniyeh Sadat Jafariyeh: One of Iran’s main economic policies, under the framework of the sixth five-year development plan, is modification of banking system and reformation of monetary policies, moving forward toward which the Rouhani administration put forward the plan to shift the national currency from Rial to Toman earlier in December 2016 by eliminating […]

Not good news for the dollar? Russia and Turkey ditched US currency for S-400 missile system deal

“We understand that if we’ll make transactions in [US] dollars, they won’t come through,” Putin told reporters on Wednesday, citing his recent talks with Turkey’s leader Recep Tayyip Erdogan. “So we thought up another option.” Turkey’s Erdogan calls on global trading partners to smash US dollar’s ‘monopoly’ Speaking at a business forum in Moscow, the […]

WARNING! IMF World Currency End Game!!!

IMF Setting Up World Currency & NWO End Game The following article was written by Brandon Smith and originally published at Alt-Market.com. There are two kinds of globalist schemes: First, there are the schemes they spring on the public out of nowhere haphazardly in the hopes that the speed of the event along […]

Diabetes spike in Mexican town where Coca-Cola used as drinking water, currency & religious offering

Cristobal de las Casas, in the Mexican state of Chiapas, has for years been caught between an inept local government and a multinational corporation which is draining its local water supply in a case of crony capitalism at its worst. Coca-Cola is produced locally at the Femsa plant, which bottles and sells the drink across Mexico. […]

Lord Rothschild: A New World Currency Will Arise On 10/10/18

30 years ago Lord Jacob Rothschild predicted that a one world currency would arise in October 2018 and replace nations’ sovereign currencies.  The 1998 Rothschild-owned Economist magazine said that 2018 would be the year of a new currency named ‘Phoenix. King World News reports: So what could be the events that will lead to a major […]

Crashing Currency Chaos Spreads Across The Global South

Crashing Currency Chaos Spreads Across The Global South Above: Iran oil exports will likely drop to just over 2 million barrels a day pushing the rial lower. Photo: iStock Cryptocurrencies show promise as economies stumble under sanctions and other pressures The Iranian rial: crash. The Turkish lira: crash. The Argentine peso: crash. The Brazilian real: crash. […]

Argentina’s Central Bank Hikes Rates to 60% as Currency Collapses

Email Us For general inquiries and advertising, email: Admin (at) BlacklistedNews.com. Article submissions, tips, and feedback, email: Tips (at) BlacklistedNews.com. Voicemail/TXT: Feel free to send us a message anytime (512) 222-3067 Source Article from http://feedproxy.google.com/~r/blacklistednews/hKxa/~3/bNGe0uIDf7w/argentinas-central-bank-hikes-rates-to-60-as-currency.html Related Posts Deutsche Bank Planning Mass Layoffs To Its Once Iconic […]

The Emerging Market Currency Crisis Of 2018 Threatens To Destabilize The Entire Global Financial System

By Michael Snyder We haven’t seen emerging market currencies crash like this in over a decade, and analysts are warning that if this continues we could witness a devastating global debt crisis.  Over the past decade, there has been an insatiable appetite for cheap loans in emerging market economies, and a very substantial […]

Forex drops to 8074t/1$ in secondary currency market

MNA – Iranian petrochemical plants, major suppliers of foreign currency in the country, sold their currency as low as 80740 rials/$1 in the secondary market on Tuesday. After a bumpy week for the country’s currency rate during which the Iranian rial plunged to a record low against the US dollar on the unofficial market, the […]

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