
How did famous fiat currencies get their names
Although the name of a currency is less important than its real value, the stories about the origin of the following currencies are really interesting and fun, so it’s a good idea to expand our
Although the name of a currency is less important than its real value, the stories about the origin of the following currencies are really interesting and fun, so it’s a good idea to expand our
On Tuesday, Norway’s oil and state pension fund reported a record loss of 1.64 trillion Norwegian kroner, or $164.4 billion, for 2022. The fund’s investment return was minus 14.1 percent for the year, according to
As a replacement for the dollar, Lula da Silva proposed to go a step further to consider the possibility of creating a common currency for both BRICS (Brazil, Russia, India, China, and South Africa) and
Brazilian President Luiz Inacio Lula da Silva said that after a meeting with his Argentinian counterpart Alberto Fernandez, the two countries have renewed talks on creating a common currency. They agreed that using the US
Microsoft reported a quarterly profit of $16.43 billion, or $2.20 per share. Excluding one-time items, such as $800 million in severance payments to laid-off workers, Microsoft earned $2.32 per share, beating Wall Street expectations. After
Compared to the end of the second quarter of last year, this figure has improved by 282 billion euros, while compared to the end of the third quarter of 2021, it is higher by 1,318
The Dow Jones fell 0.76 percent to 33,044 points, and the S&P 500 fell at the same rate and slipped to 3,898 points. The Nasdaq index fell 0.96 percent to 10,852 points. Indices came under
The Dollar Index (DXY) follows the dollar versus six other currencies. At 03:15 ET (08:15 GMT) it traded 0.1% lower at 101.965, just over the seven-month low of 101.77 seen earlier in the week. The
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