Tehran, Iran. The country's oil industry has been particularly baldy hit by the recent US sanctions and this new European mechanism will not cover transactions related to this sectorFeatured|MarketsAu...
War can have both positive and negative impacts on the economy and the markets, depending on the nature, duration, and outcome of the conflict. Some of the factors that can influence the market reaction are:The level of uncertainty and risk that war creates for investors and consumers. War can cause
SINGAPORE, Nov 15 (Reuters) - Asian stocks surged to two-month highs on Wednesday in anticipation of stimulus in China and an end to rate hikes in the United States, while the dollar nursed steep loss...
Futures are contracts that obligate the buyer or seller to exchange an asset or commodity at a specified future date and price. They are used for hedging, speculation, and arbitrage purposes in the global market. Futures can be based on various underlying assets, such as currencies, commodities, ind
Coinbase (COIN), the largest cryptocurrency exchange in the US, saw its stock price plunge by 17% in the past week, as investors shifted their attention to the newly launched Bitcoin exchange-traded funds (ETFs).The Bitcoin ETFs, which track the performance of Bitcoin futures contracts, have attract
The French Franc was the official currency of France from 1795 until it was replaced by the Euro in 2002. This historical currency played a significant role in the French economy and had a rich history.
The Belgian Franc was the official currency of Belgium from 1832 until it was replaced by the Euro in 2002. It played a significant role in the country's economic history and was widely used for everyday transactions. The Franc was introduced following Belgium's independence and went through several changes over the years, including decimalization in 1832 and the adoption of a new design in 1944. Despite its long-standing presence, the Belgian Franc faced challenges in the later years,
The Saint Helenian Pound is the official currency of Saint Helena, Ascension, and Tristan da Cunha. It was introduced in 1976 to replace the Saint Helena Pound and is pegged to the British Pound at a 1:1 ratio. The currency is issued by the government of Saint Helena and is used by the local population for daily transactions. The Saint Helenian Pound is not widely accepted outside of Saint Helena, Ascension, and Tristan da Cunha, so visitors to the islands are advised to bring British Pounds or
The Sao Tomean Dobra is the official currency of Sao Tome and Principe, a small island nation located in the Gulf of Guinea, off the western coast of Africa. Introduced in 1977, the Dobra is named after the Portuguese word for "doubloon," a type of gold coin. The currency is denoted by the symbol "Db" and is subdivided into 100 centimos. The Dobra has undergone several changes throughout its history. Initially, it was pegged to the Portuguese escudo at a 1:1 ratio. However, d
