Check out this amazing blog post about the latest news on the dollar! Find out about the record trade surplus and the IMF's take on the currency policy. The government insists on the continuity of the "dollar blend," despite the IMF's opposing view. Dive into the details here: https://ift.tt/Gd3aBk6
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The BRICS and ASEAN are shifting from the US dollar to local currencies due to rising debt concerns. Economist Peter Schiff warns, "As our trading partners move away from the dollar... it's going to have a tragic ending," anticipating a US dollar and sovereign debt crisis. This comes amid the Federal Reserve's rate hikes and dollar printing criticisms. Liked what you read? For more such 60 word news pieces delivered to your mail box, click the link in bio and subscribe to our daily newsletter! #ds #usnews #scrollmore #morningnews #dailynews #scrollupdate
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✨Europe or USA? Euro VS Dollar . In the current realities, the conditions for the strengthening of the euro against the dollar are being formed. But now everything depends on who will be the first and more decisive in maintaining lending rates. ECB or Fed. So far, the picture points to the fact that the Fed will be more nimble and this will lead to a cycle of growth of the euro against the dollar. But the situation has not been fully clarified yet. Current challenges to the world economy will clarify this situation by the end of 2024. #euro #dolar #usa #europe #fed #ecb #finance
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Start the week with an update on economy from the previous one! The country earned significant revenue through RMG export, credit card usage abroad declined along with the national decline in deposits. Do not forget to check out the latest BDT exchange rates against major currencies at the very end. #Bangladesh #Economy #Highlights
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Getting forex under control will help tame inflation — C&I Leasing Resolving the foreign exchange, Forex, difficulties has been identified as the most important economic objective for the federal government in 2024. Read more>>>https://bitly.ws/33eis
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A Notable Decrease in the Strength of the Dollar! An examination of the market trends reveals that the dollar, after extending its weaker performance from the previous weekend and the preceding day, encountered a stronger demand during the European morning trade. This shift could suggest a more positive trajectory for the currency in the immediate future. #MarketTrends #DollarTrading #Economy
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Our roundtable discussion on the future of the global economy and markets continues, as our analysts preview what is ahead for government bonds, currencies, housing and more. #GlobalOutlook #Bonds #Housing #MarketInsight
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Financial Advisor - Senior Vice President, Family Wealth Director, Investment Management Consultant at Morgan Stanley Wealth Management
Our roundtable discussion on the future of the global economy and markets continues, as our analysts preview what is ahead for government bonds, currencies, housing and more. #GlobalOutlook #Bonds #Housing #MarketInsight
Macro Economy: The 2024 Outlook Part 2 | Morgan Stanley
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Why do currencies devalue? In most cases, a state’s currency devalues because of the economic downturn inside a country. This causes a balance of payments deficit and the inflation rate to grow. This can be a consequence of different economic downturns such as war actions, GDP decreasing, falling prices of commodities that form a large part of exports, purchasing power falling, credit conditions tightening, political instability inside a country, etc. Currency devaluation is often connected with badly organized monetary policy and relating to decisions of fiscal controls (Central Banking System).
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Let us catch up with the latest developments in the economy from last week, with a lot of stats rounding up following the first half of the fiscal year closing. Bonus, latest BDT exchange rates with major currencies at the very end of this post! #Bangladesh #Economy #Highlights
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