Devaluation

Peter Schiff: Phony Economy Must Die or US Risks Financial Ruin

Economist Peter Schiff has warned that restoring a real economy requires… More…

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Peter Schiff: Phony Economy Must Die or US Risks Financial Ruin

Economist Peter Schiff has warned that restoring a real economy requires… More…

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Bitso Report Shows Argentines Leading Stablecoin Adoption in Latam

A recent report by Bitso, one of the largest crypto exchanges in Latin… More…

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Ethiopian Premier Defends Currency Float Decision, Rejects Devaluation Claims

The Ethiopian Prime Minister, Abiy Ahmed, has defended the decision… More…

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Russia-Linked Banknotes Blamed for Libyan Dinar Plunge

The Libyan dinar’s recent devaluation has been blamed on a… More…

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Mexican Billionaire Ricardo Salinas Doubles Down on Bitcoin, Advises Using It as Inflation Hedge

Ricardo Salinas, the third wealthiest man in Mexico, has recently… More…

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Mexican Billionaire Ricardo Salinas Urges Followers to Buy Bitcoin as Nigerian Naira Falls Under a Satoshi

Ricardo Salinas Pliego, one of the wealthiest billionaires in Mexico,… More…

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Economic Intelligence Unit: Nigerian Central Bank Lacks Capacity to Defend Local Currency

The Economic Intelligence Unit has stated that the Central Bank of… More…

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Egypt Devalues Currency, Raises Interest Rates to Fulfill Key IMF Aid Requirement

Authorities in Egypt recently allowed the local currency’s exchange… More…

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Report: Nigerian Central Bank Sued for Dollarizing Economy

In a lawsuit filed by a Nigerian human rights activist, the country’s… More…

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