New Zealand’s central bank is taking a long, hard look at cryptocurrencies and the role they will play in future business. Here’s what businesses had to say about our digital future.
The pound is up about 30% against the US dollar since autumn 2022.
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Talk of a joint BRICS currency feeds into ‘decline of the dollar’ rhetoric. But it is the economic bloc’s focus on innovation that will reshape the international system.
The writing was on the wall in Sri Lanka.
Arun Sankar/AFP via Getty Images
An expert on Sri Lanka’s economy identifies and explains three key challenges that Ranil Wickremesinghe will have to overcome if he hopes to steer the country out of its crisis.
Most countries manipulate their currencies – at least a little – but at the moment that’s not the real reason they are undervalued relative to the dollar.
One of the hot questions regarding the bitcoin since the first ones were created in 2009 is its real value. We will try as well to answer to this question using two concepts in economics and finance.
This 2013 photo shows Bitcoin tokens at a shop in Utah. What does the future hold for the volatile cryptocurrency?
(AP Photo/Rick Bowmer)
With countries such as China and Sweden are studying plans to create a new form of money – a central-bank digital currency. CBDCs risk revolutionizing both the way money is created and distributed.
People queuing to withdraw cash at an ATM. Demonetisation in India has not met its target and actually reinforced informal networks.
Santosh Kumar
Providing security in the blockchain would convert into a degree of predictability in the technology. If this was shown to work in the long term, it would also create trust.
The change in the price of crypto-currencies, like Bitcoin, and other crypto-assets are due to investors realising the value.
Chris Helgren/Reuters
While the current speculation in crypto-currency and assets should make us pause, this is not a speculative driven bubble like tulips, or gold mining stocks.