President Recep Tayyip Erdogan’s government is spending billions to prop up the currency amid new economic turmoil. The question is how long it can last.
Tag: Currency
As Trade War Rages, China’s Sway Over the U.S. Fades
Beijing once could count on allies in business and politics to help get its way. Now many of its old allies are staying on the sidelines.
Argentina’s Economic Misery Could Bring Populism Back to the Country
Argentina’s turn away from populism and embrace of market forces has enraged people who have lost aid without producing a promised economic revival.
Getting the Spelling Right on 46 Million Bank Notes? It’s a Big Responsibilty
That’s how Australia spelled the word on $50 bills in October. The typo will be fixed, but the misspelled notes will stay in circulation.
Japan Stumbles as China’s Growth Engine Slows
A slump in exports raises questions about how effective Prime Minister Shinzo Abe’s economic policies would have been without Chinese help.
Turkey to Investigate JPMorgan Over Charges It ‘Caused Volatility’ in the Markets
With days until local elections, Turkey’s banking regulator accused JPMorgan Chase and other banks of issuing “misleading and manipulative” investment advice.
U.S. and China Near Currency Deal, but Provisions May Not Be New
The currency rules as described by the governor of China’s central bank are practically identical to what Beijing promised in 2016.
The African Currency at the Center of a European Dispute
What is the French-backed currency, the C.F.A. franc, used by 14 nations in western and central Africa?
Margaret Thatcher, Ice Cream Pioneer, Is Nominated as Face of £50 Note
The Bank of England has released a list of 800 scientific figures who could feature on its next redesigned bill. One in particular has raised eyebrows.