dollar

Bank of England Asks Lenders to Assess Dependence on US Dollar

Bank of England Asks Lenders to Assess Dependence on US Dollar
Bank of England Asks Lenders to Assess Dependence on US Dollar
July 17, 2025  |  Banking

The Bank of England reportedly asked some banks to assess their dependence on U.S. dollars and test whether they could handle a U.S. dollar shock....

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Fed Governor: CBDC Not Crucial to Supremacy of Dollar
Fed Governor: CBDC Not Crucial to Supremacy of Dollar
October 14, 2022  |  Cryptocurrency

The creation of a central bank digital currency (CBDC) in America is probably not that crucial to ensuring the supremacy of the U.S. dollar, Federal...

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Facebook’s Libra Will Get 50 Percent Backing From US Dollar 
Facebook’s Libra Will Get 50 Percent Backing From US Dollar 
September 23, 2019  |  Cryptocurrency

Facebook’s planned digital coin Libra will get half of its backing from the U.S. dollar, with other support from the euro, yen, sterling and Singapore...

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World Central Bankers Discuss Global Crypto Alternative
World Central Bankers Discuss Global Crypto Alternative
August 25, 2019  |  Cryptocurrency

The 2019 Kansas City Federal Reserve’s annual symposium gathered the top monetary policymakers worldwide to kick around ideas to topple the dollar’s power, Bloomberg reported...

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Trump Speaks Out Against Crypto, Calls It ‘Based On Thin Air’
Trump Speaks Out Against Crypto, Calls It ‘Based On Thin Air’
July 12, 2019  |  Cryptocurrency

President Trump took to Twitter on Thursday night (July 11) to talk about cryptocurrency and Facebook’s Libra, according to a report by CNBC. Get the...

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Mastercard Teams With Hertz To Allow Rentals With Debit Cards In Europe
Mastercard Teams With Hertz To Allow Rentals With Debit Cards In Europe
July 11, 2019  |  Mastercard

To offer customers greater choice and convenience in time for the summer holiday season, Hertz, Dollar and Thrifty are welcoming debit cards at selected European...

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China Regulator Warns Of Losses For Those Betting Against Yuan
China Regulator Warns Of Losses For Those Betting Against Yuan
May 26, 2019  |  International

China’s banking and insurance regulator has warned that short sellers shouldn’t bet against the yuan, despite the fact that the currency has lost more than...

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Swedish Krona Continues To Fall Amid Other Currency Upheavals
Swedish Krona Continues To Fall Amid Other Currency Upheavals
August 29, 2018  |  International

The currency decline continues: The Swedish krona fell Wednesday (Aug. 29) against the euro, the fifth straight day that has happened. The decline comes amid...

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Strong Dollar, Trump Immigration Policies Hurting US Travel Industry
Strong Dollar, Trump Immigration Policies Hurting US Travel Industry
March 21, 2017  |  Post-Election

The U.S. leisure and business travel sector is number one in the world, but President Trump’s immigration policies and a strong dollar is threatening to...

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