1 / 5 Relevant items tagged with #USD

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Balaji Srinivasan: Dollar Inflation Is Global Taxation

[Mar 26 8:30 PM] In a recent social media post, former Coinbase CTO Balaji Srinivasan argued that U.S. dollar inflation acts as a form of global taxation, highlighting the disparity in financial impacts between Americans and the global population. He noted that if…

Phantom Money: Counterfeit Dollar Bills Haunt Istanbul Bazaar

[Nov 29, 2024 3:30 AM] Fears of counterfeit $50 and $100 bills have disrupted foreign-exchange trade at Istanbul’s Grand Bazaar, with some bureaus halting the purchase of these bills due to issues with identifying fake notes. There are conflicting views on the extent of…

Nigeria Injects $543.5M to Shore up Naira

[Oct 9, 2024 7:30 AM] The Central Bank of Nigeria (CBN) injected $543.5 million into the Nigerian foreign exchange market between September 6th and 30th to address currency volatility. The bank attributed the volatility to high demand for imports and seasonal factors…