Currency - Garner Ted Armstrong Evangelistic Association

31 Mar 2023

China, Brazil strike deal to ditch dollar for trade

by AFP | posted in: Breaking News, China, News |

China and Brazil have reached a deal to trade in their own currencies, ditching the United States dollar as an intermediary, the Brazilian government said on Wednesday. The deal, Beijing’s latest salvo against the almighty greenback, will enable China, the … Read More

8 Sep 2022

Yen hits new lows even after Japan steps up verbal intervention

by Leo Lewis and Kana Inagaki in Tokyo and Song Jung-a in Seoul | Financial Times | posted in: Far East, News |

South Korea’s won reaches lowest level since 2009 as selling in Asian currencies picks up steam The yen fell further against the dollar on Wednesday, leaving it down a fifth this year as Japan’s government stepped up its verbal intervention … Read More