The Surging Strength of the US Dollar: A Lucrative Opportunity for Czech Investors

The Surging Strength of the US Dollar: A Lucrative Opportunity for Czech Investors

In the last few months, a Czech investor could use one completely trivial tactic to get money: Simply exchanging crowns for US dollars at the nearest exchange office was able to earn him almost ten percent since mid-July. That’s how much the dollar overtook the Czech currency in just three months. And so far there … Read more

“Exchange Rate Update: Czechs Advised to Act Now for Favorable Exchange Rates”

“Exchange Rate Update: Czechs Advised to Act Now for Favorable Exchange Rates”

Most often, Czechs need euros during their holidays abroad, which are used to pay in the destinations where people from the Czech Republic go the most, namely in Croatia, Italy, Slovakia, Austria and Germany. The koruna against the euro has strengthened by almost four percent over the past year. “If a family were to exchange … Read more

“The US Debt Ceiling Debate: Implications for the Economy and Foreign Policy”

“The US Debt Ceiling Debate: Implications for the Economy and Foreign Policy”

For now, it seems that no one wants to back down. President Joe Biden expects the US Congress to raise the debt ceiling without further demands. On the contrary, Republicans want Biden to promise a savings plan of 5 trillion dollars over ten years. Donald Trump and his supporters go even further. They don’t want … Read more

Lebanon’s Cash Economy in Dollars Threatens Economic Recovery: World Bank Warning

Lebanon’s Cash Economy in Dollars Threatens Economic Recovery: World Bank Warning

The World Bank considered that “the cash economy in dollars in Lebanon, which is estimated at about $9.9 billion in 2022, or about half the size of the Lebanese economy, has become a major obstacle to achieving economic recovery” in a country suffering from an acute crisis. The World Bank has warned of growing dependence … Read more

“Dollar Prices in Egypt Today: Official and Black Market Rates”

“Dollar Prices in Egypt Today: Official and Black Market Rates”

dollar.. The price of the dollar on the black market continued its downward journey against the Egyptian pound, ranging between 50 and 90 piasters, below the level of 38 pounds. The price of the US dollar, according to sources who spoke to The Week, is between 37.90 and 37.85 pounds today, Tuesday, May 16, 2023. … Read more

Lebanese Protesters Burn Tires and Demand Deposit Returns Outside Banque du Liban, Witness Reports

Lebanese Protesters Burn Tires and Demand Deposit Returns Outside Banque du Liban, Witness Reports

On Friday, angry Lebanese demonstrated in front of the Central Bank of Lebanon, burning tires and demanding their deposits, which the state seized, while other protesters attacked branches of other banks in Beirut and other cities. The severe financial and economic crisis began in Lebanon more than three years ago, while depositors are unable to … Read more

The crown is losing ground. Those who can in business are switching to euros – List of News

The crown is losing ground.  Those who can in business are switching to euros – List of News

Show more You can also listen to the article in audio version. What you will read in the analysis Czech companies take out crown loans from banks instead huge amount of loans in eurosfor which – unlike crown bonds – they do not pay such high interest. He transfers a large part of these loans … Read more

The dollar retreats with the deceleration of wages in the United States

The dollar retreats with the deceleration of wages in the United States

The dollar lost ground on Tuesday January 31 after the publication of an indicator showing a deceleration in the rise in wages in the United States, which encourages traders to bet on the imminent end of monetary tightening by the American Central Bank (Fed). . >> The euro falls against the US dollar, the ruble … Read more

The price of the dollar in Lebanon today, Thursday January 12, 2023

The price of the dollar in Lebanon today, Thursday January 12, 2023

Today, Thursday, January 12, 2023, US dollar prices in Lebanon recorded a significant increase against the Lebanese pound on the unofficial black market as morning trading began. The price of the dollar today in Lebanon The price of the US dollar in Lebanon, in black market transactions against the Lebanese pound, reached the level of … Read more

After breaking above £32…a surprise in the dollar price today, Thursday 12 January 2023

After breaking above £32…a surprise in the dollar price today, Thursday 12 January 2023

Today, Thursday January 12, 2023, exchange rates in Egypt saw significant changes price in dollars The US dollar against the Egyptian pound rose significantly at the start of the day’s trading in the Egyptian banking sector. Foreign exchange rates in Egypt The price of the US dollar today in Egypt: The exchange rate of the … Read more