Tag Archives: Foreign exchange market

13Jul/23

XRP is going to the moon

July 13, 2023FinanceCryptocurrency, Foreign exchange companies, Foreign exchange market, Market sentiment, Micropayment, Price action trading, Ripple, Ripple Labs, Torresadmin

July 13, 2023 /Developers/ —There are a few reasons why XRP is soaring today. Continue reading →

17Apr/23

Reasons why Purchasing-power parity is a better metric for comparing people’s well-being than Exchange rates

April 17, 2023EconomyChina, Currency, Economy, Economy of China, Exchange rate, Foreign exchange market, Gross domestic product, India, International economics, International United States dollar, Parity, Purchasing power, Purchasing power parity, Relative purchasing power parity, United Statesadmin

April 17, 2023 /Economy/ — Purchasing-power parity (PPP) is a measure of the value of different currencies, taking into account the cost of living in different countries. It is often used to compare the standard of living in different countries.

Exchange rates, on the other hand, are the prices of one currency in terms of another. They are determined by supply and demand in the foreign exchange market.

There are a few reasons why PPP is a better metric for comparing people’s well-being than exchange rates. Continue reading →

17Apr/23

Future of the dollar, as oil deals are increasingly done in other currencies

April 17, 2023EconomyChina, Chinese Yuan Renminbi, Currency, Dollar, Economy, Foreign exchange market, Hard currency, International finance, Monetary hegemony, Money, Reserve currency, Trade wars, United States, US Dollar, World currencyadmin

April 17, 2023 /Economy/ — The future of the dollar as the world’s reserve currency is uncertain. The dollar has been the world’s reserve currency for over 70 years, but there is a growing trend of countries using other currencies for oil deals. This trend is being driven by a number of factors, including the rise of China and other emerging economies, the increasing volatility of the dollar, and the desire of some countries to reduce their reliance on the United States.
Continue reading →

Tag: Foreign exchange market