The leading cryptocurrency, bitcoin, has remained within a limited price range since yesterday. This followed yesterday’s quick surge to the $ 49K level, which then declined in the early trading hours of Thursday. Although there was a transient increase to the $ 47K mark, the value has stayed under the $ 46K …
US Dollar Dominance in Global Payments Strengthens, SWIFT Data Shows
The U.S. dollar’s dominance in global payments has strengthened, according to data compiled by global financial messaging service SWIFT. The share of SWIFT FX transactions involving the U.S. dollar rose to a record 46% in July. In addition, the share of the transactions involving the Chinese yuan has increased. SWIFT Data Indicates US Dollar Dominance […]