devaluation

Currencies

Pound drops to record low as UK signals more tax cuts

The size of the pound’s intra-day decline on Monday was the biggest since March 2020

Currencies

The yuan is Hong Kong's new darling as investors chase higher yields

HONG KONG/BEIJING (Aug 17): The big ball of money in Hong Kong is rolling to the yuan, and the local dollar is suffering.
Manat

Currencies

Why nobody trusts the world’s best currency

BAKU (March 23): It took a decade of gains for the Azeri currency to build up trust, and two devaluations to ruin it.
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