Airbnb admitted in Australian court that it had made “false or misleading representations,” charging customers in U.S. currency instead of Australian dollars.
Category: Currency
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Gold Bars and Tokyo Apartments: How Money Is Flowing Out of China.
Chinese families are sending money overseas, a sign of worry about the country’s economic and political future. But a cheaper currency is also helping exports.
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Gold Bars and Tokyo Apartments: How Money Is Flowing Out of China.
Chinese families are sending money overseas, a sign of worry about the country’s economic and political future. But a cheaper currency is also helping exports.
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Japan Takes Another Step Away From Easy Money
The Bank of Japan said it would be more flexible in how it manages government bond yields, citing rising inflation.
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How West Africa Can Reap More Profit From the Global Chocolate Market
Resource-rich countries like Ghana are often cut out of lucrative parts of the business like manufacturing. The “fairchain movement” wants to change that.
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How to Get the Best Foreign Exchange Rate
How to avoid foreign transaction and bank fees, and where to get the best rate when you travel abroad.
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Turkey’s Central Bank Raises Rates to Near Two-Decade High
The bigger-than-expected rate increase, to 25 percent, is aimed at curbing stubbornly high inflation that exceeded 80 percent last year.
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Roaring Back From Pandemic, Japan’s Economy Grows by 6 Percent
The rapid expansion came as exports have risen and tourists have flooded the country.
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Russia Tries to Bolster Ruble as Inflation Adds to Economic Woes
The central bank in Moscow took steps to counter the currency’s slide, but the war and resulting sanctions have put intense pressure on the economy.
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The ruble’s fall is raising concerns inside Russia about rising inflation.
The Russian currency has lost about a quarter of its value against the dollar this year, a reflection of the country’s roiling economy.