dollar

The euro has reached a new all-time high against the dollar, confirming the recovery of its positions amid the deteriorating position of the U.S. currency, reports the press.

Brazilian President Lula da Silva signed a decree activating the BRICS Bridge payment system, which some experts have already called “a revolutionary step in the global financial sphere”, according to Logos Press.

Bitcoin issuance, unlike U.S. currency, is finite, so bitcoin assets are not subject to inflationary depreciation, according to Logos Press.

The dollar value of foreign debt rose by the end of November due to changes in world currencies, causing more than 60% of the total addition to the country’s external debt, Logos Press reported.

The world is rapidly moving toward a shift from the era of the global dollar to one in which physical resources, primarily water and energy, which are essential to the functioning of artificial intelligence and electronic currencies, will play a crucial role, Logos Press reported.

The decline in official foreign currency receipts to the population from abroad, despite the cheapening of remittances, has affected the situation on the cash foreign exchange market: sales have been declining for four months, – reports Logos Press.

The demand and supply of currency, supported by remittances from abroad, remained balanced in August, and the National Bank did not intervene in the domestic foreign exchange market, Logos Press reported.

In April, the total public debt continued its growth, amounting to 123 billion lei (+16% in annual terms). In relation to GDP, it amounted to 35%, compared to 32.8% a year earlier,” Logos Press reported.