Questions tagged [currency]
Questions about a system of money in general use in a particular country or its relationship to international trade, such as, exchange rates or reserve currencies.
84
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Does it harm a country/society/economy to destroy a large amount of their money?
How might it harm a society to destroy some of its money? (For example, by burning a large quantity of cash.)
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Why doesn't Washington want to enact a law to punish all currency manipulators, including China?
Some policymakers and pundits have argued that currency
manipulation–the effort to keep exports cheap by intervening in the
foreign exchange market–is the most important issue international
economic ...
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1
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1
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Would China currency-swap deal with Argentina be made useless if Argentina would switch to the U.S. dollar?
The People’s Bank of China made available $6.5 billion to Argentina
from a currency swap line the countries share, President Alberto
Fernandez announced Wednesday after meeting with President Xi ...
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11
votes
5
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How do central banks outside the U.S. issue USD?
How do central banks outside the U.S. issue USD? Sometimes, during a recession, you need to issue currency to get the economy going, but sometimes you have a central bank that uses the currency of ...
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Destruction of mutilated US currency. Does the BEP or US government agencies track the serial numbers of destroyed currencies?
Does BEP or any other government agency track the serial numbers of mutilated currencies that are destroyed?
1
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2
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Why is the composition of China's foreign exchange reserves classified information?
The exact composition of China's foreign exchange reserves is
classified information.[7][8] In July 2019, China's State
Administration of Foreign Exchange announced that at the end of 2014,
US dollar ...
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1
vote
2
answers
678
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Why won't China reduce its exposure to US dollars after all this talk of decoupling?
As Treasury yields soar, however, that thinking may be changing - the
two-year is up 50 basis points this month and close to November's
15-year high of 4.88%, while the 10-year is up 40 basis points ...
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3
votes
2
answers
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What advantages does China benefit from hiding a large amount of currency reserve from the rest of the world?
https://www.bloomberg.com/news/articles/2023-06-30/china-has-3-trillion-of-hidden-currency-reserves-setser-says
China is sitting on a $6 trillion pile of money, half of which is
“hidden,” and that ...
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5
votes
1
answer
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What is the effect of removing certain denomination of a currency?
About yesterday the Indian government withdrew 2000 rupee notes in circulation ref. Typically, when stuff like this happens, the explanation is that the attempt is to combat black money. This answer ...
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Why not print more money rather than taxes? [duplicate]
To my understanding, printing money devalues the currency because there is now more money in circulation. Now, the purpose of taxes is to absorb money back into the government directly. However, this ...
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5
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What are the pros and cons that a new common currency for Latin America bring to the region?
https://www.weforum.org/agenda/2023/03/what-do-talks-about-a-south-american-common-currency-say-about-globalization/
Argentina and Brazil recently announced preliminary plans to form a
common ...
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3
votes
2
answers
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Why is confidence in U.S. banking at 27%?
"Gallup first measured confidence in institutions in 1973 and has done so annually since 1993. This year's survey was conducted June 1-20.": "Now I am going to read you a list of ...
17
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2
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Will the UK replace its banknotes and coins now there is a new monarch?
All sterling coins in circulation and most sterling banknotes have a picture of the late Queen Elizabeth II. Will they be replaced by ones with pictures of King Charles III?
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Why is Russia limiting its gas supply to the EU instead of stopping it altogether?
Recently, Russia has markedly reduced gas sold to European nations in their gas pipelines. This seems very strange to me. In my opinion, the only two logical amounts of gas to sell would be "as ...
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ELI5: Why is Russia's requirement for oil to be paid in Roubles abnormal?
There seem to be various stories of Russia cutting off various neighbouring and other Euro states from its oil over failing to pay for the oil in Roubles (this is independent of the Ukranian war and ...
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