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Facebook's Digital Currency Renamed Diem

2020-12-02 18:03:42| TechNewsWorld

Libra, the digital currency announced by Facebook last year, is getting a new name. Libra will now be Diem. The new name will reenforce the currency project's independence, according to a statement released by the Libra Association, which is also changing its name. From now on it will be the Diem Association.

Tags: digital currency renamed digital currency

Currency Trends in Emerging Countries: November 2020 (Monthly Report)

2020-12-01 21:08:21| EmergingTextiles.com

The US dollar has sharply dropped in the past month against most currencies, with the euro and the Sterling rebounding as a result. The Indian and Pakistani rupees weakened further against the Chinese currency, whereas Turkey's lira was recovering over a radical change in its financial policy. Our monthly statistical report covers the past two years and displays a comprehensive view of currency values against the US dollar but also compared with the euro, the British pound, the Indian rupee, the Pak. Rupee, and the Chinese renminbi over the last three years.

Tags: report november monthly countries

Currency Trends in Emerging Countries: October 2020 (Monthly Report)

2020-11-04 19:09:06| EmergingTextiles.com

The US dollar has slightly rebounded in the past week, in line with a sharp fall in financial markets. The renminbi has stayed strong in October, whereas the Turkish lira was collapsing further. Our monthly statistical report covers the past two years and displays a comprehensive view of currency values against the US dollar but also compared with the euro, the British pound, the Indian rupee, the Pak. Rupee, and the Chinese renminbi over the last three years.

Tags: report october monthly countries