Currency News: Employment Report Hurts Dollar Strength
The dollar slid to 3-week lows against multiple major currencies and experienced the second biggest one-day drop of the year on Friday.
The dollar slid to 3-week lows against multiple major currencies and experienced the second biggest one-day drop of the year on Friday.
Many in Nigeria are worried that their government will let the naira weaken.
Many law-abiding people assume that it is a small chance they will have to deal with fake money at some point of their life.
Japan is planning to test a new system of using fingerprints instead of standard currency when paying for items at shops. The government is hoping to have the system set-up on a larger scale in time for the 2020 Olympic games.
The South Africa rand dropped 31.30% since the end of March 2015. Weakened exports, political controversy and rising inflation rates have all contributed to the struggle of South Africa’s currency over the last year.