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Marketplace Morning Report
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Toy tariff story

Nov 20, 2019
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Marketplace Morning Report
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Marketplace Morning Report

Here are some reasons why China's currency is sinking

by Tracey Samuelson Oct 10, 2018
One U.S. dollar today is worth about 9.92 Chinese yuan. That’s down nearly 10 percent from where it was last spring. That drop has the attention of Treasury Secretary Steven Mnuchin, who said Wednesday he wants to make sure China…
An employee counts 100-yuan notes at a bank in Nantong in China's eastern Jiangsu province on July 23, 2018.
AFP/Getty Images

Venezuela launches new currency, but problems remain

by Dan Gorenstein Aug 20, 2018
Today Venezuela rolls out its new currency – the “sovereign bolivar.” It’s one of several steps the country is taking to curb runaway inflation, which is likely to top 1 million percent this year, according to the International Monetary Fund.…
A man shows new five Bolivar-notes in Caracas on Aug. 20, 2018.
FEDERICO PARRA/AFP/Getty Images

How strong is the U.S. dollar's position as a reserve currency?

by Kimberly Adams Aug 15, 2018
Russian officials were in Turkey on Tuesday, talking with the government there about possible solutions for Turkey’s currency crisis. Both countries are also facing U.S. sanctions, so one idea they floated: Stick to their own national currencies for trade and avoid…
The dollar is an international currency — a common denomination for global business. 
Yasin Akgul/AFP/Getty Images

And now, a currency war?

by Scott Tong Jul 20, 2018
President Donald Trump today accused Beijing of manipulating its currency. This is not a new charge. But what has occurred is an 8 percent fall in the Chinese currency against the dollar since the trade spat began in the spring.…
A man looks at information posted on a bank door showing how to distinguish real banknotes in Beijing on July 20, 2018. - China's yuan continued its steady decline on July 20, defying US President Donald Trump's warning over the dollar's rise and providing Beijing with a buffer against punitive trade tariffs imposed by Washington. 
WANG ZHAO/AFP/Getty Images

Turkey raises interest rates to stem currency crisis

by Tracey Samuelson May 23, 2018
The Turkish lira has been on a wild slide recently. It dropped 5 percent against the dollar Wednesday, its biggest loss in nearly a decade, before the country’s Central Bank stepped in with an emergency meeting that reversed some of…

Inflation pressure evident at producer level

by Mitchell Hartman Feb 15, 2018
The producer price index for January rose 0.4 percent month-to-month, and 2.7 percent year-to-year. Core producer prices, excluding volatile food and energy prices, were up 2.2 percent year-to-year. Producer prices remained muted after the Great Recession as economic growth was…

What it means when the dollar and the market diverge

by Lizzie O'Leary Aug 25, 2017
The U.S. stock markets have been doing well, and President Trump is quick to link his time in office to market highs. But at the same time the dollar has been dropping, losing more than 8 percent of its value…

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Here’s why the dollar is losing ground to other currencies

by , and May 17, 2017
Until yesterday, stocks seemed pretty immune to the noise out of Washington. But the dollar? Different story. The past week has not been kind to the U.S. currency. It’s at a seven-month low, in fact. Here’s why the dollar is so…

7 commonly counterfeited currencies

by Jana Kasperkevic Mar 28, 2017
It’s not all about the Benjamins.
Rows of dollar bills at the Bureau of Engraving and Printing in Washington, D.C.
Alex Wong/Getty Images

Theory versus reality on the border adjustment tax

by Kimberly Adams Mar 3, 2017
The border adjustment tax being championed by House Republicans would increase taxes on imports and make it cheaper to export American-made goods. Businesses who support it contend that it would even the playing field between foreign products and those made…