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"Their balance of payments is terrible; their government debt is terrible; their fiscal debt is terrible," Mobius said.
The lira tumbled 4% on Friday. At a rally on Sunday, President Erdogan warned the financial industry: "I will make you pay a very heavy price."
‘The market appears more relaxed than it is’ — Traders shunning the UK because of Brexit are in for a pound ‘tsunami’
"The market appears more relaxed than it is."
Reasons for the ringgit's decline include political uncertainty and falling oil prices.
From see-through panels to waterproof bills, here's a look at cutting-edge currencies from around the globe.
Everything you need to know about Bitcoin, its mysterious origins, and the many alleged identities of its creator
Who came up with Bitcoin, anyways? It's complicated.
This rare 1792 penny is about to be auctioned off for 100 million times its value — and experts say it was likely held by the founding fath...
A rare 1792 penny is about to be auctioned off for about $1 million, which is 100 million times its monetary value. The penny was a prototype for the first US cent.
Turkey’s currency jumps after Washington and Ankara reportedly reach deal to release detained American pastor
The Turkish lira jumped Thursday after reports said its government could release a detained American within days, a step toward resolving tensions between Washington and Ankara that have helped roil the currency in recent months.
As trade tensions between the world's largest economies continue to escalate, the US has warned China not to weaken its currency as an alternative to tariffs.
Brazil's currency jumped Monday following presidential elections over the weekend, where far-right fringe candidate Jair Bolsonaro easily secured a spot in a runoff scheduled for later this month.