In the world of economics, few names stand out as much as Shamshad Akhtar's. She was a trailblazer, the first woman to lead Pakistan's central bank. At 71, she left behind a legacy that spanned decades and touched many aspects of Pakistan's economic life. Akhtar's career was marked by significant m
Gold is shining brighter than ever. Prices have skyrocketed, making this the best year for gold since the late 1970s. Why? Well, the world's feeling shaky. There's tension everywhere, from trade wars to conflicts in Europe and the Middle East. When things get uncertain, people flock to gold. It's li
In a move to stabilize the economy, Russia's central bank lowered its key interest rate to 16%. This decision came as inflation is easing, but the economy is still struggling to grow, partly due to the ongoing military actions in Ukraine. The central bank's announcement coincided with President Vla
Japan's finance chief, Satsuki Katayama, has raised concerns about the yen's wild ride in the currency markets. She warned that Japan might step in if things get too crazy. This comes after the yen took a nosedive, even though the Bank of Japan had just raised interest rates. Katayama was talking t
Bitcoin's value slipped under $90, 000 on Sunday, signaling a cautious mood among investors. This drop comes as traders brace for a week packed with important economic reports and central bank decisions. Bitcoin's price hovered around $89, 600 in the early afternoon, marking a slight decline of abo
Türkiye is making progress in its fight against inflation. The finance minister expects the annual rate to drop into the 20% range by February. This is a significant improvement from the 64%-65% seen over the past three years. The government's goal is to bring inflation down to single digits, but th
The crypto market is currently in a holding pattern. Bitcoin and Ethereum are the main focus, with investors waiting for clearer signals from central banks before making big moves. Things have been pretty stable lately. Both small and big investors are putting money into BTC and ETH, but they're no
Czech National Bank (CNB) has taken a bold step into the world of digital assets. They bought Bitcoin to understand how it works in real life. Governor Aleš Michl says this is not just about making money. It is about learning. The bank wants to see how Bitcoin behaves in their own environment. Mich
The Czech Republic is diving into the world of cryptocurrency. The country's central bank has made a move that shows they're serious about understanding and possibly adopting digital currencies. They've put $1 million into a mix of Bitcoin, stablecoins tied to the U. S. dollar, and tokenized bank de
Brazil is stepping up its game in the crypto world. The central bank has just rolled out new rules for trading virtual assets, including cryptocurrencies. These rules aim to tackle money laundering and terrorism financing, extending existing regulations to virtual-asset service providers. Crypto ha
