currency

Report: Chinese Currency Soars on Hopes of Joe Biden Victory

The Financial Times (FT) reported on Friday that China’s currency, the renminbi, had its biggest rally in 15 years, driven by increased foreign demand and “rising expectations that a Joe Biden victory in next month’s U.S. presidential election could help reset relations between the two superpowers.”

china money 100 bank note background, business and finance concept

Bashar Assad Makes Syrian Currency Debut on 2,000-Pound Bill

The Syrian Central Bank has debuted a new, higher denomination bill featuring dictator Bashar al-Assad, the first time Assad has appeared on the nation’s currency. Such an appearance may imply renewed confidence in his stability as a leader, as the Islamic State rapidly loses territory in its “capital,” Raqqa.

In this photo released by the Syrian official news agency SANA, a man displays a new bank note of 2,000 Syrian Lira, ($3.9), during a press conference for the Central Bank Governor Duraid Durgham in Damascus, Syria, Sunday, July 2, 2017. The notes are the first time the face of …

Trump Calls Out China in Acceptance Speech

Donald Trump issued a stern warning to the Beijing regime in his acceptance speech. He said he would stop China’s “outrageous theft of intellectual property,” “illegal dumping” and “devastating currency manipulation.”

CLEVELAND, OH - JULY 21: Republican presidential candidate Donald Trump delivers a speech during the evening session on the fourth day of the Republican National Convention on July 21, 2016 at the Quicken Loans Arena in Cleveland, Ohio. Republican presidential candidate Donald Trump received the number of votes needed to …

Obama Administration Moves to Add Women, Blacks to $5 and $10 Bills

Now that Secretary of the Treasury Jacob Lew has confirmed his agency’s decision to replace President Andrew Jackson with black Republican Harriet Tubman on the front of the $20 bill, the Obama administration is looking to place more leaders of the women’s suffrage movement onto the back of the $10 bill and plans to add black civil rights leaders onto the back of the $5 bill.

FILE - In this Monday, Aug. 31, 2015, file photo, a woman holds a sign supporting Harriet Tubman for the $20 bill during a town hall meeting at the Women's Rights National Historical Park in Seneca Falls, N.Y. A Treasury official said Wednesday, April 20, 2016, that Secretary Jacob Lew …