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Added on the 07/12/2018 07:47:04 - Copyright : Wochit
U.S. crude stockpiles rose last week to record highs for the ninth straight week, despite oil prices that continue to fall, as the dollar strengthens. Bobbi Rebell reports.
The Lebanese pound sinks to a historic low against the dollar on the parallel market, as banks in the crisis-hit country resumed an open-ended strike. The Lebanese pound, officially pegged at 15,000 to the dollar, was trading at 100,000 against the greenback on Tuesday, dealers said -- a dizzying plunge from 1,507 before the economic crisis hit in 2019. IMAGES
San Salvador, Oct 7 (EFE) .- (camera: Vladimir Chicas) El Salvador celebrated one month since the adoption of bitcoin as a legal exchange currency together with the US dollar.
European Central Bank president Christine Lagarde says interest rates will stay at their current record low levels until it sees inflation "durably" reaching the bank's new target of two percent. IMAGES
Bogota, May 31 (EFE), (CAMERA: Ricardo Maldonado Rozo) .- May has been the most lethal month for Colombia due to the coronavirus pandemic with about 15,000 deaths and more than half a million infected.
On Saturday, Bitcoin set a new record. The price of the digital currency passed $30,000. Bitcoin has been surging in recent weeks. Business Insider reports it passing the $20,000 price point a little over two weeks ago. On Christmas day it edging toward $25,000 Bitcoin has drawn in more interest from institutional and retail investors. Companies like PayPal added support for cryptocurrency transactions. Retail investors turned to digital coins as a safe haven (like gold) during the coronavirus pandemic.