US Dollars

US Federal Reserve’s Rate Cuts: A New Wave of Turmoil in Asia?

The US Federal Reserve has a mixed legacy in Asia, one characterized by periods of financial turmoil linked to its monetary policy decisions. With a history that stretches back to the mid-1990s, the actions of the US central bank have...
US dollar

Federal Reserve’s Missteps: Unveiling Critical Errors

Richard Russell, a ground service agent, intentionally crashed a plane from Seattle-Tacoma International Airport, causing despair among pilots. Despite rising incomes, people like Russell struggle to keep up with the soaring cost of living. Car prices have remained high after...
Indian Rupee

Can Indian Rupee be a means of payment in Sri Lanka’s domestic market?

Colombo The Government of Sri Lanka approved Indian Rupee as an international currency. After which now trade between India and Sri Lanka will be possible in Indian currency. But, the Indian currency will not be used for domestic transactions in...