Now playing Next Money Protests in Turkey's cities after lira plunges to new historic low The Turkish lira has dropped 40 per cent in value since the start of the year, shedding as much as 15 per cent on Tuesday alone. 24/11/2021
Now playing Next The Cube Venezuela: 1 litre of milk could cost a third of your wage | #TheCube #TheCube | "Hyperinflation is too great for families to feed themselves." Amid a political crisis and growing economic collapse, what is hyperinflation like for Venezuelans? The Cube reached out to social media users who told their stories through receipts. 15/02/2019
Now playing Next Venezuela Venezuela reinstates the 100-bolivar banknote Venezuelan President Nicolas Maduro has suspended the withdrawal of the country's most widely-used banknote after higher-denomination notes failed to arrive in time. 18/12/2016
Now playing Next Venezuela Violence erupts as Venezuelans scramble to replace void banknote Police have opened fire on protesters in parts of Venezuela after looting broke out due to a severe cash crisis. 17/12/2016
Now playing Next Venezuela Maduro orders withdrawal of Venezuela's largest banknotes The president says the move to take the 100-Bolivar note out of circulation is to combat smuggling, but it has been strongly criticised. 12/12/2016
Now playing Next Iran Iran considers currency change The Rhouhani government approved on Wednesday a call by central bank to replace the rial with the more colloquially and historically known toman 08/12/2016
Now playing Next World Six knock-on effects of a plummeting pound The slumping value of the pound has an effect on tourism, foreign workers in the UK, exporters and expats. 13/10/2016
Now playing Next world news Why money is undermining our financial system Our global financial system is built around national and multinational currencies managed by state institutions. But the actors driving the global 15/04/2016
Now playing Next Business Poorer Egyptians pay the price for the country's foreign currency crisis Egypt's foreign currency crisis is causing big problems as much of its food and energy is imported and ordinary people are suffering amid rising prices. 25/02/2016
Now playing Next Russia Russian ruble scrapes new low, no happier for 2016 The Russian ruble on the last currency trading day of the year has hit a new 2015 low against the US dollar, at one point falling to 73.20 to the 30/12/2015
Now playing Next Russia Russia enforces stricter currency exchange rules Russia has put into force measures to keep a closer eye on exchanges from rubles to foreign currency. The Russian Central Bank has decreed that 28/12/2015
Now playing Next Business Russia holds interest rates after rouble's tumble Russia’s Central Bank has left interest rates unchanged amid turmoil surrounding the rouble’s decline, falling oil prices and rising inflation. After 11/09/2015
Now playing Next Business China's foreign reserves suffer biggest monthly fall on record China’s foreign currency reserves suffered their largest monthly fall on record in August. It’s the result of heavy intervention by the central bank 07/09/2015
Now playing Next Business Global markets hit turbulence amid mounting fears of China slowdown In this edition of Business Middle East, we analyse the turbulence engulfing global markets. Signs of an economic slowdown in China are stacking up 25/08/2015
Now playing Next Turkey Turkey faces snap election as PM Davutoglu abandons coalition effort Turkey's political future hangs in the balance as Prime Minister Davutoglu hands back the mandate to form a government to President Erdogan. 18/08/2015
Now playing Next Unreported Europe Rouble trouble: Finns sharing the pain of Russia's currency crisis The collapse of the rouble, caused in part by EU sanctions against Russia over its alleged support for Ukrainian rebels, has had an impact on parts 06/02/2015
Now playing Next Russia Russian economy set to shrink almost 5 percent next year Russia’s economy is likely to shrink by as much as five percent in 2015, due to Western sanctions, the collapse of the rouble and the price of oil 30/12/2014
Now playing Next Russia Putin tries to reassure over rouble worries, but also slams the West He attempted to reassure the Russian people about the state of their economy under his leadership. But a defiant President Vladimir Putin also took 18/12/2014
Now playing Next Business Putin upbeat on Russian economy but doesn't say how or when it will recover Russia’s economic problems drew a slew of questions at President Vladimir Putin’s end-of-year news conference. Blaming external factors for the 18/12/2014
Now playing Next Unreported Europe Hungarians fall victim to Swiss franc debt spiral A huge number of middle class Hungarians are sinking in debt repayments, after taking out private loans in Swiss francs. While the government is 27/10/2011