Now playing Next Economy Europe's energy crisis haunts the euro as it tumbles to 20-year low A new spike in energy prices has added to fears of recession, with manufacturing surveys due on Tuesday expected to highlight the damage done to activity. 23/08/2022
Now playing Next Money Can the US dollar be toppled as the world's premier reserve currency? The power of the dollar as the world’s premier reserve currency gives the US far-reaching advantages over its rivals. But with Russia and other BRICS nations signalling their intention to challenge this power, is it under threat? 03/08/2022
Now playing Next Economy This is what the euro-dollar parity means for you and the EU economy A weaker euro will make European exports immediately cheaper in international markets. 14/07/2022
Now playing Next Economy Euro reaches parity with dollar for the first time in 20 years The value of the common currency has plunged since Russia launched the invasion of Ukraine. 12/07/2022
Now playing Next Money Could Bitcoin become a reserve currency? A stablecoin backed by Bitcoin reserves may "open a new monetary era of the Bitcoin standard", one expert said. 12/04/2022
Now playing Next Money El Salvador approves €127 million Bitcoin adoption fund The country's Congress approved the funding as it prepares to adopt Bitcoin as an official currency on September 7. 01/09/2021
Now playing Next Tech News US launches pilot to explore uses of a potential new digital dollar The non-profit Digital Dollar Project is launching five pilot programmes over the next year to explore applications of a new central bank digital currency. 04/05/2021
Now playing Next USA What was the Mayflower and why is it celebrated 400 years on? The pilgrims built a new life in Plymouth, Massachusets, in 1620. The area's original inhabitants paid a heavy price. 15/09/2020
Now playing Next world news Republicans due to kick off Donald Trump re-election bid The Republican Party convention kick-off will look a lot different this year. 24/08/2020
Now playing Next Business Trump dismissed trade war concerns US stocks opened higher on Tuesday as China stepped in to stabilise the yuan, a day after Wall Street's main indexes racked up their steepest one-day percentage fall of the year. 06/08/2019
Now playing Next Real Economy Challenging the dollar: how using the euro is good for EU businesses Europeans identify the euro as one of the main symbols of the EU, but for many European businesses the dollar remains the main currency of choice. 20/02/2019
Now playing Next Russia Could Russia's plan to shun the dollar boost its economy? The government is preparing a bill to ‘de-dollarize’ the Russian economy in response to incoming US sanctions. Drawn-up using ideas from VTB bank head Andrei Kostin, the bill could be approved by Prime Minister Dmitry Medvedev in just two weeks. 04/10/2018
Now playing Next United Kingdom British pound hits post-Brexit referendum high The pound sterling has reached its highest level compared to the dollar since the June 2016 vote 17/04/2018
Now playing Next Economy Bitcoin booms to over 5000 dollars Despite fears of a bubble crypto-currency Bitcoin has broken through the 5000 dollar mark 12/10/2017
Now playing Next Economy Euro rises above $1.20 for first time in over two years Maybe it's time to schedule that shopping trip to New York: the single currency has hit its strongest level against the dollar in over two years. 29/08/2017
Now playing Next Economy Trump's tax reform plan promised, but details could be elusive President Trump says he wants to unveil a tax reform plan as early as Wednesday but there's speculation it will just be tax cuts without details. 25/04/2017
Now playing Next Economy Bitcoin value tops gold for first time ever The price of a single bitcoin has gone higher than one ounce of gold for the first time ever. 03/03/2017
Now playing Next Iran Why Iran's rial hit an all-time-low against the US dollar Iran’s currency, the rial, has hit an all-time record low against the U. 28/12/2016
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 Economy Dollar muscles ahead, strongest since 2003 against basket of currencies The US dollar has been boosted by Donald Trump's election victory and spending plans, and political and economic worries in Europe, Britain and Japan. 18/11/2016
ADVERTISEMENT
