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The Unidad de Fomento (UF) is a unit of account used in Chile. It is a non-circulating currency; [1] the exchange rate between the UF and the Chilean peso is constantly adjusted for inflation so that the purchasing power of the Unidad de Fomento remains almost constant on a daily basis during low inflation. It was created on 20 January 1967 ...
The Joachimsthaler of the Kingdom of Bohemia was the first thaler (dollar). Dollar is the name of more than 25 currencies.The United States dollar, named after the international currency known as the Spanish dollar, was established in 1792 and is the first so named that still survives.
Big Mac index, November 2022. The Big Mac Index is a price index published since 1986 by The Economist as an informal way of measuring the purchasing power parity (PPP) between two currencies and providing a test of the extent to which market exchange rates result in goods costing the same in different countries.
A U.S. military appeals court has ruled that plea deals related to the man accused of masterminding the Sept. 11, 2001, attacks and two accomplices can proceed after Defense Secretary Lloyd Austin ...
President Biden announced Monday that he had commuted the sentences of 37 of the 40 current federal death row inmates to life in prison without the possibility of parole.
The US Justice Department has entered a court-enforceable agreement with Georgia’s Fulton County over jail conditions that federal investigators have described as inhumane, violent and unsanitary.
The Junta de Gobierno produced by the July Revolution (Revolución Juliana, July 9, 1925) wished to create a central bank, despite violent opposition. There were then six banks of issue: del Ecuador, Commercial y Agricola, de Pichincha, Credito Agricola e Industrial, del Azuay, and the recently opened (1920) Banco de Descuento.
New Year’s Eve in Taipei, the capital city of the island of Taiwan, is a masterpiece of visual spectacle.The city’s tallest building, Taipei 101, is the launching pad for the vibrant, vertical ...