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Another effect of the collapse of oil prices is that the currency, the tenge, has seen a drop in value of 50% of the dollar as of January 2016. [5] While the national bank was printing more money and causing inflation to occur at 7.4% and 13.6% in 2014 and 2015, respectively, the national bank has since lowered inflation to 6.8% in 2016.
The Monday announcement sent the Canadian dollar down 1.5% to as low as 1.45 against the dollar, touching its weakest level in nearly five years, while the peso fell by as much as 1%.
Price level indexes (PLIs), with the world average set at 100, are calculated by dividing the purchasing power parities (PPPs), where 1 PPP equals 1 US dollar in the US, by the market exchange rates, also equated to 1 US dollar. These ratios are then adjusted to align with the global average, which is standardized at 100.
Detailed coverage of the US economy, showing forecasts for 20 macroeconomic variables. In addition, monthly forecast data is also available for currency exchange rates as well as a range of commodity prices. These appear in Foreign Exchange Consensus Forecasts and
The US dollar just saw its worst week in over a year as Trump held off on enacting ... with full-year 2025 revenue expected to decelerate compared to 2024 as the rising dollar weighs on forecasts.
As a result, Kazakhstan and other countries still in the ruble zone were "pushed out". [5] On 12 November 1993, the President of Kazakhstan issued a decree "On introducing national currency of Republic of Kazakhstan". The tenge was introduced on 15 November 1993 to replace Soviet currency at a rate of ₸ 1 = Rbls 500. In 1991 a "special group ...
This is an alphabetical list of countries by past and projected Gross Domestic Product, based on the Purchasing Power Parity (PPP) methodology, not on market exchange rates.
The U.S. Dollar Index (USDX, DXY, DX, or, informally, the "Dixie") is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies, [1] often referred to as a basket of U.S. trade partners' currencies. [2] The Index goes up when the U.S. dollar gains "strength" (value) when compared to other ...