The main factors causing currency fluctuations this month are inflation forecasts, changes in domestic money supply, and the United States FED announcement.
Currency Performance: Worst & Best in November 2022
Jan 19, 2023 @ 01:50 PM / by Georgio Papakonstantinou
Currency Performance: Worst & Best in October 2022
Dec 06, 2022 @ 03:12 PM / by Georgio Papakonstantinou
The United States’ rate increases continue to impact currency changes and a variety of domestic issues.
How are worldwide currencies performing?
Oct 17, 2022 @ 06:45 PM / by Georgio Papakonstantinou
The United States’ interest rate hikes, account deficits, and increased spending have all contributed in some way to this month’s currency changes.
What were the Worst & Best Currency Performers last month?
Sep 22, 2022 @ 05:35 PM / by Georgio Papakonstantinou
This month’s currency changes can be attributed to political uncertainty and foreign reserves changes.
What were the Worst & Best Currency Performers in July?
Aug 17, 2022 @ 04:00 AM / by Georgio Papakonstantinou
This month’s currencies have been affected by a wide variety of reasons both domestically and internationally.
Currency Performance: Worst & Best in June 2022
Jul 26, 2022 @ 01:05 PM / by Georgio Papakonstantinou
Food shortages and gas prices continue to negatively impact countries’ abilities to help their people obtain basic needs.
What were the Worst & Best Currency Performers last month?
Jun 27, 2022 @ 06:07 PM / by Georgio Papakonstantinou
The U.S. Dollar has risen in value comparably to other major currencies including the GBP and EUR causing many smaller economies to be affected.
Currency Performance: Worst & Best in April 2022
May 19, 2022 @ 09:01 AM / by Georgio Papakonstantinou
Many countries have been negatively impacted by the Russian-Ukraine conflict.
Losses and Gains in the Foreign Exchange: March 2022
Apr 06, 2022 @ 06:24 AM / by Georgio Papakonstantinou
In late February 2022, Russia invaded Ukraine by means of airstrikes and infantry. This major conflict has driven several countries’ currencies to depreciate as political stability decreased in the area.
Turkey’s annual inflation has been soaring to record-high levels since the currency devaluation triggered by interest rate cuts last year.