Tag: dollar
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Dollar set for first monthly drop
The dollar was lower on Friday and on track for its first monthly decline in 2024 after data showed U.S. inflation rose in line with expectations in April, offering little clarity on how soon the U.S. Federal Reserve will be able to cut interest rates. The personal consumption expenditures (PCE) price index increased 0.3% last…
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Dollar Tree, Inc. transacts for 170 ‘99 Cents Only Stores’ – News
Dollar Tree, Inc. (NASDAQ: DLTR) today announced that it acquired designation rights for 170 leases of 99 Cents Only Stores across Arizona, California, Nevada, and Texas. The deal was completed via two transactions in May that were approved by the United States Bankruptcy Court for the District of Delaware. As part of the transactions, Dollar…
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Zhou Xiaochuan’s thought on digital currency challenge the dollar
The vice-chairman of Baao Forum for Asia, Zhou Xiaochaun, who’s also the former governor of the People’s Bank of China offers his thoughts on what the dollar is right now, and if it will be toppled as the dominant global reserve. Check out what he said regarding the use of digital currency by members of…