Tuesday, June 11, 2019 12:03
Flash by James McCormack, Fitch's analyst dollar review.
In an article published in CNBC, MacCormack hit recent trade wars and said the dollar was adversely affected by global wars led by the United States.
MacCormack uses the following statements in his statement:
"Trade wars have a negative impact on the global role of the dollar, and trade is moving away from America, so trading countries will have the opportunity to use their currencies instead of dollars." In addition to the US, 6300 people and institutions, the implementation of financial sanctions means the dollar leaves its use in other currencies, and some countries, like Iran and Russia, are clearly moving away from the dollar, while larger players such as China and the European Union take serious steps to make their currencies reserve money. the position of the dollar as a global currency will be damaged.
73 In 2001 and 62 in 2018
The share of the dollar in the foreign exchange reserves of the countries decreased from 73% in 2001 to 62% at the end of 2018.
BITCOIN EXPLANATION: MORE THAN TEMPLE, TESLA, KARDASHIAN
Virtual coins, with premiums made in recent months, were among the topics that attracted the world's greatest attention. According to Google Trends data, cryptographic money is even more popular in battles, search engines from US President Donald Trump, Tesla automobile brand and TV star Kim Kardashian, and another type of crypto-currency is Ethereum. The data in question; it is interpreted as raising awareness of the crypt-currencies.
CURRENT EXCHANGE PRICE
Taken from free markets in the last minute According to the information, the dollar exchange rate is traded at 5.79 TL. The Euro is traded at 6.55 TL.