Why are Central Banks Buying Gold? Exploring the Trend of Record Highs Central banks buying gold is a rising trend that has taken the investment world by storm. Over the years, central banks have been accumulating gold at an unprecedented rate. Between 2010 and 2019, they purchased over 5,000 tons of gold, the highest level …
US Dollar’s Purchasing Power The US dollar has been the world’s dominant currency for decades. Given its importance as a global trade and reserve currency, understanding the purchasing power of the US dollar throughout history is essential. This post provides an overview of the purchasing power of the US dollar from 1913 to present. Historical …
Better Than Cash Alliance: Advancing Digital Payments The Better Than Cash Alliance is a global partnership of governments, companies, and international organizations that aims to help people move from physical cash to digital payments. It was established in 2012 and is based in the United Nations Capital Development Fund in New York City. Reasons for …
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