How the US dollar became the world's reserve currency: history and interesting facts

The US dollar is one of the most stable currencies in the world. The first dollar was issued in 1914, and 60 years later it became the world's main reserve currency. Channel 24 tells what this means and how the dollar made this journey. The birth and growth of the dollar...

Los Angeles became the eighth in the world for high prices for tourists and expats

Los Angeles is the eighth most expensive city in the world for tourists and visiting workers. In last year's ranking, which is made by the Economist Intelligence Unit, the Californian city was ranked 27th. The growing dollar rate led to the fact that Los Angeles outstripped such large ...

The ruble anti-record: the dollar broke the historical maximum

The official dollar exchange rate set by the Bank of Russia on Tuesday was 75,95 rubles. This is the maximum value after the 1998 denomination in Russia. The exchange rate of the American currency turned out to be three rubles higher than the previous official value, which the Central Bank set on January 1. Official course ...

Bloomberg: the dollar expects long-term growth in 2016

The dollar in 2016 will rise against seven of the ten major currencies in the world. The growth of the American currency will be long-term and will bring it to a leading position in the world, writes Bloomberg, based on expert forecasts. According to the newspaper, in 2016 ...

Russia is preparing for the rate of 100 rubles per dollar

The Central Bank of Russia is preparing financial institutions in the country for a further fall of the ruble by one and a half to two times. This was reported by the Reuters news agency with reference to Andrey Shalimov, deputy chairman of the board of Vozrozhdenie Bank. It is quite possible that the exchange rate will be 100–120 rubles per dollar - these are the figures given by...

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