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Currency

Money makes the world go round, they say. But for this to make sense, national currencies have to be recognized and trusted stores of value so they can be traded among nations in foreign exchange markets.

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All Content on this topic

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Zimbabwe's fragile economy

Long lines at the gas station in the capital Harare. Gasoline is running out. The government doesn't have the more.
BusinessOctober 12, 201801:46 min
A man holds up two rupee notes

India's currency woes

India's economy is struggling with rising oil prices, a widening current account deficit and emerging market concerns.
BusinessOctober 2, 2018
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Ahead of Erdogan Berlin visit

People in Istanbul share their views on Turkey’s currency crisis and Erdogan’s visit to Berlin
September 27, 201803:13 min
DW Made in Germany Sendungslogo englisch

New currencies -- old problems?

What are cryptocurrencies, what is distributed-ledger technology? Are they for real?
BusinessSeptember 26, 201826:04 min
Made in Germany 25.09.2018

Doing good with a social cryptocurrency?

A new cryptocurrency aims to reward and finance social and environmental projects.
BusinessSeptember 25, 201805:30 min
Argentinien Proteste in Buenos Aires

Thousands protest austerity in Argentina

Thousands of Argentinians have taken to the streets to oppose fresh austerity measures in exchange for an IMF loan.
BusinessSeptember 25, 201801:59 min
Türkei Istanbul Eröffnung der dritten Bosporusbrücke - Yavuz-Sultan-Selim-Brücke

Turkey puts infrastructure projects on hold

Turkish President Tayyip Erdogan wants to slow spending on infrastructure projects to rein in inflation.
BusinessSeptember 14, 2018
Türkei, Istanbul: Heiko Maas und Mevlut Cavusoglu besuchen eine deutsche Schule

Mending fences at German-Turkish school

Germany and Turkey's foreign ministers took their tricky diplomatic mission to an Istanbul classroom on Thursday.
PoliticsSeptember 6, 2018
Doing business with Sardex

B2B cashless currency set to take on the world

Sardex, a regional B2B mutual credit club based on Sardinia, Italy, is cloning itself into other regions.
BusinessSeptember 5, 2018
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Argentina tightens the belt

Argentine President Mauricio Macri has announced higher taxes and a major consolidation of his government.
BusinessSeptember 3, 201801:19 min
Protests in Aden

Yemen hit by protests over rising prices

Demonstrators have blocked main roads in several Yemeni cities in protest against a fall in the local currency.
PoliticsSeptember 2, 2018

Argentina's currency tumbles to new low

The government of Argentina denied that it was facing economic failure, as the peso fell for three straight days.
BusinessAugust 31, 2018
The Turkish lira

Turkish currency continues to slip

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BusinessAugust 30, 2018
Türkei Geldautomat der Ziraat Bank

Turkey's collapsing currency

Turkey is suffering from high inflation and is being hit by sanctions. Its currency is collapsing.
SocietyAugust 23, 201804:13 min
Afghan dealers count currency at a money market in Herat

Dollar smugglers spook Afghan currency market

The afghani is taking a hit as dollar smugglers capitalize on the shortage of foreign exchange in neighboring Iran.
BusinessAugust 21, 2018
Car factory in Kocaeli, Turkey

Lukewarm response to 'aid for Turkey' call

Germany is not planning financial aid to help Turkey deal with its currency crisis, despite a threat to German firms.
BusinessAugust 20, 2018
Venezuela President Nicolas Maduro

Drastic new measures for stricken Venezuela

The Venezuelan economy is in freefall, crippled by a currency crisis that has seen inflation soar to farcical levels.
BusinessAugust 20, 2018
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Lira falls anew, and some Turks shrug

The latest on Turkey's currency crisis and diplomatic dispute with the United States.
BusinessAugust 17, 201801:19 min
Venezuela Tankstelle in Caracas

Inflation-wracked Venezuela forced to end cheap fuel

Venezuela is in an economic meltdown, confronting chronic inflation and an acute shortage of essential goods.
BusinessAugust 17, 2018
Symbolbild Staatsverschuldung der USA

US dollar on its way out as world's lead currency?

The "grave abuse" of the dollar's position in the global financial system will "lead to its demise," Russia says.
BusinessAugust 16, 2018
Costa Navarino, Greece

Turks spend in Greece, despite the crisis

Despite the Turkish lira crisis, tourists from the country are flocking to Greece with ample funds in their pocket.
BusinessAugust 16, 2018
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China, US to hold low-level talks in bid to resolve trade spat

China and the US will hold low-level talks later this month in a bid to resolve the escalating trade dispute.
BusinessAugust 16, 201800:57 min
Türkei Börse in Istanbul

Emerging economies under pressure

Turkey's ongoing financial crisis has rocked other emerging markets, raising questions of possible knock-on effects.
BusinessAugust 15, 2018
Zero euro bank note

The allure of a zero euro bill

A fake bank note is the big hit among Karl Marx-themed merchandise on the philosopher's 200th birthday.
LifestyleAugust 15, 2018
04.2015 DW Business Sendungslogo

DW Business – Europe & Africa

Turkish president threatens to boycott US goods – Argentina exposed to Turkish currency crisis
BusinessAugust 14, 201811:19 min
Türkische Lira fällt auf Rekordtief

Turkey's currency crisis explained

The Turkish lira crash is threatening to turn into a debt and liquidity crisis.
BusinessAugust 14, 201810 images
A vendor exchanges foreign currency with Turkish liras at a currency exchange shop in Istanbul

Merkel urges Turkey to keep hands off central bank

The chancellor said it's in Germany's interest that Turkey is "economically prosperous," as the lira continued to drop.
PoliticsAugust 13, 2018
Turkish flag hangs next to the European Commision flag

Turkish despair a cause for concern elsewhere

Turkey's economy is in turmoil amid fears over an ongoing currency and debt crisis. Concerns of wider contagion abound.
BusinessAugust 13, 2018
Borsa Istanbul

Turkey attempts to curb currency crisis

Turkey's central bank has said it will "provide all the liquidity the banks need."
BusinessAugust 13, 2018
Iranian and US flags

Sanctions on Iran are set to kick in, US warns

Secretary of State Mike Pompeo says the United States will rigorously enforce reintroduced sanctions on Iran.
BusinessAugust 6, 2018
Japan Financial Markets (picture alliance/AP Photo)

China's stock market falls to third place

Japan pushes the Chinese aside for the first time since China became the world's second biggest stock market in 2014.
BusinessAugust 3, 2018
Symbolbild Handelskrieg USA und China mit Dollar- und Yuan-Geldschein

China's falling yuan stokes currency tensions

The Chinese yuan has been on a losing streak in recent days, drawing fresh ire from US President Trump.
BusinessJuly 30, 2018
A man changing Iranian rials for dollars

Iranian rial plummets as new sanctions near

The Iranian rial has hit a new record low, dropping past 100,000 rials to the US dollar.
BusinessJuly 29, 2018
ECB chief Mario Draghi

ECB on course to end stimulus

The ECB remains on track to pull the plug on its massive stimulus program for the eurozone, despite trade tensions.
BusinessJuly 26, 2018
Venezuela Bolivar Geldscheine

Venezuela to remove five zeros from currency

In a bid to combat soaring hyperinflation, Venezuela has unveiled new paper money with five fewer zeros.
BusinessJuly 26, 2018
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Investors appear to shun gold

Gold has been the sure thing for investors when markets are volatile. But that doesn’t appear to be the case now.
BusinessJuly 24, 201801:56 min
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Varoufakis: Loans for Greece with too many strings attached

Former Greek Finance Minister Yanis Varoufakis tells DW that the conditions for loans had been unfair.
BusinessJune 11, 201808:54 min
Türkei Recep Tayyip Erdogan

Will Turks heed Erdogan's calls to buy liras?

Economist Per Hammarlund says many Turks will continue to save in dollars and other hard currencies, not in liras.
BusinessMay 28, 2018
Curcuta, Kolumbien - Folgen der Hyperinflation in Venezuela

Worthless currency turns into bags of money

Hyperinflation in Venezuela has made money so worthless that artists make handbags out of the country's currency.
BusinessMay 18, 2018
Iran Zentralbank in Teheran

Iran's currency plunges on sanction fears

As the US to pulls out of the nuclear deal with Tehran, Iranians have begun ploughing into the US dollar.
BusinessMay 8, 2018
Argentinien Pesos and US dollars

Argentina interest rate raised to 40 percent

Argentina's central bank has performed a series of rapid-fire rate hikes to help stabilize the national currency.
BusinessMay 5, 2018
Banesco Bank branch in Maracaibo, Venezuela

Venezuela seizes control of private bank, arrests top execs

The Venezuelan government says Banesco executives are responsible for the country's deteriorated national currency.
PoliticsMay 4, 2018
Indien Einführung neuer Währung - neue Rupie

India facing a cash crunch

ATMs in some states aren't dispensing cash anymore, putting PM Modi's demonetization move back under the spotlight.
BusinessApril 25, 2018
Internetcafé in Hanoi, Vietnam

Vietnam crypto scam prompts crackdown

Vietnam has launched an investigation into a multi-million-dollar cryptocurrency scam, ordering a crackdown on trading.
BusinessApril 12, 2018
Yi Gang Zentralbank China

China opens its financial market

China will allow foreign financial firms to compete on an equal footing and "sharply" expand their business scope.
BusinessApril 11, 2018
Blue screen with the inscription "blockchain"

Blockchain: Energy transition's next revolution

The technology that made bitcoin possible could solve key challenges of a renewables-based energy system.
Nature and EnvironmentMarch 29, 2018
Nikkei board

Asian markets jittery over trade war fears

The rumblings of a global trade war have shaken stock and currency markets.
BusinessMarch 23, 2018
New Venezuelan currency

Venezuela to knock three zeros off currency

Hyperinflation means the largest bill currently in circulation, the 100,000 bolivar note, can buy a cup of coffee.
BusinessMarch 23, 2018
04.2015 DW Business Sendungslogo

DW Business – Europe & America

EU levies threaten Harley Davidson's business plan - How open is China's open-door policy?
BusinessMarch 20, 201811:20 min
Venezuela Bolivar

Venezuelans launch new currencies

A rural community and a Caracas slum have created their own currencies in response to Venezuela's rapid inflation.
PoliticsMarch 20, 2018