The plummeting UK pound may eventually have a beneficial impact on the cost of goods imported to Bermuda but it has not been felt yet, a leading retailer said y...
The plummeting UK pound may eventually have a beneficial imp...
Residents have been buying non-US major foreign currencies after the recent strengthening of the US dollar and the plunge in the value of pound sterling
Bermuda must look at ditching its own dollar in favour of United States currency, Bermuda’s elder statesman has said.
Sir John Swan floated the idea in an opini...
Bermuda’s pioneering work to regulate the global blockchain industry was praised by delegates to one of the world’s largest cryptocurrency conferences, as New Y...
An embargo has been imposed on the formation of companies involved in cryptocurrencies.
The government move was designed to allow for time to create a regulator...
The bitcoin and cryptocurrency intervention has brought a new layer of a technological mystic, particularly to the older generation and those of my era who are ...
“The value of a currency is, ultimately, what someone will give you for it — whether in food, fuel, assets, or labour. And that’s always and everywhere a subjec...
A predicted weakening of the US dollar will hit Bermuda’s buying power, a bank currency expert said yesterday.
Daragh Maher, head of foreign exchange strategy a...
The weakness of the Canadian dollar is a likely contributor to the drop in Canadian visitors to the Island, according to the Bermuda Tourism Authority.
“We can’...
Recently the US dollar has surged. Its gain versus a basket of major currencies since the beginning of July as measured by the US Dollar Index ‘DXY’ is almost n...