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#currency ร—

US Treasury secretary confirms plans for banknote featuring Trumpโ€™s face

Proposed $250 bill would mark the first time a living person has appeared on US currency in more than a century.

Note for Trump: US Treasury designs US$250 bill with presidentโ€™s face

US President Donald Trump could soon appear on a new US$250 bill, in the Republicanโ€™s latest move to shatter US traditions by putting his personal stamp on national institutions. A proposal for the new bill, featuring a glaring Trump, was first reported Thursday by The Washington Post. If carried out, it would be the first time the image of a living person - let alone a president - had appeared on US currency in a century and a half. โ€œRight now there is proposed legislation - front of the House,...

Indonesiaโ€™s rupiah sinks to record low as Prabowo shrugs off rout fears

Indonesian officials have moved to reassure markets that the countryโ€™s economic fundamentals remain sound after the rupiah sank to a record low, but President Prabowo Subiantoโ€™s attempts to play down the currencyโ€™s slide has attracted criticism from economists and social media users alike. The rupiah fell to 17,720 per US dollar on Tuesday, cementing its status as one of Asiaโ€™s worst-performing currencies this year. Indonesiaโ€™s main stock index, the Jakarta Composite Index (JCI), tumbled 3.46...

Financial struggles burden Yemenโ€™s army as soldiers wait for wages

Yemeni soldiers earn $38 to $116 monthly, but an unstable currency has eroded the value of their salaries.