Mubasher: Facebook's proposed crypto coin, Libra, raised questions regarding consumer protection, data privacy and the impact on monetary policy and other issues.
Mubasher: The possibility of a full-blown currency war, in which central banks devaluate their currencies, can no longer be dismissed, according to Pacific Investment Management.
Mubasher: The Turkish lira extended its fall against the US dollar as investors awaited the fallout from Ankara's purchase of a Russian missile-defence system.
Mubasher: Turkish lira rallied against the dollar after President Recep Tayyip Erdoğan said that his US counterpart Donald Trump would not impose sanctions against Ankara.
Mubasher: The Turkish lira surged against the US dollar opposition candidate Ekrem İmamoğlu secured a narrow victory in a rerun of mayoral race in Istanbul.
Mubasher: Pacific Investment Management predicted a close end to an eight-year run of dollar strength, recommending emerging-market currencies as offering some of the best value.
Mubasher: Turkish lira fell by around 1.5% on Thursday after Ankara asserted its willingness to carry ahead with its purchase of Russian missile defence systems.
Facebook prepares to launch its own digital currency by early 2020, enabling the social network users to make digital payments in a dozen of countries.
Brexit talks between the ruling Conservative Party and the opposition Labour Party ended without an inter-party deal, throwing the UK further into disarray, CNN reported.
