#Scott Bessent
Explore articles, categories and content types about Scott Bessent.
Related Articles
Curated entries containing this keyword across available languages.
UAE and Egyptian central banks decide on joint cooperation for Banque Misr branches
Following the US decision to ban dollar transactions for Banque Misr's UAE branches due to its relations with Iran, the central banks of the UAE and Egypt have decided to coordinate to ensure the continuation of operations.
News
Economy
As midterm elections approach, the Trump administration's economic test grows heavier in the US
Ahead of the upcoming midterm elections in the US, the Trump administration's economic policies continue to face serious pressure due to inflation, tariffs, high energy costs, and a public debt exceeding 40 trillion dollars.
Politics
News
Economy
US Treasury Department issues statement on financing regarding Japanese yen intervention
US Treasury Secretary Scott Bessent announced that the Exchange Stabilization Fund was used in Japan's yen intervention and that no credit was extended to Japan. Japan carried out a record intervention of 15.4 trillion yen between July 30 and August 26.
News
Economy
US Treasury Secretary Bessent Warns of Disorderly Movements in Yen Markets
US Treasury Secretary Scott Bessent stated that disorderly movements in the Japanese yen markets could lead to global instability and increase borrowing costs in the US. Bessent emphasized that no loans were provided to Japan and that the Exchange Stabilization Fund is used only for currency swaps.
News
Economy
Iranian Parliament Speaker Kalibaf Warns of Economic War: Dollar Exceeds 200,000 Tomans
Following the US's new sanctions package, the Iranian toman hit a historic low, with 1 dollar exceeding 200,000 tomans. Iranian Parliament Speaker Mohammad Bagher Kalibaf described the ongoing situation as a comprehensive economic war.
News
Economy