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 that they can be traded among nations in foreign exchange markets.
Alongside classical forms of money, the rise of the Internet has also produced a rise in digital or virtual currencies with all their pros and cons. This page presents the latest DW content related to money and currencies.
Venezuela is thought to have the highest inflation rate in the world. As the value of the country's currency, the bolivar, continues to plummet, some tech companies have been carving out a niche for themselves by offering mobile payment options.
Singapore has become a worldwide financial centre, and is proud of being a major player. But Asian financial experts are not warming up to the new trend of investing in Bitcoin. The island state's highest fiscal authority has just warned investors. But not everyone is listening