plunge

A sudden fall in the value of Lebanese pound has sparked confusion in the markets, widespread anger on the street and warnings that people “can no longer afford to buy anything.” The exchange rate in the parallel market reached 77,000…
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Reports revealed last week that the prices of some of the most sought-after luxury watches have plunged in second-hand markets due to a collapse in cryptocurrency value. The second-hand watches market, which includes popular brands like…
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The Russian rouble plunged nearly 20% to a new record low versus the dollar on Monday and the euro sank more than 1% after Western nations announced a harsh set of sanctions to punish Russia for its invasion of Ukraine, including blocking…
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Facebook owner and tech giant Meta’s market valuation plunged $200 billion as investors cooled on its prospects in the light of fierce competition and popularity of rivals including video-focused social networking service Tik Tok. The…
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Turkey’s lira plunged 15% to near its all-time low after markets opened following President Tayyip Erdogan’s shock weekend decision to oust a hawkish central bank governor and install a like-minded critic of high interest rates. The…
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A bus carrying dozens of pilgrims plunged down a steep ravine on Indonesia’s Java island, killing at least 27 people including junior high school students, authorities said Thursday. Rescuers worked through the night using cranes to…
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