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210 posts

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Currencies

Currencies

Naira plummets to record low against US dollar in both markets

By Press Room
October 19, 2023
1 Mins read
Currencies

China activates $6.5 billion swap line with Argentina

By Press Room
October 19, 2023
1 Mins read
BUENOS AIRES (Reuters) -Argentina’s central bank said on Wednesday that China has cleared a currency swap line totaling a freely accessible $6.5…
Currencies

ECB in Two-Year Preparation for Potential Digital Euro Launch

By Press Room
October 19, 2023
1 Mins read
The European Central Bank (ECB) has embarked on a two-year preparation phase for its potential digital euro project. The focus of this…
Currencies

Naira depreciates further, residents stockpile dollars amid currency market turmoil

By Press Room
October 19, 2023
1 Mins read
In a significant development, Nigeria’s currency, the naira, depreciated by nearly 5% against the US dollar in the parallel market. This depreciation…
Currencies

Digital Euro Project Faces Privacy Concerns, ECB and Edpb Seek Clarity

By Press Room
October 19, 2023
1 Mins read
The European Central Bank (ECB) is making strides towards a digital euro, but the initiative is encountering delays due to privacy concerns…
Currencies

Dollar gains as Fed, Middle East in focus

By Press Room
October 19, 2023
2 Mins read
By Karen Brettell NEW YORK (Reuters) – The dollar rose against the euro and yen on Wednesday as benchmark 10-year Treasury yields…
Currencies

US dollar undervalued despite high yields, says Credit Agricole

By Press Room
October 19, 2023
1 Mins read
Credit Agricole (OTC:) highlighted an unusual divergence in the financial markets on Wednesday. Despite US 2-year rates and 10-year yields hitting their…
Currencies

Rouble steadies, locking in gains made after Putin ordered capital controls

By Press Room
October 18, 2023
1 Mins read
MOSCOW (Reuters) – The Russian rouble steadied near 97.5 to the dollar on Friday, locking in the hefty gains made in the…
Currencies

Japan tells G20 it may need to act in FX market

By Press Room
October 18, 2023
2 Mins read
By Leika Kihara MARRAKECH, Morocco (Reuters) – Japanese Finance Minister Shunichi Suzuki said on Friday he told his G20 counterparts that Tokyo…
Currencies

Dollar up after inflation data boost

By Press Room
October 18, 2023
2 Mins read
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar touched a one-week high against a basket of currencies on Friday, extending…
Currencies

IMF sees recent yen falls as reflecting fundamentals

By Press Room
October 18, 2023
2 Mins read
By Leika Kihara MARRAKECH, Morocco (Reuters) -The yen’s recent declines are driven by fundamentals and do not meet any of the considerations…
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