Tag: foreign exchange
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Currency investing is making a comeback
[ad_1] These days, when investors talk about investing in currencies, they often think of crypto. But the hype around digital assets has drawn attention away from ... -
How Sanction-Proof Is Russia’s Economy?
[ad_1] Russia–Ukraine War Russia–Ukraine War By Christopher Miller·March 17, 2022 Fletcher School, Tufts University The problem: The United States and the European Union responded to Russia’s ... -
Russia can’t use nearly half of its R9.6 trillion war chest due to Western sanctions
[ad_1] The ruble plunged after the West imposed sweeping sanctions on Russia. Sergei KarpukhinTASS via Getty Images. Russia’s finance minister has admitted that almost half of ... -
China set to let Russian currency fall faster
[ad_1] BEIJING (AP) — China is easing government exchange rate controls to allow the Russian ruble to fall faster against the Chinese yuan to help shield ... -
Russia sanctions extend further to banking and hospitality sectors as US warns more to come
[ad_1] Sanctions against Russia extended further to banking and hospitality on Thursday as US Treasury Secretary Janet Yellen warned of new financial sanctions against Moscow for ... -
Difficulties with the Ukrainian exchange in Latvia / Article
[ad_1] One of the areas strongly affected by the war is the national currency of the countries concerned. “Local residents and global financial markets are less ... -
UAH/RUB: Ukrainian hryvnia records 3 consecutive days of gains
[ad_1] Ukrainian hryvnia outperforms Russian ruble The ruble plunges in the tightening of sanctions Russian banks banned from SWIFT Russia’s economic data under the eyes On ... -
Russian currency plummets as sanctions are imposed
[ad_1] Western sanctions left the rouble, Russia’s currency, tumbling to a record low. The news: The ruble fell around 30% against the US dollar after the ... -
How Western sanctions could weigh on the Russian economy – POLITICO
[ad_1] The Russian economy is expected to feel the scorch from Western sanctions, which will prevent Russia’s biggest banks and companies from accessing the US dollar ... -
Ukrainian currency extends losses, down 8% in 2022 – Refinitiv
[ad_1] KYIV, Feb 23 (Reuters) – Ukraine’s hryvnia weakened a further 1% to 29.4 to the dollar on Wednesday, extending a similar loss the day before ... -
US sanctions could send ‘Russian economy into freefall’, CNAS member says
[ad_1] Edward Fishman, associate fellow at the Center for a New American Security, joins Yahoo Finance Live to discuss the power US sanctions would have on ... -
Russian economy can do without the dollar and can be replaced by the euro or the yuan, according to Medvedev
[ad_1] GORKY, January 27. /TASS/. Russian Security Council Deputy Chairman Dmitry Medvedev believes the country can do without dollar payments if necessary, replacing them with euro ... -
Nigerian currency is trading flat against the dollar
[ad_1] By Adedapo Adesanya The naira recorded a loss of 37 kobo or 0.09% against the US dollar on the investors and exporters (I&E) segment of ... -
Ukraine to raise rates as jitters from Russia weigh on currency and inflation risks
[ad_1] A general view shows the headquarters of the National Bank of Ukraine in Kiev, Ukraine April 18, 2019. REUTERS/Valentin Ogirenko Join now for FREE unlimited ... -
Erdogan blames Turkish currency problems on ‘foreign financial tools’ as central bank reserves fall
[ad_1] People shopping at the local market in Istanbul, Turkey on December 5, 2021. The depreciation of the Turkish lira has weakened the purchasing power of ... -
Decreasing impact of oil on the Russian economy and the ruble: review by Investing.com
[ad_1] © Reuters. by Yana Shebalina Investing.com – Before the start of 2014, and the introduction of the first powerful sanctions against Russia due to the ... -
Russia continues to stockpile gold and foreign currency
[ad_1] The country holds the fifth largest foreign exchange reserves Russian currency holdings rose 0.7% in the week ending Dec. 24, reaching $ 630.5 billion, according ... -
Iraqi foreign exchange reserves increase due to currency devaluation and oil prices
[ad_1] Iraq’s foreign exchange reserves have risen from $48 billion to $64 billion since Iraq devalued its currency nearly a year ago, Iraqi Central Bank Governor ... -
Iraq’s foreign reserves rise due to currency devaluation and oil prices – central bank governor
[ad_1] Iraqi Central Bank Governor Mustafa Ghalib speaks during an interview with Reuters in Baghdad, Iraq, December 14, 2021. REUTERS / John Davison Register now for ... -
Iranian president slammed for blaming currency drop on manipulators
[ad_1] Iran’s president blamed saboteurs after the rial fell to 300,000 to the dollar on Saturday, with European and American officials expressing pessimism over the nuclear ... -
Nigerian currency loses 0.02% against the dollar
[ad_1] By Adedapo Adesanya It was a stalemate between the naira and the US dollar in the Investor and Exporter (I&E) segment of the forex (forex) ... -
No U.S. and China Currency Handler Tags Under Watch
[ad_1] WASHINGTON: The Biden administration will not name any country as currency manipulator, but it has named China, Vietnam and Taiwan among nations that have broken ... -
Turkey appoints new finance minister amid falling currency
[ad_1] ANKARA: In a decision taken on the night of December 2, Turkish President Recep Tayyip Erdogan appointed Nureddin Nebati as the country’s new treasury and ... -
Factbox: Yellen’s Watchlist for U.S. Currency Manipulator Tag
[ad_1] U.S. Treasury Secretary Janet Yellen, former chairwoman of the Federal Reserve, holds a news conference in Washington, U.S. December 13, 2017. REUTERS/Jonathan Ernst/File Photo Join ... -
Analysis: the rise of the dollar arouses volatility in the foreign exchange markets
[ad_1] A US dollar banknote is seen in this illustration taken November 23, 2021. REUTERS / Murad Sezer / Illustration Register now for FREE and unlimited ... -
Analysis-Soaring dollar arouses volatility in currency markets | The powerful 790 KFGO
[ad_1] By Saqib Iqbal Ahmed and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Volatility rises in currency markets, as bets on how aggressively central banks will tighten ... -
Yemen tackles currency woes, but IMF reserves remain untapped
[ad_1] Bundles of Yemeni rial banknotes are pictured at the Central Bank of Yemen in Aden, Yemen on December 13, 2018. REUTERS / Fawaz Salman / ... -
Taliban Ban Use of Foreign Currency Across Afghanistan | New
[ad_1] The Taliban say those who continue to trade using foreign currency will face legal action. The Taliban have announced a total ban on the use ... -
Russians source foreign currency, prefer US dollar to euro
[ad_1] Russian currency exchange transactions in September rose 30% on an annual basis, according to analysts at Russian Standard Bank. The study looked at transaction amounts, ... -
Burma faces currency decline and dollar tightening as economy worsens | Business and Economy News
[ad_1] Myanmar grapples with a plummeting local currency amid an unprecedented dollar shortage, raising the cost of imports and exacerbating the economy’s struggle with the twin ... -
Active participation of the Moscow Stock Exchange in the Uzbek financial market to create liquidity in foreign currency
[ad_1] BAKOU, Azerbaijan, October 9 By Fakhri Vakilov – Trend: The growing activity of the Moscow Stock Exchange in the financial market of Uzbekistan will create ... -
Zimbabwe: currency manipulators on the prowl
[ad_1] Daniel Nemukuyu – Survey Editor CURRENCY manipulation by companies fixing their prices in Zimbabwean dollars at black market exchange rates has reached levels where some ... -
Myanmar’s central bank sees currency stabilize thanks to new measures
[ad_1] Reuters Fri Oct 8, 2021 12:00 AM Workers count Myanmar kyat banknotes at a local bank office in Yangon. Photo: Reuters / File “> Workers ... -
Myanmar’s central bank sees currency stabilize thanks to new measures
[ad_1] Workers count Myanmar kyat banknotes at a local bank office in Yangon, April 2, 2012. REUTERS / Soe Zeya Tun / Register now for FREE ... -
Zimbabwe c.bank revises up its year-end inflation forecast as currency weakens
[ad_1] HARARE, Oct. 4 (Reuters) – Zimbabwe’s annual inflation rate could end the year between 35% and 53%, down from an earlier estimate of 25% to ... -
Payments of funds in Afghanistan limited to local currency – Sources | World news
[ad_1] LONDON (Reuters) – The Afghan central bank has ordered banks to pay remittances in local currency only, the latest move to preserve scarce U.S. dollars, ... -
Iranian currency drops to new low for the year against the US dollar
[ad_1] Amid Iran’s lingering economic crisis and delayed nuclear negotiations with world powers, the US dollar hit 275,000 rials on the Tehran foreign exchange market on ... -
Biden freezes Afghan currency reserves to cut Taliban money
[ad_1] The Biden administration has frozen billions of dollars in Afghan foreign exchange reserves and other assets held in U.S. bank accounts following the Taliban’s takeover ... -
Virtual Currency Legal Report – Week of July 19 – Technology
[ad_1] Weekly Fintech Focus Members of Congress reintroduce bill to define digital assets President’s Financial Markets Task Force Meets To Discuss Stablecoins President Gensler Notes SEC ... -
Virtual Currency Legal Report – July 2021 # 2 | Perkins Coie
[ad_1] Weekly Fintech Focus Members of Congress reintroduce bill to define digital assets President’s Financial Markets Task Force Meets To Discuss Stablecoins President Gensler Notes SEC ... -
Iranian currency drops after presidential vote and no deal with US
[ad_1] The Iranian rial has hit new lows since the election of Ebrahim Raisi, a hard-line president, in a controversial vote that prevented his main rivals ... -
Russia does not want to abandon the dollar as a reserve currency or a means of payment – Putin – Business & Economics
[ad_1] ST. PETERSBURG, June 5. / TASS /. Russia does not intend to completely abandon the dollar as a reserve currency or as a universal means ... -
Digital euro could boost international use of single currency, ECB says
[ad_1] Workers hold up the huge euro logo outside the headquarters of the European Central Bank (ECB) in Frankfurt, December 6, 2011. REUTERS / Ralph Orlowski ... -
Hryvnia holiday – Ukrainian exchange rate outlook this summer – UNIAN
[ad_1] The Ukrainian currency recently showed an uptrend after slipping in April amid Russia’s military escalation. So, should Ukrainians be worried about the hryvnia exchange rate ... -
Reforming the Russian Economy: The COVID-19 Crisis and Beyond
[ad_1] The impact of the recession on Russia at this particular moment in geopolitical history will impact its foreign policy trajectory in very specific ways. As ... -
Russian economy breaks free from oil curse
[ad_1] By Leonid BershidskySigns are mounting that Russia’s economy will not die a painful death, but is just getting some powerful, long-awaited medicine. The country recorded ... -
Russian currency reserves are running out
[ad_1] Vladimir Putin in 2011. Maxim Shipenkov / Reuters Russia’s foreign exchange reserves fell an additional $ 6.4 billion last week as the central bank and ... -
What will be the consequences of the Russian currency crisis? – European Council on Foreign Relations
[ad_1] The collapse of the ruble at the end of 2014 was obviously triggered by the fall in the price of oil. However, the Russian currency ... -
Russian economy in crisis: Apple now stops all sales in the country because it cannot fix prices when the ruble is so volatile
[ad_1] Tech giant Apple has halted sales of iPhones, iPads and other products in Russia, saying the country’s currency is too volatile to set prices. The ...
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