Google Alert - Currency

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Currency
As-it-happens update January 4, 2018
NEWS
LUANDA (Reuters) - Angola plans to abandon the kwanza currency peg against the U.S dollar, central bank governor José de Massano Junior said on Wednesday. U.S. Dollar banknotes are seen in a box at the Money Service Austria company's headquarters in Vienna, Austria, November 16, 2017.
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The State Bank of Pakistan has formally allowed the use of Chinese currency Yuan for the bilateral trade after both countries agreed the move could take away the burden of relying on U.S. dollars, according to a Pakistani state minister on Thursday. The decision came soon after U.S. President Donald ...
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The reserve decline in 2017 was due to the central bank's decision to reduce the local bank's foreign currency-denominated required reserves and the payments Romania made on its loans from the European Commission and World Bank. The central bank may have also sold euro to prevent a steeper ...
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