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| Dollar on defensive at start of 2018; Asian currencies shine With the dollar on the defensive, emerging Asian currencies clawed higher. The Chinese yuan rose to as high as 6.4922 yuan per dollar, its highest level since Sept. 8. "Highlighting today's moves is the euro trading above $1.20 and the Chinese yuan dropping below 6.5," said Satoshi Okagawa, senior ...
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| Egypt says 'Bitcoin' currency is prohibited by Islam Egypt's Dar Al Iftaa yesterday issued a Fatwa (Islamic ruling) that deems the Bitcoin virtual currency as forbidden by Islam. "Bitcoin could be harmful to the country's social and economic security," Dar Al Iftaa said, stressing that the currency could break through the national security and central financial ...
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| New rules approved for currency exchange in Azerbaijan The Financial Market Supervisory Authority (FIMSA) of Azerbaijan has approved a new procedure for currency exchange operations. Under the new order, which has already entered into force, the exchange offices are not allowed to provide other services rather than currency exchange services.
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| Uzbekistan sees rise in volume of stock exchange currency transactions The average volume of transactions on the currency exchange of Uzbekistan increased during the first nine months of 2017, the Central Bank of Uzbekistan said. In general, in September-November 2017, the average volume of transactions on the foreign exchange market increased almost 1.5 times, ...
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| Banglalink raises rare local-currency syndicated loan Banglalink raises rare local-currency syndicated loan. 02 January 2018 By Prakash Chakravarti. This content is only available to IFRAsia.com subscribers. This content is available to IFRAsia.com subscribers. Please login if you have a subscription. Alternatively, you can request a trial , or contact your ...
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