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Currency stability seen as key task China's foreign exchange regulator will likely focus on keeping the country's currency stable this year while allowing greater flexibility in the exchange rate, economists said on Monday, with some believing there may still be potential for the yuan's further appreciation against the U.S. dollar. Yuan bulls ...
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Local merchants start to use bitcoin digital currency Lewis Hotchkiss, owner of VRocks Vape Shop, puts up a flag advertising his business's acceptance of Bitcoin digital currency. ... Dave Schmidt, operations manager of the heating and air conditioning business Frederick Air, said his shop now accepts the digital currency as a way to reduce costs for ...
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Hidden drawback: How buying Bitcoin is affecting the environment It was created in 2009 as a new way of paying for things that would not be subject to central banks that are capable of devaluing currency. The sustainability concerns about bitcoin, voiced by economists and environmentalists, stem from the process of "mining" that is central to its existence. The "miners" ...
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Bank of England looks at its own digital currency The Bank of England has raised the possibility of setting up its own digital currency, but warned there are significant hurdles to overcome to avoid the problems experienced when trading existing cryptocurrencies. Speaking to a UK parliamentary committee just before Christmas, the bank's governor ...
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Indian rupee in 2018: Jamal Mecklai says currency to be valued in 61.5-70 range to US dollar There will be higher rupee volatility than what prevailed in 2017—it will be valued within the range of 61.5-70 to the dollar. By: Jamal Mecklai | Published: January 2, 2018 6:09 AM. 0. Shares. Share. rupee, indian rupee, indian rupee in 2018, rupee in 2018, jamal mecklai The rupee experienced its most ...
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