Google Alert - Currency

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Currency
As-it-happens update January 10, 2018
NEWS
KHARTOUM, Jan 10 (Reuters) - Rising prices which have triggered unrest in Sudan are being driven by a black market for foreign currency and not by this month's currency devaluation, the state minister for finance said on Wednesday. Street protests have broken out in recent days after bread prices ...
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From bitcoin's skyrocketing valuations to the harsh, high-profile dismissals of the cryptocurrency to the introduction of bitcoin futures to heightened demands for federal oversight of digital currencies, the news just hasn't stopped. But things are about to get even wilder: Signs are pointing to the Federal ...
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After Egypt devalued its currency in November 2016, the rate of inflation rose as high as 35 per cent. The impact of the devaluation was compounded by a reduction in energy subsidies, together with a looser monetary policy, which were required for the country to tap a $12 billion loan from the IMF.
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Initially, there was a token supply of one billion coins with this currency. There is also an eight percent inflation rate worked into the calculation based on the PoSprogram. This currency is still in a development phase, but the user base is growing considerably with around twelve million current users.
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MANILA – The Securities and Exchange Commission (SEC) has cautioned the public about the risks of investing in virtual currency. In an advisory, the SEC Enforcement and Investor Protection Department advised people to take precautions in dealing with initial coin offerings (ICO) entities.
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