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| S.Korea cenbank chief says will only respond to currency if won moves significantly SEOUL, Jan 4 (Reuters) - South Korea's central bank chief said on Thursday the bank will leave currency moves to market forces, but would respond if moves in the won get too big. "The stance on currency has not changed - we will respect that the market moves on supply and demand but the finance ...
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| Pakistan cozies up to China on trade after Trump tweet Pakistan's central bank said it has officially adopted China's yuan as a currency for trade between the two countries, which are neighbors and allies. That means companies in China and Pakistan can now trade directly in yuan instead of having to use currencies such as the U.S. dollar. The decision was ...
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| The Power Cultural Currency—Amsterdam News 2017 Man Of The Year Talib Kweli His love and use off "cultural currency" is instilled in him, he told the Amsterdam News. "I come from a Black, nationalist cultural background," he said. "We always celebrated Kwanzaa, there were books on African history, African art. We were made aware of Black heroes and people of color—Black and ...
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Bitcoin got a big boost in 2017. Here are 5 other cryptocurrencies to watch in 2018. Mainstream investors spent much of last year trying to figure out how to jump in on bitcoin, the digital currency for which prices ballooned to as high as $19,000 in recent months. But even as people hope to make a quick buck by trading on the cryptocurrency's shifting value, experts in the field have long ...
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| Bitcoin no longer top crypto currency Even as government reiterates its stand that Bitcoin will not be accepted as legal tender, the price of Bitcoin zoomed on international exchanges on Wednesday. The prices went up on reports of huge institutional buying. The surge in Bitcoin prices which helped it retrace US$15,000 again followed media ...
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| Thailand, India risk being added to US currency watchlist Thailand and India may have to give freer rein to the baht and rupee this year to avoid triggering US accusations that they're manipulating their currencies to support exports. The Reserve Bank of India (RBI) has already exceeded a key threshold on how much it can intervene to curb the rupee's gains ...
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| Pakistani central bank allows Chinese currency for bilateral trade The central bank of Pakistan gave its green signal to use the Chinese yuan (CNY) for bilateral trade and investment activities, ensuring that imports, exports and financing transactions can be denominated in the Chinese currency. In a press release late Tuesday, the State Bank of Pakistan (SBP) stated ...
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