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Angola's depleting FX reserves led to currency easing: central bank The central bank said in a statement on Thursday its decision to ease currency controls came after it had analysed the "macroeconomic fundamentals of the Angolan economy, and particularly the decreasing trend of international reserves". Angola, Africa's second biggest oil exporter, has maintained a ...
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BNR's foreign currency reserves up 1.3 pct in December, to EUR 33.49 bln The foreign currency reserves of Romania's National Bank (BNR) were at EUR 33.49 billion on December 31, 2017, which meant a 1.3 percent increase from November, but also a 2.1 percent decrease compared to December 2016. On November 30, 2017, BNR's foreign exchange reserves were at ...
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Everything You Need to Know About Cryptocurrency And Why It's The Future Of Money Although bitcoin was created to avoid centralized banking and government money, the technology can be used as a national, centrally banked currency. In fact, the blockchain is so secure that it reduces the cost of verifying transactions, so banks are already looking into it, says David Yermack, chairman ...
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