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Angola's central bank's new currency plan could see kwanza devaluing by 30% – economist LUANDA, Jan 4 (Reuters) – It was Angola's depleting foreign reserves that prompted the central bank to pursue a more flexible exchange rate strategy, the regulator said on Thursday. The comment came a day after plans were unveiled to restructure foreign debt and allow looser trading of the kwanza.
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Asia currencies to pare 2017 gains but growth to cushion them: Poll "How Asian currencies fare in 2018 depends on the effects of policy normalisation in the major advanced economies on global liquidity and ultimately on portfolio flows to Asia; and a strengthening and broadening in Asian economic growth with export recovery spilling over into domestic demand," wrote ...
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Mark Zuckerberg is 'studying' cryptocurrency, which could help Facebook catch Asian rivals Facebook CEO Mark Zuckerberg expressed his interest in crypto currency and its potential uses in his 2018 mission statement, issued on Thursday. The statement was all about how Zuckerberg is taking on a new personal challenge for 2018: fixing Facebook. (Last year's challenge was visiting all the ...
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Glosfer Develops Nowon Local Currency Based On Blockchain SEOUL, South Korea, Jan. 5, 2018 /PRNewswire/ -- In December, 2017, Korean blockchain-based company Glosfer (Taewon Kim, CEO) entered into the local cryptocurrency market by signing a contract with Nowon-gu Office. Logo of NW Local Currency. Once a blockchain-based system is built, when ...
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USD: Decoupling from data another sign of lost investment currency status - ING Moreover, we note that the dollar has de-coupled from positive US data surprises in recent months– an added sign that it has lost its status as an investment currency, with negative structural factors and political risks playing a greater driving role. The latter two forces are set to persist over 2018 and ...
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This Is What Government Regulators Said On Bitcoins, Digital Currencies Jaitley has even said that cryptocurrency is not legalised as of now, while the RBI has made it clear multiple times that the creation, trading or usage of all virtual currencies, including Bitcoins, as a medium for payment are not authorised by any central bank or monetary authority. A recent crackdown ...
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Poll: What do you think of Bitcoin currency? FILE- In this Friday, Dec. 8, 2017, file photo, a man uses a Bitcoin ATM in Hong Kong. Bitcoin is the world's most popular virtual currency. The latest example of a company trying to tie its fortunes to the cryptocurrency craze came Thursday, Dec. 21, in form of an iced tea maker. (AP Photo/Kin Cheung, File).
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Another tiny digital coin leaps into the top 10 cryptocurrencies Digital currency tron, or TRX, climbed 112 percent Thursday to 20.5 cents, according to CoinMarketCap. That put the digital coin briefly into eighth place by market capitalization. Tron's gains followed a tweet from founder Justin Sun early Thursday that the company "will announce our partnership with a ...
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