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| China's Foreign Reserves Extend Rising Streak Amid Capital Curbs The world's largest foreign currency stockpile has been steadily rebounding since January, when it fell below $3 trillion for the first time in almost six years after the central bank propped up the yuan. The currency has come roaring back with authorities keeping a tight grip on money flowing out of the ...
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Venezuela to Bring 100M Cryptocurrency Units to the Market The president hopes Petros will allow Venezuela to "advance in issues of monetary sovereignty, to make financial transactions and overcome the financial blockade" implemented by the US and its junior partners. The strict currency controls have forced people onto the black market, on which a dollar ...
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| Donald Trump is probably to blame for a weak dollar It was the second worst performer among major currencies after the New Zealand dollar, and its drop was the steepest in more than a decade despite three interest rate hikes and the passage of Trump's tax reform, which could logically be expected to drive the dollar's value upward. This happened for a ...
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