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| UPDATE 2-Egypt inflation falls to lowest levels since currency float - c.bank The Egyptian pound lost half of its value and prices shot up after Egypt floated the currency in November 2016 to secure a $12 billion International Monetary Fund (IMF) deal to revive its economy. Annual urban consumer price inflation eased to 17.1 percent in January from 21.9 percent in December ...
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| EUR: The "reserve currency curse" - Natixis Patrick Artus, Research Analyst at Natixis, explains that they begin with the "Triffin paradox" described by Robert Triffin in 1960: the United States issues a reserve currency, which forces it to have an external deficit and external debt, since it must be able to supply assets in dollars for investors in the rest ...
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| Dutch go big on crypto currencies but volatility hits profits At least 580,000 Dutch people have invested in crypto currencies such as bitcoin and Ethereum, but most put their money in just last year, according to a report by research group Kantar TNS. Consumers have been tempted by the enormous rise in value and three-quarters of investors bought into the ...
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| Forbes Releases Crypto Currency Rich List For the first-time, Forbes, popular for its "list of billionaires", has published a list of people who have made millions by investing in crypto currencies. According to Forbes editor Randall Lane, the list was published to make people understand that crypto currency is also a legitimate asset class and is not ...
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| Making currency exchange cheaper and bank transfers easier Ibani.com is a new online service offering currency exchange and international bank transfers with rates clearly lower to those of banks. Based on a dynamic creation of IBAN numbers, the service aims at simplifying the life of cross-border workers and Swiss businesses by sparing them important bank ...
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| EUR: The "reserve currency curse" – Natixis Patrick Artus, Research Analyst at Natixis, explains that they begin with the "Triffin paradox" described by Robert Triffin in 1960: the United States issues a reserve currency, which forces it to have an external deficit and external debt, since it must be able to supply assets in dollars for investors in the rest ...
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