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| ECB minutes highlight policymakers' fears over currency wars The extent of European officials' concerns over the weakness of the dollar was laid bare on Thursday in a set of European Central Bank accounts that highlighted fears that the US administration was deliberately trying to engage in currency wars. The accounts of the ECB's January monetary policy vote ...
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| Venezuela will Release Another Virtual Currency The country's history of uncompensated expropriations and the 99 percent depreciation of its fiat currency the bolivar have created doubts about the ruling Socialist Party's capacity to manage digital tokens. Blockchain technology is built on making information about transactions open to the public.
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| VEON Q4 core profit falls nearly 4 pct, hurt by Uzbek currency devaluation AMSTERDAM, Feb 22 (Reuters) - Mobile telecommunications company Veon said on Thursday fourth-quarter core profit fell nearly 4 percent to $753 million, mainly due to the devaluation of the Uzbek som, but a strong cash flow and underlying sales growth boosted its shares. Underlying earnings ...
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| This Volatile Currency Has Most Boring Start to Year Since 1990 The currency is off to the least eventful start to any year since at least 1990, having budged a mere 0.1 percent against the dollar, and the swing between its high and low this year is at its narrowest since 2013. The lira missed out on a rally as the greenback fell and it's been little changed as the U.S. ...
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| Currency: Rupee stable against dollar KARACHI: The rupee remained stable against the dollar at Rs110.3/110.5 in the inter-bank market on Wednesday compared with Tuesday's close of Rs110.3/110.5. In the last couple of months, the rupee has cumulatively shed over 4% of its value after the central bank reportedly abstained from ...
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| MPs run the rule over digital currency to identify risks and opportunities "The distributed ledger technology that supports digital currencies is said to have significant transformative potential, not least within the financial services sector," said Morgan. Blockchain is already being adopted in multiple business and government sectors across the world as companies take ...
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| Make good your commitment to single currency-Akufo-Addo The Fifth Meeting of the Presidential Task Force on ECOWAS Single Currency Programme brought together Heads of States, Governors of Central Banks and the Finance and Foreign Ministers from the ECOWAS sub-region to deliberate on the implementation of the ECOWAS Single Currency ...
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