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| Argentina central bank revives peso currency with mega rate hike The moves followed a week of dramatic weakening in the peso ARS=RASL, which sank 7.83 percent just on Thursday to 23 per U.S. dollar. After the announcements on Friday morning, the currency strengthened to 21.95 to the greenback. The bank said in a statement it would keep using all tools at its ...
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| Zimbabwe: Leveraging On Tobacco for Currency Stability It is quite concerning that, given the abundance of natural resources commanded to her care by God, Zimbabwe continues to face currency instability. With the recent opening of the tobacco selling season, one is naturally tempted to reflect on whether the country is maximising value from the yellow leaf ...
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| India's cryptocurrency investors bet trading will survive bank ban India's government has taken a tough stance against the use of virtual currencies, fearing they could be used to finance illegal activities. The country's finance minister said in February that they should be banned as a payment system. But many investors hope the government will soften the central bank's ...
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