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Why Argentina Struggles to Become a 'Normal Country' Central banks know they face serious policy challenges when they announce a surprise interest rate hike (in Argentina's case, 300 basis points on May 3) only to see the currency depreciate rather than appreciate as economic textbooks and logic would suggest. That is what happened in Argentina last ...
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$2.5b currency swap deal to ease forex liquidity pressure The $2.5 billion (Renminbi 16 billion) Central Bank of Nigeria (CBN) and Peoples Bank of China (PBoC) swap is expected to reduce currency transaction cost for importers and ease foreign exchange (forex) liquidity pressure in Nigeria, The Nation has learnt. Nigeria's ability to support, particularly in ... Nigeria's currency swap to ease transaction cost for importers - Financial Watch Newspaper (press release) (blog)
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Crypto Price Watch: Stellar Lumens, Cardano, NEO, EOS and IOTA on Shaky Ground Over Past 24 ... Per Tech News Leader, the currency has had difficulty while trying to push its price forward. Things appeared to change by the mid-week point, however, after Mobile Currency used the Stellar Consensus Protocol to raise over $30 million in seed funds, garnering newfound investor attention for XLM.
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