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No threat yet to US dollar's status as world's reserve currency The claims that China's central bank-backed digital currency will replace the dollar are exaggerated and lack validity. Ever since China started pilot ...
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Friday close price forecasts: 16 currency pairs Friday trading is an alert to traders exactly how prices will trade next week and which currency pairs will serve the best profit potential. A further aspect ...
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Zimbabwe abandons currency peg three months after introduction Zimbabwe's central bank abandoned a currency peg which it had introduced in March and said it would allow the rate to be set by an auction system.
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Polish finance minister says zloty currency currently too weak The market is looking for reasons to buy zloty I guess," said a Warsaw-based currency trader. Koscinski also said Poland plans to issue bonds on the ...
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Sberbank of Russia : markets foreign currency deposit with increased interest rate June 17, 2020, Moscow - Sberbank has marketed 'Double Benefit (in US dollars)', a foreign currency-denominated savings deposit with an increased ...
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Currency auction: Get ready for USD inflation, or shortages This is where the problem arises in light of the requirement to price goods in both currencies. Let us assume a business purchases foreign currency on ...
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