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South Korea mulls virtual currency exchange shutdown South Korea is considering shutting down all local virtual currency exchanges, the country's finance regulator chief said Thursday. Answering MP questions from the country's National Assembly in a national policy committee meeting, Choi Jong-ku, head of the Financial Services Commission (FSC), said ...
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Saudi Arabia Deposits $2 Billion in Yemen Central Bank to Back Currency RIYADH — Saudi Arabia's King Salman ordered a deposit of $2 billion (1.45 billion pounds) to be paid into Yemen's central bank on Wednesday to shore up the weak Yemeni currency, the Saudi government said. The move was made a day after the Yemeni prime minister issued a public plea for funds ...
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2017 marked a turning point for capital flows, China currency regulator says China's cross-border capital flows reached a turning point last year as they became basically balanced compared to previous net outflows, the foreign exchange regulator said on Thursday. Cross-border capital flows will remain largely steady in 2018 as the impact from the U.S. Federal Reserve's policy ...
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