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Why Morocco Is Loosening Its Grip on Its Currency: QuickTake Q&A Morocco is easing its hold on the dirham. A move to widen the currency's trading band is part of a plan to liberalize the economy and turn the North African nation into a financial hub. Tweaking the dirham's peg has been talked about for years, but the idea was postponed in 2017 after fears of a ...
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International energy developer adopts crypto currency SolarCoin adoption will provide digital tokens to ACWA Power for every MWh of solar energy produced and will provide a supplementary means of payment for goods and services rather than conventional currency. SolarCoin is a blockchain-based digital asset and currency designed to accelerate the ...
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Forex Strength and Comparison Week 3/2018 In the Currency Strength table, the NZD was the strongest currency while the USD was the weakest. There were some significant changes last week with the JPY gaining 5 points while the CAD lost 4 points. On a week to week basis the NZD and AUD showed a very good performance while the USD ...
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Yuan jumps to 2-year high, Bundesbank adds renminbi to its reserves SHANGHAI, Jan 15 (Reuters) - China's yuan leapt to its highest in more than two years against the dollar on Monday, after a Bundesbank board member said the German central bank had decided to include the Chinese currency in its reserves and corporates offloaded their dollar holdings.
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Azerbaijani Central Bank's currency reserves up CBA's currency reserves started to decrease in July 2014. The reduction was at a slower pace (within a range of $20 million to $50 million) at the beginning, but a sharp decline began in December 2014 due to an increase in demand for US dollars in the country. During 2016, the CBA currency reserves ...
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Cryptocurrency rivals snap at Bitcoin's heels "Its value shot up when a newspaper said that around 100 financial institutions were going to adopt their system," said Alexandre Stachtchenko, co-founder of specialist consulting group Blockchain Partners. Using Ripple's technology framework, however, is not the same as adopting the currency itself, ...
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Bitcoin rapper CoinDaddy part of San Francisco's bizarre crypto culture "There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved".
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South Korea is walking back threats to ban cryptocurrency trading 28, the currency lost over $1,000 in value when the South Korean government issued a statement warning "virtual coins cannot play a role as actual currency and could result in high losses due to excessive volatility." The government's latest statement suggests that people and organizations within the ...
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