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Euro holds in negative territory as Mario Draghi calls for monitoring of currency volatility The euro held its modest losses against the U.S. dollar on Monday, as European Central Bank chief Mario Draghi discussed the shared currency's recent strength. Draghi said "new headwinds have arisen from the recent volatility in the exchange rate, whose implications for the medium-term outlook for ...
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Five Largest US Credit Card Issuers Ban Digital Currency Spending In a world where purchasing digital currencies is now easier than ever, there are now fewer options. The popularity of the digital currency industry met increasing backlash over the last few weeks, with across-the-board value dips and fear rampant within the market. Now, credit card issuers have started ...
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Kazakh National Bank seeking ways to regulate crypto-currency market The National Bank of Kazakhstan is studying the ways of regulating the crypto-currency market, said the Deputy Chairman of the National Bank Oleg Smolyakov during the presentation of a government bill on currency regulation and currency control, Kazakh media reported. "Presently, we are studying ...
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Egypt foreign currency inflows up by $1.5 billion to $5.6 billion in January: Central bank The foreign currency inflows resulted in an increase in net foreign reserves to $38.2 billion by end of January, up from $37.02 billion in December and the biggest increase since July 2017, the CBE announced. Egypt has also paid back $290 million of a $350 million installment to the Paris Club in ...
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Bitcoin, Ethereum, Ripple price plunge: China cryptocurrency clampdown intensifies 'ICOs and virtual currency trading did not completely withdraw from China following the official ban … after the closure of the domestic virtual currency exchanges, many people turned to overseas platforms to continue participating in virtual currency transactions,' the article continued, according to a ...
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Emerging Market Local Currency Review 4th Quarter 2017 The most widely followed emerging market ("EM") local currency benchmark, the JP Morgan GBI-EM Global Diversified Index (the "Index") returned 0.82% for the 4th quarter of 2017 bringing the 2017 return to. 15.21%. The yield on the Index rose 15 basis points (bps) to end the quarter at 6.14% while ...
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