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Dollar heads for modest gain in rangebound Friday trading The U.S. dollar edged up against some major rivals Friday, helping to notch a weekly rise for the greenback. What are currencies doing? The ICE U.S. Dollar Index DXY, +0.19% tacked on 0.2% at 89.882, after reaching an intraday high of 90.06, according to FactSet. A gain Friday marks its third in four ...
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Iran, Russia Consider Developing Own Cryptocurrencies Russia and Iran have expressed interest in developing their own digital currencies to help combat U.S.-imposed sanctions, following this week's successful launch of Venezuela's first cryptocurrency, the Petro. Mohammad-Javad Azari Jahromi, head of Iran's Ministry of Information and Communications ...
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Kazakhstan to open first crypto-currency bourse The Association of Digital Technologies and Cryptography DIGITAL NETWORK will participate in the opening of the first Kazakh crypto-currency bourse and the first legal crypto-exchanger in 2018, Kazakh media outlets reported citing the association's president, Olzhas Murtazin. Murtazin said the ...
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Turkey Is Looking For A National Virtual Currency Launch Turkey's Nationalist Movement Party deputy chair and former industry minister, Ahmet Kenan Tanrikulu, has reportedly involved in drafting a proposal that would support national digital currency, coindesk.com reported. This would be known as "Turcoin". Significantly, the move comes amidst different ...
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US Dollar Edges Higher Amid Inflation Pressures The U.S. dollar edged higher Friday as recent increases in inflation expectations helped support the currency. The Wall Street Journal Dollar Index, which measures the currency against a basket of 16 others, rose for the fifth time in the past six sessions, gaining less than 0.1% to 83.62. The currency ...
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