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'Petroyuan' to propel currency internationalization Some have warned that the growing clout of China's currency in international financial markets could gradually erode the primacy of the US dollar. But at the current stage, nobody knows for sure what impact China's new benchmark will pose to the oil hegemony the dollar has held since the 1970s. China is reportedly taking the first steps to pay for oil in yuan instead of US dollars this year - CNBC
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Angola's currency will continue to depreciate – Economist Intelligence Unit Angola's currency, the kwanza, is expected to continue to depreciate against the main currencies – the euro and the dollar – given the sharp difference between the exchange rate at the auctions organised by the National Bank of Angola and the parallel market, according to the Economist Intelligence ...
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China to crack down on digital currencies The crackdown though has forced many to turn to other countries to continue their digital currency mining. Digital currency exchanges previously based in China have also left for other countries with a more lax regulatory approach to cryptocurrency. Lawmakers and regulators in the U.S. have taken a ...
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Simultaneous handling of food and currency notes or coins is unhealthy, create awareness: FSSAI ... In this direction, it has been advised that food handlers, food sellers and others should dodge handling currency and food simultaneously. In Public Interest, FSSAI further recommended that gloves should be used to handle food and bare hands to handle currency, two should be separated physically ...
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Switzerland is virtual currency hub Switzerland has become a global hub for cryptocurrencies and the blockchain technology they are built on, with investors flocking to the wealthy Alpine nation to get in on the virtual action. The country's largest city, Zurich, set up its first bitcoin ATM four years ago, while the Swiss national rail company ...
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