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| China: Will it create a new currency crisis? – Nordea Markets "China has just stepped out of the shadow of the "currency crisis" in 2015-16. At that time, devaluation expectations led to actual CNY depreciation, which fed into more devaluation expectations and more actual weakening. It resulted in capital outflows worth billions of dollars. The authorities only ...
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| Iran fixes currency rate in bid to stop rial collapse "There should not be such incidents in an economy that always has a surplus of foreign currency. Some say interference by foreign hands is disrupting the economic climate and some say domestic machinations are spurring these things in order to destabilise the climate in the country," added Jahangiri.
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| Iran's rial at all-time low against the dollar TEHRAN, Iran — Iranians are lining up to try and purchase foreign currencies after the rial hit an all-time low against the U.S. dollar. On Monday the rial was trading at 62,000 to the dollar, an 18 percent drop since Saturday, which was the first working day after the Persian new year, when many people ...
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| Indy Scotland 'should unshackle itself from the pound' AN independent Scotland should unshackle itself from the "volatile" and "vulnerable" pound sterling and have its own currency, think tank Business for Scotland has claimed. In a discussion paper titled Clarity Economics, published ahead of a report by the SNP's Growth Commission, the ...
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| Dollar rebounds vs yen after Xi's speech eases trade jitters It struggled to make much headway versus the euro as the single currency held on to Monday's rises above $1.23. The euro slipped slightly to $1.2315. The common currency was lifted after European Central Bank President Mario Draghi said on Monday that the slide in stock markets this year had not ...
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