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Europe Fines 5 Banks $1.2 Billion for Their Roles in Foreign Exchange Cartels Individual traders from each of the five banks traded large amounts of currencies including the euro, the pound, the yen and the United States dollar for ...
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Emerging market currencies suffer worst week since 2018 lira crisis MSCI's broad index of emerging market currencies has fallen 0.9 per cent since Friday, its biggest weekly fall since August last year when Turkey's ...
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Pakistan's Currency Plunges to All-time Low Days After IMF Bailout Deal Islamabad: Pakistan's currency has reached a new all-time low against the dollar after the government last week reached a preliminary agreement ...
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HKMA, BoT enter fintech collaboration, hint at joint central bank digital currency project The central banking authorities of Hong Kong and Thailand are teaming up to promote financial innovation and undertake joint research projects, ...
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Digital Renminbi: A Fiat Coin to Make M0 Great Again The digitization of currency, which stems from the advent of electronic payment/clearance and mature interbank IT systems, allows commercial banks ...
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US Dollar Firm While Yuan Slides The US dollar is still the primary global reserve currency despite the efforts of some countries to promote other currencies. The US dollar is holding up ...
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