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Devaluing currency not imminent but effective reforms remain distant The currency was originally pegged at 1,500 pounds to the dollar in 1997, a position it has retained since. However, in September, the black-market ...
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Explained Turkey's Incursion in Syria May Leave Its Own Economy Wounded Turkey's currency – which suffered a crisis a year ago due in part to U.S. sanctions and tariffs – hit its weakest level in nearly four months after U.S. ...
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No Obvious Requirement for National Crypto: Head of Central Bank of Russia The Head of Central Bank of Russia, Elvira Nabiullina, doesn't think the country requires a national digital currency of its own, as per the reports of ...
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