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Rand Leads Currency Declines as Downgrades Ripple Across Markets (Bloomberg) -- South Africa's rand led declines in major currencies against the dollar on Monday as credit rating downgrades continued to ripple ...
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China Steps Up Bid to Launch a Central Bank-backed Digital Currency The People's Bank of China (PBoC) is currently drafting laws for the circulation of the proposed digital currency. Covid-19 Pandemic Could Catalyze the ...
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Central Banks and Digital Currency Digital currencies issued by central banks can bring a number of benefits. First, a more efficient payments system. In some countries, the cost of ...
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Rupee capable of quick rebound However, it has made up for the losses and on Friday, the currency settled at 74.85 to the dollar because of the stimulus measures announced by the ...
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