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Fitch expects Pakistani rupee to weaken further in 2022 | Reuters "Our expectation for the currency to weaken further is based on Pakistan's worsening terms of trade, tighter U.S. monetary policy, alongside the flow of ...
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Myanmar currency drops 60pc in four weeks, economy tanks | The Daily Star Myanmar's currency has lost more than 60% of its value since the beginning of September in a collapse that has driven up food and fuel prices in an economy ...
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UPDATE 1-U.S. dollar share of global FX reserves steady at 59.2% in Q2 -IMF data - Yahoo Finance Central banks sometimes use reserves to help support their respective currencies. "The reserve currency (dollar) is arguably the only defensive hedge left ...
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Myanmar military takes responsibility for economic crisis | Reuters Speaking after the kyat currency hit new lows this week, the ruling military council's spokesman Zaw Min Tun said the central bank had been unable to meet ...
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Dollar near one-year high as Fed tightening in focus | Reuters The dollar index - which measures the currency against a basket of six rivals - stood at 94.336, little changed from Wednesday, when it hit 94.435 for the ...
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Central Banks See Risks in Government-Backed Digital Currencies - SWI swissinfo.ch (Bloomberg) --. Digital currencies backed by central banks might become a preferred safe haven during a future financial crisis, potentially aggravating ...
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Rupee slumps to new historic low of 170.66 - Geo.tv KARACHI: Pakistani currency plunged to a fresh low of Rs170.66 against the US dollar in the inter-bank market on Thursday amid a strong demand as growing ...
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