Local currencies

By Adedapo Adesanya The naira closed down 0.48% or N2 against the dollar on the Investors & Exporters (I&E) segment of the Foreign Exchange (FX) market as investors on Monday, May 9. According to data from the FMDQ…

Amamchukwu Okafor Posted May 8, 2022 Since the COVID-19 pandemic, the Nigerian economy has been struggling and the naira has been under the weight of foreign currencies. The growth rate decreased by -1.8% in 2020, increased by 3.4%…

This Management's Discussion and Analysis of Financial Condition and Results of Operations (MD&A) is intended to help the readers of our consolidated financial statements better understand our results of operations, financial…

The Australian dollar jumped 2.2% on the Fed's decision, the biggest daily gain in more than a decade, as bond market revaluation pushed the greenback down 0.8% from against a basket of major currencies.Up and downBonds were volatile, with…

All eyes are on the Fed as it prepares to announce its policy decision on Wednesday. An increase of 50 basis points in the reference rate is expected. This has already been widely priced into the market and it remains to be seen if this…

Similar to how consumers can earn incentives with their credit cards, such as cashback when they purchase or a sign-up bonus when opening a new account, crypto platforms -currencies such as Crypto.com, Coinbase, and Mushe…

The United Arab Emirates (UAE) has announced the dates for the sale of treasury bills issued in Emirati dirhams. the Ministry of Finance said the first auction will take place on May 9. The auctions will then repeat in June, August,…

SAN FRANCISCO, April 26, 2022 /PRNewswire/ -- Okcoin, the US-licensed fiat-focused global crypto asset exchange, today announced the upcoming listing of the Provenance Blockchain utility token CHOP. Okcoin is the first exchange in the…

Economy Weakening shilling drives up Nairobi highway toll charges ahead of launch Monday, April 25, 2022 Nairobi Expressway along Waiyaki way, Westlands in this photo taken April 16, 2022. PHOTO | JEFF ANGOTE | NMG…

Low-rated frontier markets and oil-importing countries in the Middle East and North Africa (MENA) region are most exposed to a prolonged funding shock amid tighter global financial conditions and monetary policy in because of Russia's war…

MIAMI — Former presidential candidate Andrew Yang says Covid stimulus checks aren't to blame for the recent spike in inflation — and he's still in favor of sending people free money as a way to insulate workers from economic shocks and…

Travelers are increasingly using Bitcoin to pay for various travel services. Discover the advantages of using Bitcoin to travel the world. Travel is one of the critical industries driving crypto adoption. Several travel and travel…

(Bloomberg) - Singapore's central bank has tightened monetary policy settings further and raised its inflation forecast, pushing the currency higher as it seeks to tackle cost pressures threatening the post-pandemic recovery.Bloomberg's…

The Egyptian government is considering obliging local shipping agencies operating in Egyptian ports to accept payment of handling charges for local containers in Egyptian pounds and to stop trading in foreign currencies.This came after the…

Pedestrians walk past a branch of Alfa Bank, Russia's largest private bank, in Moscow…

Stocks headed for a weekly loss on Friday as the prospect of aggressive global rate hikes finally began to rattle investors, while bonds fell and the dollar looked poised for its best week in a month.MSCI's broadest index of Asia-Pacific…

SEOUL, April 5 (Yonhap) -- South Korea's foreign exchange reserves shrank in March as the dollar-converted value of its assets fell and the unloading of dollars aimed at curbing a sharp drop in the local currency, central bank data…

In West Africa, cereal prices have increased due to below-average agricultural production, persistent insecurity in the Sahelian countries, strong export demand, depreciation of local currencies and reduction in cross-border trade. The…

Latin America is proving "a cherished destination for investors in 2022", Anisha Sircar and Rodrigo Campos tell Reuters. Low valuations and soaring commodity prices boosted stocks in the region. The currencies of Brazil, Colombia, Peru…

Chakhawat Hossain | Published: March 27, 2022 9:01:23 p.m. Cross-border payments are not settled in banknotes. Settlement is effected through netting agreements entered into by overseas peer banks where resident banks…

Millions of new investors joined the ranks of their more experienced peers in self-trading last year. Online brokers have had to juggle two distinct customer bases, providing everything from the most basic primers to the most complex…

Blockchain infrastructure platform Coinbase Cloud on Tuesday announced the launch of a suite of developer tools to support the growth of the Avalanche ecosystem – both the smart contract platform and the blockchain.Avalanche developer…

Many Nigerians who depend on banks to meet their foreign currency needs could face tough times very soon as some lenders have introduced more restrictions on end-users' access to dollars through their local currency debit cards.!-->…

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Russia faced a crucial bond payment on Wednesday that could lead the sanctioned country to default for the first time since 1998, and its first major international default since the Bolshevik Revolution a year ago. century.Moscow was to…

Overview The following discussion should be read in conjunction with our consolidated financial statements and notes to those statements and other financial information appearing elsewhere in this Form 10-K. The following discussion…

The social media video of Finance and Civil Service Minister Dr Nigel Clarke and his barber Paul which was filmed at Gordon House last Tuesday was political theatre. The objective: to give elected officials and citizens a…

Putin sees 'some positive changes' in talks with UkraineThe MSCI stock index is expected to fall 4.7% this weekThe ruble strengthens in offshore tradingMar. 11 - Most emerging market currencies rose on Friday after Russian President…

Most Nigerians are cynical about their country. So I hear most people asking if the country's economy hasn't already been destroyed. Well, my message has always been that our nation is what we make it.…

MANILA, Philippines — Philippine dollar reserves rose slightly in February as gold holdings at Bangko Sentral ng Pilipinas rose in value as prices rose. What's new Gross international reserves stood at $107.98 billion at the end of…

MANILA, Philippines — The peso could weaken further to 52 to the dollar as global oil prices continue to rise amid Russia's invasion of Ukraine and steadily rising consumer prices . After weakening further last week, BDO chief market…

Russia on Friday blocked the websites of several international and local media as the government cracked down on coverage of the invasion of Ukraine. State media watchdog Roskomnadzor told the Interfax news agency it had banned the websites…

He said the sanctions against Russia were very effective and disrupted Russia's financial system and crippled its central bank's ability to protect the country's currency, the rouble. Trading volumes between the cryptocurrency Tether…

By Dipo Olowookere The Nigerian Stock Exchange (NGX) ended the last trading session of February 2022 on a high note with marginal growth of 0.14% on Monday. Buying pressure, particularly on Okomu Oil, Ecobank, Zenith Bank,…

With the growing popularity of NFTs (non-fungible tokens), an NFT market company called Neon has installed a one-of-a-kind NFT ATM in New York. The NFT ATM, which looks like a fancy version of a traditional ATM, allows!-->…

This Management's Discussion and Analysis of Financial Condition and Results of Operations section should be read in conjunction with "Financial Statements and Supplementary Data" included in Part II, Item 8 of this 2021 Annual Report and…

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ISLAMABAD: Over the past three and a half years, the local currency has depreciated by around 31% against the US dollar to settle at 175.86 rupees in the interbank market on Friday, February 18. Experts believe that this devaluation…

COLOMBO, Feb 18 (Reuters) - Auto parts dealerships in Colombo, Sri Lanka's main city, are receiving a steady stream of customers looking for what is fast becoming a hot commodity in the island nation - side mirrors for Suzuki's compact R…

BENGALURU: The Philippines' central bank will wait until the end of the year before raising interest rates by a record 2.0% to support an uneven economic recovery from the COVID-19 pandemic, according to a Reuters poll .As inflation remains…

KARACH: Accelerating international geopolitical tensions over the Ukraine crisis pushed the international price of Brent oil up 5% on Friday to its highest level in seven and a half years at $95 a barrel. If Russia invades Ukraine,…

RAND ANALYSISFed under pressure to fight inflation.Load shedding interruptions. Political instability reaffirmed by the report on the July riots.Weakness of raw materials linked to the rand. BASIC CONTEXT OF THE ZARCARRY'S TRADEthe South…

TEHRAN – The Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) on Saturday held a virtual Iran-India business conference titled “Developing Iran-India Trade Relations: Trade and Investment Opportunities” , announced the…

SAN DIEGO, February 4, 2022 /PRNewswire/ -- PriceSmart, Inc. (NASDAQ: PSMT), operator of 49 warehouse clubs…

(Reuters) - Russian President Vladimir Putin is meeting Chinese leader Xi Jinping this week when he attends the Beijing Winter Olympics and they may seek to deepen trade ties in energy and other areas at a time when Moscow is at odds with…

The dreaded Fed cut is almost here. US Federal Reserve Chairman Jerome Powell has signaled that he will raise interest rates soon, but will also stop adding to his massive stockpile of bonds by early March.In summary: key support for!-->…

NUR-SULTAN - The European Bank for Reconstruction and Development (EBRD) has invested $630 million in 18 projects in Kazakhstan in 2021, the bank's press service reported. The EBRD announced its intention to support the major road project…

Taipei, Jan 29 (CNA) The Taiwanese dollar climbed more than 2% against the US dollar in the Year of the Ox due to the country's strong export performance, and the upcoming Lunar New Year holiday could further boost demand as the amount of…

The following Management's Discussion and Analysis of Financial Condition and Results of Operations ("MD&A") is intended to help the reader understand the results of operations and financial condition of Progress Software Corporation.…

Interroll Holding AG / Keyword(s): Preliminary resultsStrong growth in sales and order intake 26-Jan-2022 / 06:30 CET/CESTPublication of an ad hoc announcement pursuant to Art. 53LRThe issuer is solely responsible for…

ASEAN currencies - including the Indonesian rupiah - would still be sensitive to the United States. Photo: iStock…

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Cooperation with the Financial Action Task Force could get the country off the gray list and strengthen its economy. In February 2021, the Financial Action Task Force (FATF) added Senegal to its gray list, indicating that the country does…

A photo of the currency vouchers currently in circulation in North Korea. /Image: Daily NK The North Korean authorities handed over the vouchers (Donpyo) released a positive assessment last year, and despite their…

Cryptocurrency is becoming a global trend in the financial world. In this bitql.cloud, no one wants to be left behind in this trend. Almost every big name in business is coming forward to accept cryptocurrency as a new era currency. We…

“But, if the Aussie dollar appreciates, your return on your US$100 return will decrease as you convert your investment back into local currency,” he adds.In particular, investors can manage the currency risks in their portfolio by checking…

Our verdictIf you want to convert simple credit card spending into cash, this is one card that should definitely be on the shortlist. In addition, there is no annual fee. Barclaycard's Rewards card also includes some great features for…

Bitcoin in Spanish is a weekly newsletter from CriptoNoticias in which we review the most important news related to bitcoin, cryptocurrencies and blockchains in the Hispanic world. First bulletin of the Hispanic world of this year…

While Nigerians complain about the shortage of low-value naira banknotes, which are mainly used for economic transactions between the masses, experts have attributed this shortage to the high cost of printing the banknotes and the…

Yet even as Good Life blossoms by the River Avon - the Soil Association, Triodos Bank and the Environment Agency are all headquartered here - is everything in Bristol really so rosy? Former Mayor Independent George Ferguson yesterday…

By VICTOR JUMA Kenya's net foreign assets fell by Ksh 87.1 billion ($ 769.7 million) in the year through September, the largest drop to date, indicating that local financial institutions have liquidated some of their portfolios…

The actions extended their Santa Claus rally with hopes that the Omicron variant won't cause serious economic damage next year, even as the number of cases has skyrocketed around the world. The S&P 500 was up 0.85% week-over-week…

Lawrence Agcaoili - The Filipino StarJanuary 2, 2022 | 00h00 MANILA, Philippines - After becoming one of the region's best-performing currencies in 2020, the peso depreciated near the $ 51-1 level in 2021 amid strong Philippine demand…

Chroniclers Kenya needs bold and broad economic thinking Friday, December 31, 2021 By JAINDI KISEROMore from this author Summary When traders hesitate to speak up it is usually that we are entering a period when…

The shilling has maintained stability throughout the year, fluctuating slightly around 1.0% since January. The local currency opened the year at 2,309/09 against the US dollar, which was almost similar to the 2,309/16 yesterday.…

The momentum is squarely behind the dollar amid the Omicron variant, but diverse exposure to international currencies is available in the Invesco DB G10 Currency Harvest Fund (DBV).As various countries grapple with the latest variant of…

By Adedapo Adesanya Oil prices closed mixed on Friday in a short holiday swap after a three-day rally, with investors trying to assess the impact of the omicron coronavirus variant on demand. While Brent crude fell 29 cents…

Posted December 24, 2021 Central Bank of Nigeria Governor Godwin Emefiele said Nigeria plans to finance infrastructure projects with bank and pension funds. According to him, the federal government is seeking to reduce its external…

A blockchain-based payment system for the benefit of a large unbanked populationSmall countries have more to gain from digital currenciesLow levels of digital, financial literacy is a challengeBANGKOK, Dec. 22 (Thomson Reuters Foundation)…

“We are delighted to be a part of this innovative and promising project,” said Managing Director Leslie Hill. Record PLC (LSE: REC) announced that its Sustainable Finance Fund for Emerging Markets,…

Breadcrumb Links PMN company Author of the article: Release date : Dec 17 2021 • 29 minutes ago • 2 minutes to read • Join the conversation…

Inditex Reports Third Quarter and Latest Sales Up 10% From 2019 LevelsH&M Says Fourth Quarter Sales In Line With Pre-pandemic LevelsInditex's online sales this year more than doubled compared to 2019MADRID / STOCKHOLM December 15…

LONDON, Dec. 13 2021 (GLOBE NEWSWIRE) - Midpoint Holdings Ltd. (TSXV: MPT) ("Environment"or the"Society") is pleased to announce that the Company will launch local virtual accounts in Canadian dollars, US dollars and euros in January…

As a global business development manager and self-proclaimed data geek, I'm used to leveraging user feedback and insights from customer experience data to attract, engage and retain more customers. My experience has taught me that…

London - Citi today announced the expansion of its Cross-Currency Sweeps cash management solution to several European markets. The solution, Citi…

GBP / NZD may have peaked near 1.97 May be on the verge of a correction to near 1.94 With fears of a new variant of the virus in remission On the signs of mild illness and the effectiveness of the vaccine Image © Adobe…

SINGAPORE, December 6, 2021 / PRNewswire / - FOMO Pay, the leader Singapore one-stop payment solutions provider, today launched a partnership with LuxembourgBanking Circle, a registered headquartered bank, to enable collection on behalf of…

Unless the context otherwise requires, the use of the terms "Best Buy," "we," "us" and "our" refers to Best Buy Co., Inc. and its consolidated subsidiaries. Any references to our website addresses do not constitute incorporation by…

The internet has radically changed commerce and the opportunities for entrepreneurs and small and medium-sized enterprises (SMEs) globally. The ability of small traders and businesses to operate internationally has been a game-changer.…

Enjoy a RM40 discount on selected Malaysia Airlines flight bookingsUp to 70% off vacation packages thanks to the last minute hotel booking campaign…

The rupee plunged 23 paise on Monday to close at 75.12 (provisionally) against the US dollar, as investors became cautious of a new variant of Covid-19.In the interbank forex market, the local currency opened at 74.84 and experienced an…

Just weeks after Saanich Police reported that cryptocurrency frauds cost local victims $ 1.4 million, Comox Valley RCMP said they were investigating similar frauds with reported losses of over $ 1 million. Cryptocurrency is a…

At 9am, the local note eased to 4.2325 / 2365 against the greenback at 4.2295 / 2300 at yesterday's close. - Reuters photo KUALA LUMPUR, November 26 - The ringgit slipped further to open lower against the US dollar today as the…

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An exterior view shows the headquarters of the Central Bank of Russia in Moscow, Russia on March 29, 2021. A sign reads: "Bank of Russia". REUTERS / Maxim Shemetov / FilesRegister now for FREE and unlimited access to reuters.comRegister…

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E-commerce growth is expected to reach pre-pandemic levels by the end of this year. However, fast-growing and emerging regions remain excluded from access to global e-commerce due to the prevailing constraints on cross-border shopping.…

The money market did not accept Shaukat Tarin's assurance regarding the IMF (International Monetary Fund) program this time - the rupee rose 1.38 points (0.78%) from Monday and Tuesday - all as he took the news of the Saudi loan, which…

The super rich Kenyans had placed 771 billion shillings in dollar accounts by the end of August 2021 in a bid to protect their money as the shilling took a beating. The latest data from the Central Bank of Kenya (CBK) shows that…

REUTERS / Marcelo Del PozoUS equity futures edged higher, indicating a larger open later, after a surprisingly large rise in consumer inflation hammered indexes. Consumer inflation in the United States has risen the most!-->…

When Bitcoin (BTC) first launched in 2009, critics quickly raised questions about the impact of the lack of support on the asset. This negative view was maintained even with the abandonment of the US gold standard in 1971. Although fiat…

Central Bank Digital Currency (CBDC) is a concept explored by China, Sweden, EU countries, and various other big savings in recent years.A CBDC is the virtual form of a government fiat currency, and is issued and regulated by local…

The implementation of the Comprehensive Regional Economic Partnership will strengthen financial ties among potential RCEP members and boost financial innovation, industry insiders said at a side…

“Euro Currency Rate Reserve Percentage” means, for any date: d. in the case of a revolving credit advance, the percentage (expressed in decimals) that is in effect on that date, as…

The eNaira is trustworthy and complies with Nigeria's financial laws. Central Bank of Nigeria Governor Godwin Emefiele will go down in history as one of Nigeria's most innovative CBN governors. Emefiele has launched several initiatives…

Posted October 31, 2021 Adopting blockchain for cross-border payments will help set the tone for the African Continental Free Trade Area. Digital Encode Limited CTO Oluseyi Akindeinde said this at the Africa Tech Alliance Forum.…

Here in Hong Kong, Category 8 typhoons were infrequent. Much like the floods in Germany and the massive forest fires in California were disasters that we might see every ten years or so. This is unfortunately no longer the case. In…

Today you can buy pre-1933 gold coins as collectibles or long-term investments. These coins were once circulating silver, including $ 2.50 quarter eagles, $ 5 half eagles, $ 10 eagles, and $ 20 double eagles.There are many…

Posted: October 27, 2021 at 3:07 a.m. EDT|Update: 1 hour agoSTOCKHOLM, October 27, 2021 / PRNewswire / -Highlights of the third quarterRecord sales with year-over-year revenue growth in all product segments, despite comparing to a quarter!-->!-->…

One of the feelings most often shared in investing is “This ship has sailed” or, in other words, “The train has already left the…

People use online betting bonuses because they like the idea of ​​getting something extra. Even though the majority of promotions for Nigeria and other countries require a deposit, you need to…

OSL crypto exchange expands to Argentina, Brazil, Colombia and Mexico…

ZIMBABWE's struggling monetary system has led residents to hide money in their homes. But that also makes them targets. Tariro remembers hearing a sudden knock on his kitchen door, the kind of shuddering. She peeked out the window…

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On a weekly basis, the ringgit rose 190 basis points to 4.1560 / 1590 against the greenback on Friday from 4.1750 / 1800 a week earlier. - Reuters photo KUALA LUMPUR, Oct 16 - The ringgit is expected to undergo a technical…

Founded in 1924, MFS (Massachusetts Financial Services) had $ 685.5 billion in assets under management as of August 31, 2021. The company manages more than 80 portfolios, which invest in national and global…

Expect the unexpected The COVID The pandemic has clearly demonstrated to us the folly of hoping for the best and assuming all will be well. Many things we took for granted two years…

At 9:04 am, the local rating rose to 4.1630 / 1680 against the greenback since Friday's close at 4.1750 / 1800. - Reuters photo KUALA LUMPUR, October 11 - The ringgit opened higher against the US dollar today amid renewed interest…

Almost three months after Padma Bank submitted its proposed merger with a state-owned lender, the Bangladesh Bank said government lenders are now plagued by financial health problems due to excessive numbers. delinquent loans. In…

The popular Defend The digital currency platform with over 1.7 million customers worldwide has announced the addition of four new cryptocurrencies to its trading platform. Uphold is a multi-purpose platform used by businesses to pay…

By Dipo Olowookere Sustained interest in bank stocks, particularly senior stocks, extended the Nigerian Exchange (NGX) Limited's uptrend by 0.12% on Wednesday. The market closed in positive territory yesterday due to gains…

By Paul R. La Monica, CNN Business Bitcoin is back, and it has a prominent new supporter. The price of the world's most valuable cryptocurrency soared nearly 10% on Wednesday morning to around $ 55,000, following news of the…

In Brazil, the acceptance of Bitcoin as a legal payment method is on the horizon. Brazilian Federal MP Aureo Ribeiro has revealed that residents of Brazil may soon be able to buy McDonald's using Bitcoin. The country is preparing a…

By Paul R. La Monica, CNN Business The lightning race for bitcoins keep on going. The price of the world's most valuable cryptocurrency soared above $ 50,000 on Tuesday morning - the highest level in nearly four weeks. While…

By Nathan Gurira No matter how well-intentioned and determined the Reserve Bank of Zimbabwe (RBZ) may be to eradicate rampant delinquency in the economy, the effort may count for nothing if other institutions inflame the situation…

SAN DIEGO, October 1, 2021 / PRNewswire / - PriceSmart, Inc. (NASDAQ: PSMT) today announced the sale of the…

A money changer counts ringgits at a store in Putrajaya on October 26, 2007. - Reuters pic KUALA LUMPUR, Oct 1 - The ringgit ended higher against the US dollar today, supported by improving sentiment towards the local currency, a…

gHello. The UK economy grew 5.5% between April and June on a quarterly basis as household spending surged as restrictions on coronaviruses eased, official data shows. The Office for National Statistics revised up a previous growth…

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