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The value of the Nigerian currency has appreciated against the United States dollar in the official foreign exchange market, ...
Milei ended a $200 monthly cap on dollar withdrawals, scrapped transaction fees and unraveled other restrictions, allowing ...
The value of Nigerian currency the naira has recorded a mixed performance, appreciating against the dollar and falling to the pound and euro in official market.
Japan’s top currency diplomat has pledged to ensure stability in the global financial system as tariff fears spook investors, ...
“We have eliminated the exchange rate controls on the Argentine economy for good.” A tangle of regulations The capital ...
It closed at 1,074 per dollar on Friday, with parallel markets at 1,355. The official exchange rate was previously on a crawling peg, only allowed to depreciate 1% each month. Traders consulted by ...
For years, the restrictions had set the official exchange rate and barred companies and individuals from moving money freely. The reserves in the Central Bank of Argentina reached $36.8 billion on ...
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The world has accumulated large international dollar reserves, mainly invested in US Treasury Bonds (Figure 1). Around one-quarter of US federal debt (of over 120% of US GDP) is funded abroad owing to ...