Tag: Currencies
Putin allowed! Western countries will be able to pay their natural gas debts in foreign currencies
With the decree signed by Putin, a change was made in the decision that Western countries that impose sanctions on Russia and are defined as “unfriendly” can only pay for…
the rial hits its lowest level since the start of the economic crisis
The Iranian currency hit its lowest level, further deepening the country’s economic crisis. And this, one hundred days after the death of the young Iranian Kurdish Mahsa Amini, who died…
relaxation of restrictions on cash withdrawals
In Nigeria, the Central Bank (CBN) is still in turmoil, after its decision to replace banknotes with new ones and drastically limit cash withdrawals from January 9. Faced with numerous…
a stronger relationship economically but which remains imperfect
China has displayed a facade of neutrality since the start of the war launched in Ukraine by its partner Russia. Officially, between the two neighbours, a ” limitless friendship prevails,…
opening of the Wirecard trial, an unprecedented scandal in the country
This is probably the biggest scam of recent decades in Germany. Wirecard, a payments provider, went bankrupt two years ago leaving a huge hole in its coffers. The unprecedented scandal…
Sam Bankman-Fried said he was ‘deeply sorry’ for FTX’s bankruptcy
Sam Bankman-Fried does his my culpa. The former boss of cryptocurrency exchange FTX gave his first public interview since his company filed for bankruptcy less than a month ago. He…
Oberthur Fiduciaire will manufacture 390 million banknotes for Afghanistan
Fifteen months after the Taliban took power, in a very delicate legal context, the French group specializing in secure documents sealed a $15 million deal with the Afghan Central Bank.…
Hindu religious idols on banknotes, AAP’s funny idea
Placing Hindu religious idols on banknotes. This is not the latest discovery of the Hindu nationalists of the BJP, in power in India, but a proposal of the opposition party…
Merger accomplished for Ethereum, the greener cryptocurrency
It is a revolution in the world of cryptocurrencies. Ethereum, the second largest digital currency after Bitcoin, drastically changed its operating protocol on Thursday, September 15. An operation that specialists…
The Turkish Central Bank lowers its key rate and aggravates the fall of its currency
In Turkey, inflation is at historic highs. 79.6% over one year in July and this rate is only growing. But as usual, the Central Bank operates contrary to the practices…