Results for
Currency
41 Results-
Russia considers buying $70 billion in Yuan, other ‘friendly’ FX
Russia is considering a plan to buy as much as $70 billion in yuan and other “friendly” currencies this year to slow the ruble’s surge, before ... Economy -
Iraq’s central bank has no future plan to change exchange rate: Report
Iraq’s central bank sees no reason to change the exchange rate of the dinar currency and has no future plan to do so in the next three to five years, ... Middle East -
Crypto is ‘worth nothing’ and should be regulated: Europe Central Bank president
European Central Bank President Christine Lagarde said crypto-currencies are “based on nothing and should be regulated” to steer people away from ... Financial Markets -
Lebanon cenbank says to continue selling dollars at Sayrafa rate ‘without amendment’
Lebanon’s central bank will continue to allow commercial banks to purchase US dollars on its Sayrafa platform rate, it said on Tuesday, in response to ... Middle East -
The UAE introduces new polymer five and ten dirham notes
The United Arab Emirates’ central bank has introduced two new polymer banknotes for the five and ten dirham denominations, the official WAM news ... Gulf -
Lebanon plans to adopt ‘realistic exchange rate’ in 2022 budget: Ministry
Lebanon plans to adopt a “realistic exchange rate” for the local pound in the 2022 budget, according to a document published by the finance ministry ... Middle East -
UAE issues new 50 dirham note to commemorate Golden Jubilee
The United Arab Emirates has introduced its first polymer banknote to commemorate the 50th anniversary of the nation’s founding, according to a ... Gulf -
Lebanon’s currency plummets reaching an all-time low of 12,400 pounds to US dollar
Lebanon’s socio-economic crisis is deepening after the local currency further depreciated on Saturday to reach a historic low of 12,400 Lebanese ... Economy -
Lebanese take to streets to protest economic collapse as currency hits all-time low
Hundreds of demonstrators took to the streets across Lebanon Tuesday to protest the incompetence of politicians as the country’s economic collapse ... Middle East -
Turkish Lira drops most since 2019 as thin liquidity amplifies declines
The Turkish lira headed for its biggest drop in more than a year, defying a broader risk-on rally in emerging markets as locals took advantage of ... Middle East -
Iran’s rial slides to new low on unofficial market; virus, sanctions weigh
The Iranian rial fell to a new low against the US dollar on the unofficial market on Saturday and has now seen its value fall by almost half in 2020 ... Economy