Author: Kristin W. Barnett

WASHINGTON: The International Monetary Fund (IMF), Treasury Department currency values ​​in terms of Special Drawing Rights (SDRs). ====================================================================================== May 20, 2022 ====================================================================================== Currency units per SDR SDR per Currency unit ====================================================================================== Currency 19-May-22 18-May-22 17-May-22 16-May-22 ====================================================================================== Chinese yuan 0.110297 0.110634 0.11058 0.110283 Euro 0.785203 0.786043 0.787207 0.781834 Japanese yen 0.0058103 0.0057766 0.005774 0.0058176 U.K. […]

PHILIPPINE STAR/ MICHAEL VARCAS THE PHILIPPINES are among the economies at heightened import riskFdue to the depreciation of its currency, according to Nomura Global Markets Research. “(In)flation is already above central bank targets in four economies (India, South Korea, the Philippines and Thailand), all of which have sufficient (foreign) reserves to mitigate the pace of […]

In 1998, Russia experienced a sovereign debt default, a massive ruble devaluation and a banking crisis. Triggered by the invasion of Ukraine, the value of the currency has fallen again – and this crisis could last longer and get worse without a move towards peace. Following Russia’s invasion of Ukraine in February 2022, the value […]

WASHINGTON: The International Monetary Fund (IMF), Treasury Department currency values ​​in terms of Special Drawing Rights (SDRs). ====================================================================================== May 13, 2022 ====================================================================================== Currency units per SDR SDR per Currency unit ====================================================================================== Currency 12-May-22 11-May-22 10-May-22 9-May-22 ====================================================================================== Chinese yuan 0.110589 0.111009 0.11107 0.111165 Euro 0.780825 0.788123 0.788236 0.789494 Japanese yen 0.0057825 0.0057272 0.00573 0.005716 U.K. […]

A stronger US dollar and hidden payments pushed the rupiah to a new all-time low in the interbank market on Wednesday, with Pakistan’s currency closing above the 190 level for the first time in history against the greenback. According to the State Bank of Pakistan (SBP), the rupee closed at 190.02 after a daily decline […]

Following the positive response to the recent announcement by the Central Bank of Myanmar (CBM) regarding the exemption of certain foreign direct investment (FDI) projects from foreign currency conversion requirements, the BCM issued a new exemption on 26 April 2022 for exporters and importers. trade at the China-Myanmar or Thailand-Myanmar border. The CBM Directive (No. […]

Laos’ central bank blames the depreciation of the country’s kip currency on foreign exchange firms colluding to manipulate the market, but a lack of foreign exchange reserves and an import-export imbalance appear to be the real causes, experts said. sources in the country in FRG. According to Asian News Network, the kip depreciated by 6% […]

WASHINGTON: The International Monetary Fund (IMF), Treasury Department currency values ​​in terms of Special Drawing Rights (SDRs). ====================================================================================== May 5, 2022 ====================================================================================== Currency units per SDR SDR per Currency unit ====================================================================================== Currency 4-May-22 3-May-22 2-May-22 29-Apr-22 ====================================================================================== Chinese yuan 0.112938 Euro 0.784981 0.787896 0.784371 0.78405 Japanese yen 0.00573 0.005727 U.K. pound 0.933092 0.932734 0.93502 U.S. […]

Global Currency Detector Market Report provides an in-depth overview of the Currency Detectors industry along with the analysis of cost structure, supply chain, development management techniques, retailer analysis, financial backing, strategies trade and marketing channels. Global Currency Detector Market Research Report Provides Point-by-Point Analysis In-depth analysis of global market size, regional and country level market […]

cryptocurrency market Cryptocurrency market: key information The latest research report, titled “Global Cryptocurrency market Insights 2022 and Forecast 2028, this includes an overview and an in-depth study of the factors which are considered to have a greater influence on the future development of the market, such as market size, market share, different industry dynamics, Cryptocurrency […]

Global Digital Currency Exchange Market Outlook and Forecast to 2028 The latest market research results from Acor Insights on the Global Digital Currency Exchange Market offers a detailed analysis of the global or regional Digital Currency Exchange market taking 2021 as the base year offering a forecast till 2028. Information regarding exchange share, growth expectationfuture […]

WASHINGTON: The International Monetary Fund (IMF), Treasury Department currency values ​​in terms of Special Drawing Rights (SDRs). ====================================================================================== March 29, 2022 ====================================================================================== Currency units per SDR SDR per Currency unit ====================================================================================== Currency 28-Apr-22 27-Apr-22 26-Apr-22 25-Apr-22 ====================================================================================== Chinese yuan 0.112956 0.113058 0.112738 0.112796 Euro 0.782499 0.784699 0.788719 0.794017 Japanese yen 0.005745 0.00581 0.005791 0.005738 U.K. […]

The latest published market research on the Global Cryptocurrency ATM Software Market provides insight into the current market dynamics in the Cryptocurrency ATM Software space, as well as what our respondents at the survey – all the outsourcing decision makers – predict the market to look like 2027. The study analyzes the market based on […]

Jamaica ranks fourth among the top ten countries that have adopted central bank digital currency (CBDC). That’s according to PriceWaterhouseCooper’s (PwC) Global CBDC Index report, the second edition of which was released earlier this month. The report shows that the top ten countries are led by Nigeria, with the Bahamas in second, China in third […]

the Global digital currency market intelligence is a painstaking effort to identify the most useful and relevant information. MarketResearch.Biz examines many industries in different sectors around the world. Our custom research services include market analysis, country reports, competitive analysis. We also offer supplier sourcing and growth planning. Data is assessed in light of major players […]

One in eight central banks in the world has considered launching a central bank digital currency, according to a new study. However, major economies remain cautious about adopting the new technology, citing fears of money laundering, fraud and potential financing of violent crime. Cryptocurrency is a digital payment system that does not depend on banks […]

While followers of central bank digital currencies (CBDCs) have typically tracked 85-91 projects, a new study from consulting and accounting firm PwC has found that 80% of central banks around the world are considering at least adding a digital version of their national currency. fiat currencies. These figures reflect both retail and wholesale CBDCs, added […]

“The Global Currency Exchange Software Market report is the first research report of its kind that covers overview, summary, market dynamics, competitive analysis and various key players’ strategies to keep up in the world market. This report covers the top five regions of the world and the countries within them, which shows the state of […]

The Central Bank of Nigeria’s eNaira and the Bahamian Sand Dollar topped the world’s central bank retail project indices in PricewaterhouseCoopers’ 2022 edition. Central Bank Digital Currency (CBDC) Global Index. Titled “The Race for Digital Money is On,” the PwC Index analyzes and ranks leading retail and wholesale CBDC projects. The index also assesses the […]

BANGKOK, THAILAND — Foreign business groups in Myanmar have raised concerns about new rules requiring businesses and individuals to convert all foreign currency held in bank accounts into local currency. A statement released on Friday by the American Chamber of Commerce and chambers of Britain, France, Australia and similar groups said the rules would lower […]

(08 April 2022, 11:47 +07) Smiths Detection’s latest automated detection algorithm was designed to spot currencies. iCMORE Currency can detect up to 100 US Dollar, Euro and Saudi Riyal notes rolled up or stacked in carry-on luggage and backpacks. According to the United Nations Office on Drugs and Crime, the estimated amount of money laundered […]

WASHINGTON: The International Monetary Fund (IMF), Treasury Department currency values ​​in terms of Special Drawing Rights (SDRs). ====================================================================================== April 5, 2022 ====================================================================================== Currency units per SDR SDR per Currency unit ====================================================================================== Currency 4-Apr-22 1-Apr-22 31-Mar-22 30-Mar-22 ====================================================================================== Chinese yuan 0.113927 0.114049 0.113755 Euro 0.799216 0.800647 0.803024 0.804316 Japanese yen 0.005932 0.005928 0.00591 0.005901 U.K. pound […]

By Dr Asanka Wijesinghe On March 8, Sri Lanka devalued the rupee against the US dollar, entering a floating exchange rate regime. The Central Bank of Sri Lanka had to abandon the pegged exchange rate because it was impossible to defend the rupiah with declining reserves. The interbank exchange rate soared once banks were assured […]

People line up outside a bank to withdraw cash in Yangon on May 13, 2021. (Photo Reuters) Foreign currency earned by Myanmar residents must be deposited in accounts at licensed banks and exchanged for local currency within one business day, the central bank has said, as the country’s military authorities seek better control the flow […]

For quite some time now, the Indian financial establishment has opposed cryptocurrencies. Without the actions of the Indian Supreme Court, crypto trading could have remained restricted in India indefinitely. Fortunately, India’s judiciary has taken decisive action to protect economic freedom. Indian authorities are still working to figure out how to integrate crypto trading into India’s […]

The IMF apprehends “fundamental” changes in the global economic and political order resulting from the ongoing conflict in Ukraine. These changes would include revamping existing global payment networks. The reorganization will likely be accompanied by a surge in the use of digital currencies and the growth of global geopolitical identities around their use.The exclusion of […]

Author: Haihong Gao, Chinese Academy of Social Sciences China is one of the first countries to develop a central bank digital currency. The People’s Bank of China (PBOC) first proposed the idea of ​​a digital renminbi in 2014. Since then, significant progress has been made on the concept, and the development of the digital renminbi […]

AfDB: Emerging East Asian local currency bond issuance surges (Photo: Reuters) Hanoi (VNA) – Emerging East AsiaTotal local currency bond issuance rose 7.1% to a record high of $9 trillion in 2021, according to the latest issue of the Asia Bond Monitor recently released by the Asian Development Bank ( AfDB). In the last three […]

New Jersey, USA, – Mr Accuracy Reports published new research on Global Electronic money covering the micro level of analysis by competitors and key business segments (2022-2029). Global Electronic Money explores in-depth study on various segments such as opportunities, size, development, innovation, sales and overall growth of key players. The research is carried out on […]

Khankeo Lamaningao, director general of the Monetary Policy Department of Bank of Laos at a meeting of the Monetary Policy Committee in Vientiane last week. BANK OF THE LAO PDR Laos’ overall balance of payments situation is negative despite a trade surplus of $1.32 billion in 2021, as foreign exchange inflows represent only 26.45% of […]