Synonyms that are in the dictionary are marked in green. Synonyms that are not in the dictionary are marked in red.
Antonyms that are in the dictionary are marked in green. Antonyms that are not in the dictionary are marked in red.
According to the CBN, the currency in circulation increased from N1.4 trillion in 2015 to N3.23 trillion in October 2022.
Source: https://punchng.com/new-naira-listen-to-voice-of-reason-ngf-tells-cbn/
A central tenet of MMT is that governments are free to produce money because they control the currency.
Source: https://thegrizzlygazette.com/business/modern-monetary-theory-was-too-good-to-be-true/
A chain reaction wreck that began with a car running a red light ended with a CTA bus plowing into a Far South Side currency exchange and four people being injured, Chicago police said.
Acting on a tip-off regarding an organized racket involved in printing/ circulating fake currency notes, the STF on Friday raided a place near Ulunda in the district.
Source: https://pragativadi.com/odisha-stf-seize-fake-currency-worth-over-rs-41-16-lakh-in-sonepur-one-held/
A currency exchange doesn't stop exchanging currency because everything is awesome.
A currency exchange doesn't stop exchanging currency because everything is awesome.
A currency trader stands near the screens showing the Korea Composite Stock Price Index (KOSPI), center, and the foreign exchange rate between U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, Wednesday, March 22.
Source: https://triblive.com/news/wire-stories/wall-street-quiet-ahead-of-fed-rate-hike-decision/
A currency trader watches computer monitors near the screens showing the foreign exchange rates at a foreign exchange dealing room in Seoul, South Korea, Friday, May 19, 2023.
Additionally, the struggles of the Chinese economy, Australia’s largest trading partner, further dampened sentiment toward the currency.
Source: https://londonlovesbusiness.com/the-usd-dominates-the-market-amid-strong-volatility/
Adjusted EBITDA was yo 14.6% to €522 million (13% in constant currency).
“Adjusting the gross external reserves with three key FX liability lines that include FX forwards (US$6.84bn), securities lending (US$5.5bn) and currency swaps (US$21.3bn); and”
Source: https://theeagleonline.com.ng/jp-morgan-estimates-nigerias-fx-reserve-to-be-around-3-7b/
Admittedly, the USDCAD is probably the most up-and-down volatile currency pair of late.
Admitting that the CBN had the right to redesign the country’s currency, he, however, argued that the apex bank did not have the right to dispossess the citizens of their cash.
Source: https://www.blueprint.ng/cost-of-naira-shoots-up-food-prices/
A favorite corner of my internet is Philatelica USA Magazine, a quarterly hobby magazine for collectors, enthusiasts, and traders of stamps, currency, and postcards.
“A free-floating currency may lead to a huge currency depreciation which will in the end be detrimental as it will end up being inflationary owing to the nature of the Malawian economy and in the end affect consumers’ livelihood.
Source: https://mwnation.com/financial-market-dealers-speak-on-forex-mismatches/
“A free-floating currency may lead to a huge currency depreciation which will in the end be detrimental as it will end up being inflationary owing to the nature of the Malawian economy and in the end affect consumers’ livelihood.
Source: https://mwnation.com/financial-market-dealers-speak-on-forex-mismatches/
After all, unlike fiat currency, a central bank cannot create more land simply by pushing a button on a computer.
After several years of discussions about possible inclusion, J.P. Morgan announced that certain local currency bonds issued by the Indian government will begin to be added to the GBI-EM suite of indices at the end of June 2024.
Source: https://www.etftrends.com/tactical-allocation-channel/india-bonds-set-to-join-em-bond-index/
Aggressive easing could also trigger more capital outflows from China's struggling financial markets and pressure the yuan currency, which recently skidded to eight-month lows.
Airbnb making DV Authentic Ad its measurement currency in multiple LatAm markets and Amazon Prime Video deploying DV’s proprietary pre-campaign activation and post-campaign measurement solutions on YouTube.