Iran's rial has plummeted to unprecedented lows, rendering it nearly worthless against major currencies, which exacerbates ...
SOFIA, Bulgaria -- Bulgarians began withdrawing euros for the first time on Thursday after the former communist nation joined the euro currency union as its 21st member. Cash machines in the capital, ...
DUBAI, Dec 25 (Reuters) - Syria will start swapping old banknotes for new ones from January 1, 2026, Central Bank Governor Abdelkader Husrieh said on Thursday, under a plan to replace Assad-era notes ...
India’s central bank injected $5 billion through a foreign-exchange swap auction, deploying the tool for the first time since March as signs of liquidity strain emerge among lenders. The operation is ...
Through layers of intermediaries, stablecoins can be moved, swapped and mixed into pools of other funds in ways that are difficult to trace, experts say. Credit...Jeremy Leung Supported by By Aaron ...
SHANGHAI, Dec 6 (Reuters) - China's central bank has upgraded a bilateral currency swap agreement to a long-term standing swap deal with the Monetary Authority of Macao, the People's Bank of China ...
Kenya and Indonesia have implemented multifaceted debt management strategies to address external financing challenges and reduce reliance on specific creditors, including diversifying funding sources ...
Kathleen Walsh has received funding from the Australian Research Council and UTS:ACRI. Luke Deer and Wei Li do not work for, consult, own shares in or receive funding from any company or organization ...
Democrats keep claiming that Trump "gave away" $40 billion to Argentina, and many people are understandably upset. How, they ask, could the United States hand over money to a foreign country? The ...
Kenya has converted part of its Chinese loans from U.S. dollars into renminbi (RMB), while Ethiopia is negotiating a similar arrangement. These conversions provide fiscal relief while embedding ...
China and South Korea signed a $49 billion (₩70 trillion), five-year currency swap deal. The agreement renews a previous swap that expired in October, aiming to stabilize markets, ease trade, and ...