Exclusive: Billions in dollar and euro notes reach Russia despite sanctions
US and EU banned banknote exports to Russia in 2022Russia continues to import them, albeit in smaller volumesCash is still...
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Ethiopian local authorities crack down on price hikes after currency float
ADDIS ABABA, Aug 1 (Reuters) - At least two Ethiopian local governments have ordered the closure of dozens of businesses...
In the Market: How US is daring the world to find a dollar alternative
June 10 (Reuters) - The United States is merrily chipping away at the pillars that hold up the dollar as...
Saudi Arabia joins BIS- and China-led central bank digital currency project
LONDON, June 5 (Reuters) - Saudi Arabia has joined a China-dominated central bank digital currency cross-border trial, in what could...
UK fines offshore entities for ignoring property register, but few pay
LONDON, May 16 (Reuters) - Britain has fined over 400 overseas entities for failing to sign up to a new...
Political heat prods Japan, South Korea to team up on weak currencies
WASHINGTON, April 19 (Reuters) - The success of Japan and South Korea at inserting language voicing concern over their currencies...
IMF tells Asian central banks not to follow Fed too closely
IMF: US rates have 'strong and immediate' impact on Asia FXUrges Asian central banks to focus on domestic inflationGlobal lender...
Countries closing in on digital currencies but US lagging, study shows
LONDON, March 14 (Reuters) - A total of 134 countries representing 98% of the global economy are now exploring digital...
Egypt’s bumper cash raise sets stage for foreign investor comeback
LONDON, March 8 (Reuters) - International investors are dipping their toes back into Egyptian local debt after a much-needed rate...
