Binance Reportedly Removes Restrictions on Russian Users

The worlds largest crypto exchange, Binance, has lifted certain restrictions on Russian users, local crypto media unveiled. According to multiple reports, Russians can once again use their bank cards to make deposits and the trading platform has canceled a limit on

Aruanne: Egyptian Pound Reaches New Low Against US Dollar Despite Flexible Exchange Rate Regime

The exchange rate of the Egyptian pound versus the U.S. dollar fell to a new low on Jan. 11 after it tapped 32.14 per greenback. The currency’s latest significant depreciation came just a few months after it adopted a flexible exchange

UK Bank Starling Blocks Payments to Crypto Platforms — Claims Crypto Is High Risk, Heavily Used for Criminal Purposes

Starling Bank has informed its customers that the bank no longer supports fund transfers to cryptocurrency platforms, including crypto exchanges. The bank stated that cryptocurrenciesare high risk and heavily used for criminal purposes and, as such, we no longer support

Bank of England Hikes Repo Rate by 75bps — UK’s 30-Year Fixed Mortgage Rate Jumps to 7%

novembril. 3, 2022, the Bank of England followed the U.S. Federal Reserve by codifying the eighth consecutive benchmark bank rate hike by 75 baaspunktid (bps). The increase brings the United Kingdom’s main lending rate to 3%, after a majority

Aruanne: Deleted Files Indicate Crypto Lender Hodlnaut’s Execs Gave Little Weight to Terra Luna Exposure

Vastavalt aruandele, the embattled crypto lender Hodlnaut saw a significant loss from the Terra blockchain collapse last May. The report notes that Hodlnaut downplayed the companys exposure to the Terra ecosystem and allegedly lost $190 million from the incident….

FX Strategists From Citi Say Euro Could Sink to $0.86 if Macro Turmoil Continues

While the euro has found support between 0.96 juurde 0.97 nominal U.S. dollars per unit, foreign exchange (FX) strategists from Citi believe the euro could tap a low of around $0.86 against the greenback. While the dollar slumped on October 13,

Aruanne: UK Gold Dealer Sold Out of Bullion After Pound’s Record Fall Causes Demand to Skyrocket

The United Kingdom-based gold dealer, Ash Kundra, has claimed that he recently ran out of gold coins and bars after the demand for the precious metal skyrocketed. The pounds plunge to a record low versus the dollar, as well as the

S&P Globaalne aruanne ütleb, et EL ja Ühendkuningriik on majanduslanguses, Putin arvab, et lääs on ahne

Täna’Selle viletsa maailmamajandusega on kõik eesotsas, kuna inflatsioon on laastanud tavaliste inimeste rahakotte ja energiahinnad tõusevad kogu maailmas jätkuvalt. Credit Suisse andmetel, “halvim on alles ees,” kui ülemaailmne investeerimispank’s…

IMF Bailout Could Be in UK’s Future, Says Strategist

Mizuho Securitieshead of global macro strategies has warned that an IMF bailout may be in the U.K.’s tulevik. enamgi veel, a former chancellor of the exchequer cautioned that Britain is entering a long and severe recession, emphasizing that it’s “the worst

India edestab IMFi andmete põhjal Ühendkuningriiki kui maailma suuruselt 5. majandust

India is now the worlds fifth-largest economy after surpassing the U.K., the latest data from the International Monetary Fund (IMF) shows. India’s former chief economic advisor expects the country to become the worlds third-largest economy by 2028-30. India Becomes 5th Largest