Kategooria: Euro

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,......

Venemaa Pank leevendab dollari ja euro sularaha ostmise piiranguid

The Central Bank of Russia has relaxed some limitations for Russian banks selling U.S. dollars and euros to the public. The increased supply of foreign cash may affect the crypto market in the country as currency restrictions have been a driver......

The Number of Euro-Pegged Stablecoins Has Swelled 1,683% Since 2020

While the stablecoin economy is worth roughly $153 miljardit täna, euro-backed stablecoin issuance has increased 1,683% alates $31.9 million worth of euro-based tokens on January 3, 2020, to today’s $569 miljonit. Since November 2021, the number of euro stablecoins swelled by......

ECB’s Lagarde, Panetta See Digital Euro as More Efficient Payment Means Than Crypto

Unbacked cryptocurrencies are not an efficient means of payment and stablecoins are vulnerable to runs, top officials at the European Central Bank have pointed out in a new article making the case for a digital euro. The executives have marked key......

Central Banks of France, Switzerland and BIS Complete Cross-Border CBDC Trial

Bank of France, the Swiss National Bank (SNB), and the Bank for International Settlements have successfully tested the application of wholesale central bank digital currency in cross-border payments. The project used distributed ledger technology and was realized with help from private......

Venemaa kaalub tulevikus dollarireservide osalist asendamist digitaalsete varadega

Kestvate sanktsioonide keskel, Venemaa valitsus on töötanud selle riigi piiramise nimel’sõltuvus USA-st. dollarit. Seda ütleb nüüd välisministeerium’s possible to partially replace the greenback in currency reserves and trade settlements with other......