Search Results for: depreciation

Iris Energy Boosts Self-Mining Capacity With 4.4 EH/s of New Bitmain Bitcoin Mining Rigs

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Bitcoin miner, Iris Energy, announced plans to increase the company’s self-mining capacity, depuis 2 exahash par seconde (EH/s) to approximately 5.5 EH/s, after it receives 4.4 EH/s of new Antminer S19j Pro miners from Bitmain. Iris Energy Leverages $67 Million in…

Le peso argentin perd presque 12% Contre le billet vert en janvier; L’inflation devrait fortement augmenter

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The Argentine peso has fallen consistently against the U.S. dollar this month, losing almost 12% since Jan. 1. The behavior of the exchange rate for the informal “blue” dollar keeps bringing concerns about a possible escalade in inflation rates, that are…

Le cédi ghanéen est le deuxième actif le moins performant parmi les meilleurs d'Afrique subsaharienne 15 Devises

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En seulement le premier 17 jours de la nouvelle année, la monnaie ghanéenne se serait dépréciée de 12.7%, ce qui en fait le deuxième pays le moins performant parmi les meilleurs d'Afrique subsaharienne 15 Le FMI avertit que les sanctions contre la Russie menacent de saper la domination du dollar américain. Alors qu'un des États-Unis. dollar acheté 13.10 units of the cedi on the parallel…

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

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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…

Nigeria Announces New Cash Withdrawal Restrictions — ATMs Limited to Less Than $44 per Day

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In a new directive to financial institutions, la Banque centrale du Nigéria (CBN) said individuals can now only withdraw an equivalent of just under $222 per week while corporates can only withdraw cash not exceeding $1,111 during the same period. le…

While Official Figures Claim Turkey’s Inflation Rate Is 85%, Third-Party Stats Say It’s Closer to 200%

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Inflation has skyrocketed in Turkey as official figures from the Turkish Statistical Institute (Tüik) show the country’s inflation rate topped 85.5% year-on-year. The inflation rate in Turkey has risen for 17 consecutive months and last month it reached a 24-year high….

Displaying US Dollar Prices Still Prohibited, Ghanaian Central Bank Tells Actress Lydia Forson

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The Bank of Ghana recently warned businesses quoting U.S. dollar prices that the practice is still prohibited and that the cedi remains Ghana’s sole legal tender. The bank said it is working with law enforcement to “clamp down on illegal foreign…

Nigerian Presidential Hopeful’s Party Says It Will Review Country’s Blockchain and Crypto Policy if Elected

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The party of the Nigerian presidential hopeful Asiwaju Bola Tinubu has promised to set up an advisory committee to review regulations that govern blockchain and virtual asset services if it wins in the upcoming elections. The All Progressives Congress also said…

Le yen japonais plonge au plus bas depuis 32 ans face au dollar américain - Une autre intervention des autorités est attendue

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The Japanese yen’s exchange rate versus the U.S. dollar recently plunged to its lowest rate in 32 years — 147.66 JPY per dollar. The yen’s latest fall comes less than a month after its slip in September prompted authorities to enter…

Signaler: Le négociant en or britannique a vendu ses lingots après que la chute record de la livre ait fait monter en flèche la demande

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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 pound’s plunge to a record low versus the dollar, as well as the…