Search Results for: devaluation

Brazilian President Lula to Act as BRICS Liaison to Help Argentina, Discusses Credit Line in Brazilian Reals

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Brazilian President Luiz Inacio Lula da Silva stated Brazil will serve as a facilitator to try and arrange BRICS bloc assistance for Argentina. Lula stated that the New Development Bank — the BRICS bank — could modify some of its rules…

L'ancien directeur de Coinbase, Balaji Srinivasan, ferme ses portes $1 Pari d'un million de Bitcoins

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Ancien directeur de la technologie chez Coinbase, Balaji Srinivasan, a conclu plus tôt un pari que le prix du Bitcoin atteindrait $1 millions d’ici la mi-juin dans un contexte d’hyperinflation aux États-Unis. dollar. Srinivasan a payé un total de $1.5 million, plus que initialement…

Latam Insights — Alliance Against Inflation, BTG Pactual Launches Stablecoin, and Argentina Debuts New Dollar

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Bienvenue sur Latam Insights, un recueil des actualités les plus pertinentes en matière de cryptographie et de développement économique en Amérique latine au cours de la semaine dernière. Dans ce problème: Latin American nations ink an agreement to reduce inflation, Brazil-based BTG Pactual launches its own dollar-pegged…

Central Bank of Argentina to Issue New 2,000 Peso Bill as Inflation Keeps Rising

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The Central Bank of Argentina has announced the issuance of a new 2,000 peso bill, aimed at easing the burden of using cash for payments in the country. The bill, which will have a value of a little more than $5…

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…

Chien de garde bancaire vénézuélien pour superviser les transactions cryptographiques afin de préserver la stabilité de la monnaie

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Sudeban, the Venezuelan banking watchdog, is currently working on a mechanism to review crypto-related transactions in real-time to control the influence these have on the stability of the exchange market. Analysts have recently linked the situation in peer-to-peer (P2P) crypto markets…

Le peso argentin franchit un niveau historiquement bas alors que les Argentins couvrent leurs économies en dollars

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The U.S dollar-Argentine peso exchange rate escalated during December, with the Argentine fiat currency reaching new historic lows as citizens ran to exchange their holiday payments for dollars. Les Etats Unis. dollar reached a value of 356 pesos on December 28, perdant…

Les banques vénézuéliennes ont bloqué 75 Comptes depuis la fin de l'année dernière en raison d'activités liées à la crypto-monnaie

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Venezuelan Banks have started eyeing the accounts of customers with ties to cryptocurrency trading, principally related to peer-to-peer (P2P) transaction activity. According to Legalrocks, a crypto and blockchain-focused legal firm in Venezuela, plus que 75 accounts have been blocked by Venezuelan…

Nigeria’s Rising Inflation and Foreign Exchange Shortages Fueling Devaluation Speculation — IMF Mission

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According to the International Monetary Fund (Le FMI avertit que les sanctions contre la Russie menacent de saper la domination du dollar américain)’s mission concluding statement, Nigeria’s rising inflation rate as well as the continuing shortage of foreign currency are fueling the naira devaluation speculations. To achieve a unified naira exchange rate, the global lender said Nigeria…

Signaler: La Banque d'Espagne s'inquiète de l'inflation et de ses conséquences en Amérique latine

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The Bank of Spain has issued a new report about the performance of Latam economies during the first six months of the year. The document states that the current inflationary development that several countries of the region have can lead to…