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A wide gap between local and American interest rates is reviving the argument to ditch the city’s greenback link. The system ...
Djibouti has been navigating regional tensions well, with robust growth, moderate inflation, and recovering reserves. In response to global uncertainties and domestic debt challenges, the authorities ...
This was easily done because Bulgaria has been running a currency board that fixed the lev to the euro at 1.95583 since the start of the euro currency in 1999.
To regain control, Bulgaria implemented a Currency Board in 1997. The lev was pegged first to the Deutsche Mark, then to the euro. In 1999, a major denomination took place, ...
This was easily done because Bulgaria has been running a currency board that fixed the lev to the euro at 1.95583 since the start of the euro currency in 1999.
Bulgaria's national currency, the lev, ... Since then, the lev has been pegged to the euro at a fixed exchange rate of 1.95583 BGN to 1 EUR under a currency board system.
Stablecoin firm Circle is applying to create a national trust bank in the U.S., a major move after its blockbuster IPO valued ...
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EU gives Bulgaria green light to adopt euro from start of 2026By Jan Strupczewski BRUSSELS (Reuters) -The European Commission and the European Central Bank gave Bulgaria the go-ahead on Wednesday to adopt the euro currency from the start of 2026, making ...
Sri Lanka has announced feed-in-tariffs for renewable energy for standardized power purchase agreements below 10 MegaWatts, ...
Strategic decision positions Jaguar to diversify treasury holdings with a long-term digital store of value SAN FRANCISCO, CA ...
This is the so-called "buffer" of the Currency Board. Money that we have saved to maintain the stability of the Currency Board. This is not the foreign exchange reserve of the BNB, it is not the state ...
The global trade landscape in 2025 is poised for significant shifts, particularly as protectionist measures, national interests, and multi-lateral alliances converge. Tools, like game theory, offer a ...
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