Jakarta, CNBC Indonesia – The Central Bank of England (Bank of England / BoE) and the United States Central Bank (Federal Reserve / The Fed) are compact to raise their benchmark interest rates. The European Central Bank (ECB) has also decided to raise its benchmark interest rate next month. This has a huge impact on … Read more
Within the framework of the agreement with the International Monetary Fund (IMF)the Central Bank (BCRA) have a a goal of US$4.1 billion accumulation of reserves for this first half of the year, but pessimism regarding this possibility is very strong in the market, because Many estimate that the BCRA I should buy Dollars at a … Read more
In Tunisia the arm wrestling betweenUgttthe largest trade union in the country, and the president Kais Said keep on. On Thursday, June 16, the entire North African country was paralyzed by one general strike of the public sector, which involved 159 public administrations and companies and involved around three million workers. Flights canceled, means of … Read more
Jakarta, CNBC Indonesia – The International Monetary Fund (IMF) calls Stablecoins that are not backed by real assets a pyramid scheme fraud. This was revealed in response to the collapse of TerraUSD and Terra Luna which caused turmoil in the cryptocurrency market. A stablecoin is a type of cryptocurrency that aims to track other assets. … Read more
New weighting in the currency basket IMF punishes euro in favor of Chinese yuan 05/15/2022, 11:07 p.m The Chinese yuan is gaining popularity with the International Monetary Fund (IMF). The global financial institution is increasing the currency’s share in its reserve basket at the expense of the euro. The US dollar is also increasing. The … Read more
The biggest cryptocurrency has dropped back to $36,500. The IMF made a new statement targeting cryptocurrencies. Why are the IMF and World Bank against Bitcoin? The IMF, which has been constantly making statements about cryptocurrencies, has been on the agenda again. Bitcoin eased below $37,000. Of course, the last drop is not only related to … Read more
‘Gota Go Home’ Demonstrations have been going on in the country for weeks. The most heard slogan is ‘Gota Go Home’. People blame the president and his political kin for letting the crisis run its course and enriching themselves. One of them is Prime Minister Mahinda Rajapaksa. He would now be prepared to resign, but … Read more
The situation of the foreign exchange market was one of the topics that Minister Guzmán discussed with the directors of the International Monetary Fund on his last trip to Washington, on the occasion of the organization’s spring meeting. in those meetings there was talk of the need to strengthen the Central Bank through the policy … Read more
It was not the ideal day to meet again with Kristalina Georgieva to define the first test of the agreement. In Buenos Aires, the price of the blue dollar rose and the international financial billboard showed tensions. Everything added to the concern for the immediate future of the Argentine economy. The managing director of the … Read more
Countries like Russia could use the crypto ecosystem to circumvent the sanctions in several ways, the IMF one says. Russia could use its embargoed energy resources to mine bitcoin for hard cash, it proposed in a report. Russia could use the crypto ecosystem to displace Western sanctions in several ways, the International Monetary Fund proposed … Read more