Currency:storj articles
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Consumers want higher ZiG notes as national acceptance of the new currency grows
By Brandon Josphat and Masimba Makwembere CONSUMER representatives want the Reserve Bank of Zimbabwe (RBZ) to introduce higher denominations of the ZiG To access this post, you must purchase a subscription. Please click the button below to visit our subscriptions page to select a package. Subscriptions
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Russia and Iran Collaborating on Single BRICS Currency, Iranian Ambassador Says – Economics Bitcoin News
Russia and Iran are collaborating on creating a single BRICS currency, the Iranian ambassador to Russia has claimed. He noted that over 60% of the two nations’ bilateral trade is conducted in Russian rubles and rials, reflecting a shift away from the U.S. dollar. Russia-Iran Trade Flourishes With National Currencies Iran and Russia are reportedly […]
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Nigerian Currency Becomes Worst-Performing After Erasing All Early April Gains – Africa Bitcoin News
The Nigerian currency, which has been depreciating against the U.S. dollar in the past few weeks, has completely erased its gains from early April, making it the worst-performing currency in the world. The decline of the naira is attributed to Nigeria’s ongoing foreign exchange shortages. One economist expects the pressure on the currency to peak […]