A seemingly contradictory move by the German central bank highlights a quandary that central bankers all across Europe are facing. The Bundesbank is a staunch supporter of the European Central Bank’s ...
DAMASCUS (Reuters) - Syria plans to print a newly-designed currency in the UAE and Germany instead of Russia, three sources said, reflecting rapidly improving ties with Gulf Arab and Western states as ...
A global reserve currency is one that is extensively held by foreign Central Banks. Since the 1944 Bretton Woods agreement this position has been occupied by the US dollar and it still holds true – ...
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