International monetary system
-
US Treasury, Financial Industry Discuss Cryptocurrency “Stablecoins”
The US Treasury Department met with a number of industry participants this week to ask them about the risks and rewards of stablecoins – ... -
Will the IMF’s $ 961 million windfall save Zim?
By Learnmore Nyamudzanga According to the International Monetary Fund (IMF), Covid-19 has caused a substantial long-term change in the global macroeconomic environment, and the ... -
Why the Taliban are in desperate need of money to rule Afghanistan
The system assumes that people want to send equivalent amounts of money between two locations. Loans and transfers are recorded in the ledgers, but ... -
Zim fast track economy – President
Sunday mail Richard Muponde and Emmanuel Kafé Zimbabwe’s economy is arguably the fastest growing on the African continent this year due to sound policies ... -
FSC President’s Candidate Doesn’t See Cryptocurrencies As Real Money
Financial Services Commission (FSC) President-designate Koh Seung-beom has argued that digital assets will not work successfully as financial instruments. He went further, declaring that ... -
Rupee hits nearly 11-month low against US dollar
KARACHI – The dollar rose 0.65% or Rs1.08 and hit an almost 11-month high against the Pakistani rupee in the interbank market on Wednesday. ... -
Historic IMF financing takes effect, $ 2.7 billion for Pakistan
WASHINGTON: The International Monetary Fund’s (IMF) largest allocation of $ 650 billion in Special Drawing Rights (SDRs) went into effect on Monday and may ... -
Lebanon struggles to form government as economic crisis rages across country – World Peace Organization
On August 16, following a nationwide fuel shortage caused by the economic crisis that has plagued the country for years, Lebanese President Michel Aoun ... -
Nixon’s decision to decouple dollar from gold still haunts IMF, Africa – cvbj
US President Richard Nixon’s decision to end America’s promise to turn dollars into gold changed the global financial system. fake pictures Danny Bradlow, SARCHI ... -
High current account deficit is nothing to worry about: Baqir
KARACHI: The high current account deficit for June 2021 came as a surprise to the market and businessmen, however, people need not worry because ...
