Brics+ countries are determined to trade in their own currencies – but can it work?: Brics+ countries are exploring how they can foster greater use of local currencies in their trade, instead of relying on a handful of major currencies, primarily the US dollar and the euro. The forum for cooperation among nine leading emerging …
Africa’s new online foreign exchange system will enable cross-border payments in local currencies – what you need to know: The high cost of making cross border payments on the African continent has driven governments on the continent to seek options of settling trade and other transactions in local currencies. This has given birth to the …
Welsh mining towns had alternative currencies 200 years ago – here’s what the crypto world could learn from them: A halfpenny token issued by the Parys Mining Company of Anglesey in 1788. The hooded druid design was used for many years and was the first of hundreds of token designs. BrandonBigheart/Wikimedia You can also read …
Crypto: what could more regulation mean for the future of digital currencies?: Crypto trader. Phongphan / Shutterstock The founder of the world’s largest cryptocurrency exchange, Binance CEO Changpeng Zhao, has called for more regulatory clarity after a week of crypto market chaos and a year in which investors are estimated to have lost US$ 2 …
How El Salvador and Nigeria are taking different approaches to digital currencies – plus, are we living in a simulation? The Conversation Weekly podcast transcript: Going digital: Nigeria launched the eNaira central bank digital currency in October 2021. Aleksandra Sova/Shutterstock This is a transcript of The Conversation Weekly podcast episde: Crypto countries: Nigeria and El …
Crypto countries: Nigeria and El Salvador’s opposing journeys into digital currencies – podcast: Banking on bitcoin: El Salvador announced plans to build a Bitcoin City in November 2021. Rodrigo Sura/EPA We dive into the world of crypto and digital currencies and take a close look at two countries approaching them in very different ways in …
South Africa in the news: Emerging market currencies in a ‘sweet spot’ again: Central banks in developing nations will take center stage this week as assurances that the Federal Reserve is in no hurry to raise interest rates lay the groundwork for an extended rally in …: “South Africa” – BingNews West Bengal bypolls 2021: …
South Africa in the news: U.S. Yields Set to Tighten Grip on Emerging-Market Currencies: Slowing economic recovery amid a resurgent pandemic is leaving emerging-market currencies vulnerable to a selloff.: “South Africa” – BingNews Fauci on third shots; South Africa registers 10,139 new cases: South Africa registered 10,139 new Covid-19 cases, bringing the cumulative total to …
South Africa in the news: Rally in emerging market commodity currencies to roll on: Reuters poll: Emerging market strategists were cautiously optimistic that the sector’s commodity-linked currency rally would continue in coming months, but a much slower pace of vaccine rollouts will keep …: “South Africa” – BingNews Pfizer vaccine ‘works less well against Indian …
South Africa in the news: Commodity Rally Sparks Jump in Emerging Currencies, Credit: The rally in commodity prices is bolstering the outlook for emerging-market currencies and boosting parts of credit and stocks even as it fuels concerns about higher inflation. The Bloomberg Commodity …: “South Africa” – BingNews Deciding on the right car insurance for …
South Africa in the news: RPT-GRAPHIC-Commodity price surge leaves emerging currencies adrift: Talk of a commodities “super cycle” and gains in prices from iron to copper have brightened the outlook for resource-linked currencies, but the tide hasn’t lifted all boats, with emerging market …: “South Africa” – BingNews Mutizwa helps Golden Arrows rise to second: …
Alternative currencies are the future: why it matters for development: shutterstock Shutterstock When I began to teach in 2012, I decided to start my course with an analysis of how money affects social order. What my students found particularly fascinating was the then-nascent world of cryptocurrencies, which I described at length as a crucial feature …