Ghanaian Cedi Appreciates by More Than 30% in 4 Days — Currency Recovery Follows IMF Loan Announcement
Sponsored
Sponsored
Just a few months after it became the world’s worst-performing currency, the Ghanaian cedi’s exchange rate versus the U.S. dollar bounced back from just over 14 units per dollar on Dec. 1, to 8 units for every dollar by Dec. 16, new data has shown. The currency’s resurgence appears to have been fueled by reports that Ghana has secured a $3 billion loan from the International Monetary Fund (IMF). Cedi Appreciates by Over 36% in Just Four Days After tapping an all-time low of more than 14 cedis for every dollar, the Ghanaian currency’s exchange rate versus the U.S. dollar
Russia’s recently revised bill “On Digital Currency” limits crypto purchases for non-qualified investors while providing legal ground for some cryptocurrency payments, according to local media. The... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source Author: coinmaker
Iran’s Ministry of Intelligence has reportedly blocked almost 10,000 bank accounts over suspicious foreign currency and cryptocurrency transactions. The action was carried out in collaboration with... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source Author: coinmaker