Argentina hikes taxes on dollar savings and bank card purchases ahead of Milei taking power
Nov 23 (Reuters) - Argentina on Thursday raised taxes on U.S. dollar purchases destined for savings or made with bank...
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Turkey’s crypto rules seen addressing licensing, taxation after boom
Crypto asset regulation expected in 2024Platform licensing and taxation seen as focusTurkey seeking to shed FATF grey-list statusCrypto booming amidst...
Egypt’s stumbling economy faces new pressures from Gaza crisis
Economy reeling from foreign currency shortageTourism and gas exports are sources of scarce dollarsGulf states may step up assistance -...
China’s central bank set to boost liquidity but keep policy rate steady
The headquarters of the People's Bank of China, the central bank, is pictured in Beijing, China, February 3, 2020. REUTERS/Jason...
China asks big banks to stagger and adjust dollar purchases – sources
U.S. Dollar and Chinese Yuan banknotes are seen in this illustration taken January 30, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing...
Argentina, in dollar love affair, agonizes over divorcing the peso
LONDON/BUENOS AIRES/NEW YORK, Sept 5 (Reuters) - María Barro, a 65-year-old domestic worker in Buenos Aires, buys a few dollars each month with her peso salary, a hedge against Argentina's persistent inflation now running at over 100% and a steady devaluation of the little-loved local peso.The peso currency is now in the crosshairs of the country's dark horse presidential front-runner, libertarian radical Javier Milei, who has pledged to eventually scrap the central bank and dollarize the economy, Latin America's third largest.Milei - facing a tight three-way battle with traditional political...
China’s sliding yuan could be next ‘black swan event’ for markets, hedge fund EDL says
Coins and banknotes of China's yuan are seen in this illustration picture taken February 24, 2022. REUTERS/Florence Lo/Illustration/File Photo Acquire...
Pakistan’s economic meltdown spurs more people to risk lives to reach Europe
KHUIRATTA, Pakistan-administered Kashmir, June 23 (Reuters) - Hameed Iqbal Bhatti had prospered over two decades working in Saudi Arabia, but...
FACTBOX Global investment banks rush to cut yuan forecasts
SHANGHAI, June 14 (Reuters) - Global investment houses have rushed to downgrade forecasts for the Chinese yuan after it weakened...
As economy worsens, Lebanese juggle dizzying rates for devalued pound
BEIRUT, March 19 (Reuters) - When Caroline Sadaka buys groceries in the Lebanese capital Beirut, she keeps her phone in...
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