Virtual
currencies are of great interest to many different businesses these days.
Not exact matches
Because most wealthy Chinese seem to think about RMB in terms
of USD or Hong Kong dollars, it
is the fear that any depreciation
of the RMB against those two
currencies (the Hong Kong dollar
is pegged to the USD through a modified
currency board)
greater than the couple
of percentage points
interest rate differential would yield less than equivalent USD or Hong Kong dollar bonds.
Barry Silbert, CEO
of Digital
Currency Group, argued that the securities laws in place since the
Great Depression may need to
be updated in light
of the growing
interest in cryptocurrencies.
I should take a quote from «Equities Market Outlook in 2017» issued by Afrinvest reported in the media under the headline «Multiple Exchange Rates Stall Foreign Inflow into Nigerian Equities» in January 2017, «Our interactions with several foreign investors with
interests in Nigeria suggest that a decision to stake any position in the Nigerian market will
be a function
of currency liquidity and a
greater certainty on their ability to repatriate capital anytime they divest.
This
is a topic
of great currency and considerable
interest to higher education leaders.