Sentences with phrase «on national currencies»

Dubious government policies, rising global uncertainties and mistrust on national currencies have worked in unison to hike up the rate of Bitcoin and topple the yellow metal.
And the uniqueness of this system lies in the fact that while it brings the huge cost advantage of infrastructure based on a distributed blockchain, it is fully legal and based on a national currency — currently the Polish Zloty.
A sudden and unforeseen crackdown on the national currency led to months - long confusion and financial instability, leading to a period in which fatalities were recorded as people died out of exhaustion waiting in lines to withdraw cash.

Not exact matches

The leader of the Front National has pledged to hold a referendum on leaving the European Union and the single currency within six months of becoming president.
Gold bugs like Sprott have long warned about the impact of inflation, central bank policy measures and government spending on the value of fiat national currencies.
It started with the Swiss National Bank's (SNB) decision to unpeg its currency from the euro earlier this month, followed by a larger - than - expected bond - buying program from the European Central Bank (ECB) on January 22.
On Tuesday, The Intercept reported that Edward Snowden furnished documents which demonstrate that the National Security Agency (NSA) has kept a careful eye on digital currencies, including bitcoin, through codenamed projects like OAKSTAR and MONKEYROCKEOn Tuesday, The Intercept reported that Edward Snowden furnished documents which demonstrate that the National Security Agency (NSA) has kept a careful eye on digital currencies, including bitcoin, through codenamed projects like OAKSTAR and MONKEYROCKEon digital currencies, including bitcoin, through codenamed projects like OAKSTAR and MONKEYROCKET.
On March 19, 2018, the US Department of the Treasury issued guidance regarding virtual currency sanctions levied by its Office of Foreign Assets Control (OFAC), explaining that OFAC may add specific digital currency addresses to the Specially Designated Nationals (SDN) List.
Panelists also said that we are likely to see national fiat currency being represented with digital tokens on a blockchain ledger which will be transferrable through a digital wallet.
One more nation, South Africa, is making the first step of migration to a fully digital economy, speaking about offering their own national digital currency based on blockchain technology.
But Snaith warns that Trump's threats of punitive tariffs on countries engaging in unfair trade practices or currency manipulation could spark a trade war that would raise the risk of a national recession.
The currency - related fields on site now display member's national currency according to their geolocation.
On June 8, 2017, the Terrorism and Illicit Finance Subcommittee within the US House of Representatives» Financial Services Committee will hold a hearing entitled «Virtual Currency: Financial Innovation and National Security Implications.»
The franc has weakened to 1.20 against the euro for the first time since the Swiss National Bank ditched its cap on the currency in January 2015.
The National Bank of Hungary did acknowledge the benefits of virtual currencies, nodding to their anonymity, speed and ability to cut out intermediary financial institutions, though it went on to say that these strengths also posed «significant risks and problems».
The statement marked the first time the National Bank of Hungary has commented on bitcoin publically, and despite the fear, uncertainty and doubt these kinds of announcements can spread, the country's virtual currency users are choosing to view the news as a positive.
Perhaps the most interesting moment of the prestigious event transpired late in the afternoon when one attendee asked, «How core is solving identity to expanding digital currency or solving some of the frictions in our existing system, and how do you foresee an identity world that's based on a national or — in the US's case — subnational system working or integrating in a global financial system?»
The National Bank of Hungary issued a warning to its citizens about the potential dangers of virtual currencies on 19th February, calling the payment method «much riskier» than other electronic payment options such as credit cards.
At the moment, the $ PAC team and community are keen to focus on the hyperinflation problems of Venezuela's national currency Bolivar and to help the economic rehabilitation of Cucuta, Colombia.
The National Bank of Greece study was published Tuesday as Greece heads to new general elections on June 17, amid Europe - wide concern of broader financial turmoil if Greece's place in the single currency is threatened by a victory for an anti-austerity party.
The national Bank of Kazakhstan is considering a ban on the exchange of crypto currency for the national currency — Tenge, and mining for crypto currency, according to local service Sputnik.
He also hopes that bitcoin will replace national currencies, but it really depends on the fiscal policies of governments.
This is one of the first countries to provide clarity on how Bitcoin and other crypto currencies are interpreted by National governments today.
Home prices across Greater Vancouver, in British Columbia, are set to depreciate by 8.5 % year - over-year in 2017, dragged down by the recent Land Transfer Tax on Foreign Nationals and China's State Administration of Foreign Exchange imposing new, stricter requirements on currency conversions.
On the political front, «Denominating oil contracts in yuan would promote the use of China's currency in global trade, one of the country's key long - term goals as an alternative to the dollar — making this even more appealing to sanctions - threatened countries relying on the dollar,» Ramady wrote in The NationaOn the political front, «Denominating oil contracts in yuan would promote the use of China's currency in global trade, one of the country's key long - term goals as an alternative to the dollar — making this even more appealing to sanctions - threatened countries relying on the dollar,» Ramady wrote in The Nationaon the dollar,» Ramady wrote in The National.
On June 2, 2017, Olga Skorobogatova, deputy governor of the Central Bank of the Russian Federation, revealed that the agency is working to create a national virtual currency.
After Monday's launch of the yuan - backed oil futures in Shanghai, there have been negotiation between Russia and China on mutual promotion of oil futures in national currencies, RIA Novosti reported.
BERN (Reuters)- Virtual currencies like bitcoin present no risks to monetary policy although investors should be aware of the dangers from big price swings, Swiss National Bank Chairman Thomas Jordan said on Thursday.
Equally, the inclusion of existing national currency denominations such as «cent», «nickel», «dime», «pence», «pound», «kopek» and so on are to be discouraged; this is a worldwide currency.
enezuela has offered India a 30 - percent discount on crude oil purchases, but only if India agrees to pay in El Petro, the cryptocurrency that Venezuela is touting as the first national digital currency backed by crude oil reserves.
Several researchers, including an official of the National Tax Agency, have discussed income taxation on virtual currency and not one of them opposes the taxation.
Tether is a cryptocurrency project focused on providing price stable assets on the Bitcoin blockchain that are pegged to the value of and backed by national currencies.
ATTACs principal focus areas at the moment are: the different forms of taxation of financial transactions, in particular the Tobin tax on currency speculation; the creation of new instruments for the regulation and control of finance at the national, European and international levels; the battle against tax havens and financial crime; and the demystification of pension funds.
Denmark's National bank has become the latest central bank to make a sudden move on monetary policy to help steer its currency down a certain path.
This, combined with the rise of Japan and the stagnant European economies, again focused the attention on ideas which had existed for some time: further integration of national European economies into an integrated common market, and even a joint currency.
The movement has no real political experience and Mr Grillo seems only interested in pandering to the electorate's gut - feelings, demanding on one hand a Federal Europe and on the another the return to a national currency.
The charges in part read: «That you Col. Mohammed Sambo Dasuki whilst being National Security Adviser and Shaibu Salisu, whilst being the Director of Finance and Administration in the Office of the National Security Adviser and Hon. Waripamowei Dudafa (now at large) whilst bring Senior Special Assistant, Domestic Affairs to the President on or about 27th November within the jurisdiction of this Honourable Court entrusted with dominion over certain properties to wit: the sum of N10billion being part of the funds in the account of the National Security Adviser with the CBN, the equivalent of which sum you received from the CBN in foreign currencies to wit: $ 47million and $ 5.6 million Euros committed criminal breach of trust in respect of the said property when you claimed to have distributed same to the Peoples Democratic Party (PDP) Presidential Primary Election delegates and you thereby committed an offence punishable under Section 315 of the Penal Code Act, Cap 532, Vol.4, LFN 2004.
The 2017 budget was to ensure confidence in the economy — Ken Ofori - Atta 10:52 The cedi remains relatively stable against he major currencies — Ken Ofori - Atta 10:51 Interest rate in 2017 continue to decline — Ken Ofori - Atta 10:50 Inflation continue to decline in 2017 — Ken Ofori - Atta 10:48 We have returned to a robust growth after 2016 recorded the worst growth in three decades — Ken Ofori - Atta 10:47 The call to relieve our country and people from a wretched existence is urgent — Ken Ofori - Atta 10:45 The should not simply be a statement to share the national cake between different groups but it should capture how a nation comes together to meet the challenges of our time — Ken Ofori - Atta 10:45 We plan on providing opportunities as many Ghanaians as possible.
Taking on the ministers of finance, budget and national planning, the party called for their resignation «having failed to provide the much needed capacity in the management of the nation's economy resulting in the embarrassing crashing of the nation's currency to as low as N305 to a dollar».
Speaking to Citi News, one of the residents said, «can you imagine assembly rented a building to the national investment bank; 10.5 billion old currency and we don't know what the money was used for; so we are calling on President Mahama to sack him or else we will vote against him.»
On the need to restore the value of the national currency, Dr Nduom said that would not be a short - term enterprise but «a long - term consistently applied policy and related practical measures to make this happen».
(36) But however personal the film, Santa Sangre still bears a smattering of political critique, whether in the American stars - and - stripes splashed around the gringo circus, the emblematic eagle symbolising American currency instead of Mexican national identity (as on the Mexican flag), starving slum dwellers feeding off the waste (a dead elephant symbolising Christ) of the gringo circus, the syncretic Santa Sangre church being destroyed by Catholic officials and greedy developers, etc..
Significant currency brokers relied on the Swiss National Bank to keep its currency peg in place.
If all Eurozone nations collectively give up on the Euro, and it ceases to exist, after a period where national currencies float against the Euro to determine breakup value, that would be a good thing.
On January 15, 2015, when the Swiss National Bank eliminated its currency's Euro - peg, the value of that currency moved 30 % in minutes, wiping out many currency traders in what were thought to be low - risk arbitrage - like investments.
70,000 contracts on the first day It led to the start of the first currency futures trading at the National Stock Exchange (NSE) in India launched by the Finance Minister at that time, P Chidambaram.
«AIDS, A Community in Crisis,» Jamaica Arts Center, Jamaica, NY, 1991 «Language: Body and Dream,» PS 122, New York, NY, 1991 «1991 Biennial Exhibition,» Whitney Museum of American Art, New York, NY, 1991; catalogue «We Interrupt Your Regularly Scheduled Programming,» White Columns, New York, NY, 1991 «Interrogating Identity, Grey Art Gallery and Study Center,» New York, NY 1991; traveled to the Museum of Fine Arts, Boston, MA; Walker Art Center, Minneapolis, MN; Madison Art Center, WI; Center for the Fine Arts, Miami, FL; Allen Memorial Art Museum, Oberlin College, Oberlin, OH; catalogue «Positions of Authority,» Art in General, New York, NY, 1991 «Color Theory,» Amelie A Wallace Gallery, State University of New York at Old Westbury, Old Westbury, NY, 1991 «Text Out of Context,» SoHo Center, New York, NY, 1991 «New Work,» PS 122, New York, NY, 1991 «Spent: Currency, Security and Art on Deposit,» The New Museum of Contemporary Art at Marine Midland Bank, New York, NY, 1991 «Works on Paper,» Selena Art Gallery,» Long Island University, Brooklyn, NY, 1991 «Rutgers National «90: Works on Paper, Stedman Art Gallery,» Camden, NJ, 1991; brochure «Art of Resistance,» El Bohio, New York Public Mirror, Art against Racism, The Clocktower Gallery, New York, NY, 1991
National, 2017, US currency edges, acrylic paint, indelible ink, overproof white rum, and used cash register drawers on wood panel, 174.6 × 144.1 × 11.4 cm
Many of the pledges were made in countries» national currencies, meaning the overall value alters depending on the exchange rate.
The programme was supposed to apply «temporarily» but without an explicit limitation in time, and allowed both national central banks and the ECB to buy on the secondary market eligible marketable debt instruments issued by the central governments or public entities of the Member States whose currency is the Euro; as well as on the primary and secondary markets eligible marketable debt instruments issued by private entities incorporated in the Euro area.
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