The recent currency policy by India's Modi and Venezuela's Maduro are credited as one of the factors, as the leader of these two countries tried to replace the old currency notes.
Not exact matches
An inconclusive election result in Italy that raises the specter of
policy deadlock in the euro zone's third largest economy, appears to have stopped a stellar euro rally and could mark a turnaround in the
currency's
recent good fortunes, analysts said.
The ratings agency Moody's maintained the US's top - notch «Aaa» credit rating Thursday, saying, «The diversity, dynamism, and competitiveness of the US economy, along with the US dollar's status as the preeminent international reserve
currency and very large size and depth of the US Treasury market, offset rising fiscal pressures stemming from aging - related entitlement spending, higher debt - service payments, and
recent policy actions that will likely reduce future revenues and increase expenditures.»
The announcement follows up the
recent announcement of the Blockchain Alliance, when a wide variety of leading bitcoin start - ups have formed a partnership, meant to create the Alliance, which aims to help bitcoin start - ups, but also discuss regulatory
policies alongside with legal matters that concern digital
currencies with state institutions and banks.
Venezuelan citizens have been increasingly drawn to the benefits of Bitcoin in
recent years due to the country's
currency control
policies.