Latest News for: Currency default

Edit

Cardoso Decries Rising Global Public Debt, Says Nigeria’s Sovereign Obligations Stable

This Day 05 Mar 2024
Cardoso said there was also a noticeable move towards borrowing within domestic markets by issuing bonds in local currencies ... delays, defaults, and the necessity for debt restructuring,” he said.
Edit

German Health Minister Said We Need to Boost Healthcare in case of “military conflict”

Armstrong Economics 04 Mar 2024
But they intend to default on all outstanding debts. The CBDCs will be the new currency, and they get to restart everything and collect $200 for passing GO. This war would have been over in six weeks ... Our models all say the West loses ... ....
Edit

Limited Time Offer: Domain and Hosting Order PHP Script with Hosting Template - only $15

Web Hosting Talk 01 Mar 2024
○ Supports any currency symbol or name. You can define right and left currency symbols and currency code(for default and each payment gateways separately) ... It can be convert default currency to payment gateway's currency automatically.
Edit

CRH 2023 Full Year Results

The Eagle-Tribune 29 Feb 2024
Currency ... Currency ... Currency ... Currency ... The default payment currency is U.S ... The default payment currency for shareholders holding their Ordinary Shares in the form of Depository Interests is euro.
Edit

Alcon's Broad Portfolio Delivers Robust Sales and Earnings Growth in FY 2023

Tyler Morning Telegraph 27 Feb 2024
For the fourth quarter of 2023, sales were $2.3 billion, an increase of 8% on a reported basis and 10% on a constant currency basis (1), as compared to the same quarter of the previous year ... Constant currency is a non-IFRS measure.
Edit

Limited Time Offer: Domain and Hosting Ordering System with Hosting Template - only $15

Web Hosting Talk 23 Feb 2024
○ Supports any currency symbol or name. You can define right and left currency symbols and currency code(for default and each payment gateways separately) ... It can be convert default currency to payment gateway's currency automatically.
Edit

US rate hikes cut both ways: Why what used to cause the classic emerging-market crisis ...

Russia Today 23 Feb 2024
Demand among foreigners for US debt abroad was traditionally robust, and in any case the debt was in the country’s own currency, so there was never a risk of a currency mismatch or default.
Edit

Pakistan’s election chaos casts shadow on next IMF deal

Al Jazeera 23 Feb 2024
“Any delays due to politics or a staring contest between the next finance minister and the IMF is likely to rapidly fuel economic uncertainty, pressure on the currency and heightened default risk,” he told Al Jazeera.
Edit

Allianz Achieves Record Operating Profit and Shareholders’ Core Net Income

Enid News & Eagle 23 Feb 2024
(i) the general economic and competitive situation in the Allianz’s core business and core markets, (ii) the performance of financial markets (in particular market volatility, liquidity, and credit ...
Edit

China bond outperformance tells a bigger story

Asiatimes 22 Feb 2024
Beijing has made significant inroads into making the yuan a major reserve currency ... It was then that Xi won the yuan entry into the globe’s most exclusive currency club along with the dollar, euro, yen and the pound.
Edit

Sri Lanka repays $20m Iranian oil debt with tea

Naharnet 21 Feb 2024
The barter deal allows sanctions-hit Iran to avoid having to use up scarce hard currency to pay for imports of popular tea. It also allowed Sri Lanka to pay with tea, as the country was short of foreign currency.
Edit

Cash-strapped Sri Lanka partially pays off Iran oil debt with tea

Tamil Guardian 21 Feb 2024
The barter deal allows sanctions-hit Iran to avoid having to use up scarce hard currency to pay for imports of popular tea. It also allowed Sri Lanka to pay with tea, as the country was short of foreign currency.
Edit

Fitch assigns Tata Capital ‘BBB-’ rating with stable outlook

Business Line 21 Feb 2024
Fitch Ratings has assigned first-time long-term foreign and local currency issuer default ratings of ‘BBB-’ to Tata Capital with a stable outlook, driven by the ...
Edit

Tunisia’s new central bank chief faces challenging situation with IMF deal in limbo

The National 21 Feb 2024
Fitch downgraded Tunisia's rating further into junk territory and the country's long-term foreign currency issuer default rating was revised to 'CCC-' from 'CCC+', seven levels below investment grade.
Edit

African bond markets enter period of rebuilding

Business Ghana 19 Feb 2024
A rapid rise in debt is risky, particularly when the debt is denominated in a stronger and more stable currency than that of the issuer ... Previously sound countries defaulted, most notably Zambia and Ghana.

Most Viewed

Joe Biden, and his son Hunter arrive at Fort McNair, Sunday, June 25, 2023, in Washington
AP / Andrew Harnik
×