Latest News for: Currency default

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Fitch Ratings Confirms Azerbaijan's Rating At 'BB+' With Positive Outlook

MENA FN 01 Apr 2023
(MENAFN - Trend News Agency) BAKU, Azerbaijan, April 1. Fitch Ratings, the international rating agency, has confirmed Azerbaijan's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BB+' ... .
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Exporters to face liens if they don’t bring back proceeds by April end

Dawn 01 Apr 2023
KARACHI. The State Bank of Pakistan (SBP) on Friday set an April 30 deadline for exporters to bring back their delayed proceeds or face deductions ... Despite the serious need for the dollars as the country was facing a default-like situation, the exporters kept waiting for further devaluation of the local currency to get maximum benefits ... .
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Allianz Appoints Leadership for Allianz Commercial Key Markets

Algeria Times 01 Apr 2023
(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 events), (iii) adverse publicity, regulatory actions or litigation with ...
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Opinion: We must make Congress act on federal debt

Enterprise Journal 31 Mar 2023
In fact, as my friend, Luther Munford who also occasionally writes in this space, pointed out, Section 4 of the 14th Amendment forbids the government from defaulting on its debt ... Default likely would mean the other two, important reserve currencies, the Euro and Chinese renminbi, would replace the dollar as the main reserve currencies.
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Russia makes payment on sovereign debt

Russia Today 31 Mar 2023
The payments were made under the mechanism that enables transactions in rubles that was introduced last June, in response to Western sanctions and US attempts to prevent Russia from making debt payments in foreign currency ... The mechanism has allowed Russia to pay its foreign-currency debt obligations on time.
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Hong Kong's economy to rebound by 4% in 2023: Fitch

China.dot.org 31 Mar 2023
Calling the region's credit fundamentals strong, Fitch affirmed Hong Kong's long-term foreign-currency issuer default rating at "AA-" with a stable outlook ... In terms of currency stability, Fitch said it sees low risk to Hong Kong's linked exchange rate system with the U.S. dollar ... .
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Carillon Tower Advisers named 2023 U.S. Refinitiv Lipper Fund Awards Best Fixed Income Small ...

Eagle-Tribune 31 Mar 2023
Foreign investments present additional risks due to currency fluctuations, economic and political factors, government regulations, differences in accounting standards and other factors ... Mortgage- and Asset-Backed Securities are subject to prepayment risk and the risk of default on the underlying mortgages or other assets.
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Domain and Web Hosting Order PHP Script + Responsive Web Hosting Template: $15 /one time

Web Hosting Talk 30 Mar 2023
It supports over 700 domain extensions, 27+ online payment gateways, multi-currency with auto exchanger ... ○ 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.
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Hong Kong's economy to rebound by 4 pct in 2023: Fitch

Xinhua 30 Mar 2023
Calling the region's credit fundamentals strong, Fitch affirmed Hong Kong's long-term foreign-currency issuer default rating at "AA-" with a stable outlook ... In terms of currency stability, Fitch said it sees low risk to Hong Kong's linked exchange rate system with the U.S. dollar ... ■. Hong Kong's economy to rebound by 4 pct in 2023. Fitch. .
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Fitch Ratings Revises Qatar's Long-Term Foreign-Currency Issuer Default Rating Outlook to Positive

MENA FN 30 Mar 2023
(MENAFN) Global credit rating agency Fitch Ratings has revised the outlook on Qatar's Long-Term Foreign-Currency Issuer Default Rating (IDR) to positive from stable and affirmed the IDR at 'AA-' ... .
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Argentinians struggle as inflation exceeds 100%

Business Day 30 Mar 2023
“The situation is complex. Salaries are very low, things are very expensive ... Argentinians are battling through a painful economic crisis with annual inflation at 102.5% and expected to climb further, strict capital controls warping the peso’s value, and tumbling foreign currency reserves raising fears about future defaults ... Reuters .
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Metal worker, soccer coach, honey salesman: three jobs to beat Argentina's 100% inflation

Reuters 30 Mar 2023
"The situation is complex. Salaries are very low, things are very expensive ... Argentinians are battling through a painful economic crisis with annual inflation at 102.5% and expected to climb further, strict capital controls warping the peso's value, and tumbling foreign currency reserves raising fears about future defaults ... Our Standards.
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Metal worker, soccer coach, honey salesman: three jobs to beat Argentina’s 100% inflation

FX Empire 30 Mar 2023
By Miguel Lo Bianco and Lucila Sigal ... “The situation is complex ... Argentinians are battling through a painful economic crisis with annual inflation at 102.5% and expected to climb further, strict capital controls warping the peso’s value, and tumbling foreign currency reserves raising fears about future defaults ... Advertisement ... Sign Up ... Latest Articles.
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Debt limit barely discussed in Powell meeting with House GOP members

Fox31 Denver 29 Mar 2023
Hern added that there was no message from Powell expressing concern about the fallout from a default ... I think it's obvious that when you are the currency of the world, you cannot not pay your debt holders ... Each leader has accused the other of inching toward financial catastrophe in the event of a default or last-minute action ... .
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Fitch Revises Qatar's Outlook From Stable To Positive, Affirms Rating At 'AA-'

MENA FN 29 Mar 2023
(MENAFN - Gulf Times) Global credit rating agency Fitch Ratings revised the Outlook on the State of Qatar's Long-Term Foreign-Currency Issuer Default Rating (IDR) to Positive from Stable and ... .

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