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© Reuters. FILE PHOTO: Paramilitary police officers stand guard in front of the headquarters of the People's Bank of China, the Central Bank (PBOC), in Beijing, China September 30, 2022. REUTERS/Tingshu Wang SHANGHAI/SINGAPORE…

The Central Bank of Zimbabwe introduced this gold-backed digital currency to combat the volatility of its national currency. In a notice on Thursday, May 4, the Reserve Bank of Zimbabwe (RBZ) invited financial institutions and…

Gold companies operating in China increased their production levels during the first quarter of 2023. According to industry reports, the Chinese gold industry was able to restore its extraction levels, reaching the numbers it…

2/2 © Reuters. A note won by South Korea is seen in this illustration photo on May 31, 2017. REUTERS/Thomas White/Illustration/File Photo 2/2 SEOUL (Reuters) - The central banks of South Korea and Indonesia signed a memorandum of…

breadcrumb links PMN Business Article author: Posted May 01, 2023 • 3 minutes to read Article content SINGAPORE - Asian stocks fluctuated amid cautious trade on Tuesday, while the dollar was strong ahead of…

Just a year after launching a legal tender for bitcoin, the Central African Republic (CAR) has abandoned plans to revitalize its country. Why?This is an op-ed by Jonathan Buck, founder of JB &…

© Reuters. Investing.com - The US dollar was on alert in early European trade on Tuesday, as traders braced for a more hawkish stance from the European Central Bank from the Federal Reserve ahead of policy-setting meetings next…

Central Bank of Zimbabwe Governor John Mangudia recently revealed that his institution plans to introduce a gold-backed digital currency. According to the governor, the soon-to-be-launched gold-backed digital currency is expected to…

The Russian Central Bank attributed the recent decline in the ruble against the US dollar to a temporary decline in “sales of foreign exchange earnings by exporters.” The Central Bank also revealed that the Chinese Yuan accounts for…

Economy The Central Bank of Kuwait rejects gold while central banks scramble for the metal Friday 07 April 2023 Kenya has moved away from buying gold for the country's reserves. file image | Clash Kenya has moved away from…