PBOC chief urges clarity on burden sharing for debt relief THE head of China’s central bank wants creditors engaged in debt restructurings for emerging market countries to agree on how […]
April 2024
Zimbabwe’s Introduction to a New Gold-Backed Currency Led to a Stock Market Slump
Zimbabwe’s New Currency Leads to a Stock Market Wipeout Earlier this month, Zimbabwe introduced a new gold (CM:XAUUSD)-backed currency, called the ZiG (Zimbabwe Gold). However, even a well-intentioned path to fiscal prudence […]
More than 138 billion dinars in “fines” imposed by the Iraqi Central Bank on banks and exchange companies
The Central Bank of Iraq announced on Tuesday that the fines imposed on banks and non-banking institutions (exchange companies) amounted to more than 138 billion Iraqi dinars during the past […]
