He said the offer provides to support the dollar-hungry Bank of Sudan with seven billion to relieve the acute shortage of hard currency
in the east African country.
They said that with Bitcoin continuing to rise, the cash-strapped regime is highly expected to step up its efforts to hack exchanges of digital currencies in a desperate bid to evade sanctions and eventually earn hard currency
The minister for Finance and Economic Planning, Mohamed Osman Rikkabi, told a press briefing following the meeting that was held at the republican palace and which was devoted to measures and measures to streamline the unruly hard currency
exchange, that a number of other decisions have been taken and policies on the long and short run adopted including halting purchase by any pubic company for hard currency
, and that the central bank of the Sudan would regulate any future demands.
Emerging Markets Hard Currency
Debt: a dollar denominated debt, non-benchmark focused, and diversified strategy across sovereign emerging markets globally.
The African Development Bank will help Nigeria to overcome its recession,but Nigeria should increase taxes and lift hard currency
curbs to ease the dollar shortages choking the economy, its President said.
Summary: Could economic pressure and a dearth of hard currency
tip Egypt over the edge?
Al-Gabaly added that exports, as an economic sector, is considered the most important source for providing hard currency
in Egyptian market, thus it deserves a suitable support.
Islamabad, Safar 29, 1437, December 11, 2015, SPA -- Pakistan's reserves of hard currency
have risen to $ 20.
Updahyay joins HSBC's emerging markets debt portfolio management team to focus primarily on hard currency
sovereign portfolios, along with hard and local currency benchmark portfolios.
Allaq said during a press conference held by the central bank today, "A lot of hard currency
fled to supporting terrorism and corruption countries, stressing that the central bank has taken new measures.
Toyota said it would soon halt production at its only assembly plant in Venezuela because the world's largest automaker lacks hard currency
to import parts due to government controls, reports AAP (Feb.
on countries that lack buffers such as hard currency
reserves or policy