The SEC’s greenlighting of spot Bitcoin ETFs in early 2024 was a watershed. Spot ETFs such as iShares Bitcoin Trust (IBIT) and Fidelity Wise Origin Bitcoin Fund (FBTC) had tens of billions of assets ...

The question is no longer if the U.S. dollar's privileged position will end, but if it happens through careful preparation or catastrophic crisis. The post De-Dollarization Is Inevitable. The World ...

Turkey and China have extended their currency swap agreement to promote trade in local currencies and reduce reliance on the ...

ShareThe Special Adviser to Central Bank of Nigeria (CBN)’s Governor, Mr Anthony Ogufere, in this interview with BAYO AKOMOLAFE, speaks on Nigeria’s deal with China as it relates to transaction costs ...

Turkey and China have renewed a currency swap agreement, allowing their central banks to exchange as much as 189 billion liras ($4.8 billion) or 35 billion yuan over the next three years.

Pakistan needs to draw up a balanced foreign economic policy and clinch a currency swap agreement with Russia while tapping the European nation's huge potential and safeguarding local economic ...

BUENOS AIRES (Reuters) - China is on a crash course with the United States over a major Chinese currency swap deal with Argentina that has buffered the South American country's depleted foreign ...

Currency swap agreements allow two countries to exchange currencies at a pre-agreed rate, providing one another with liquidity in times of need. For Argentina, the swap line with China has been ...

The Reserve Bank of India (RBI) injected $10 billion through a currency or foreign-exchange swap auction on Friday, stepping up efforts to ease one of the worst liquidity deficits to hit the ...

Currency swaps are among the tools central banks deploy during periods of high volatility in the global financial system. These measures have the primary aim of stabilising the local currency ...

(Reuters) - U.S. companies with overseas operations are taking advantage of lower rates in euros to slash their debt funding costs and soften the blow of higher interest rates with a hedging ...

Nigeria has renewed its bilateral currency swap agreement with China, six years after the deal was initially struck between both countries. The Central Bank of Nigeria (CBN) and the People's Bank ...