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These aim for tighter CBN control over the parallel market. The CBN is also seeking to stabilise the currency through bond issuances, cryptocurrency crackdowns and other schemes.
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DOI: 10.1108/OXAN-DB286045
ISSN: 2633-304X
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The market capitalisation of crypto assets has fallen below USD1tn, from USD3tn in November 2021. FTX's collapse has reminded investors that the market is driven by speculation…
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DOI: 10.1108/OXAN-DB274622
ISSN: 2633-304X
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The proposals identified areas where the euro could potentially become more dominant, such as the issuance of green bonds, digital currencies, and international trade in raw…
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DOI: 10.1108/OXAN-DB259761
ISSN: 2633-304X
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From an average closing value of INR30.6mn (around USD 374,000) in February 2022, the digital coin's value fell to an average of INR16.38mn by January 2023. This slump reflects…
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DOI: 10.1108/OXAN-DB275665
ISSN: 2633-304X
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In early February, Presidents Xi Jinping and Vladimir Putin announced a strategic partnership “without limits”, and the Chinese government has maintained a broadly supportive…
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DOI: 10.1108/OXAN-DB268691
ISSN: 2633-304X
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The two countries have turned to each other amid increasing isolation from international banking systems, export markets, and foreign resources and technologies. Deepening their…
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DOI: 10.1108/OXAN-DB278339
ISSN: 2633-304X
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Prospects for China in 2023.
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DOI: 10.1108/OXAN-DB274289
ISSN: 2633-304X
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Cryptocurrency use could help counter US trade sanctions and offer Cuba a back door to international financial structures. Government plans nevertheless appear underdeveloped, and…
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DOI: 10.1108/OXAN-DB262299
ISSN: 2633-304X
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Government spending cutbacks due to falling oil revenues have underscored Malaysia's deepening economic malaise. Weak export demand and tightening credit could keep growth for…