Syria’s central bank has flown in fresh banknotes from Russia to alleviate a severe shortage of cash that has left its economy struggling to function.

Sterling rose to its strongest level against the dollar this year on Friday, after UK GDP data earlier this week sweetened ...

Syria's central bank announced the arrival of Syrian currency from Russia, where it was printed during Bashar al-Assad's regime. The new central bank governor aims to avoid printing more pounds due to ...

But that has sparked concerns about liquidity in Syrian pounds. The central bank only has foreign exchange reserves of around $200 million in cash, sources told Reuters, a huge drop from the $18.5 ...

Sterling jumped on Thursday after data showed the British economy unexpectedly grew in the final quarter of last year, offering some respite from an otherwise downbeat economic outlook. The pound rose ...

NET INFLOWS of foreign direct investment (FDI) into the Philippines slumped in November, preliminary data from the central ...

NEW YORK/GDANSK >> The yen touched an eight-week high versus the dollar today after a Bank of Japan policy board member advocated continued interest rate hikes, while sterling slid as the Bank of ...

In the 17th century, when the monetary system was in turmoil due to the Civil War, many tradesmen made their own money, known as tokens. In the Basingstoke area some 13 tokens of different designs ...

During the early 1980s, the US dollar was very strong, and fiscal deficits were rising. The Plaza Accord in September 1985 ...

The Bundesbank Executive Board reported that there have been fraud cases that involve counterfeit €100 bank notes that were ...

The US dollar is the preeminent reserve currency in the world representing 57% of global foreign exchange reserves. When it comes to exports, the US dollar is currently used in 54% of invoices and ...

BAGUIO CITY — A total of P685.6 billion worth of banknotes were retired by the Bangko Sentral ng Pilipinas (BSP) in 2024 as these were no longer fit for circulation, the central bank reported Friday.