CBDCs are designed to be equivalent in value to a nation’s paper currency and subject to the same government-backed guarantees. In addition to printing money, central banks can issue CBDCs as a digital representation of a country’s fiat currency. … [Read more...] about Mastercard launches central bank digital currencies (CBDCs) testing platform
Denmark currency to euro
Ronaldo at the double, France see off Croatia in World Cup final repeat
Southgate can use that distraction and a lack of match fitness ahead of the start to the Premier League season on Saturday as excuses for the Three Lions' lack of sharpness going forward, in sharp contrast to their free-scoring form in qualifying for Euro 2020 prior to the coronavirus shutdown. … [Read more...] about Ronaldo at the double, France see off Croatia in World Cup final repeat
VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 8
Amid the Covid-19 pandemic, the global investment flow is likely to contract by 40% in 2020, but in Vietnam, newly registered capital has risen 6.6% and the number of new FDI projects inched up over 22% during the pandemic, Do Nhat Hoang, head of the ministry’s Foreign Investment Agency (FIA), said while addressing a dialogue on FDI attraction held today, September 4. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 8
Vietnam enjoys large trade surplus in August thanks to Samsung Note 20 exports
In terms of exchange rate, in August, central rate and actual exchange rate quoted at commercial banks moved in opposite directions. While the central rate decreased by VND13 (0.06 per cent), the actual rate at commercial banks increased slightly by VND9 (0.04 per cent). Thus, compared to the end of 2019, the central rate by the end of August increased by 0.2 per cent while the exchange rate at commercial banks was almost unchanged. … [Read more...] about Vietnam enjoys large trade surplus in August thanks to Samsung Note 20 exports
Vietnam’s forex reserves at all-time high of $92bn: gov’t
The dollar was recently under pressure to depreciate against other currencies while August was the peak month of Vietnam’s exports, leading to stable supply and demand of the foreign currency in Vietnam, according to the SSI Securities Corporation. … [Read more...] about Vietnam’s forex reserves at all-time high of $92bn: gov’t
