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...The inflation-driven buying spree is a repeat of 2022, when the same trend led Turkish stocks to a world-leading 110 per cent US dollar return....
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...“The BoI did a pretty good job defending levels beyond 4.00 per US dollar and the disclosure of central bank FX [currency] intervention firepower managed to suppress speculative short shekel flows,” said...
...He would face 110 years in prison if he received the maximum penalty on all counts on which he was convicted, although most defendants receive a lesser sentence....
...Letter in response to this article: UK cost of borrowing is higher for a reason / From J Paul Horne, Alexandria, VA, US...
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...August, down from a July reading of 114....
...Since presidential elections in 2021, the national currency has depreciated sharply against the dollar on the open market....
...A measure of the dollar’s strength against six other currencies slid 0.1 per cent....
...The tax exile built his reputation as a currency speculator when he, like George Soros, bet against the pound in the build-up to Black Wednesday in 1992....
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...The dollar index, a measure of the currency’s strength against a basket of six peers, gained 0.6 per cent....
...International sales were up 11 per cent in the period on a constant currency basis as distribution gains aided Sharwood’s cooking sauces and The Spice Tailor meal kits....
...the nascent and expanding digital currency industry....
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...Enria said this was in part down to the lack of cross-border competition across the single currency bloc....
...Eight local authorities in England in the past six years have had to issue so-called Section 114 notices, in effect declaring themselves insolvent....
...The single supervisory mechanism was created in 2014 to harmonise the supervision of banking across the currency bloc in response to the region’s sovereign debt crisis a decade ago....
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