currency

Iraq will trade with China in yuan

Published on: February 23, 2023
11:10

Beijing, Feb 23 (Prensa Latina) The Central Bank of Iraq is preparing conditions to use the yuan in trade with China, a decision that supports the importance of this currency as an alternative in international business, the Global Times reported today.

Croatia switches to euro, enters passport-free Schengen zone

Published on: January 1, 2023
10:28

Zagreb, Jan 1 (Prensa Latina) Croatia on Sunday has officially adopted the euro as its new official currency, becoming the 20th European Union member state to do so.

Insecurity, main case for Haiti’s currency devaluation

Published on: August 4, 2022
09:24

Port-au-Prince, Aug 4 (Prensa Latina) Insecurity is the main cause of the depreciation of the national currency and inflation that are currently affecting Haiti, said economist Thomas Lalime, who predicts that the situation will worsen in the near future.

Lebanon’s currency reaches historic minimum devaluation

Published on: January 6, 2022
09:52

Beirut, Jan 6 (Prensa Latina) Lebanon's currency has reached a historic minimum devaluation, with an exchange rate of 30,000 Lebanese pounds for one dollar.

Russia and India pay arms supplies with national currencies

Published on: December 7, 2021
09:15

Moscow, Dec 7 (Prensa Latina) The general director of the Russian state enterprise Rosoboronexport, Alexander Mikheyev, reported today that his country and India use rubles and rupees in their business transactions related to arms supplies.

Finance minister after currency devaluation in Turkey

Published on: December 2, 2021
10:30

Ankara, Dec 2 (Prensa Latina) Turkish President Recep Tayyip Erdogan appointed Nureddin Nebati as the new Finance Minister following the resignation of Lutfi Elvan in the midst of a sharp currency devaluation, a communiqué said today.

New Venezuelan currency is a strategy against economic warfare

Published on: October 1, 2021
11:47

Caracas, Oct 1 (Prensa Latina) The entry into force of a new currency, the digital bolivar, is the Venezuelan government's strategy to face the economic war waged by the United States and its allies, Vice President of Planning Ricardo Menendez stated on Friday.

Producing in Cuba sugarcane ripening saves foreign currency

Published on: September 2, 2021
11:07

Havana, Sep 2 (Prensa Latina) The production in Cuba of sugarcane ripening, Fitomas-M, allows the country save foreign currency by reducing imports of this product, a source from the sector affirmed on Thursday.

Fuel prices increase in South Africa

Published on: August 5, 2021
00:15

Pretoria, Aug 5 (Prensa Latina) Since Wednesday, South Africa has increased the retail prices of the main fuels, after a decision adopted by the Ministry of Energy.

Lebanon is threatened by social storm due to currency devaluation

Published on: June 28, 2021
12:01

Beirut, Jun 28 (Prensa Latina) The ongoing devaluation of the national currency on Monday threatens to cause a social storm in Lebanon, judging by the violent protests reported over the weekend, according to observers on Monday.

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