Former FTX Chief Government Sam Bankman-Fried, who faces fraud costs over the collapse of the bankrupt cryptocurrency trade, leaves following a listening to at Manhattan federal courtroom in New York Metropolis, U.S. January 3, 2023. REUTERS/Andrew Kelly/File Picture Acquire Licensing Rights NEW YORK, Oct 19 (Reuters) – Cryptocurrency trade FTX’s former prime lawyer testified on Thursday that its founder Sam …
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Most Turkey depositors returned to forex after leaving lira scheme
U.S. dollar banknote is placed on Turkish Lira banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights Scheme protects deposits from FX depreciation Adopted in 2021 to halt lira crash After U-turn, Ankara wants to wind it down Bankers, data suggest most returned to dollars in Aug ISTANBUL, Sept 4 (Reuters) – Turkish depositors mostly …
Read More »Malawi ‘on course’ to restructuring $1.2 billion debt
BLANTYRE, Aug 27 (Reuters) – Malawi is on course to getting its $1.2 billion external debt with different lenders restructured to “sustainable levels”, its central bank said in a statement on Sunday. The bulk of the debt – $800 million – is contracted with Afriximbank, and repayments started in 2020, it said. The Reserve Bank of Malawi said in its …
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