Keywords: Exchange
The United Nations has welcomed the recently announced three-day ceasefire between Russia and Ukraine, while urging both sides to work toward a comprehensive and lasting peace agreement. In a statement released through his spokesperson, Antonio Guterres praised the temporary truce and expressed support......
Nearly 100,000 Bitcoin have left three of the world's largest cryptocurrency exchanges in less than three months, draining more than 8 billion dollars in liquidity and pulling reserves down to levels not seen since late 2023. The exodus, driven by institutional accumulation and long-term holder activity,......
ABB India reported a fourth consecutive quarterly decline in profit as rising raw material prices, foreign exchange volatility, and higher operational expenses continued to pressure the company’s margins. The engineering and technology firm announced that profit from continuing operations fell......
Morocco's capital markets delivered an uneven performance in the first quarter of 2026, with March trading activity picking up sharply even as several key indicators remained in negative territory for the year. The contrast between rising transaction volumes and declining valuations reflects cautious......
Two of Morocco's most prominent retail groups have announced plans to merge, marking a significant consolidation in the country's distribution sector. Label'Vie S.A. and Retail Holding S.A. have formally disclosed their intention to combine through an absorption operation, creating a unified......
Cryptocurrency exchange operator Bullish has announced plans to acquire global transfer agent Equiniti in a deal valued at $4.2 billion, according to a statement released on Tuesday. The transaction marks one of the largest moves by a crypto-related company into traditional financial infrastructure. Deal......
Morocco’s Office des changes has initiated a nationwide training campaign to support the rollout of a new unified foreign exchange platform, marking a significant step in the country’s financial digitalization efforts. The initiative, launched in mid-April, is designed to prepare currency......
Japan is reported to have intervened heavily in the foreign exchange market, spending more than 30 billion dollars to support the yen as it weakened against the US dollar, according to local media reports. The intervention, estimated at around 5,000 to 6,000 billion yen (approximately 32 to 38 billion......
Attijari Payment and Africa-Exchange signed a partnership agreement on April 28 in Casablanca to accelerate electronic payment adoption in Morocco's currency exchange sector. The deal targets manual foreign exchange operations and currency transactions handled by Africa-Exchange, an economic interest......
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