Keywords: Currency
Remittances sent by Moroccans living abroad continued to grow in 2026, reaching 89.2 billion dirhams by the end of August, according to provisional figures from Morocco’s Office des Changes. The amount represents a 9% increase compared with the same period a year earlier. The latest figure compares......
South Korea is taking another step toward opening its currency market to international investors by testing a new settlement system designed to allow transactions in the Korean won around the clock. The initiative, led by the Bank of Korea, is part of a broader effort to modernize the country’s......
A clandestine smartphone trade in Morocco is drawing renewed attention over the way imported devices are allegedly financed, transported and distributed outside official commercial channels. According to reporting published by Assabah for its September 19–20 weekend edition, specialized networks......
Russia has entered a new phase in the development of its digital currency, with the broad rollout of the digital ruble beginning on September 1, 2026. The central bank-backed payment instrument is now being positioned as a third form of the national currency alongside physical cash and conventional money......
India’s foreign exchange reserves have reached a new record, rising by nearly $45 billion in a single week and strengthening the country’s external financial position. Data released by the Reserve Bank of India (RBI) showed that total reserves climbed to $785.7 billion in the week ending......
The dirham experienced a slight decline against major currencies during the last week of August. According to data from Bank Al-Maghrib (BAM), the national currency depreciated by 0.9% against the US dollar and by 0.2% against the euro between August 27 and September 2, 2026. This development comes as......
Iranian oil exports are facing an unprecedented situation. For nearly seven weeks, no significant volume of Iranian crude has reportedly left the country through the Strait of Hormuz, according to information available as of September 1, 2026. This interruption occurs in the context of an American naval......
While Washington asserts that economic pressure is increasingly weakening Tehran, the Iranian central bank aims to project confidence. Its governor claims that the country has enough foreign currency reserves and is prepared to inject up to $2 billion into the market to mitigate recent tensions on the......
The Central Bank of Russia has presented the official logo of the digital ruble, marking another step in the country’s preparations for the broader rollout of its central bank digital currency. The new symbol combines the ruble sign with a circular design featuring the bank’s distinctive......
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