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3 currency hedging lessons learned

CFO Dive

Bank’s Paula Comings still advises companies to revisit their hedging policies. Though the U.S. dollar has trended weaker since hitting a two-decade high in September, U.S.

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Latin America Adopts Dual Currencies

Global Finance

During his campaign, Argentine President Javier Milei promised to close the countrys central bank and adopt the dollar as the countrys currency. According to Leoni, dollarization should be a temporary solution, as the main economic problems are not solved by controlling only the currency emissions.

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Mastercard Leads New Central Bank Digital Currency Test Platform

PYMNTS

Mastercard has announced a new virtual testing platform for Central Bank Digital Currencies (CBDCs). The testing tool comes as the global economy embraces digital payments and central banks investigate how to support innovation while maintaining financial stability as they issue the currency. In a Wednesday (Sept.

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Bahamas Launches Digital Sand Dollar; Adds To Rise Of Central Bank Digital Currencies

PYMNTS

But the race is still on for central banks to develop their own digital versions of fiat to take their place alongside bills and coins. To that end, the Bahamas may stand out as an epicenter of sorts for the rise of central bank digital currencies (CBDCs). Central Banks Around the World Eye CBDCs.

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GW Platt Foreign Exchange Bank Awards 2025: FX Tech Global Winners

Global Finance

Comprehensive FX management integrates tools, analytics, and AI to mitigate currency risks. A comprehensive foreign exchange (FX) exposure management strategy combines tools and techniques to identify, measure, and manage currency risks, empowering businesses to confidently navigate the complexities of the global marketplace.

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Fed, Central Banks Frame Criteria For Digital Currency

PYMNTS

The Federal Reserve is collaborating with seven central banks and the Bank for International Settlements (BIS) to hammer out a framework for digital currency. . The central banks working with the BIS include the European Central Bank, the Swiss National Bank and Bank of Japan.

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World’s Safest Banks 2024: Country Winners

Global Finance

Now they must adjust as central banks turn the tables. The common thread running through this year’s country winners is the resilience they demonstrated during a period of higher interest rates linked to central bank efforts to tame rising inflation. That means banks face a different set of challenges and opportunities.

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