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Black-market money changers are expected to return in Argentina following the governments recent rollout of currency controls in an attempt to quell the demand for foreign currency, the Financial Times reported on Sunday Sept. 8 . Weve seen this all before, a money changer tol <a href=https://www.cups-stanley-cups.ca>stanley cup canada</a> d FT. Its still nothing like the boom <of>black-market currency trading] under the last government, but logic suggests that this relative calm wont last much longer. The money changer said there is currently only about a 5 percent difference between the official and black market exchange rates, but that could reach 30 percent if demand for dollars increases.When Argentina President Mauricio Macri took office in December of 2015, he abolished strict currency controls. Although the move was applauded, it resulted in multiple exchange rates and a 50 percent gap between the official and black-market rates. Macri pledg <a href=https://www.stanley-germany.de>stanley de</a> ed reformation, but the economy has not improved and the country is now teetering on the edge of debt default. These currency controls are a bad sign for foreign investment, a foreign executive told the news outlet. He said he fears 8230; controls could get harsher, especially if Mr. Macris Peronist rival Alberto Fernndez wins the presidential elections in October as widely expected. They may be relatively light for now, but this is just the beginning. We dont know how this will end. But we do k <a href=https://www.stanley-germany.de>stanley de</a> now that once you start with currency controls, it can be hard to stop ?especially in Argenti Yvjs Hummingbad Malware Infects 10M Android Phones
A group of payment associations in the U.S. are collaborati <a href=https://www.stanleycup.pl>stanley polska</a> ng to launch the Center for Payments, a program focused on propelling the development of the nation payments industry.An announcement issued on Tuesday April 16 said ePayResources, EPCOR, MACHA, NEACH, PaymentsFirst, SHAZAM, Southern Financial Exchange, The <a href=https://www.stanley-cup.us>stanley cup</a> Clearing House Payments Authority, UMACHA, WACHA and WesPay are all participating in the initiative, which aims to combine their collective payments expertise and collaborate on ways to improve the ecosystem. The Center for Payments will generate actionable data and analysis that participating associations can use to further innovate and grow their solutions.The associations noted that smaller financial institutions can be particularly significant benefactors of the Center for Payments ; initiatives, as they often lack the resources to generate this level of industry analysis and insight on their own. The group also plans to engage with other industry players and rule-making bodies ?including The Clearing House, the Federal Reserve and NACHA聽?to further collaborate on indust <a href=https://www.stanleycup.fr>gourde stanley</a> ry analysis, and聽guide the direction of any changes in regulations and industry practices.Participants in U.S. payment systems frequently turn to trusted partners when investing in a new payment network or technology platform, said WesPay President and CEO, and inaugural Chair of the Center for Payments, Bill Schoch in a statement. This is a significant role |
