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Foreign exchange market: A new era of transparency, accountability
The impact of this initiative is already being felt. The introduction of the Electronic Foreign Exchange Matching System (EFEMS) in December 2024 has improved market transparency and efficiency ...
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Introduction of new universal currency to speed up dollar’s phaseout — economist
TASS/. The abandonment of settlements in dollars between states is gaining momentum, but it would be greatly accelerated if countries outside the Western bloc agree on a universal currency.