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Australia’s central bank believes it will take a significant and sustained tightening in the labor market to lift inflation to more comfortable levels, a tough task that could take years to achieve. Australia’s central bank says tighter labor market will lift inflation (cnbc.com)
A body representing cryptocurrency and blockchain stakeholders in Nigeria has joined other crypto industry players in assailing the recent Central Bank of Nigeria (CBN) directive to banks. The CBN order, which seeks snuff out crypto entities from the banking system, took effect on February 5, 2020. Nigeria Crypto Ban: Stakeholder Body, Politicians Assail Central Bank’s Directive to Financial Institutions – Emerging Markets Bitcoin News
Indonesia’s central bank is seen trimming its benchmark rate for the first time this year on Thursday, on top of the five rate cuts it has delivered since the start of the coronavirus pandemic, according to a majority of analysts in a Reuters poll. Indonesia’s central bank seen making this year’s first rate cut | The Star
As cryptocurrencies increasingly go mainstream, pressure is growing on the world’s biggest central banks to move forward with their plans to issue digital cash and fend off private sector threats to traditional money. Bitcoin’s mainstream charge raises stakes for central bank digital cash – Technology – Dunya News
| Currency pairs | Exchange Rate as of 4:15 pm 8 February 2021(1) | As of 12:23 am EST Exchange Rate as of 16 February 2021(2)(3) | |
| AUD/USD | 0.7656 | 0.7803 | |
| USD/CAD | 1.2781 | 1.2619 | |
| USD/CNY | 6.4664 | 6.4542 | |
| EUR/USD | 1.2035 | 1.2139 | |
| USD/INR | 72.8500 | 72.6320 | |
| GBP/USD | 1.3714 | 1.3939 | |
| USD/JPY | 105.4400 | 105.5800 | |
| USD/MXN | 20.1300 | 19.9410 | |
| USD/DKK | 6.1785 | 6.1255 | |
| USD/NOK | 8.5428 | 8.3658 | |
| BTC/USD | 45,471.7000 | ||
| ETH/USD | 1,683.8900 |
16 February 2021
Alton Drew, Consiglieri 