Dominican peso

Globiance to Release New Widget Offering Easy Fiat-to-Crypto Trading

Retrieved on: 
Friday, April 21, 2023
Shekel, Transfer, Bitcoin, Ethereum, Tether, Binance Coin, Cardano, Litecoin, Dai, Wrapped Bitcoin, Stellar, Bitcoin Cash, Tezos, Maker, Enjin Coin, Basic Attention Token, Holo, Kyber Network, Numeraire, Singapore dollar, PIX, Wire, Kuwaiti dinar, Vernacular, Axie Infinity, Uruguayan peso, Polygon, SPEI, AFP, Dominican peso, Vietnamese đồng, Central African, AFD, Brave (web browser), Trade-weighted US dollar index, United States dollar, Mexican peso, PSE, Compound, United Arab Emirates, Cryptocurrency, Chilean peso, Polka dot, Dogecoin, Apple Pay

The widget is a simple and convenient solution designed to offer customers easy access to a wide range of payment methods, exchange, and currencies.

Key Points: 
  • The widget is a simple and convenient solution designed to offer customers easy access to a wide range of payment methods, exchange, and currencies.
  • The release of this new widget will enable the seamless conversion of traditional money into digital assets making it even easier to enter into the crypto market.
  • The Globiance widget is a simple and convenient way to access the crypto market, using a wide range of currencies, payment methods, and cryptocurrencies.
  • The combination of banking and crypto services makes Globiance a well-rounded platform designed with users in mind.

Central Bank of Dominican Republic Announces it Will Be Extending its NDF Program to International Participants in Local Bonds Market

Retrieved on: 
Wednesday, July 8, 2020
Banking, Professional services, Finance, Bond, Dominican peso, Foreign exchange market, Economy, Market risk, International taxation, Financial law

The Central Bank of Dominican Republic announced it would expand its non-delivery forward operations offering hedging opportunities to international investors with exposure to local Dominican pesos bonds, while preventing capital outflows that could put further pressure into the FX market.

Key Points: 
  • The Central Bank of Dominican Republic announced it would expand its non-delivery forward operations offering hedging opportunities to international investors with exposure to local Dominican pesos bonds, while preventing capital outflows that could put further pressure into the FX market.
  • The Bank declared this tool is an additional ammunition to intervene in the market, as it enhances the amount of dollars the Central Bank can use to support the Dominican peso.
  • Currently, the Central Bank maintains a strong international reserves position of US$7,142.5 million, equivalent to 9% of its economy GDP.
  • This unusual volatility in the FX market coupled with additional uncertainty related to electoral processes, led us to implement a hedging instrument for both local and international market participants.