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Currency Trading Begins In Idlib - Syria

Old Syrian banknotes sit on a counter at a currency exchange office in Idlib, Syria, on January 4, 2026. Exchange offices have begun replacing old banknotes with a new monetary issue following an announcement by the Central Bank of Syria. Photo by Omar Albaw/Middle East Images/ABACAPRESS.COM

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Currency Trading Begins In Idlib - Syria

An exterior view shows a currency exchange office in Idlib, Syria, on January 4, 2026. Exchange offices have begun replacing old banknotes with a new monetary issue following an announcement by the Central Bank of Syria. Photo by Omar Albaw/Middle East Images/ABACAPRESS.COM

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Currency Trading Begins In Idlib - Syria

An employee displays a newly issued 500-pound Syrian banknote at a currency exchange office in Idlib, Syria, on January 4, 2026. Exchange offices have begun replacing old banknotes with a new monetary issue following an announcement by the Central Bank of Syria. Photo by Omar Albaw/Middle East Images/ABACAPRESS.COM

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Currency Trading Begins In Idlib - Syria

Bundles of old Syrian banknotes are stacked on the floor of a currency exchange office in Idlib, Syria, on January 4, 2026. Exchange offices have begun replacing old banknotes with a new monetary issue following an announcement by the Central Bank of Syria. Photo by Omar Albaw/Middle East Images/ABACAPRESS.COM

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Currency Trading Begins In Idlib - Syria

An employee displays a newly issued 50-pound Syrian banknote at a currency exchange office in Idlib, Syria, on January 4, 2026. Exchange offices have begun replacing old banknotes with a new monetary issue following an announcement by the Central Bank of Syria. Photo by Omar Albaw/Middle East Images/ABACAPRESS.COM

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Currency Trading Begins In Idlib - Syria

A view shows an old Syrian 500-pound banknote (top) placed next to a newly issued one (bottom) at a currency exchange office in Idlib, Syria, on January 4, 2026. Exchange offices have begun replacing old banknotes with a new monetary issue following an announcement by the Central Bank of Syria. Photo by Omar Albaw/Middle East Images/ABACAPRESS.COM

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Currency Trading Begins In Idlib - Syria

Customers stand at counters at a currency exchange office in Idlib, Syria, on January 4, 2026. Exchange offices have begun replacing old banknotes with a new monetary issue following an announcement by the Central Bank of Syria. Photo by Omar Albaw/Middle East Images/ABACAPRESS.COM

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Currency Trading Begins In Idlib - Syria

An employee displays a fan of newly issued Syrian banknotes at a currency exchange office in Idlib, Syria, on January 4, 2026. Exchange offices have begun replacing old banknotes with a new monetary issue following an announcement by the Central Bank of Syria. Photo by Omar Albaw/Middle East Images/ABACAPRESS.COM

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Currency Trading Begins In Idlib - Syria

An employee counts old 2,000-pound Syrian banknotes at a currency exchange office in Idlib, Syria, on January 4, 2026. Exchange offices have begun replacing old banknotes with a new monetary issue following an announcement by the Central Bank of Syria. Photo by Omar Albaw/Middle East Images/ABACAPRESS.COM

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Currency Trading Begins In Idlib - Syria

An employee displays a newly issued 25-pound Syrian banknote at a currency exchange office in Idlib, Syria, on January 4, 2026. Exchange offices have begun replacing old banknotes with a new monetary issue following an announcement by the Central Bank of Syria. Photo by Omar Albaw/Middle East Images/ABACAPRESS.COM

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Currency Trading Begins In Idlib - Syria

An employee displays a newly issued 100-pound Syrian banknote at a currency exchange office in Idlib, Syria, on January 4, 2026. Exchange offices have begun replacing old banknotes with a new monetary issue following an announcement by the Central Bank of Syria. Photo by Omar Albaw/Middle East Images/ABACAPRESS.COM

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Currency Trading Begins In Idlib - Syria

An employee displays a newly issued 10-pound Syrian banknote at a currency exchange office in Idlib, Syria, on January 4, 2026. Exchange offices have begun replacing old banknotes with a new monetary issue following an announcement by the Central Bank of Syria. Photo by Omar Albaw/Middle East Images/ABACAPRESS.COM

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Currency Trading Begins In Idlib - Syria

An employee arranges newly issued Syrian banknotes on a counter while customers stand behind a glass barrier at a currency exchange office in Idlib, Syria, on January 4, 2026. Exchange offices have begun replacing old banknotes with a new monetary issue following an announcement by the Central Bank of Syria. Photo by Omar Albaw/Middle East Images/ABACAPRESS.COM

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Currency Trading Begins In Idlib - Syria

An employee displays a newly issued 200-pound Syrian banknote at a currency exchange office in Idlib, Syria, on January 4, 2026. Exchange offices have begun replacing old banknotes with a new monetary issue following an announcement by the Central Bank of Syria. Photo by Omar Albaw/Middle East Images/ABACAPRESS.COM

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Currency Trading Begins In Idlib - Syria

Bundles of newly issued 100-pound Syrian banknotes are seen at a currency exchange office in Idlib, Syria, on January 4, 2026. Exchange offices have begun replacing old banknotes with a new monetary issue following an announcement by the Central Bank of Syria. Photo by Omar Albaw/Middle East Images/ABACAPRESS.COM

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Currency Trading Begins In Idlib - Syria

Newly issued Syrian banknotes are arranged on a counter next to a calculator at a currency exchange office in Idlib, Syria, on January 4, 2026. Exchange offices have begun replacing old banknotes with a new monetary issue following an announcement by the Central Bank of Syria. Photo by Omar Albaw/Middle East Images/ABACAPRESS.COM

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Currency Trading Begins In Idlib - Syria

An employee displays a fan of newly issued Syrian banknotes at a currency exchange office in Idlib, Syria, on January 4, 2026. Exchange offices have begun replacing old banknotes with a new monetary issue following an announcement by the Central Bank of Syria. Photo by Omar Albaw/Middle East Images/ABACAPRESS.COM

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Currency Trading Begins In Idlib - Syria

Bundles of old Syrian banknotes are stacked on the floor of a currency exchange office in Idlib, Syria, on January 4, 2026. Exchange offices have begun replacing old banknotes with a new monetary issue following an announcement by the Central Bank of Syria. Photo by Omar Albaw/Middle East Images/ABACAPRESS.COM

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Currency Trading Begins In Idlib - Syria

An employee counts newly issued Syrian banknotes while customers stand behind a glass barrier at a currency exchange office in Idlib, Syria, on January 4, 2026. Exchange offices have begun replacing old banknotes with a new monetary issue following an announcement by the Central Bank of Syria. Photo by Omar Albaw/Middle East Images/ABACAPRESS.COM

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Currency Trading Begins In Idlib - Syria

An employee sits next to stacks of new Syrian banknotes at a currency exchange office in Idlib, Syria, on January 4, 2026. Exchange offices have begun replacing old banknotes with a new monetary issue following an announcement by the Central Bank of Syria. Photo by Omar Albaw/Middle East Images/ABACAPRESS.COM

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Currency Trading Begins In Idlib - Syria

An employee counts newly issued Syrian banknotes at a currency exchange office in Idlib, Syria, on January 4, 2026. Exchange offices have begun replacing old banknotes with a new monetary issue following an announcement by the Central Bank of Syria. Photo by Omar Albaw/Middle East Images/ABACAPRESS.COM

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Nikkei index hits closing high

Stock monitors at a currency trading company in Tokyo shows the 225-issue Nikkei Stock Average hitting a new all-time closing high on Jan. 6, 2026.

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Senior Japan finance ministry official on exchange market

Japanese Vice Finance Minister for International Affairs Masato Kanda meets the press in Tokyo on July 11, 2024, after the U.S. dollar's plunge against the yen in New York the same day. Japan's top currency diplomat Kanda told reporters he would not comment on whether authorities intervened in the currency market.

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Senior Japan finance ministry official on exchange market

Japanese Vice Finance Minister for International Affairs Masato Kanda meets the press in Tokyo on July 11, 2024, after the U.S. dollar's plunge against the yen in New York the same day. Japan's top currency diplomat Kanda told reporters he would not comment on whether authorities intervened in the currency market.

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Senior Japan finance ministry official on exchange market

Japanese Vice Finance Minister for International Affairs Masato Kanda (far R) meets the press at the Finance Ministry building in Tokyo on July 12, 2024, after the U.S. dollar's plunge against the yen in New York overnight. Japan's top currency diplomat Kanda told reporters he would not comment on whether authorities intervened in the currency market.

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JAPAN-TOKYO-JAPANESE YEN-U.S. DOLLAR-EXCHANGE RATE

(240627) -- TOKYO, June 27, 2024 Photo by Xinhua/ABACAPRESS.COM) -- A bus passes an electronic screen showing the real-time exchange rate of the Japanese yen against the U.S. dollar in Tokyo, Japan, June 27, 2024. The U.S. dollar rose as high as 160.88 yen in New York, marking the Japanese currency's weakest level since December 1986 and surpassing 160.24 yen hit on April 29, a level that prompted Japan to intervene by buying the yen for the U.S. currency. Photo by Xinhua/ABACAPRESS.COM/Zhang Xiaoyu)

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JAPAN-TOKYO-JAPANESE YEN-U.S. DOLLAR-EXCHANGE RATE

(240627) -- TOKYO, June 27, 2024 Photo by Xinhua/ABACAPRESS.COM) -- A man walks past an electronic screen showing the real-time exchange rate of the Japanese yen against the U.S. dollar in Tokyo, Japan, June 27, 2024. The U.S. dollar rose as high as 160.88 yen in New York, marking the Japanese currency's weakest level since December 1986 and surpassing 160.24 yen hit on April 29, a level that prompted Japan to intervene by buying the yen for the U.S. currency. Photo by Xinhua/ABACAPRESS.COM/Zhang Xiaoyu)

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JAPAN-TOKYO-JAPANESE YEN-U.S. DOLLAR-EXCHANGE RATE

(240627) -- TOKYO, June 27, 2024 Photo by Xinhua/ABACAPRESS.COM) -- A man walks past an electronic screen showing the real-time exchange rate of the Japanese yen against the U.S. dollar in Tokyo, Japan, June 27, 2024. The U.S. dollar rose as high as 160.88 yen in New York, marking the Japanese currency's weakest level since December 1986 and surpassing 160.24 yen hit on April 29, a level that prompted Japan to intervene by buying the yen for the U.S. currency. Photo by Xinhua/ABACAPRESS.COM/Zhang Xiaoyu)

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JAPAN-TOKYO-JAPANESE YEN-U.S. DOLLAR-EXCHANGE RATE

(240627) -- TOKYO, June 27, 2024 (Xinhua) -- A man walks past an electronic screen showing the real-time exchange rate of the Japanese yen against the U.S. dollar in Tokyo, Japan, June 27, 2024. The U.S. dollar rose as high as 160.88 yen in New York, marking the Japanese currency's weakest level since December 1986 and surpassing 160.24 yen hit on April 29, a level that prompted Japan to intervene by buying the yen for the U.S. currency. (Xinhua/Zhang Xiaoyu)

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JAPAN-TOKYO-JAPANESE YEN-U.S. DOLLAR-EXCHANGE RATE

(240627) -- TOKYO, June 27, 2024 (Xinhua) -- A bus passes an electronic screen showing the real-time exchange rate of the Japanese yen against the U.S. dollar in Tokyo, Japan, June 27, 2024. The U.S. dollar rose as high as 160.88 yen in New York, marking the Japanese currency's weakest level since December 1986 and surpassing 160.24 yen hit on April 29, a level that prompted Japan to intervene by buying the yen for the U.S. currency. (Xinhua/Zhang Xiaoyu)

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JAPAN-TOKYO-JAPANESE YEN-U.S. DOLLAR-EXCHANGE RATE

(240627) -- TOKYO, June 27, 2024 (Xinhua) -- A man walks past an electronic screen showing the real-time exchange rate of the Japanese yen against the U.S. dollar in Tokyo, Japan, June 27, 2024. The U.S. dollar rose as high as 160.88 yen in New York, marking the Japanese currency's weakest level since December 1986 and surpassing 160.24 yen hit on April 29, a level that prompted Japan to intervene by buying the yen for the U.S. currency. (Xinhua/Zhang Xiaoyu)

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Egypt expects 2 bln USD in revenue from expat customs-free car import initiative

STORY: Egypt expects 2 bln USD in revenue from expat customs-free car import initiative SHOOTING TIME: June 20, 2024 DATELINE: June 21, 2024 LENGTH: 00:00:58 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of Egyptian Finance Minister Mohamed Maait 2. various of an Egyptian port 3. various of new cars STORYLINE: Egyptian Finance Minister Mohamed Maait said on Thursday that the applications registered by expats, with an aim of benefiting from the zero-customs car import initiative, push expectations to about 2 billion U.S. dollars in revenue. The minister said that more than 250,000 "import approvals" have been issued, and over 35,000 imported cars have been released so far. The initiative allows expatriates to bring one personal-use vehicle to Egypt without incurring customs duties or taxes, including the value-added tax (VAT). Egyptians living abroad should make a five-year bank deposit in foreign currency. After five years, expatriates can withdraw their money in Egyptian pounds accor

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India's forex reserves fall to 646.67 bln USD

STORY: India's forex reserves fall to 646.67 bln USD SHOOTING TIME: Archives DATELINE: June 2, 2024 LENGTH: 00:01:21 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of the Reserve Bank of India 2. various of banks 3. various of a market STORYLINE: India's foreign exchange (forex) reserves dropped by over 2 billion U.S. dollars during the week ended May 24, the country's central bank, the Reserve Bank of India, said in a weekly bulletin on Friday. The forex reserves stood at 646.67 billion dollars, a drop after gaining a total of 10.8 billion dollars in the previous three weeks, The Hindu newspaper said in a report. The country's foreign currency assets stood at 567.499 billion dollars, while the gold reserves stood at 56.713 billion dollars, said the central bank bulletin. Xinhua News Agency correspondents reporting from New Delhi. (XHTV)

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Zimbabwe cracks down on illegal money traders to stabilize new currency ZiG

STORY: Zimbabwe cracks down on illegal money traders to stabilize new currency ZiG SHOOTING TIME: May 15, 2024 DATELINE: May 18, 2024 LENGTH: 0:03:08 LOCATION: Harare CATEGORY: ECONOMY SHOTLIST: 1. various of streets, money traders, new ZiG currency 2. SOUNDBITE 1 (English): ZVIKOMBORERO SIBANDA, Zimbabwean economist 3. various of people with ZiG currency and U.S. dollar 4. SOUNDBITE 2 (English): ZVIKOMBORERO SIBANDA, Zimbabwean economist 5. various of shops 6. SOUNDBITE 3 (Shona): BRIAN PHIRI, Harare resident 7. SOUNDBITE 4 (Shona): NOREEN CHIROMBO, Street vendor STORYLINE: Illegal currency traders have disappeared on the streets of Zimbabwe's capital Harare as authorities crack down on illegal money-trading in a bid to maintain the value of the new Zimbabwe Gold (ZiG) currency. The Reserve Bank of Zimbabwe (RBZ) on April 5 introduced the new gold-backed ZiG, replacing the Zimbabwean dollar, which had been ravaged by inflation. The ZiG is part of a basket of currencies accepted as legal tender in

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ZIMBABWE-HARARE-CURRENCY-ILLEGAL TRADE-CRACKDOWN

(240516) -- HARARE, May 16, 2024 (Xinhua) -- A person shows a new currency Zimbabwe Gold banknote in Harare, Zimbabwe, on May 15, 2024. Illegal currency traders have disappeared on the streets of Zimbabwe's capital Harare as authorities crack down on illegal money-trading in a bid to maintain the value of the new Zimbabwe Gold (ZiG) currency. (Photo by Shaun Jusa/Xinhua) TO GO WITH Roundup: Zimbabwe cracks down on illegal money traders to stabilize new currency ZiG

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ZIMBABWE-HARARE-CURRENCY-ILLEGAL TRADE-CRACKDOWN

(240516) -- HARARE, May 16, 2024 (Xinhua) -- A person shows a new currency Zimbabwe Gold banknote in Harare, Zimbabwe, on May 15, 2024. Illegal currency traders have disappeared on the streets of Zimbabwe's capital Harare as authorities crack down on illegal money-trading in a bid to maintain the value of the new Zimbabwe Gold (ZiG) currency. (Photo by Shaun Jusa/Xinhua) TO GO WITH Roundup: Zimbabwe cracks down on illegal money traders to stabilize new currency ZiG

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Zimbabwe's new gold-backed currency enters circulation amid high inflation

STORY: Zimbabwe's new gold-backed currency enters circulation amid high inflation SHOOTING TIME: April 30, 2024 DATELINE: May 2, 2024 LENGTH: 00:06:43 LOCATION: Harare CATEGORY: ECONOMY SHOTLIST: 1. various of ZiG currency notes 2. SOUNDBITE 1 (English): MUTSA MUTEVE, Local resident 3. various of ZiG coins, people counting coins, and a man buying water from a vendor using coins 4. SOUNDBITE 2 (English): LETWIN CHIMANGA, Local resident 5. various of people on the streets 6. SOUNDBITE 3 (English): KUNASA MUSAKURA, Local resident 7. various of people outside a local bank, a man holding ZiG notes and counting the notes 8. SOUNDBITE 4 (English): PROSPER CHITAMBARA, Economic analyst 9. various of people with new notes 10. SOUNDBITE 5 (English): PROSPER CHITAMBARA, Economic analyst 11. various of people with new notes STORYLINE: Zimbabwe's new ZiG notes and coins began circulating on Tuesday, marking a significant step in the country's monetary reform to curb inflation just three weeks after the electronic form o

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ZIMBABWE-HARARE-NEW CURRENCY-CIRCULATION

(240430) -- HARARE, April 30, 2024 (Xinhua) -- A man uses new currency Zimbabwe Gold banknotes to buy drink outside a bank in Harare, Zimbabwe, on April 30, 2024. Zimbabwe's new ZiG notes and coins began circulating on Tuesday, marking a significant step in the country's monetary reform to curb inflation just three weeks after the electronic form of the currency started trading. (Photo by Shaun Jusa/Xinhua) TO GO WITH Economic Watch: Zimbabwe's new gold-backed currency enters circulation amid high inflation

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ZIMBABWE-HARARE-NEW CURRENCY-CIRCULATION

(240430) -- HARARE, April 30, 2024 (Xinhua) -- People exchange new currency Zimbabwe Gold banknotes outside a bank in Harare, Zimbabwe, on April 30, 2024. Zimbabwe's new ZiG notes and coins began circulating on Tuesday, marking a significant step in the country's monetary reform to curb inflation just three weeks after the electronic form of the currency started trading. (Photo by Shaun Jusa/Xinhua) TO GO WITH Economic Watch: Zimbabwe's new gold-backed currency enters circulation amid high inflation

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ZIMBABWE-HARARE-NEW CURRENCY-CIRCULATION

(240430) -- HARARE, April 30, 2024 (Xinhua) -- A woman shows a new currency Zimbabwe Gold banknote outside a bank in Harare, Zimbabwe, on April 30, 2024. Zimbabwe's new ZiG notes and coins began circulating on Tuesday, marking a significant step in the country's monetary reform to curb inflation just three weeks after the electronic form of the currency started trading. (Photo by Shaun Jusa/Xinhua) TO GO WITH Economic Watch: Zimbabwe's new gold-backed currency enters circulation amid high inflation

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ZIMBABWE-HARARE-NEW CURRENCY-CIRCULATION

(240430) -- HARARE, April 30, 2024 (Xinhua) -- People queue to withdraw new currency Zimbabwe Gold outside a bank in Harare, Zimbabwe, on April 30, 2024. Zimbabwe's new ZiG notes and coins began circulating on Tuesday, marking a significant step in the country's monetary reform to curb inflation just three weeks after the electronic form of the currency started trading. (Photo by Shaun Jusa/Xinhua) TO GO WITH Economic Watch: Zimbabwe's new gold-backed currency enters circulation amid high inflation

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ZIMBABWE-HARARE-NEW CURRENCY-CIRCULATION

(240430) -- HARARE, April 30, 2024 (Xinhua) -- A man shows new currency Zimbabwe Gold banknotes outside a bank in Harare, Zimbabwe, on April 30, 2024. Zimbabwe's new ZiG notes and coins began circulating on Tuesday, marking a significant step in the country's monetary reform to curb inflation just three weeks after the electronic form of the currency started trading. (Photo by Shaun Jusa/Xinhua) TO GO WITH Economic Watch: Zimbabwe's new gold-backed currency enters circulation amid high inflation

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Yen briefly drops past 160 level vs USD in volatile trading

STORY: Yen briefly drops past 160 level vs USD in volatile trading SHOOTING TIME: Archives DATELINE: April 30, 2024 LENGTH: 00:01:30 LOCATION: Tokyo CATEGORY: ECONOMY SHOTLIST: 1. various of street view in Tokyo STORYLINE: The Japanese yen briefly dropped to a new 34-year low in the 160 level against the U.S. dollar on foreign exchange markets on Monday morning. It marked the first time since April 1990 that the U.S. dollar has topped the 160 yen line. Monday is a national holiday in Japan, but trading remained very volatile as the Japanese currency began reversing its trajectory in the afternoon, strengthening to the 155 level. Some market participants suspected that Japanese authorities may have stepped into the currency market to stem the yen's dive. A senior Finance Ministry official declined to comment on the yen's sharp rise, Kyodo News reported on Monday. The Japanese currency also fell to around 171 against the euro at one stage, its lowest level since euro was introduced in 1999. Xinhua News

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Top currency official

Vice Japanese Finance Minister for International Affairs Masato Kanda meets the press in Tokyo on April 29, 2024, after the dollar turned sharply down against the yen following its surge to a new 34-year high above 160 yen, unleashing speculation that the government intervened in the currency market.

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Top currency official

Vice Japanese Finance Minister for International Affairs Masato Kanda meets the press in Tokyo on April 29, 2024, after the dollar turned sharply down against the yen following its surge to a new 34-year high above 160 yen, unleashing speculation that the government intervened in the currency market.

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Top currency official

Vice Japanese Finance Minister for International Affairs Masato Kanda meets the press in Tokyo on April 29, 2024, after the dollar turned sharply down against the yen following its surge to a new 34-year high above 160 yen, unleashing speculation that the government intervened in the currency market.

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Dollar turns down after topping 160 yen

Financial monitors at a currency trading company in Tokyo show the dollar sinking to the upper 156 yen level on April 29, 2024, after hitting a new 34-year high above 160 yen earlier in the day.

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Dollar steady against yen in Tokyo

Financial monitors at a currency trading company in Tokyo show the U.S. dollar at the upper 154 yen level on the morning of April 23, 2024, after hitting a new 34-year high of 154.85 yen in New York overnight.

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Dollar tops 154 yen

Financial monitors at a currency trading company in Tokyo show the dollar rising to a new 34-year high above 154 yen.

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India's forex reserves rise to 648.562 bln USD

STORY: India's forex reserves rise to 648.562 bln USD SHOOTING TIME: April 10, 2024 DATELINE: April 13, 2024 LENGTH: 00:01:02 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of the India Gate 2. various of building of the Reserve Bank of India 3. various of market STORYLINE: India's foreign exchange (forex) reserves further rose by 2.98 billion U.S. dollars to 648.562 billion U.S. dollars in the week ended April 5, according to the weekly statistics issued by the country's central bank the Reserve Bank of India (RBI) on Friday. This was the seventh consecutive week when India's forex reserves moved upwards. The foreign currency assets, a key component of the forex reserves, rose by 549 million U.S. dollars to 571.166 billion U.S. dollars during the cited period, showed the RBI data. Meanwhile, the gold reserves rose by 2.398 billion U.S. dollars to 54.558 billion U.S. dollars. Xinhua News Agency correspondents reporting from New Delhi. (XHTV)