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News Wire / economy

Coidu Limited Denies Narrative on Currency Pegging

BBC World Service London 15d Impact 5
CEO Dag Cramer of Coidu Limited has categorically denied a narrative suggesting the company profits from the falling value of the Leon currency. Cramer stated that much of the public narrative is convoluted and factually unfounded, including claims about pegging to the dollar.

Topics

currency business finance

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Sources · 7 independent

BBC World Service

“Coidu Limited categorically denies this. A lot of the narrative out there is convoluted, it's fake, it's wrong. This pegging to the dollar and so on is part of that narrative and there is no factual foundation for it.”

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