Banks' forex income picnic extends over shilling woes
Top boys more than double their foreign exchange income in quarter to March.
Source: nation.africa
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Yen Firms on Policymaker Meeting, Dollar up After Debt Deal
LONDON/SINGAPORE—The yen strengthened on Tuesday on news of a meeting of Japan's finance ministry and central bank, while ...
Source: theepochtimes.com
Shanghai-based New Development Bank seeks to finance more infrastructure projects in local currency to avoid forex fluctuations
The New Development Bank (NDB), which funds infrastructure developments in emerging economies, is looking to finance more projects in local currency as a way of avoiding fluctuations in exchange rates, says its president, Dilma Rousseff.
Source: scmp.com
Ringgit weakens against US dollar in early session
KUALA LUMPUR, May 29 — The ringgit weakened against the US dollar in the early session on Monday amid the recent United States (US) debt ceiling impasse. At 9.01am, the local...
Source: malaymail.com
Currency | Rupee rises 6 paise to 82.54 against US dollar in early trade
On Friday, the domestic unit closed at 82.60 against the American currency
Kevin Mccarthy Joe Biden Anand James Market Strategist At Geojit Financial Services Republican House Speaker Kevin Chief Market Strategist
Source: telegraphindia.com
Dollar Nudges Lower as US Debt Ceiling Deal Dents Safe-Haven Appeal
LONDON—The dollar nudged lower on Monday, pulling back from six-month peaks against the yen as a U.S. debt ...
Source: theepochtimes.com
Bitcoin Trading System Impacts on the Businesses of Somalia
The emergence of Bitcoin as a new form of currency has revolutionized the way businesses operate. The use of Bitcoin as a mode of payment ha... | News Track
Source: newstracklive.com
Indias forex reserves decline over USD 6 billion in week ended May 19
Mumbai, May 26: Indias overall foreign exchange reserves declined USD 6.05 billion to USD 593.477 billion in the week that ended on May 19, 2023, data released by Reserve Bank of India on Friday showed.
Source: newkerala.com
Speculators boost yen shorts to most in a year as currency slips
While the interest rate differential has underscored the divergence in monetary policy and weighed on the yen, some strategists call it undervalued and suggest a reverse in the trend.
Source: japantimes.co.jp