Yard Currency News Today

The yen surged back to 155-160 per dollar in a few hours

ALBAWABA – Investor service firm Moody’s downgraded Egypt’s credit rating and sent the country’s dollar bonds plummeting on Friday, but later bounced ba

(Bloomberg) -- Russia’s central bank will offload 150 billion rubles ($1.5 billion) of foreign exchange in the domestic market this month, temporarily accelerating its previously planned sales to meet some demand for hard currency from a repayment of Eurobonds.Most Read from BloombergChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsReturn-to-Office Is a $1.3 Trillion Problem Few Have Figured OutBillion-Doll...

The curse of August has struck again in Russia. The long-awaited currency crisis has finally hit as a collapse in usable energy revenues bleeds the Kremlin dry, and the slow damage of G7 sanctions eats away at the country’s economic foundations.

(Bloomberg) -- The slump in Russia’s ruble shows little sign of abating amid high currency outflows and worsening foreign trade conditions as sanctions over the war in Ukraine take their toll on the economy.Most Read from BloombergEveryone Wants to Work at UPS After Teamsters DealWeWork Tumbles After Raising ‘Substantial Doubt’ About FutureWall Street WhatsApp, Texting Fines Exceed $2.5 BillionUS Bank Shares Drop as Moody’s Cuts Ratings, Warns on RisksTesla CFO Kirkho...

NCBA Group — with regional operations in Rwanda, Uganda and Tanzania — reaped the most from forex trading.

PGIM has added a sixth strategy to its emerging market debt UCITS suite, offering investors access to a range of hard currency opportunities

People leaving Cuba can no longer change their local bills back into dollars, euros or other other hard currency at the official exchange rate under a new policy announced this week. The government closed the airport departure lounge exchange booths that had allowed travelers to change up to $300 at the official rate of 24 Cuban pesos to the dollar — about double the black market rate inside the country. The state's Cadeca exchange company said the measure was due to a drastic drop...