Business
South Korea and Japan shared “serious concerns” on the recent weakness of their currencies against the dollar and agreed to take “appropriate actions” to...
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All posts tagged "forex"
Business
The yen hit a 34-year low against the dollar on Wednesday, just over a week after the Bank of Japan announced a much-anticipated interest...
World
Iraq, fighting a booming currency black market, has considerably increased overseas dollar transactions through the official global SWIFT system, the Central Bank vice governor...
Business
Egypt secured an extra $5 billion in IMF loans on Wednesday, the two sides said, after the central bank hiked interest rates and allowed...
Business
The Bank of England on Thursday held its key interest rate at 5.25 percent, a day after the Federal Reserve also froze borrowing costs...
Business
The Bank of England was expected Thursday to keep its interest rate on hold for a second successive meeting, as Britain battles stubbornly high...
Business
Kenya’s central bank chief has said that the country’s currency, currently trading at record lows, has been overvalued for several years. The Kenyan shilling...
Business
The Kenyan shilling sank to a new all-time low of 150 to the dollar on Monday, adding to the woes of people already battered...
Business
Argentina’s election campaign was marked by heated exchanges Wednesday as the incumbent president pressed charges against frontrunner candidate Javier Milei for dissing the national...
Business
The US dollar broke through the symbolic 1,000 peso mark on Argentina’s parallel market on Tuesday, as citizens scramble to dump the currency two...