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| South Korea Inspects Six Banks Over Clients' Virtual Currency Accounts FILE PHOTO: Broken representations of the Bitcoin virtual currency, placed on a monitor that displays binary digits, are seen in this illustration picture, ... SEOUL (Reuters) - South Korea's financial regulator said on Monday it is jointly carrying out inspections on six local banks that offer virtual currency ...
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| Dollar clings above 3-1/2-months lows; loonie stands tall The U.S. currency has begun 2018 on the defensive, after the dollar index fell about 9.9 percent in 2017, its weakest performance since 2003. A synchronised global recovery has prompted other countries' central banks to start moving towards tighter monetary policy in recent months, helping bolster ...
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| Chinese yuan strengthens to new high against USD Monday BEIJING, Jan. 8 (Xinhua) -- The central parity rate of the Chinese currency, the renminbi or the yuan, strengthened to a new 20-month high against the U.S. dollar on Monday. The rate strengthened 83 basis points to 6.4832 against the U.S. dollar Monday, according to the China Foreign Exchange Trade ...
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| HSBC says the Australian dollar will fly this year as the RBA joins the normalisation party Of all the driver of currencies in the past few years, none have been as influential as shifts in central bank policy. Think the US dollar ahead of interest rate policy normalisation from the US Federal Reserve in 2014 or, more recently, the Canadian dollar and euro ahead of shifts in policy announced by the ...
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