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Egypt Urban Inflation Rate Drops as Currency Float Shock Eases Egypt's monthly urban inflation rate fell for the first time in more than two years as the impact of lifting currency controls eased. The month-on-month inflation rate came in at -0.2 percent in December, its lowest rate since November 2015, while the annual inflation rate eased to 21.9 percent from 26 ...
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SGX currency futures traded up 59% in 2017 on rupee, offshore renminbi contracts SINGAPORE - Trading activity in Singapore Exchange (SGX) currency futures shrugged off traditional year-end blues and spiked as 2017 drew to a close, the bourse operator said. The year's trading volume in currency futures rose to nearly 10 million contracts, a jump of 59 per cent on the previous year, ...
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Capturing cryptocurrency: Camera maker Kodak announces launch of its own digital currency ... The legendary camera maker of yesteryears, Kodak has decided to launch a cryptocurrency, especially for photographers. The initial coin offering (ICO) of the currency named KODAKCoin will open at the end of the month. The currency which will be launched in partnership with Wenn Digital will be part ... Kodak Launches Licensing Platform With Exclusive Bitcoin-like Camera Currency 'KODAKCoin ... - Fstoppers
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Pound Party Over After Currency's Charmed 2017, BNY Mellon Says Sterling's appreciation against the dollar in 2017 may not continue as last year's gains largely reflect weakness in the greenback and investors being wrong-footed by the Bank of England's hawkish turn, according to Neil Mellor, a currency strategist at BNY Mellon. With U.K. inflation expected to slow and ...
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Here's What China's Yuan Tinkering Means for the FX Market: Q&A Perhaps some recalled the move that roiled markets in August 2015 -- though that swoon happened not because the People's Bank of China introduced a new mechanism, but because it unexpectedly devalued the currency, spurring speculation China may further weaken. Tuesday's move was more ...
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SBV not to print small currency notes for Tết, says cash only for payment, not offerings HÀ NỘI — The State Bank of Việt Nam (SBV) has announced it will not be printing small currency notes for Tết (the Lunar New Year) this time too, the sixth straight year it has desisted from doing so. Speaking to the media on Monday, central bank officials said the decision not to issue new notes in ...
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Moody's assigns a Baa2 senior unsecured foreign currency debt rating to Interbank's expected ... New York, January 09, 2018 -- Moody's Investors Service has assigned today a Baa2 foreign currency senior unsecured debt rating to Banco Internacional del Peru - Interbank's (Interbank) expected issuance up to $800 million, with a maturity of up to 10 years. The notes will be governed under the laws ...
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ICCI voices concern over free fall currency It called upon the government to take urgent measures to bring stability to the value of domestic currency as the continuous fall in the value of rupee would bring imported inflation to the country and curtail domestic demand leading to further slowdown in the economic growth of the country. Sheikh Amir ...
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