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| Weak currency makes international study more expensive for Nigerians Nigerians studying in US universities are grappling with the effects of the falling value of the Nigerian currency, Naira. Those studying at the University of Illinois found themselves unable to pay their tuition fees and visa costs after the Naira plummeted in 2016, The Daily Illini reported. "They tell ...
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| Former Goldman Sachs Banker Brings Cryptocurrency To The Financial Mainstream A former Goldman Sachs banker plans to launch a digital currency platform this year that will make it easier for investors to short cryptocurrencies -- possibly moving the crypto market to the financial mainstream. Alex Grebnev, the former banker who worked at Goldman Sachs for 10 years in a variety of ...
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| Hedge funds gain another avenue to bet against bitcoin As institutional demand grows for cryptocurrencies, Genesis Global Trading is launching a digital currency lending business called Genesis Capital to enable investors to borrow bitcoin, ether and others for a fixed amount of time. One of the uses will be for investors who want to bet against bitcoin without ...
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| Looking for Reasons to Stay an EM Bull? Inflation's on Your Side The MSCI index of emerging-market currencies declined 0.7 percent in February as of 4 p.m. Singapore time on Wednesday, after rising 6.2 percent in the previous three months, while the Bloomberg Barclays EM local currency government debt index headed for its first monthly drop since October.
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| Anatomy of a bitcoin transaction: Buying a used Subaru In this Feb. 7, 2018, photo, a neon sign hanging in the window of Healthy Harvest Indoor Gardening in Hillsboro, Ore., shows that the business accepts bitcoin as payment. Purchases with bitcoin and other digital currencies remain rare relative to cash and credit cards. (AP Photo/Gillian Flaccus).
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| Performance of Iran's gold & currency markets on Feb. 28 The gold coin was traded in Iran at 15,550,000 rials (about $348.4 according to the currency rate in Iran's free market) on Feb.28. According to data on the website of the Tehran Gold and Jewelry Union, one gram of the 18-karat gold was priced at 1,477,070 rials (about $33.1), indicating a 0.52 percent ...
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| How to choose the best bitcoin or cryptocurrency exchange Dr. Bora Ozkan, assistant professor of finance at Temple University's Fox School of Business, an expert in capital markets, says that blockchain, the technology at the heart of bitcoin and similar currencies, is quite secure due to its decentralization, but that an individual exchange's systems for storing ...
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| Make A Smart Foreign Currency Choice For Shipping And Freight Forwarding Operations UK – WORLDWIDE – As a business that is involved with shipping and forwarding, it follows that you must have some dealings in foreign currencies. As such, you will certainly have a handle on some of the things to consider when it comes to managing the inherent risks of foreign exchange, but are you ...
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| Sterling drops after EU's Michel Barnier issues Brexit warning Sterling skidded below $US1.38 to its lowest in almost three weeks on Wednesday, after the EU's chief Brexit negotiator said a transition deal was not guaranteed and the prime minister said the EU's draft legal text would undermine Britain. The British currency extended losses to trade down as much as ...
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