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| Don't Be So Downbeat on the Loonie, Top Currency Forecasters Say The loonie will strengthen to C$1.25 by the end of the year, according to a median of forecasts compiled by Bloomberg. And hedge funds and other speculators last month turned bearish on the currency for the first time since July, according to the data from the Commodity Futures Trading Commission.
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| IBITx Software Launches Crypto Currency Exchange Software for Financial Service Providers NEW YORK, April 09, 2018 (GLOBE NEWSWIRE) -- IBITX Software Inc (OTCMKTS:IBXS) is proud to announce the launch of the White Label IBITx Crypto currency exchange software for licensing to Financial Service Providers, Brokerage Houses, Institutions, and jurisdictions where Crypto-Currency ...
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| Declare all crypto-currency-related income, says SARS "The onus is on taxpayers to declare all crypto-currency-related taxable income in the tax year in which it is received or accrued. Failure to do so could result in interest and penalties," the taxman says. Crypto-currencies are gaining massive traction in SA and globally, as Bitcoin's value surged ...
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| China Is Studying Yuan Devaluation as a Tool in Trade Spat While Trump regularly bashed China on the campaign trail for keeping its currency artificially weak, the yuan has gained about 9 percent against the greenback since he took office and has been steady in recent weeks despite an escalation of trade tensions between the world's two largest economies.
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| Gatwick and Heathrow airports earn £75 MILLION from foreign currency exchanges And some currency firms claim that the high rental costs force them to charge higher exchange rates than travellers can get online or on the high street. In 2016, Heathrow earned £50million from rents paid by the foreign exchange companies, while Gatwick picked-up £24million. Their annual reports ...
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| Rial renews record low against US dollar amid fears on Trump's withdrawal from Iran nuclear deal If the U.S. exits the agreement, the Iranian currency could collapse even further and reach 70,000 to the dollar," said the exchange dealer. The head of the central bank, Valiollah Seif, and Economy Minister Masoud Karbasian were summoned to parliament to discuss the issue last Monday. Long queues ...
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| Angola's currency continues to lose value against the euro The Angolan currency, the kwanza, has again depreciated against the euro, losing another 1.027% in the latest currency auction conducted by the National Bank of Angola, according to information published on the central bank's website. At last Thursday's session, where the Angolan central bank ...
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| Japanese investors dump record amount of US bonds in February TOKYO (Reuters) - Japanese investors sold a record amount of U.S. dollar bonds in February as the soaring cost of currency-hedging undercut yields while they extended their purchases of euro-denominated bonds, government data showed on Monday. Investors sold 3.924 trillion yen ($36.68 billion) ...
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