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| Odds of Indonesia Rate Hike Increase as Currency Tumbles The Indonesian currency along with the Philippine peso and Indian rupee are among the underperformers among developing economies globally this year. With U.S. 10-year Treasury yields breaching 3 percent on Tuesday, the rupiah faced renewed selling pressure. The rupiah fell as much as 0.2 ...
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| Croda International's revenues clipped by currency moves Currencies took the gloss off trading at Croda International PLC (LON:CRDA) in the latest three months. Foreign exchange movements have been important for the chemicals group and constant currency growth of 2.6% to March became a 2.7% decline after the forex adjustment.
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| Michelin Q1 revenue falls 6.3% on currency swing PARIS — Weighed down by an unfavorable currency exchange swing in the past several months, Group Michelin reported a 6.3-percent drop in sales revenue for the three months ended March 31. The drop was compounded by a 2.3-percent drop in unit volumes, which Michelin attributed to "massive" ...
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