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| Bitcoin Price Watch: Currency on the Verge of Hitting $9400 Bitcoin is now trading for just under $9,400. This is a near $200 spike from yesterday's $9,200, which in turn, was a solid increase over bitcoin's previous position of $8,800. The total cryptocurrency market cap has now surged beyond $420 billion, and investors are breaking out the champagne. One of ...
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| World's central banks just can't quit on currency intervention SAO PAOLO: History shows that central banks rarely stem a currency's long-term decline simply by spending foreign-exchange reserves. Yet not stepping in at all can prove far worse. That's the argument used by authorities in Brazil, Indonesia and most recently Argentina to explain why it makes sense ...
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| THE RUPEE: steady trend INTER-BANK MARKET RATES: In the final Asian trade, the dollar held near a 3-1/2-month high against a basket of currencies on Friday as higher US yields prompted an unwinding of short positions in the currency while the euro was hampered by a dovish tone from the European Central Bank.
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| Putting Your Bitcoin Investments to Work Its reputation as a legitimate currency is growing, due in part to rising interest from institutional investors. This year has seen the launch of many crypto funds from the banking and investment communities which has given the market a new level of respectability. At the same time, Bitcoin value continues ...
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| US bond factor weighs on ringgit Correlations between oil prices and ringgit broken due to Bank Negara's measure to support the currency. FACTORS besides uncertainties surrounding the general election are weighing on the ringgit, which should have strengthened with rising oil prices. Election jitters are pre-eminent given that the ...
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