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Currency trading volumes hit record highs in first quarter After volatility spiked during a sudden sell-off across financial markets in January and February, price swings have returned to lower levels, with the biggest currencies notably quiet. Market participants say April has been a quiet month so far, with currencies mostly shrugging off rising geopolitical ...
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All guns blazing on the currency front A devaluation of the dollar will trigger counterblows from Japan and Europe aimed at preventing their own currencies from strengthening. Other countries, especially in Asia where currencies are directly or indirectly pegged to the dollar, may also be forced to offset the consequent loss of competitiveness.
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Atacadão eyes local currency bond sale Brazil's Atacadão board has scheduled a dual-tranche BRL1.5bn ($443m) debenture sale for April 25 after the firm gained board approval for the transaction. The wholesale hypermarket, a subsidiary of Carrefour, will issue a 2021 note at 104.4% over DI ...
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A minor cryptocurrency partners with a major porn network. What could go wrong? The currency developers recently beseeched its rabid fans — many of whom have been waxing confused on Reddit — to raise $2 million to build a secret partnership. Weeks of speculation followed as Vergins speculated about partners, including eBay and Amazon. The price went up and down and has ...
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Cash crunch in ATMs: Despite RBI's denial of currency shortage, SBI Research pegs shortfall at Rs ... MUMBAI: Even as government and Reserve Bank have asserted that there is no currency shortage, SBI Research today pegged the cash shortfall in the system at a whopping Rs 70,000 crore, which is a third of the monthly withdrawals at ATMs. In a note that comes a day after reports of currency ...
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