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Iran's Currency Hits Record Low; Police Target Illicit Trading Iranian authorities have arrested 12 foreign exchange traders accused of illicit dealings, in the government's latest response to the plunging value of the national currency against the dollar. In a report published Wednesday, state news agency ISNA quoted Tehran's police chief, Hosein Rahimias, ...
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Foreign Currencies Are Fading in Norway's Covered Bond Market But while issuance in foreign currencies has risen continuously, the volume of krone bonds has been largely unchanged since 2010. That year marked the end of surge in offerings triggered in part by the Norwegian central bank's strategy to ease a bank liquidity squeeze by swapping Treasury bills for ...
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Finance minister stresses 'firm' action against steep currency volatility SEJONG, April 12 (Yonhap) -- South Korea's chief economic policymaker on Thursday delivered a message to his U.S. counterpart that the country's currency authorities will maintain their currency market-smoothing operations going forward, according to the finance ministry. Talking on the phone with ...
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