 | ||||||
| Currency | ||||||
| NEWS | ||||||
| As currencies weaken, Asia's original sinners go for classic defence To deal with a familiar combination of falling currencies and uncertainty about economic growth, Asian central banks are reverting to their classic policy playbook. They are intervening in currency markets while concurrently injecting cash into their economies. The currencies of Asia's economies with ...
| ||||||
| BMW struggles to offset drag from technology outlay, currencies "BMW guided that the revenue would suffer from currency headwinds, but a 5 percent decrease is pretty hard," Juergen Pieper, a Frankfurt-based analyst with Bankhaus Metzler said. "The automotive margin was pretty good." BMW, which plans to offer 12 battery models by 2025, is working to offset ...
| ||||||
| Nigeria, China opt currency swap to cut dollar use Nigeria, Africa's largest economy, and China have agreed to swap their currencies in order to reduce their dependency on third-country currencies and thereby, give a boost to their bilateral trade. The agreement for a three-year swap of 15 billion yuan or 720 billion naira was signed by the Central banks ...
| ||||||
| Dollar springs higher as traders look past mixed April jobs report The U.S. dollar rose against most major currencies on Friday, heading for a third straight week of gains, as market participants looked past a mixed April jobs report that showed a weaker-than-expected rise in payrolls. The euro skidded after the latest update on economic activity for the region came in a ...
| ||||||
| BITT founder to advise Bermuda government on digital currency HAMILTON - The founder of the Barbados-based financial technology firm Bitt will be a digital currency consultant and adviser to the Bermuda government. Premier and Minister of Finance David Burt made the announcement yesterday, before signing an agreement with the digital assets and blockchain ...
| ||||||
| See more results | Edit this alert | ||||||
| You have received this email because you have subscribed to Google Alerts. |
 Receive this alert as RSS feed |
| Send Feedback |
