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Emerging market currencies slip after worst week since 2016 Emerging markets currencies faced further selling on Monday on the heels of the worst week in more than a year, with a resurgent dollar and a slew of local issues sparking jitters among investors. In early European action on Monday, the JPMorgan emerging markets currency index slipped 0.29 per cent ...
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Bitcoin is no different to a 'regular currency' says Federal Reserve Bank strategist A strategist from the St Louis Federal Reserve Bank has stated that Bitcoin is more like a regular currency than you may expect. Christine Smith, a strategist, recently gave a string of reasons why Bitcoin is no different from a regular currency. She made the statement with the added insight that Bitcoin may ...
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N720bn Currency Swap Deal Attracts Nigerian Banks To China This followed the pact signed by both the Central Bank of Nigeria (CBN) and the People's Bank of China (PBOC) on a RMB15 billion (about N720 billion) currency swap. With the swap, some banks with international licence but without presence in China have begun processes to open shop in the Asian ...
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Azerbaijani currency rates for May 7 Baku, Azerbaijan, May 7. Trend: Official exchange rate of the US dollar and Euro against Azerbaijan's national currency, the manat, was set at 1.7 and 2.0333 manats respectively for May 7. Below are the rates of Azerbaijani manat against world currencies, according to the data from the Central Bank of ...
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Dollar strengthens back towards 2018 high The dollar has rallied heavily over the past two weeks after investors rushed to unwind short positions and bet that higher rates in the U.S. and signs its economy is performing better than other regions would feed through to a stronger currency. Commerzbank analyst Esther Reichelt said the dollar move ...
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CRY (=Currencies, Rates, Yields) For ME (Markets-Emerging), Argentina Short-Term rates are soaring. Long-Term yields are rising too but not as much. The yield curve is flattening but it's not inverting yet. We don't expect it to invert in 2018. The US Dollar is rising over the past six weeks. We expect this to continue into 2018. Emerging markets are cracking. Argentina is the ...
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Bank Foreign Currency Exchange Rate-2-in Pakistan 07 May 2018 KARACHI, May 7 (UrduPoint / Pakistan Point News - 7th May, 2018 ) :NBP-Rates-2-Karachi (07-05-18) EXCHANGE RATES FOR Currency NOTES SELLING BUYING U.S.A 116.86 114.11 S.ARABIA 31.00 29.18 U.K 158.34 154.61 JAPAN 1.0730 1.0472 EURO 139.95 136.66 U.A.E 31.81 29.16 LIBOR ...
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