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Will Egypt launch its own official digital currency? As Facebook announced it might not launch its digital currency as previously announced, experts in Egypt are debating whether the country should ...
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China fixes its daily yuan midpoint at 7.0312 — stronger than expected A weaker currency makes a country's exports more attractive in international markets and U.S. President Donald Trump has complained that a ...
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Yen up as markets dismiss Trump's trade concession, Chinese data disappoints News the United States would delay some tariffs supported Asian stocks, but optimism in the currency market quickly faded on broader concerns there ...
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Chinese yuan soars after tariffs delayed The currency was trading near 7.10 per dollar ahead of the announcement and on Aug. 6 touched a more than one decade low of 7.14 per dollar amid ...
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Myanmar's currency black market thrives in banks' shadow YANGON -- Even as banks take on a growing share of foreign exchange trading in Myanmar, black market dealers remain firmly entrenched, with the ...
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Carry Bets May Go Awry as Rupee Becomes Asia's Worst Performer The risk of overseas investors in rupee bonds getting caught wrong-footed and weakening India's currency further is surging as losses this month ...
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Switzerland Is Held Captive By Its Big Neighbor Take currency. The Swiss National Bank is facing the perennial dilemma of an over-strong franc stifling its export-led economy, leading to a halving of ...
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