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As Oil Slumps, Investors Reinforce Short Commodity Currency Bets NEW YORK — Investors are looking to ramp up wagers against already-battered commodity currencies, a sign that many believe a rebound in oil ...
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Hong Kong's Currency Peg Defense Increases to $560 Million The Hong Kong Monetary Authority sold HK$2.79 billion ($360 million) of the city's currency in the early hours of Wednesday local time, according to its ...
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McDonald's and Starbucks are reportedly part of China's digital currency trial China has rolled out a digital currency trial in Xiong'an, an area southwest of Beijing in the Hebei province, according to state-backed media reports.
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India Eases Up on Currency Intervention, Protecting Reserves India's central bank may be reducing its intervention in the currency markets as volumes improve and volatility eases. The Reserve Bank of India likely ...
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Lebanon depositors to get 'market rate' dollars in local currency Since October, the Lebanese pound lost about 50 percent of its value according to a 'parallel market' for the currency. 2 hours ago. whatsapp.
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Currency Peg Intervention From HKMA Continues Into Third Day The Hong Kong Monetary Authority intervened for a third straight day this week to defend its currency peg as the local dollar touched the strong end of ...
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Dollar surges across board, oil-linked currencies fall Against the ultimate safe-haven currency - the Japanese yen - the dollar was last trading down 0.2% at 107.40. It comes as U.S. crude oil futures ...
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Lebanon's Dollar Peg Gives Way to Currency Chaos After Default (Bloomberg) -- Lebanon's currency peg, an anchor of financial and social stability for more than two decades, is crumbling and attempts to stabilize the ...
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Virtually money China aims to launch the world's first official digital currency Dozens of central banks have started looking at whether to issue digital currencies. But only a few have run trials and none has gone as far as China, ...
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Singapore's First Multi-Currency Mobile Wallet YouTrip Sees 20% Growth in Consumer Spending ... The top 3 foreign currencies transacted in the month of February include USD, GBP and AUD.
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