Google Alert - Currency

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Currency
As-it-happens update November 20, 2017
NEWS
In simple word, bitcoin is a currency that runs electronically and generated by an individual or a group of people named as the miner. Bitcoin does not have any physical appearance and only can be traded online through bitcoin exchanges. Several analysts and investors see the virtual currency as our ...
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To stem further depreciation, the monetary authority planned to sell local banks one-, three- and six-month forward contracts with a $3 billion cap through year-end, it said on Saturday, offering some relief to companies, which have a more than $200 billion foreign-currency short position. The instrument ...
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Cape Town - One local currency downgrade on Friday would push the dollar/rand exchange rate up by between 30 cents and 50c in a rapid spike, John Cairns, a currency economist at Rand Merchant Bank (RMB), said on Monday. "This would be a much bigger move than seen after previous ...
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