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| Nagging questions behind Scandi currency volatility When markets perceive that things are not what they seem, the chances are that a blowout in pricing will happen. Something like that may have just happened with Scandinavian currencies. The Swedish krona this week depreciated through the SKr10 level against the euro for only the second time since ...
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| Chinese police detain seven in multi-billion underground currency scheme SHANGHAI, Nov 23 (Reuters) - Police in southern China have detained seven people in connection with an underground banking scheme involving more than 20 billion yuan ($3 billion), the state news agency Xinhua reported. From a suspicious bank account in Shaoguan, a city in Guangdong ...
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| India: SC Asks Govt. To Regulate Crypto Currency RBI executive director had earlier on September 13, 2017 stated that, "RBI is not comfortable with Crypto Currency/ Bitcoin"3. The above statement makes it clear that neither the RBI nor the Government per se appears to be leading the framework as far as regulation of Bitcoin is concerned.
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| Malagasy currency depreciates sharply The Malagasy currency, the Ariary, is currently experiencing one of its strongest depreciations, which since Wednesday is traded at 3757.92 against one Euro and 3,200 against one dollar.Presented as a historic first in Madagascar, this depreciation should, according to economists, reflect by a sharp ...
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