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| Rupee recovers from 1-week low, ends 7 paise higher at 64.08 The rupee today made an impressive recovery after an early jolt and closed 7 paise higher at 64.08 against the US currency on fresh bouts of dollar selling from exporters and ... Weighed down by heavy dollar demand, the home currency plunged to an intra-day low of 64.27 before staging a rebound.
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| What Investors Need to Know About Zimbabwe After Mugabe The situation stabilized somewhat after the government abandoned the Zimbabwean dollar in favor of a multi-currency system in 2009 and entered a power-sharing deal with the opposition party. A short-lived economic revival followed, helped by international assistance from European countries and ...
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| X8Currency – Fail-Safe Cryptocurrency Reduces Risk of Investing in Crypto World Cryptocurrencies and ICOs, however, are allocated to the high risk alternative asset class of an investment portfolio since they introduce higher than average volatility and illiquidity. Bitcoin volatility has fallen in 2017 and some predict it will be on par with that of fiat currencies by 2019, but events such as ...
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| Sudan set to devalue its currency The Finance Minister of Sudan Mohamed Othman Rukabi has on Tuesday (December 26) noted his Government's plan to devalue its currency from the current exchange rate of 6.7 Sudanese...
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