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| Tunisia's foreign currency reserves fall to 15-year low TUNIS, Jan 24 (Reuters) - A worsening trade deficit has further eroded Tunisia's foreign currency reserves, which are now worth just 89 days of imports, the lowest level in 15 years, central bank figures showed on Wednesday. Tunisia's trade deficit widened in December 2017 to a record $6.25 billion.
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| CBK warns it won't be liable for digital currency losses CBK will not be held liable for losses incurred by consumers using digital currencies to settle transactions since the virtual currency is not a legal tender in the country. Citibank analysts recently warned that Kenyans have accumulated holdings of bitcoin estimated at more than Sh163 billion, which could ...
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| Currency Traders Are Bracing for a Nafta Surprise Foreign exchange traders are paying a significant premium to bet on a blowup in the renegotiation of the North American Free Trade Agreement. The one-week implied volatility of the U.S. dollar and Mexican peso pair exceeds the two-week tenor by the most since the U.S. election, observe Credit ...
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| Jacobi: The reborn TPP shows progressive trade policy has real currency Good things come in small bundles. And occasionally in large ones, even with a mouthful of a name – the Comprehensive and Progressive Agreement for Trans Pacific Partnership (CPTPP), now concluded in Tokyo, brings together 11 economies with a combined GDP of US$10 trillion or 13.5% of world ...
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| Dollar dives as US Treasury chief talks currency down In commodities trading, gold hit a four-month high at $1,349.40 an ounce as the US currency weakened, while oil futures stabilised. Europe's main stock markets fell as rising local currencies weighed on multinationals earning in dollars. By contrast, Wall Street showed solid gains as the weak dollar ...
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