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| Egyptian Banks' Trading in Dollars Soars Since Currency Float Foreign-currency trading on Egypt's interbank system has climbed to $14.5 billion since the November 2016 decision to float the currency, central bank ... The lifting of the currency controls halved the pound's value against the dollar, but also paved the way to secure a $12 billion International Monetary ...
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| South Korea Moves to Enforce Real-Name Digital Currency Trading Kim Yong-beom, Chairman of the South Korean Financial Services Commission, has declared that foreigners residing outside South Korea who do not have local bank accounts and people younger than 19 will be prohibited from buying or selling any form of digital currency. The announcement, made ...
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| Egypt's Edita to Expand Overseas to Offset Currency Volatility (Bloomberg) -- Edita Food Industries SAE, the producer of Twinkies in Egypt, is planning to start overseas operations to offset local currency fluctuations. The Cairo-based ... "We need the foreign currency and in times of crises companies with export proceeds enjoyed decent profitability. We think of ...
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| EM ASIA FX-Most Asian currencies rise; Taiwan dollar up 1 pct Jan 23 (Reuters) - The following table shows rates for Asian currencies against the dollar at 0134 GMT. CURRENCIES VS U.S. DOLLAR Currency Latest bid Previous day Pct Move Japan yen 110.930 110.91 -0.02 Sing dlr 1.317 1.3187 +0.11 Taiwan dlr 29.142 29.432 +1.00 Korean won 1067.600 ...
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| Unmasking the pull of crypto-currency among the global Indian diaspora And if we take into account the large numbers of Indian diasporas around the world, especially in the South East Asian nations, the total number of people of Indian origin with a demonstrable interest in this new virtual currency will be further astonishing. Indeed, crypto-currency has taken the world by ...
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| Could cryptocurrencies be a serious alternative to the dollar? How can you confidently make transactions when a currency's value might fall by a quarter overnight? Photo: Chris Ratcliffe. Managing director of payments consulting firm The Initiatives Group, Lance Blockley, says Bitcoin will probably always be tainted by its association with "nefarious activities," given ...
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| Rupee breaks 3-day rally, down 3 paise at 63.87 a dollar Mumbai, Jan 22 (PTI) Snapping its three-session winning run, the rupee today ended lower by 3 paise at 63.87 against the US currency following fresh bouts of dollar ... Trading was extremely volatile as the currency market witnessed wide swings against the backdrop of US government shutdown.
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| Bitcoin: first crypto currency based on blockchain And of more than 1,450 cryptocurrencies, some say bitcoin, the most well-known virtual currency, is likely to lose its current leadership position in the future. ... "Obviously much depends on news around the currency _ as with the Chicago Mercantile Exchange (CME) announcement that it will be trading ...
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| Weiss Ratings To Issue Letter Grade Ratings For Crypto Currencies Weiss Ratings, the US-based independent provider of ratings and research for the bank and insurance industries, announced that it will start rating crypto currencies. The rating agency stated that it will issue letter grades on crypto currencies such as Bitcoin, Ripple, Ethereum, Bitcoin Cash, NEM, ...
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| EM ASIA FX-Most Asian currencies climb as dollar hovers near 3-year low Most Asian currencies edge up as dollar near 3-yr low * Taiwan dollar biggest boost in region * Philippine peso hits 2-mth low on weak GDP data (Adds text, updates prices) By Christina Martin Jan 23 (Reuters) - Most emerging Asian currencies rose on Tuesday as the dollar remained near a three-year ...
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