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Naspers Limited: Currency Risk - ZAR Or HKD Non-South African investors in Naspers have a look-through currency risk on the HKD. Hedging against the ZAR exchange rate movements by Non-South African investors will open a ZAR currency risk rater than close it out. Hedging Naspers currency risk will be a "dirty hedge" due to dynamic changes ...
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Currency markets: what's next? Political and economic events can cause big changes in the currency markets. Some, such as a call for a snap election, come out of the blue. But other announcements are made on a more regular basis. If you're looking to make an international transfer soon, it's important to keep an eye on what's ...
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Caines outlines merits of digital currency Wayne Caines, the Minister of National Security, has responded to the Opposition's criticism of blockchain and cryptocurrency. His remarks came after Jeanne Atherden, the Leader of the Opposition, raised concerns over the use of digital currency in the Reply to the Budget. Ms Atherden told the House ...
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Canada Should Listen to UK Treasury's Questions About Digital Currency Investing Governments, financial institutions, banks, and fintech firms are almost all taking measures to assess the impact and potential of digital currencies and blockchain technologies. Very few organizations who could be influenced by the growth of this new economy are still ignoring it. The most recent global ...
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RBI Moves To Deepen Exchange Traded Currency Derivatives Market The Reserve Bank of India has allowed domestic and foreign investors to take larger positions in the exchange traded currency derivatives segment. The central bank had, at the time of the monetary policy announcement on February 8, said that it intends to raise position limits and a notification has ...
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Bitcoin, move over. There's a new cryptocurrency in town: The petro. The currency is one of many sold as tokens on the New Economy Movement platform, a technology that supports cryptocurrencies. The New Economy Movement blockchain confirmed on its Twitter account that it was the platform that the Venezuelan government had selected for the petro, while also ...
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T&T warns against 'digital currency' PORT OF SPAIN, Trinidad (CMC) — The Trinidad and Tobago government says it has not endorsed the use of "BarterCoin Exchange nor an Initial Coin Offering (ICO) here and warned the public to be extremely careful. In a statement, the Ministry of Finance said it has noted the recent international trend ...
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Currency trades at Kazakhstan Stock Exchange on Feb. 26 The afternoon foreign currency trading session ended at Kazakhstan Stock Exchange (KASE). Twenty-five banks participated in the trades, KASE said in a message. The US dollar's weighted average rate with T+0 (immediate settlement) in tenge was 319.03 tenge per US dollar, with the trades volume ...
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RBI raises currency derivative trade limit to USD 100 mn Mumbai, Feb 26 The Reserve Bank today raised the exposure limit under exchange traded currency derivatives (ETCD) trading for residents and foreign portfolio investors (FPIs) to USD 100 million across all currency pairs involving the Indian rupee. The RBI's decision to raise the limit will help entities ...
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