Currency | ||||||
NEWS | ||||||
China says yuan no longer a one-way bet as currency slides against US dollar After more than a year of steady increases, the yuan, also known as the renminbi, fell 1 per cent against the US dollar, its biggest one-day fall since the People's Bank of China devalued the currency on August 11, 2015. As of 2pm on Friday, the decline appeared to have been halted with the currency flat ...
| ||||||
South Korea, Switzerland set bilateral currency swap -Bank of Korea SEOUL, Feb 9 (Reuters) - South Korea and Switzerland are putting in place a bilateral currency swap agreement, the Bank of Korea said on Friday. The $10.6 billion agreement, to be formally signed on Feb. 20, will allow both countries to provide liquidity for the counterparty to support financial stability ...
| ||||||
'SA car prices extremely sensitive to currency instability' - TransUnion Around 80% of vehicles sold in SA are imported which means our pricing is extremely sensitive to currency instability or weakness. There are a high number of marketing incentives being run by OEM's and Brands in SA which also significantly helps to lower the purchase price of a new vehicle. 2.
| ||||||
Euro edges up but headed for worst week since October The dollar, against a basket of currencies, was flat on Friday after gaining 1.1 percent this week. The U.S. currency remains down 2.1 percent this year. The dollar also recovered against the yen in early European trading after earlier falling to near four-month lows as investors sought out safety in the ...
| ||||||
See more results | Edit this alert |
You have received this email because you have subscribed to Google Alerts. |
Receive this alert as RSS feed |
Send Feedback |