Currency | ||||||
NEWS | ||||||
China is open to idea of a digital currency, as long as it's 'efficient and safe' After it banned cryptocurrency exchanges and declared all initial coin offerings illegal, China is still open to the idea of a digital currency if it doesn't disrupt the financial system, central bank governor Zhou Xiaochuan said on Friday. The government will be happy to accept those that "bring efficiency, low ...
| ||||||
Swiss bank UBS may switch group currency to dollar in H2 ZURICH, March 9 (Reuters) - Swiss bank UBS may switch the group's functional currency to the dollar from Swiss francs in Switzerland and sterling in London in the second half of this year, it said in its annual report on Friday. It cited "cumulative changes in our legal structure, business activities and ...
| ||||||
HK dollar weakens to fresh 33-year low, eyes on possible intervention The currency has been weakening since November alongside a rise in U.S. interest rates, which has widened the gap between local and U.S. yields. The peg was put in place in 1983 and the current trading band was set in 2005. The system requires Hong Kong's interest rates to closely mirror those in ...
| ||||||
Central banker: China can be 'bolder' about market opening BEIJING (AP) — China can be bolder about opening its financial markets following steps to strengthen its regulatory system and encourage use of its currency abroad, the central bank governor said Friday. The comments by Zhou Xiaochuan, the most prominent Chinese figure in global financial markets ...
| ||||||
EM ASIA FX-Most Asian currencies weaker against dollar on news of N Korea-US meeting Eyes on U.S. labour data due later on Friday * S.Korean won, Indian rupee only gainers * China's yuan weakens (Adds text, updates prices) By Aaron Saldanha March 9 (Reuters) - The dollar gained against most Asian currencies on Friday as a potential breakthrough in nuclear tensions between the ...
| ||||||
Growth in currency in circulation will be robust due to coming state elections: SBI New Delhi, Mar 9 (UNI) In recent months, there has been a rapid increase in currency in circulation and it is expected that growth in currency in circulation will be robust as many state elections are scheduled for 2018. According to State Bank of India (SBI) publication Ecowrap, on a monthly basis, such ...
| ||||||
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 |