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Trump accuses China of currency devaluation in tweet China remained on the Treasury's "monitoring list" for currency practices and macroeconomic policies, while Russia is not on the list. In recent weeks, the Chinese yuan has hit its strongest against the U.S. dollar since the surprise devaluation of the currency in August 2015. The yuan was trading near ...
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Trump says Russia, China playing 'currency devaluation game' WASHINGTON, April 16 (Reuters) - U.S. President Donald Trump accused Russia and China on Monday of devaluing their currencies while the United States raises interest rates. "Russia and China are playing the Currency Devaluation game as the U.S. keeps raising interest rates. Not acceptable!
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HKMA intervenes for a third day amid persistently weak currency The Hong Kong Monetary Authority stepped into the foreign exchange market for a third day on Monday, bringing its purchases of Hong Kong dollars and total sales of US dollars to HK$13.26 billion (US$1.69 billion) amid a persistently weak local currency. The de facto central bank spent HK$3.597 ...
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Regulation Of Virtual Currency Business Paper The Bermuda Monetary Authority [BMA] released a 150-page consultation paper on the 'regulation of virtual currency business' with the paper's stated objective to provide outline for the e"ffective regulation of service providers within the virtual currency business industry" in Bermuda. The paper notes ...
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Cerillion slides as currency movements dent first half profits The software house said the difference is mainly accounted for by adverse currency movements; on a constant currency basis, the company estimates that EBITDA was around 13% higher than the year before. Revenue rose 12% year-on-year to around £8.4mln, in line with management expectations.
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