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Currency markets keep wary eye on trade troubles In FX markets, the dollar dipped only slightly, as some traders bet President Donald Trump's tariffs on Chinese goods and Beijing's response would damage the currency while others remained confident the row could be contained. "There is a lack of consensus in the markets about how trade wars are ...
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FOREX-Currency markets keep wary eye on trade troubles LONDON, April 4 (Reuters) - Foreign exchange markets trod water on Wednesday, with investors seemingly unable to make up their minds about any wider fallout from a Sino-U.S. trade dispute, though the safe-haven Japanese yen gained versus the dollar. Those tensions have overshadowed a ...
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When Elorza And Other Cities Introduced Their Local Currency To The World Elorza, a city in Venezuela, recently launched their own local currency to deal with inflation and monetary crunch. Here's a look at other cities who have also gone local with cash. 1/6. ET Bureau. Bristol, United Kingdom. In 2012, the city launched the Bristol Pound with the objective to encourage people ...
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STP beams $577m dual-currency borrowing Solusi Tunas Pratama, an Indonesian telecommunications company, has launched a $577m-equivalent dual-currency loan denominated in dollars and rupiah into general syndication. By Pan Yue; 09:00 AM. The facility, which was launched last week, is led by six mandated lead arrangers and ...
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Oman can defend currency peg says Central Bank Governor At the end of January, Oman's gross foreign currency reserves stood at $19.6 billion, enough to cover nearly nine months' worth of imports, Al Amri said in an interview Tuesday at his office in the capital, Muscat, according to Bloomberg. Oil remains the country's biggest export, and most of the country's ...
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