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LMAX Exchange Group launches institutional-only crypto currency exchange LMAX Exchange Group (LMAX Exchange), the operator of an FCA regulated trading venue, has launched the first physical crypto currency exchange dedicated to serving only institutional clients. "We are furthering the legitimisation of the crypto currency market by offering institutions a platform on which ...
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'Zimbabwe needs own currency' The cash crisis, which started during deposed president Robert Mugabe's rule, has worsened, the illegal foreign currency market is flourishing, while Zimstats recently said Zimbabwe's year-on-year inflation edged up to 2,71 percent in April, up from 2,68 percent in March 2018. And the struggling ...
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Pound Slides to This Year's Low as Brexit to Italy Risks Weigh With the next round of Brexit talks, key U.K. economic reports and the still-unfolding Italian coalition drama set to converge in the coming days, front-end option volatility in sterling versus the U.S. currency has picked up from a one-month low reached at the start of last week. Adding to the pound's woes ...
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Strengthening US$ puts heat on emerging market currencies Dubai. AS IF emerging-market investors do not have enough to worry about - with political flare-ups and central bank surprises galore - the US dollar's strength is poised to pile further pressure on currencies from the real to the rand. As the US dollar clocked up its longest rally since 2015, the MSCI ...
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