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Echoes of 1930s in trade-cum-currency war Lowering of interest rates at home also often acts as a tool to weaken one's own currency, and thus forms a part of the arsenal in the on-going trade ...
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Rupee slips 42 paise to 72.08 against dollar in early trade, currency comes under pressure after ... The rupee on Monday declined by 42 paise to 72.08 against the US currency in early trade, due to strong dollar demand from banks and importers ...
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BOE's Mark Carney: is USD dominance drawing to a close? 'By reducing the influence of the US on the global financial cycle, [a new digital currency] would help reduce the volatility of capital flows to emerging ...
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Man looses RM425,000 in foreign currency exchange robbery set-up Tough weekend for one Kuala Lumpur-area man, after the incredibly good exchange rate of US dollars to Ringgit he thought he was getting from a ...
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Chinese currency slips to weakest since 2008 (MENAFN) On Monday, the Chinese yuan sank to hit a low-record amid fears of an international recession over a trade conflict between China and the ...
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UPDATE 1-Turkish lira weakens 1% against dollar after overnight tumble The currency has also been pressured by tensions in Syria since Ankara said last week that an air strike on a Turkish military convoy in northwest ...
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