China’s devaluation may be bad news for FX industry
China's currency devaluation should give a shot in the arm to global foreign exchange volumes as traders take…
Browsing Tag
currency
Moody’s: China advances exchange rate reform, a credit positive
China's new forex rate formation mechanism is credit positive as it will increase currency flexibility and support…
China pushes Yuan down further, fuels fears of Currency War
China's yuan hit a four-year low on Wednesday, falling for a second day after authorities devalued it in a move…
IMF lays out hurdles to yuan as reserve currency
China will likely have to move ahead with market liberalization before the International Monetary Fund (IMF)…
Europe gives Tired Cheer as Greek Talks reach Deal
European markets gave a weary cheer on Monday as euro zone leaders emerged from-all night talks in Brussels with a…
Egypt business activity expands in June for first time in five months: PMI
Business activity in Egypt's private sector excluding oil grew slightly in June, ending five months of…
Egyptian Pound weakens to 7.63 at Official Auction: CBE
Egypt's pound weakened to 7.63 pounds per dollar from 7.53 at a central bank auction Thursday, the first official…
Venezuela’s currency woes an increasing threat to U.S. corporate profits
Venezuela's deepening economic troubles, and in particular the weakness of the bolivar and restrictive currency…
Currency Black Market To Disappear Within A Year: CBE Governor
Egypt's central bank (CBE) plans to eliminate the currency black market in less than a year, Hisham Ramez, the…
Egypt Foreign Reserves Rise On One-Off Items
Egypt's foreign reserves increased by $705 million in August after a fall in July, but economists said the figures…
