BREAKING: Egypt devalues local currency fourth time in 2015
Egypt’s central bank has allowed Sunday the Egyptian pound to weaken in its latest dollar sale to 7.9301 per dollar…
Browsing Tag
devaluation
China FX reserves fall record $93.9 billion in Aug as central bank supports yuan
China's foreign exchange reserves, the world's largest, shrank by $93.9 billion in August, the biggest monthly fall…
Gold industry analysts expect price boost from currency war fears
Gold prices XAU= could rise above $1,200 an ounce in the next few months as fears of a currency war following the…
China stocks extend slide amid warning of severe trade pressure
Chinese stock markets tumbled for a second straight day on Wednesday as investors crowded the exits, fearing a…
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…
Stocks end week Lower, bruised by China Yuan Weakness
Equities on world bourses ended the week lower on Friday after China's currency devaluation on Tuesday shook…
European Shares rally, Bonds fall on China’s Yuan Assurances
European shares rallied on Thursday after China's central bank said there was no basis for further yuan…
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