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Currency World


'Currency World' - 71 News Result(s)

  • Citi Back Off Calls For Euro-Dollar Parity

    Citi  Back Off Calls For Euro-Dollar Parity

    The shift follows revisions by other major dollar bulls including Deutsche Bank, who last week again pushed out their timetable for a fall to $0.95 for the euro.

  • Asian Shares Slip From One-And-A-Half-Year High, Trump Remarks In Focus

    Asian Shares Slip From One-And-A-Half-Year High, Trump Remarks In Focus

    US President Donald Trump called China "grand champions" of currency manipulation, doing little to raise confidence on trade relations between the world's two biggest economies.

  • An App That Tracks Donald Trump's Tweets' Impact On Stock Markets

    An App That Tracks Donald Trump's Tweets' Impact On Stock Markets

    Keeping one eye on the U.S. President-elect's personal Twitter feed has become a regular pastime for the fund managers and traders who invest billions of dollars daily on world stock, currency and commodity markets.

  • IMF Upgrades China Growth Estimate, Downgrades India After Cash Crunch

    IMF Upgrades China Growth Estimate, Downgrades India After Cash Crunch

    India, which has recorded some of the world's strongest recent growth, is experiencing a shock to consumption from the government's decision in early November to withdraw larger currency notes from circulation.

  • Demonetisation Impact: World Bank Cuts India Growth Forecast For FY17 To 7%

    Demonetisation Impact: World Bank Cuts India Growth Forecast For FY17 To 7%

    Infrastructure spending should improve the business climate and attract investment in the near-term, World Bank said.

  • New Gujarat Exchange Will Offer 22-Hour Trading, Says PM Modi

    New Gujarat Exchange Will Offer 22-Hour Trading, Says PM Modi

    Prime Minister Narendra Modi this evening inaugurated an international exchange in Gujarat that he said will work 22 hours every day "starting when Japan's markets open and ending when US markets close." It aims to win market share from financial hubs such as Singapore and Hong Kong by investing in technology and offering a response time of four mi...

  • What Next For Cancelled Notes? Landfill, Paper Weights, Briquettes Are Options

    What Next For Cancelled Notes? Landfill, Paper Weights, Briquettes Are Options

    Described as the world's most sweeping currency policy change in decades, the step has earned the government both admiration for its boldness and criticism for its execution.

  • Sterling Slumps, Treasury Yields Hit Record Low As Uncertainty Persists

    Sterling Slumps, Treasury Yields Hit Record Low As Uncertainty Persists

    Stocks on major world markets fell and benchmark U.S. government bond yields hit all-time lows on Tuesday as worries about Britain's exit from the European Union pushed sterling to a fresh 31-year low, triggering a scramble for the safest and most liquid assets.

  • Sterling, Stocks In Free Fall As UK On Brink Of Brexit

    Sterling, Stocks In Free Fall As UK On Brink Of Brexit

    Carnage came to world markets on Friday as early voting returns suggested Britain was on the brink of leaving the European Union, threatening the existence of the entire bloc and its single currency.

  • Sterling, Stocks Skid As Brexit Result Agonisingly Close

    Sterling, Stocks Skid As Brexit Result Agonisingly Close

    Carnage came to world markets on Friday as early voting returns suggested Britain was on the brink of leaving the European Union, threatening the existent of the entire bloc and its single currency.

  • Citi Tops Euromoney Global Forex Poll; Big Banks Lose Grip

    Citi Tops Euromoney Global Forex Poll; Big Banks Lose Grip

    The world's biggest currency dealing banks are losing their grip on the world's biggest financial market as newer, smaller players take a larger chunk of the $5 trillion-a-day-business, an annual industry survey showed on Wednesday.

  • Bitcoin Claim Ripples Through Virtual Currency World

    Bitcoin Claim Ripples Through Virtual Currency World

    The world of virtual currencies was stunned Monday when Australian entrepreneur Craig Wright claimed to be the creator of the Bitcoin.

  • Rupee Ends Flat at 68.46 Against Dollar

    Rupee Ends Flat at 68.46 Against Dollar

    The dollar index, which tracks the world's reserve currency against a basket of its peers, is marginally up 0.04 per cent at 96.82.

  • Monetary Policies Alone Cannot Change the World: RBI Chief

    Monetary Policies Alone Cannot Change the World: RBI Chief

    Seeking to allay concerns over volatility in currency and stock markets, Reserve Bank of India Governor Raghuram Rajan on Wednesday said things would stabilise and emphasised that monetary policies alone could not change the world.

  • Global Stocks Rise as China Trade Surprise Brings Relief

    Global Stocks Rise as China Trade Surprise Brings Relief

    Stock markets in Europe and Asia rose and oil prices jumped on Wednesday after Chinese trade data cooled concerns over the world's second biggest economy, steadying money and currency markets in Shanghai and Hong Kong.

  • Weak Currency Undermines Singapore's Safe-Haven Bonds

    Weak Currency Undermines Singapore's Safe-Haven Bonds

    Singapore is one of the world's few sovereign states with a triple-A credit rating on its debt, but its sliding currency is causing the country's government bonds to behave more like those from riskier emerging markets.

  • China Issues First Offshore Renminbi Note in London

    China Issues First Offshore Renminbi Note in London

    China's central bank has issued its first offshore renminbi note in London coinciding with President Xi Jinping's high-profile visit to the UK as the world's second largest economy ramps up efforts to popularise its currency.

  • Japan's Nikkei Falls 0.57% in Early Trade

    Japan's Nikkei Falls 0.57% in Early Trade

    Worries about the Chinese economy rose after China's government depreciated its yuan currency in August, triggering concerns about a slower pace of growth in the world's number two economy.

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