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Tag: currencies
US finds no major trade partners manipulated currencies
[ad_1] WASHINGTON : The U.S. Treasury on Tuesday said no major trading partners appeared to be manipulating their currencies, but it put Vietnam back onto a foreign exchange “monitoring list,”…
Yen sinks to near historic levels against euro and Asian currencies
[ad_1] TOKYO — The yen’s depreciation is spreading beyond the U.S. dollar, with exchange rates against such currencies as the euro and Singapore dollar approaching historic lows. Expanding carry trades…
Ringgit developments will not hurt economic growth prospects – PM Anwar
[ad_1] KUALA LUMPUR: Developments with the ringgit are not expected to affect the country’s economic growth prospects, according to Prime Minister Datuk Seri Anwar Ibrahim. He said the performance of…
Market exchange rates in China — Nov. 6
[ad_1] BEIJING, Nov. 6 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Monday by the…
Asian markets extend gains as Fed’s extended pause boosts confidence
[ad_1] Emerging Asian stocks jumped on Friday, and the Philippine peso and South Korean won led a rally among currencies, as investor confidence steadily improved on hopes that the U.S.…
India-Sri Lanka Business Summit: Sitharaman stresses on bilateral arrangements in regional currencies
[ad_1] Emphasising on the importance of bilateral agreements between the countries, Indian finance minister Nirmala Sitharaman on Thursday said that the global multilateral treaties are now receding. She also said…
Japan exchange to test stock trades in foreign currencies, eyeing Asian money
[ad_1] FUKUOKA, Japan — A Japanese stock exchange plans to test a system that lets international investors conduct trades in their home nation’s currency. The Fukuoka Stock Exchange, located in…
Germany set to eclipse Japan as No. 3 economy in 2023, IMF says
[ad_1] Japan’s nominal gross domestic product will be overtaken by Germany this year as it slips from No. 3 to No. 4 in the world on a U.S. dollar basis,…
Ghana bans use of foreign currencies in business transactions
[ad_1] Ghanaian authorities Thursday said the use of foreign currencies to transact businesses in the country would no longer be permitted. The Bank of Ghana Secretary Sandra Thompson said the ban…