The Johannesburg Stock Exchange (JSE) on Monday launched a new range of African currency futures which track the exchange rates in selected countries.
The Johannesburg Stock Exchange (JSE) on Monday launched a new range of African currency futures which track the exchange rates in selected countries.
South Korean shares started the first day of this week in negative territory Monday as investors reduced stock holdings on worries about third-quarter earnings especially for chemical companies.
BTC China, one of the world's leading bitcoin trading exchanges, on Tuesday released a Web app, Picasso ATM, which allows users to exchange the digital currency for cash.
Slovenia, Slovakia, Estonia and Latvia are the first countries among the ten new member states from Central and Eastern Europe to adopt the euro currency after joining the European Union (EU) in 2004.
A senior British government official on Tuesday said Scotland, if independent, would not be part of a currency union with the remaining Britain, and would have to negotiate its entry into the European Union (EU).
British Finance Minister George Osborne Thursday warned Scotland that it would lose pound if it decides to walk away from Britain, refusing to form a currency union with Scotland.
As China's total exports and imports surpassed 4 trillion U.S. dollars for the first time in 2013, recent rates of the Chinese currency against the dollar have hit a new record high, infiltrating six is possible in the very near future.
South Korea's import prices fell for two straight months due to strong local currency and lower commodity prices, including crude oil, central bank data showed on Tuesday.
China's central bank announced Sunday that it has signed an agreement to establish a currency swap line with the Bank of England (BOE) to boost bilateral trade and financial stability.
Japanese Finance Minister Taro Aso said Tuesday the Bank of Japan's monetary easing is aimed at overcoming the country's prolonged deflation and that he will explain the program to Group of 20 financial chiefs later this week in Washington.
The Philippine currency is likely to continue the rising trend this year, even in the face of global currency wars, the country's central bank predicted on Sunday.
South Korea's consumer price inflation was estimated to be affected more by currency movement than by a change in import prices, a report issued by the central bank showed Wednesday.
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