Dec 022014
 
Iran warns against 'frenzied' economic behavior as rial dips

The rial's free market rate against the U.S. dollar opened slightly stronger at 34,900, according to Iranian currency trading websites, after declining by …
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Russia intervenes as crumbling rouble echoes 1998 debt crisis

The Russian central bank intervened when the rouble was down 6.5% on the day against the US dollar, and by the close of trading the currency had …
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Illegal forex traders minting money

Potential customers are even physically pulled by the traders and forced to exchange their currency with them. Sources say that only five out 20 …
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South Korea launches new currency trading market

December 1, 2014 4:45 PM EST – South Korea launched the won-yuan trading market on Monday, which allows for direct trading between South …
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