Against the Japanese yen, the dollar extended gains and rose 0.4 per cent on the day at 107.19 yen. In a volatile London session, borrowing low-yielding currencies to buy higher-yielding ones was among the top-performing trades. “The major developed currency pairs have been mired in ranges and …
See Original Article
Banko Sentral ng Pilipinas (BSP) has said applications from cyptocurrency trading companies have increased by more than 50 percent since last year. This is despite the prices of Bitcoin and other digital currencies crashing down, particularly in the U.S., starting January 2018. BSP Deputy Governor …
See Original Article
A security guard walks past a directory board of Hong Kong Monetary Authority (HKMA) in Hong Kong December 20, 2012. â Reuters picHONG KONG, April 13 â The Hong Kong Monetary Authority bought the local currency for the first time since the current trading band was imposed in 2005, after the …
See Original Article
SEOUL, April 13 (Yonhap) — South Korea will discuss currency market-related issues, such as how to reveal records of its market interventions, with the International Monetary Fund (IMF) next week, the country's chief economic policymaker said Friday. Seoul's finance ministry said earlier that South …
See Original Article