By Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq ...
Nigeria’s central bank instructed the nation’s lenders to divert windfall currency revaluation gains into buffers against future losses, following the devaluation of the naira earlier this year.
DAMASCUS (Reuters) -Syria will issue new banknotes, removing two zeros from its currency in an attempt to restore public confidence in the severely devalued pound, according to seven sources familiar ...
WASHINGTON (Reuters) - Senate Majority Leader Harry Reid urged Chinese President Hu Jintao to address his country's huge trade imbalance with the United States through a "significant revaluation" of ...
Answer: The Chinese allowed their currency, the yuan, to rise in value against the dollar by 2.1 percent, with the possibility of further increases in the future. Since 1994, the yuan's value had been ...
As investors await yearly reports and dividend recommendations of banks, the Central Bank of Nigeria (CBN) has reminded banks on the need to exercise utmost prudence and set their foreign currency ...
WASHINGTON, Dec 11 (Reuters) - Senate Majority Leader Harry Reid urged Chinese President Hu Jintao to address his country's huge trade imbalance with the United States through a "significant ...