Business & Finance - Money and Banking

THE RUPEE: Firm trend

THE RUPEE: Firm trend

Firmness prevailed on the money market on Saturday as the rupee did not move any side against the dollar in the process of trading activity,...

Nigeria injects $325m, 14m yuan into currency market

Nigeria injects $325m, 14m yuan into currency market

Nigeria's central bank on Friday injected $325.5 million and 14 million yuan renminbi ($1.98 million) into the market an effort to keep it stable and...

Latam currencies up against weak dollar

Latam currencies up against weak dollar

Latin American currencies firmed on Monday against a dollar that remained pressured by a strong euro as the focus stayed on Brexit developments. Brazil's real gained...

US net long dollars rise to highest in four months

US net long dollars rise to highest in four months

Speculators' net long US dollar position rose to their highest level in about four months in the week ended Oct. 15, according to calculations by...

Loonie posts 11-week high

Loonie posts 11-week high

The Canadian dollar climbed to its strongest in more than two months against a broadly weaker US counterpart on Friday but gains for the currency...

Growing rate differential may support Kazakh tenge

Growing rate differential may support Kazakh tenge

The Kazakh tenge may strengthen against the dollar this month as monetary easing in the United States and Europe offsets concerns about the impact of...

Brazil’s real eyes biggest gain in six weeks as dollar wilts

Brazil’s real eyes biggest gain in six weeks as dollar wilts

The Brazilian real was on track to post its biggest percentage gain in six weeks on Monday as the dollar came under pressure ahead of...

Dollar weakens as Brexit deal boosts euro, sterling

Dollar weakens as Brexit deal boosts euro, sterling

The dollar fell sharply against the euro on Friday as the common currency jumped on hopes that a Brexit deal between Britain and the European...

IMF sidesteps clash with US over funding, delays shareholding changes to 2023

IMF sidesteps clash with US over funding, delays shareholding changes to 2023

The International Monetary Fund said on Friday its 189 member countries agreed to maintain the IMF's $1 trillion in total lending resources while delaying changes...

‘Baby Shark’ attacks IMF meetings

‘Baby Shark’ attacks IMF meetings

Serious talk of trade wars and a slowing world economy fell victim on Saturday to a "Baby Shark" attack. At a news conference at the...