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Results for
currencies
105 Results-
Lebanon ready to float currency once aid is secured: Minister
Lebanon, whose currency has been pegged to the dollar for 23 years, is ready to float the pound only after it secures billions in aid, Finance ... Middle East -
Lebanon c. bank sets exchange rate of 3,625 lira to dollar: Bank source
The Lebanese central bank set an exchange rate of 3,625 Lebanese pounds per dollar to be applied by money-transfer firms on Friday, a central bank ... Economy -
Last day to withdraw transferred dollars in Lebanon, long lines at transfer shops
Crowds lined up in front of some money transfer offices Thursday in Lebanon, the last day before a decision takes effect that will require all ... Economy -
Lebanese lira plummets to half its official value
The Lebanese pound fell in value Wednesday to more than 3,000 to the dollar on the parallel market, half the official rate, foreign exchange bureaus ... Middle East -
Turkey’s lira in late-day slide to weakest level since May
Turkey’s currency tumbled late on Friday to its weakest level in regular trading since May after the Treasury minister suggested the central ... Financial Markets -
Beirut Airport again raises currency conversion rate
The Beirut Airport again raised its currency conversion rates to 1,950 Lebanese lira to $1.On Twitter, journalist Jacob Boswall shared a photo of the ... Middle East -
Battle over banknotes threatens to create two economies in Yemen
Yemen’s warring sides opened a new front in their five-year conflict on Saturday, a battle over old and new banknotes that threatens to create ... Gulf -
US Treasury removes designation of China as currency manipulator
The US Treasury Department on Monday said China should no longer be designated a currency manipulator in a long-delayed semi-annual currency report, ... Economy -
Euro falls as economic worries deepen in Germany
The euro fell on Monday after German flash purchasing managers’ index (PMI) survey data for September was weaker than expected, raising more ... Economy -
IMF warns against currency interventions to improve trade balance
The International Monetary Fund (IMF) on Wednesday warned against governments trying to weaken their currencies through monetary easing or market ... Economy -
China yuan weakens after signs of stability calm markets
China’s yuan has weakened again after signs its decline was stabilizing helped to reassure jittery financial markets.The currency edged down to ... Economy -
Chinese currency steadies after turbulent trading
The Chinese currency steadied on Tuesday, a day after Beijing let the yuan weaken against the dollar, sending markets into freefall and leading the US ... Economy -
US Treasury Department labels China a currency manipulator
The US Treasury Department labeled China a currency manipulator on Monday after Beijing pushed down the value of its yuan in a dramatic escalation of ... Economy -
Pound sinks to multi-year low amid fears of no-deal Brexit
The pound has sunk to a 28-month low as the UK government under new Prime Minister Boris Johnson says it is ramping up preparations for a no-deal ... Financial Markets -
China lifts yuan mid-point to strongest level in 5-1/2 weeks
China’s central bank on Friday lifted its official yuan midpoint to 6.8472 per dollar, the strongest in 5-1/2 weeks, reflecting gains in the ... Financial Markets -
New Venezuelan banknotes greeted with skepticism
Some Venezuelans are expressing skepticism about new banknotes that the government says will ease challenges posed by the country’s soaring ... Economy -
Turkish lira weakens against dollar, weakest since Sept 24
Turkey’s currency weakened beyond 6.24 against the dollar on Thursday, hitting its weakest level in eight months amid concerns over the re-run ... Financial Markets -
Turkish lira slips after local elections highlighted economic downturn
The Turkish lira weakened 0.3 percent against the dollar early on Monday after local elections in which President Tayyip Erdogan’s AK Party lost ... Economy -
As prices soar, Turkey’s Erdogan woos voters with cheap veg
In a middle class Istanbul neighborhood, shoppers form a long line to an immense tent carrying a sign that reads “Total combat against inflation ... Features -
Will bilateral trade with China in local currency end Pakistan’s economic woes?
In what is being described as an unprecedented move, Pakistan and China have agreed to do bilateral trade in local currencies. The move will not only ... Features -
Challenging the dollar hegemony – prospects and pressures
The daily news of new US sanctions and trade disputes with allies and foes alike have been a wake up call for many countries to seriously consider ... Middle East -
Under-pressure Indian rupee hits record low against dollar
India’s rupee hit a new record low of 72 to the dollar on Thursday as emerging market currencies suffered more losses. The under-pressure ... Economy -
Indian currency decree did little to root out ‘black money’
Nearly all of the currency removed from circulation in a surprise 2016 attempt to root out illegal hoards of cash came back into the financial system, ... Economy -
Indian rupee plunges to new low against the dollar
India’s rupee hit fresh lows against the dollar Wednesday as emerging market currencies continue to be sold off.The under-pressure currency in ... Economy -
Will Qatar’s billions save the Turkish lira from collapsing?
Despite the strengthening of the Turkish lira recently, on the heels of the government and central bank measures, experts still consider that this ... Economy -
World equities slip following Turkey currency woes
Turkey’s worsening currency crisis sent world equities lower and emerging market currencies under selling pressure on Monday, while gains in ... Economy -
Erdogan urges Turks to support Lira as Trump doubles tarrifs on metals
Turkish President Erdogan appealed on Friday for calm amid currency drop, urging people to change foreign money into local lira. Erdogan’ stance ... News -
Iranian MP says $9 bln went ‘missing’ amid the collapse of Riyal
Iranian member of parliament, Ezzatollah Yousefian Molla, revealed the “disappearance” of nine billion dollars in hard currency amid the ... Middle East -
Russia dollar bonds fall on US sanctions move
Russian sovereign dollar bonds fell across the curve on Thursday, with some issues tumbling as much as 1.7 cents after Washington said it would impose ... Economy -
Clouds of uncertainty hang over India’s cryptocurrency industry
Stakeholders in India’s burgeoning cryptocurrency industry, who were laughing their way to the bank till recently, are now wandering around in a ... Banking & Finance