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Search Result for “currency”

Showing 111 - 120 of 3,815

BUSINESS

Thailand among countries at risk in US Treasury's currency report

Reuters, Published on 16/12/2020

» WASHINGTON: Thailand is among several countries the US Treasury could label currency manipulators before President Donald Trump leaves office, analysts say, as the coronavirus pandemic skews trade flows and widens US deficits with trading partners.

WORLD

Iran fixes currency rate in bid to stop rial collapse

AFP, Published on 10/04/2018

» TEHRAN - Iran took the drastic step of fixing the rate of its currency against the dollar on Tuesday in a bid to arrest a slide that has seen it fall by a third in six months.

WORLD

Argentina's interest rate hiked to 60% to counter currency woes

AFP, Published on 30/08/2018

» BUENOS AIRES - Argentina's Central Bank announced Thursday it has raised its benchmark interest rate from 45 to 60 percent in a bid to arrest a slide in the value of its currency.

BUSINESS

Venezuela's El Dorado, where gold is currency of the poor

AFP, Published on 17/06/2025

» EL DORADO — In the Venezuelan mining community of El Dorado, the majority of residents carry around gold instead of cards or cash to pay for groceries.

BUSINESS

US designates China a 'currency manipulator' as trade war rages

AFP, Published on 06/08/2019

» WASHINGTON: The United States on Monday formally accused China of manipulating its currency, marking the second major escalation in the two countries' spiraling trade war in just 24 hours.

LIFE

Facebook's digital currency Libra poses threat to WeChat Pay, Alipay

Published on 27/10/2019

» Chinese tech giant Tencent Holdings has acknowledged that Facebook's proposed cryptocurrency Libra could pose a serious threat to existing digital payment systems, including its own WeChat Pay as well as Alipay from rival Alibaba Group Holding.

BUSINESS

R&I upgrades Thailand’s foreign currency issuer rating to A-

Wichit Chantanusornsiri, Published on 01/11/2019

» Japan-based Rating and Investment Information, Inc (R&I) raised Thailand’s foreign currency issuer rating to A- from BBB+, with a stable outlook, suggesting the likelihood of rating upgrades by other international credit rating agencies.

BUSINESS

Private sector wants panel set up to handle surging currency

Business, Lamonphet Apisitniran, Published on 07/11/2019

» Business operators are preparing to hold talks with the Finance Ministry and the Bank of Thailand about the strong baht, as the surging currency is estimated to have cost exporters 200-300 billion baht.

BUSINESS

China's digital currency not seeking ‘full control’ of individuals' details

Reuters, Published on 12/11/2019

» SINGAPORE: China's proposed digitised domestic currency is not a bid to gain full control of information belonging to the general public, a senior central bank official said on Tuesday, adding that the goal was to balance privacy concerns and the authorities' need for information.

WORLD

EU fines five major banks 1bn euros for currency collusion

AFP, Published on 16/05/2019

» BRUSSELS - The EU's powerful anti-trust authority on Thursday fined five major banks -- including Barclays and Citigroup -- more than a billion euros for collusion in the massive foreign exchange currency market.