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Yen's relentless slide revives Japan's interest in structural reforms
Reuters via Yahoo Finance· 24 minutes agoData due out on Friday is likely to show Japan spent roughly 9 trillion yen late April through early...
Moody's raises Saudi Arabia's local, foreign currency rating to 'Aa1'
Gulf Business· 5 days agoThe change in rating reflects increased predictability of policies and decision-making processes
Zimbabwe authorities mix charm with force in an attempt to shore up the world’s newest currency
FOX 5 San Diego· 4 days agoHARARE, Zimbabwe (AP) — The introduction of the world’s newest currency in April inspired a reggae...
Ghana central bank holds rate as currency slide slows disinflation
Reuters· 3 days ago, opens new tab for the second meeting in a row on Monday, as a slide in the local cedi currency has slowed inflation's decline. The West African cocoa, gold and oil producer ...
Taxation of Foreign Currency Transactions Part III: Section 988 Transactions Defined, Character &...
JD Supra· 20 hours agoWhich transactions qualify as section 988 transactions? In section 988 transactions, the taxpayer makes payments or receipts denominated in or determined by reference to one or more nonfunctional currencies.
Milestone of CCB shows growing role of RMB
China Daily· 31 minutes agoThe wide gaps in interest rates between China and the United States can facilitate the development of the offshore renminbi market, which, in turn, could help further internationalize the Chinese ...
The Biggest Country that uses the US Dollar
Insider Monkey via Yahoo Finance· 1 day agoWe recently compiled a list of the 16 Countries that use the US Dollar in the World and in this article we will list the top country along with an...
Morgan Stanley cuts Box Inc stock target, keeps rating By Investing.com
Investing.com· 16 hours agoThe revision follows the company's first-quarter performance, which, on a constant currency basis,...
Egypt to raise subsidized bread price by 300%, PM says
Reuters· 12 hours agoEgypt, often the world's biggest wheat importer, will raise the price of heavily subsidised bread...
China’s yuan seeks to challenge the US dollar. But traders don’t want to use it
South China Morning Post· 1 day agoApproximately 71 per cent are private businesses, 13 per cent are state-owned enterprises, and 15...
