Asian Currency
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China has quietly given select banks the green light to offer corporate clients higher interest rates on US dollar deposits, a move designed to slow the yuan’s recent appreciation by
A currency exchange shop in Myeong-dong, central Seoul, Wednesday (Yonhap) The Korean won weakened past the 1,560-per-dollar mark during overnight trading on Saturday for the first time in more than
The US dollar has underpinned global trade for decades, but is its influence waning, and are there any alternatives? Show more The US dollar is the backbone of global trade
The naira continued to depreciate against the dollar at the official foreign exchange market on Friday, ending the week on a negative note.Data from the Central Bank of Nigeria showed
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