Currency

| May 02, 2016

Last year, a few influential voices urged the Federal Reserve not to raise interest rates out of concern that it would slow global growth and fuel financial disruptions. Fed officials listened politely, then hiked rates in December and subsequently paused. Given recent developments in the foreign-exchange markets, some of these voices may now be wondering if the Fed should resume its rate increases....

| May 05, 2016

Treasury Secretary Jacob Lew said Tuesday that the reaction to his plan to put Harriet Tubman on the $20 bill and add civil rights and suffragette leaders to U.S. currency has been ”overwhelmingly positive.”...

  | May 10, 2016

The Reserve Bank of India bought a net of $4.7 billion dollars from the spot currency markets in March according to the data released by the Reserve Bank of India in its monthly bulletin. For the whole year FY'16, the RBI purchased a cumulative of $10.2 billion in FY'16....

| May 26, 2016

Inchcape plc (INCH.L), in its Trading Update covering the period from 1 January 2016 to 25 May 2016, said that group revenue for the four Months To 30 April 2016 was 2.472 billion pounds, up by 12.8% at actual currency and 11.7% at constant currency. Like for like revenue was up by 12.4% at actual currency and 11.3% at constant currency......