Currency news

The latest currency news. If you have a piece of news that you would like us to cover, please contact us.

SEPA / Euros

US corporates can ride out Eurozone crisis

3 January 2012
Brown Advisory’s Paul Chew asks whether re­cord profits are sustainable because of the continuing crisis in the Eurozone...

Iranian Rial

Iran’s rial slides against US dollar on fresh sanctions

3 January 2012
Iran's currency dropped 12% against the US dollar after the US unveiled fresh sanctions targeting its central bank...

Indian Flag

Indian rupee continues record slide against dollar

15 December 2011
India's rupee has fallen to a new low as global fiscal fears force traders to safer currency options...

Eurozone inflation rises

UK banks ‘told to accelerate plans for eurozone collapse’

1 December 2011
Banks in the UK have been advised to speed up the process of making provisions for the end of the eurozone...

SEPA / Euros

Corporate treasurers banking on eurozone split

23 November 2011
53.5% of treasurers expect a Eurozone split within 12 months according to survey...

Amazon Payments logo

Amazon.com is making a push into the Forex world via its Amazon Payments service

16 November 2011
Internet retailing giant Amazon.com looks to rival eBay's PayPal and Google Checkout...

China Flag 60x60

China to take new steps on currency

4 November 2011
China will make new commitments on its exchange rate policy Friday as part of the official Group of 20 communiqué...

Japanese flag

Japan intervenes in currency markets and yen weakens 5%

31 October 2011
The Japanese government has intervened in the currency market to weaken the yen after it hit a post-war high...

Jun Azumi is prepared to take action in the foreign exchange market to stem the rising yen currency

Japan’s finance minister prepared to take action on yen

24 October 2011
Jun Azumi is prepared to take action in the foreign exchange market to stem the rising yen currency...

Coins and graph

Eastern European growth will slow – but not as sharply as in the West

5 October 2011
Says SEB's Mikael Johansson in the October 2011 issue of their Eastern European Outlook...

Dr Ben Broadbent, Bank of England Monetary Policy Committee Member

Rebalancing and the real exchange rate

27 September 2011
In a speech at Thomson Reuters in London, Ben Broadbent examines the cause and consequences of sterling’s depreciation in 2007-8...

Euro with Greece ball and chain

Greece’s departure from the Euro seems inevitable

14 September 2011
Current idea of a modest 'bond haircut' insufficient according to BNY Mellon's Newton...

Flag of Malaysia

Bloomberg launches Malaysian Foreign Currency Sukuk Index

8 June 2011
BMSSUTR is a non-ringgit denominated index developed in conjunction with Bank Negara Malaysia...

Chinese Yuan bank notes

Travelex GEO moves into renminbi payments space

6 June 2011
Travelex is the first non-bank Payments Specialist to offer renminbi payments for businesses and partner banks...

Mad axe businessman

Downgrades aplenty – damned if you do, damned if you don’t!

30 March 2011
The ratings agencies have been rather ‘slash happy’ this month. Here are some highlights of the action...