mydigitalfc.com - Currency

Renminbi value against dollar: It’s firm, yet fuzzy

Thu, 01 Apr 2010 21:42:28 +0530

It is the number that lurks behind modern economic life, the figure that helps shape the fortunes of nations and the price of nearly everything.
The number hovers around

China gives no signal of currency change

Thu, 25 Mar 2010 21:04:39 +0530

Despite mounting pressure in Congress for the administration of President Barack Obama to declare China a currencymanipulator, the Chinese government is giving no indication that it will change its exchange

Inaction on renminbi a ‘concern,’ U.S. says

Thu, 18 Mar 2010 22:01:00 +0530

China’s reluctance to allow the value of its currency to rise ‘‘is a real concern’’ to both the United States and to China’s other major trading partners and could be

India to gradually move to rupee convertibility - Finmin

Fri, 12 Mar 2010 13:43:13 +0530

India will take gradual steps to full convertibility of the rupee but not in one go, Finance Minister Pranab Mukherjee told parliament on Friday.

"The full convertibility of rupee is

Diverging opinions in China on currency

Tue, 09 Mar 2010 21:12:37 +0530

The renminbi has been locked in place against the dollar for nearly two years, as Beijing has effectively repegged its exchange rate to buffer the Chinese economy against the global

For dollars, it’s Australia over Canada

Wed, 03 Feb 2010 21:54:17 +0530

Backed by economies with extensive commodity exports, the Australian and Canadian dollars stood out as clear winners in an otherwise tumultuous year in 2009, with the Australian dollar running well

Food prices soar after North Korean government devalues currency

Wed, 03 Feb 2010 21:49:37 +0530

Recent changes to the North Korean currency have triggered runaway inflation, officials and news reports in Seoul said Wednesday, as a South Korean newspaper reported that the North Korean leader,

Chinese find time for adventure sports

Mon, 11 Jan 2010 22:31:07 +0530

The yen, which had been toppled by the dollar last year as investors’ top choice for financing of carry trades, looks set to reclaim the throne in 2010.
The

Working around dollar’s weakness

Tue, 05 Jan 2010 21:31:41 +0530

Although it has ticked up a bit recently, the U.S. dollar did not have a particularly good 2009. Nor was its value against competing currencies like the euro and yen easy to predict.

Huge wealth erosion may be in the offing

Sanjay Vijay Kumar — Tue, 05 Jan 2010 16:18:20 +0530

The global stock markets, commodities and oth-er asset classes are on a roll, with investors pouring in record amounts of money, a part of which is borrowed dollars at near-zero