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Tag Archives: foreign

Remote supports that “hedge” against monetary forms

These are funds that “hedge” against currencies, while the other group lets investors feel their full effect. And its returns towered over European stock funds that didn’t hedge against the dollar’s moves versus the euro. Anyone who jumped into currency-hedged foreign stock funds this year, and out of unhedged ones, …

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Ghanaian citizen catched with hard currency worth 3 crore

They would convince them to provide papers for the  hard currency notes and a ‘special ink’, which when applied to the paper, would convert it to fake currency notes that are as good as the original. THIRUVANANTHAPURAM: A Ghanaian national, who is suspected to be a member of an international …

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China banks’ net forex sales stood at 56 billion U.S. dollars

Chinese banks sold a net $14.9 billion of foreign exchange in April, up from $11.6 billion a month earlier, the country’s forex regulator said Wednesday. Pressure to move money out of China has eased recently, helped by a weaker U.S. dollar and tighter capital controls. The volume of offshore financing …

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Oil prices fell through technical price support levels

Brent crude oil rose 3.7% in sterling terms over the week to 11 May, according to our exclusive Accumulator table (link below). To continue access the Accumulator table, please sign in or register. The commodity’s rally helped emerging markets. Oil enjoyed a strong week, buoyed by a report that showed …

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