CURRENCY

Lack of G7, IMF support seen dimming impact of U.S. move on China’s…

Lack of G7, IMF support seen dimming impact of U.S. move on China’s…

Published 11/08/2019

WASHINGTON (Reuters) - China is unlikely to face serious consequences from the Trump administration’s decision to label it a currency manipulator given the apparent lack [more…]

Turkish assets rally after opposition wins Istanbul election

Turkish assets rally after opposition wins Istanbul election

Published 24/06/2019

ISTANBUL (Reuters) - The Turkish lira, bonds and shares gained on Monday after the opposition dealt a stinging blow to President Tayyip Erdogan by winning [more…]

U.S. investor awarded $75 million in cryptocurrency crime case

U.S. investor awarded $75 million in cryptocurrency crime case

Published 11/05/2019

NEW YORK (Reuters) - U.S. entrepreneur and cryptocurrency investor Michael Terpin won $75.8 million in a civil judgment against a 21-year-old man who Terpin said [more…]

Sudan central bank strengthens currency to 45 Sudanese pounds to…

Sudan central bank strengthens currency to 45 Sudanese pounds to…

Published 21/04/2019

CAIRO (Reuters) - Sudan’s central bank on Sunday strengthened the Sudanese pound to 45 pounds to the dollar from 47.5, state news agency SUNA reported. [more…]

U.S. charges My Big Coin virtual currency firm founder with fraud

U.S. charges My Big Coin virtual currency firm founder with fraud

Published 27/02/2019

BOSTON (Reuters) - The founder of a Nevada-based company was arrested on Wednesday on federal charges he participated in a $6 million scheme to defraud [more…]

Turkey announces exemptions to forex contracts ban

Turkey announces exemptions to forex contracts ban

Published 08/10/2018

ISTANBUL (Reuters) - Turkey has announced exemptions to its ban on using foreign currencies in business agreements, including export-related contracts, capital market instruments and employment [more…]

Turkish lira slides 3 percent as markets reopen, eyes on U.S….

Turkish lira slides 3 percent as markets reopen, eyes on U.S….

Published 27/08/2018

ISTANBUL (Reuters) - The Turkish lira weakened 3 percent against the dollar on Monday after a week-long holiday, hit by persisting concern about a diplomatic [more…]

Trump says Russia, China playing ‘currency devaluation game’

Trump says Russia, China playing ‘currency devaluation game’

Published 16/04/2018

WASHINGTON (Reuters) - U.S. President Donald Trump accused Russia and China on Monday of devaluing their currencies while the United States raises interest rates. “Russia [more…]

Venezuela cryptocurrency to draw investment from Turkey,…

Venezuela cryptocurrency to draw investment from Turkey,…

Published 17/02/2018

CARACAS (Reuters) - Venezuela’s new “petro” cryptocurrency will attract investments from Turkey, Qatar, the United States and Europe, the country’s cryptocurrency regulator said on Friday. [more…]

Israel central bank mulls issuing digital currency for faster payments

Israel central bank mulls issuing digital currency for faster payments

Published 24/12/2017

FILE PHOTO: An Israeli flag flutters outside the Bank of Israel building in Jerusalem August 7, 2013. REUTERS/Ronen Zvulun/File PhotoJERUSALEM (Reuters) - The Bank of [more…]