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United States puts Japan on notice in currency report
WASHINGTON (Reuters) – The Obama administration on Friday put Japan on notice that it was watching its economic policies to ensure they were not aimed at devaluing the yen to gain a competitive advantage.
UPDATE 3-Hungary takes aim at lending, company foreign currency debt
* Cbank announces three-pronged plan to boost lending, relieve firms of debt
G20 defuses talk of “currency war”, no accord on debt
MOSCOW (Reuters) – The Group of 20 nations declared on Saturday there would be no ‘currency war’ and deferred plans to set new debt-cutting targets in an indication of concern about the fragile state of the world economy.
Currency wars come to Moscow as G20 spars over yen
MOSCOW (Reuters) – It may not be hand-to-hand combat, but “currency wars” came to Moscow on Friday as finance officials from the Group of 20 nations sparred over Japan’s expansive policies that have driven down the value of the yen.
G20 should give clear signal there is no currency war-IIF chief
WASHINGTON, Feb 11 (Reuters) – Finance ministers from the Group of 20 nations should send a clear signal to financial markets this week that they are coordinating policies and not embroiled in a…
U.S. broker-dealers scrutinized for anti-laundering compliance in Venezuelan currency swaps
Buying large sums of U.S. dollars in Venezuela is not simple due to strict currency restrictions. The complex system that many importers in the South American country rely on to meet their need for…
Posted in Best Trends
Tagged antilaundering, brokerdealers, compliance, currency, scrutinized, swaps, U.S., Venezuelan
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UPDATE 3-Tehran’s Grand Bazaar reopens, currency trade still frozen
DUBAI, Oct 6 (Reuters) – Tehran’s Grand Bazaar reopened under close police supervision on Saturday, traders said, days after it was shut by clashes between riot police and protesters blaming the…
China’s currency rises against the dollar
The value of China’s currency closed Friday near a record high against the dollar, approaching what some analysts consider a fair market price and potentially easing concerns that the country’s currency policy is damaging the U.S. economy. Read full article … Continue reading
The Dangers of Switzerland’s Currency Strategy
Casey: The country’s recent move to limit gains in the Swiss franc could backfire, and exacerbate a nascent global currency war.
Geithner: Recent China currency and trade moves “significant”
A series of steps by China in recent weeks is encouraging U.S. officials that Beijing is proceeding with changes to currency and other financial policies that the two countries have long disputed. Chinese leaders have moved to free up trading … Continue reading
Posted in News
Tagged china, currency, Geithner, moves, recent, trade, “significant”
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