Rand's poor performance correlated with preference against country, finance minister says

Posted On: May 09, 2013
Vulnerabilities of the monetary unit of the largest economy on the African continent are linked with inclinations against the nation and the that currency likely is more tepid than it ought to be, the country's finance minister told Bloomberg. [More]

Category: Industry News

Philippine peso benefits from grace of credit rating services

Posted On: May 02, 2013
The monetary unit of the Philippines achieved its largest advance on Thursday on foreign exchange markets as a consequence of the country being tapped by a credit rating service for an investment-grade rating, according to Bloomberg. [More]

Category: Industry News

Chilean peso tracks dive of copper prices

Posted On: April 23, 2013
The monetary unit of Chile was losing value on foreign exchange markets on Tuesday after having touched its top value in about 18 months earlier this year, according to Reuters. [More]

Category: Industry News

Won endures second straight session of losses

Posted On: April 18, 2013
South Korea's currency endured its sharpest dive in more than one week of trading on Thursday on foreign exchange markets, tugged down by investors' preferences away from assets considered more risky, according to Bloomberg. [More]

Category: Industry News

Chilean peso tracks dive of copper prices

Posted On: April 17, 2013
Reductions to the world's developmental outlook dragged down the Chilean peso on foreign exchange markets on Wednesday, according to Bloomberg. [More]

Category: Industry News

Won slightly recovers after rough start

Posted On: April 16, 2013
The monetary unit of South Korea increased in value on Tuesday on foreign exchange markets as local stocks recovered from a rough morning and achieved gains, according to Bloomberg. [More]

Category: Industry News

Chilean peso pushes to 19-month high as interest rate decision lies in wait

Posted On: April 11, 2013
The monetary unit of Chile was trading close to its 19-month peak against the U.S. dollar on Thursday on foreign exchange markets in anticipation of the central bank's decision on intervention, according to Bloomberg. [More]

Category: Industry News

Chilean peso climbs after strong consumer price data

Posted On: April 08, 2013
The monetary unit of Chile pushed to its top value in 19 months on Monday on foreign exchange markets in the aftermath of economic data indicating consumer prices climbed higher than forecast, according to Bloomberg. [More]

Category: Industry News

Won dives to six month low against dollar as tensions flare with North Korea

Posted On: April 03, 2013
The monetary unit of South Korea scraped its six-month trough against the world's reserve currency on Wednesday on foreign exchange markets as tensions flared with North Korea, according to Bloomberg. [More]

Category: Industry News

Won pinched by slight increase to exports

Posted On: April 01, 2013
The monetary unit of South Korea dropped to its lowest value in seven days on Monday on foreign exchange markets after exports minimally increased last month, according to Bloomberg. [More]

Category: Industry News