Archive for the April 30, 2017
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Nigeria's central bank has eliminated "frivolous demand" for foreign currency by introducing a multiple exchange rate system and has been intervening on the spot and forward markets to boost liquidity, its spokesman said on Thursday.
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The Canadian dollar weakened against its US counterpart on Friday, retaining this week's defensive bias in the face of an uncertain trade outlook, while domestic data showed the economy stalled in February. The currency's official
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The euro rose against the US dollar in New York trade on Friday after strong euro zone inflation figures, while the dollar edged higher against the yen after US wages data suggested the Federal Reserve
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Net long positions on the US dollar were near flat from a week earlier, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday. The value of the dollar's net long
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After an initial digital currency sale that raised $12.5 million in just 12 minutes, blockchain startup Gnosis has decided to leave most of its remaining currency untouched for at least a year, co-founder Martin Koppelmann
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China plans to target broad money supply growth of around 12 percent in 2017, slightly lower than last year's goal, policy sources said, signalling a bid to contain debt risks while keeping growth on track.
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Widespread frosts during an unseasonably cold spell in Europe this month may have damaged some rapeseed crops that already endured dry conditions, which could limit a rebound in production after last year's disappointing harvest. Strategie
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London's silver price benchmark is plagued by big, unpredictable fluctuations that risk undermining its credibility and may complicate efforts by the London Bullion Market Association to find a new operator, according to a Reuters analysis
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The world's cocoa-growing countries must coordinate production strategies to confront a sharp drop in global prices that has hit farmers and government coffers hard, the chairman of the International Cocoa Organization (ICCO) said on Monday.
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The London Metal Exchange wants to attract funds and reverse falling volumes by boosting liquidity on monthly settled contracts using prices from trading on other dates, Matt Chamberlain, the LME's new chief executive, told Reuters.
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