Archive for the January 3, 2018
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A major Chinese tech entrepreneur has defied regulators' orders to return home, writing Tuesday that his wife and brother would deal with the debt woes plaguing his LeEco conglomerate. Jia Yueting, the 44-year-old head of
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Jakarta launched the first train connecting its international airport to the city centre Tuesday as the sprawling Indonesian capital moves to tackle the gridlock that can make the trip an hours-long headache. The new system
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Standing around market stalls in the Mauritanian capital, Nouakchott, currency traders have twin causes for celebration - the New Year and a surge in business. A revamp of the national currency is prompting many Mauritanians
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The dollar languished near a three-month low versus a basket of major currencies on Tuesday as markets reopened at the start of 2018, while Asian currencies such as the Chinese yuan began the year on
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The dollar sank on Tuesday to its lowest in more than three months, weighed down on the first trading day of 2018 by market expectations of a slower pace of interest rate increases by the
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The euro traded close to its highest level in three years against a broadly weaker dollar on Tuesday, the first trading day of 2018, on optimism over a brightening economic picture in the euro zone.
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Interbank buy/sell rates for the taka against the dollar on Tuesday. 82.70-82.70 (Previous 82.70-82.70). Copyright Reuters, 2018
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The Sri Lankan rupee closed lower on Tuesday, as demand for dollars from importers and banks taking positions on the first working day of the new year outweighed inward remittances and conversion of the US
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Asian currencies firmed on Tuesday, marking a strong start for the new year as sentiment was boosted by gains in the euro, while a weaker US dollar prompted further interest in Asia. The greenback saw
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The Sudanese pound's black market value dropped on January 1, the same day as the country devalued the currency, trading at 28.7 SDG per US dollar compared to 27 the day before, traders said. Sudan
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