Archive for the December 29, 2018
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The Russian rouble opened slightly stronger against the dollar on Friday after a recovery in oil prices, which had fallen to their lowest in more than a year earlier this week. After posting a small
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Safe-haven currencies like the Japanese yen and the Swiss franc were set for big gains against the dollar on Friday as investors cut positions in risky assets after a volatile week and growing concerns about
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The Sri Lankan rupee on Friday fell to record low against the dollar for a sixth straight session, hurt by relentless capital-outflow pressure as political uncertainty gave investors little incentive to hold local assets. The
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China's yuan rose to more than a three-week high against the dollar on the last trading session of the year, partly helped by a pledge from authorities to keep the local currency stable. The yuan
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The Japanese yen jumped on Friday as investors sought protection against volatile stock moves, while the greenback dipped as stocks ended a dramatic week capped by large price swings. The benchmark S&P 500 tested its
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The Japanese yen jumped on Friday as investors sought protection against volatile stock moves, while the greenback dipped as stocks ended a dramatic week capped by large price swings. The benchmark S&P 500 tested its
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The Kazakh tenge is likely to continue its gradual depreciation over the course of 2019 as higher prices for main export oil help stabilise it, after a sharp fall this week, according to a Reuters
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Emerging Asian currencies advanced against a weaker dollar on Friday as a slump in US consumer confidence revived worries about a slowdown in the world's largest economy. A measure of US consumer confidence posted its
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Argentina's peso strengthened 1.19 percent to 37.90 per US dollar on Friday as operators positioned themselves for the end of the year, traders said, leaving the local currency about 51 percent weaker on the year
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Sterling drifted a third of a percent higher on Friday as a generally weak dollar prompted some investors to cut their large bearish bets against the British currency. Against the dollar, the pound rose 0.33
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