Any remaining Zimbabwe dollars in circulation after September 30 2015 will be officially, as opposed to practically, deemed worthless
Read MoreTag: currency
IMF will not let yuan join GBP, EUR and USD, says Jack Lew
US Secretary of the Treasury Jack Lew returns from China and states that the Yuan is not ready for the prime time
Read MoreMexico’s central bank dumps another $52 million at currency auction
Mexico’s domestic economy continues to thrive with high manufacturing and oil output and a low commitment to the IMF, with very low external debt. The nation’s central bank therefore auctions $52 million per day for three months, to stabilize the peso’s value. Yesterday’s auction shows steady month for the Mexican currency
Read MoreMONEX Group survey depicts optimism for US dollar
Around 80% of U.S. respondents (60% in the previous survey) and around 60% of Hong Kong respondents (40% in the previous survey) estimate the US dollar to be the most appreciating currency over the next few weeks according to the MONEX Group retail survey
Read MoreAdvanced Markets looks east: Adds ruble, baht and spot trading in crude oil
Just hours after the Hong Kong Monetary Authority unveiled its cross-border payment link between Hong Kong’s US Dollar real time settlement system and Thailand’s Baht RTGS system, Advanced Markets adds emerging instruments
Read MoreChina’s onshore and offshore RMB market on track to overlap
The offshore RMB market has evolved rapidly since 2010 and there have been periods of significant pricing dislocation between onshore and offshore forex and interest rate markets.
Read MoreRecently launched FX ECN Spotex has selected Solace Systems message routers
The new Spotex foreign exchange ECN has been operating since June 2014.
Read MoreSold to the highest bidder! All 3000 bitcoins sold to one individual at US government auction
As the gavel came down at the US Marshal Office Bitcoin auction, the entire lot was sold to one bidder, resulting in plummeting values.
Read MoreUS law enforcers launch service to launder Bitcoins – with good intentions!
US Marshal Office has developed a new service from which Bitcoins that were previously seized by the government can be cleaned and purchased directly from the law enforcement agency.
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