Post Tagged with: "Foreign currency"

Harriet Tubman – African American abolitionist to appear on United States’ $20 bill

April 21, 2016 6:32 am
Harriet Tubman – African American abolitionist to appear on United States’ $20 bill

This image provided by the Library of Congress shows Harriet Tubman, between 1860 and 1875. Photo / AP The US Treasury has decided to put African American abolitionist Harriet Tubman on the front of the new $20 bill, replacing former president Andrew Jackson, who will be moved to the back […]

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Denmark is trying to silence currency speculators

January 20, 2015 7:25 pm
Denmark is trying to silence currency speculators

Denmark is trying to silence currency speculators as its government and central bank insist it won’t follow Switzerland in severing its euro ties.  Danske, Denmark’s biggest bank, says it’s been inundated by calls from foreign investors. Photo / Thinkstock “Circumstances significantly different from Denmark’s” were behind the Swiss National Bank’s […]

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The Swiss franc achieved a turbo-charged lift-off overnight

January 16, 2015 11:20 am
The Swiss franc achieved a turbo-charged lift-off overnight

Rarely has one statement prompted such a dramatic move in currency markets. The Swiss franc achieved a turbo-charged lift-off overnight after the country’s central bank bowed to the inevitable and ditched an increasingly expensive policy to limit the export-sapping rise of the currency. Within minutes of the early morning announcement, […]

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Foreign currency mortgage borrowers take part in a rally over ruble against banks in Moscow, Russia

January 7, 2015 2:44 am
Foreign currency mortgage borrowers take part in a rally over ruble against banks in Moscow, Russia

When they took out a mortgage on a small two-room apartment seven years ago, Oksana Li and her husband hoped to make a new home for themselves and their young son. Now, like thousands of other Russians, they are seeing that dream unravel as they are unable to make payments […]

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