Analysts Issue Dour Outlook for Canadian Dollar Profit Confidential More Weakness for CAD to USD Exchange Rate | A weak economy and falling commodity prices have hammered the Canadian economy, which could spell more trouble for the CAD to USD exchange rate. | At least that’s according to the latest poll by Reuters....
Rupee Edges Higher Against Dollar, Rises To 67.11 NDTV The rupee recovered by 5 paise to 67.11 against the dollar in early trade on Tuesday at the Interbank Foreign Exchange market on fresh selling of the US currency by banks and exporters. ...
One year after: Nigeria’s economy under Buhari on knees- Bloomberg Graphic Now, Africa’s biggest economy is on its knees, forcing Buhari to throw in the towel on a central pillar of his economic policy — a currency peg, reports Bloomberg. | Liewerscheidt, a Nigeria analyst at Bath, U.K.-based consultant Verisk Maplecroft. “But it’s been a lost year. What’s missing is sound macroeconomic policies.” | Nigeria wi...
Asian stocks lower ahead of China trade data The Oklahoman BEIJING (AP) — Asian stocks were mostly lower Wednesday after the World Bank cut its global growth forecast, as investors looked ahead to Chinese trade data. | KEEPING SCORE: The Shanghai Composite Index fell 0.4 percent to 2,922.98 points and Hong Kong's Hang Seng lost 0.3 percent to 21,276.25. Tokyo's Nikkei 225 rose 0.6 percent to 16,774.50 wh...