The European Union (EU) is a politic/economic union of 28 member states that are located primarily in Europe. It has an area of 4,324,782 km2 (1,669,808 sq mi), and an estimated population of over 510 million. The euro (sign: €; code: EUR) is the official currency of the eurozone.
The European sovereign debt crisis occurred during a period of time in which several European countries faced the collapse of financial institutions, high government debt and rapidly rising bond yield spreads in government securities. The European sovereign debt crisis started in 2008, with the collapse of Iceland's banking system, and spread primarily to Greece, Ireland and Portugal during 2009. Also recently, credit rating agency Standard and Poor's has cut their rating for the European Union's debt from AA+ to AA. The agency cited the United Kingdom's decision to exit the organization (Brexit) and a possible cascading effect from the vote as the primary reasons for the downgrade. the U.K. has voted to leave the European Union. The financial markets braced for a knee-jerk reaction to the results of the European Union Referendum vote and will now awake to turmoil. Prime Minister David Cameron has announced he will step down in October 2016.
Russia extends mandatory forex conversion for major exporters - New Age
'It helped stabilise the situation in the domestic foreign exchange market by providing a sufficient level of liquidity.' The ruble is currently ...
>> Read more here
Tips on forex risk management for corporates - Business Plus
Despite this, many have traditionally seen the task of foreign exchange (FX) risk management as second order. They transact in FX not because they ' ...
>> Read more here
Forex: Naira appreciates against dollar, gains N80 - Daily Post Nigeria
Forex: Naira appreciates against dollar, gains N80 ... After days of depreciation, the naira bounced back against the US dollar in the parallel market.
>> Read more here
Zimbabwe Gold | Police clampdown on illegal Forex dealers - YouTube
... this month. #enca #dstv403 For more on the story: https://www.enca.com/top-stories/zimbabwe-gold-police-clampdown-illegal-forex-dealers.
>> Read more here
Volatility: BDC Operators Plan Unified Retail Market, As Naira Falls To N1,450/$
The Association of Bureaux De Change Operators of Nigeria (ABCON) has said it is working on establishing a unified retail end forex market ...
>> Read more here
Forex reserves ease for 2nd consecutive week - The Hans India
Mumbai: India's forex reserves decreased $2.282 billion to $640.334 billion for the seven days ended April 19 in the second consecutive week of ...
>> Read more here
BRICS pushing for common currency, in bid to reduce reliance on US dollar: South African envoy
Regarding the BRICS currency, the taskforce formed by the financial ministers of the member states will have a meeting in May to move corresponding ...
>> Read more here
Gold glitters to record high despite surge in U.S. dollar - The Globe and Mail
Detailed price information for FTSE RAFI US 1500 Small/Mid Invesco ETF (PRFZ-Q) from The Globe and Mail including charting and trades.
>> Read more here
Forget US dollar, these are best currencies to invest in 2024 - The News International
European Euro. The Euro is the world's second reserve currency which is considered the one of the safest investment. · Swiss Franc. It is one of the ...
>> Read more here
Pair of $1 bills with same printing error could be worth thousands. How to check - USA Today
Some one dollar bills printed in 2014 and 2016 feature a mistake from the US Bureau. Before using $1 bills to buy a lottery ticket, you might want ...
>> Read more here
