Tag Archives: Hong Kong dollar

08Jan/17

The rise of the greenback: unstoppable?

The U.S. dollar has been at 14-year peaks on an abundance of upbeat global economic data and signs of quickening inflation, and a new Reuters polls shows most analysts expect the rally to continue through 2017. David Pollard reports on the winners and the losers of the greenback’s surge. Continue reading

30Nov/15

IMF approves China’s yuan for benchmark currency basket

International Monetary Fund chief Christine Lagarde announces the Chinese Yuan will be added to the Special Drawing Rights (SDR) basket alongside the dollar, euro, pound sterling and yen.
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13Feb/15

Nigerian central bank chief pleads for calm as naira tumbles

Nigeria’s central bank chief insists that there is “no need to panic” about a slide in the currency, despite figures showing that the bank had burned through over 110 million U.S. dollars a day, whilst trying to defend the Naira.

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