Exchange Rates News Feed

Central bank economists say forecasting exchange rates is simple enough to do “on the back of a napkin”
Central bank economists say forecasting exchange rates is simple enough to do “on the back of a napkin”Economists come under fire when things go wrong, and the main line of attack comes from forecasts gone awry. Forecasting is an integral part of many economists’ jobs, and a valuable tool for public policy. The problem is that forecasts are very often ...read more
Source: Quartz
Published on Wed, 23 May 2018 03:42:00 GMT
Will The Turkish Lira Exchange Rates 'Find Support' As US Treasury Yields Peak - ABN AMRO FX Strategy
Will The Turkish Lira Exchange Rates 'Find Support' As US Treasury Yields Peak - ABN AMRO FX StrategyThe Turkish lira rallied against the US dollar on Wednesday 23rd May "after the CBT held an extraordinary rate meeting and hiked the Late Liquidity Window (LLW) rate by 300bp, to 16.5%" according to a report released by Barclays today. "The behavior of TRY ...read more
Source: Exchange Rates
Published on Thu, 24 May 2018 02:15:00 GMT
The Exposure Of U.S. Manufacturing Industries To Exchange Rates
The Exposure Of U.S. Manufacturing Industries To Exchange RatesEditor's note: This article was originally published on May 21, 2018, by Menzie Chinn here. Today, we're fortunate to have Willem Thorbecke, Senior Fellow at Japan's Research Institute of Economy, Trade and Industry (RIETI), as a guest contributor.read more
Source: Seeking Alpha
Published on Tue, 22 May 2018 04:38:00 GMT
Multiple exchange rates ‘hurting capital inflows’
Multiple exchange rates ‘hurting capital inflows’Foreign investors are still worried about the multiple exchange rates operating in Nigeria which remain a big challenge to foreign capital inflows, Global Chief Economist at Renaissance Capital (RenCap) Charles Robertson has said. Robertson spoke at the ...read more
Source: The Nation Newspaper
Published on Tue, 22 May 2018 16:02:00 GMT
Cryptocurrencies still have a 'big deal' problem with exchange rates, Fed's Bullard says
Cryptocurrencies still have a 'big deal' problem with exchange rates, Fed's Bullard saysA lack of consistent exchange rates remains a "big deal" for cryptocurrencies, St. Louis Fed President James Bullard said. They key for bitcoin and others in the space will be convincing investors that the products can maintain value, the central bank ...read more
Source: CNBC
Published on Mon, 14 May 2018 08:50:00 GMT
7 Destinations with Strong Exchange Rates for US Travelers [Video]
7 Destinations with Strong Exchange Rates for US Travelers [Video]If you want to have the next trip of a lifetime you will want to stretch your budget as far as it can go and really make every dollar work for you. If you choose a destination where the US currency is strong you can save big bucks on everything without ...read more
Source: blog.mint.com
Published on Mon, 21 May 2018 01:04:00 GMT
British Pound Today: UK Retail Sales Boosts Today's Sterling (GBP/EUR, GBP/USD) Exchange Rates
British Pound Today: UK Retail Sales Boosts Today's Sterling (GBP/EUR, GBP/USD) Exchange RatesThe British pound exchange rates have bounced back on Thursday 24th May after UK Retail Sales beat market expectations. The ONS reported that the UK Retail Sales bounced back in April, to 1.6%, sharply higher than forecasted had predicted. The latest forex ...read more
Source: Exchange Rates
Published on Thu, 24 May 2018 05:11:00 GMT
How to target exchange rates when sending money abroad
How to target exchange rates when sending money abroadWhen you send an international money transfer a key consideration must be how much you will lose or gain because of the exchange rate. Currency markets can be extremely volatile with a tendency to fluctuate on a daily basis. While the movements of the ...read more
Source: The Daily Telegraph
Published on Thu, 17 May 2018 03:50:00 GMT
Foreign exchange rates to stabilize soon: Turkish minister
Foreign exchange rates to stabilize soon: Turkish ministerForeign exchange rates will stabilize at a point where it should be and Turkey will ease the loss in its currency’s value, Economy Minister Nihat Zeybekci has said. Speaking to state-run Anadolu Agency’s Editors Desk on May 11, Zeybekci also said ...read more
Source: Hürriyet Daily News
Published on Fri, 11 May 2018 02:59:00 GMT
Market exchange rates in China -- May 24
Market exchange rates in China -- May 24The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day. The central parity rate of the yuan against the Hong Kong dollar is ...read more
Source: Xinhua
Published on Wed, 23 May 2018 19:00:00 GMT