Jul 1, 2016

Belarus cuts four zeroes off currency amid economic woes

Belarus has redenominated its currency, cutting four zeroes off its face value, as the country struggles with recession. Friday’s redenomination is the third since the nation of 10 million became independent after the 1991 Soviet collapse. The Belarusian ruble, which had traded at 20,000 ...

| Mar 24, 2016

Dollar firmer above ¥112.80 in Tokyo

The dollar climbed above ¥112.80 in Tokyo trading on Thursday, partly aided by buying from real demand-backed players. At 5 p.m., the dollar stood at ¥112.86-87, up from ¥112.37-38 at the same time Wednesday. The euro was at $1.1157-1157, down from $1.1189-1190, and at ...

| Mar 17, 2016

Dollar slumps below ¥112 in Tokyo

The dollar slumped below ¥112 in Tokyo trading on Thursday, as risk-averse players bought the yen following a fall in Japanese stock prices. At 5 p.m., the dollar stood at ¥111.74-76, down from ¥113.66-67 the same time Monday. The euro was at $1.1259-1260, up ...