Currency News

Foreign Investors Don't Like Getting Paid in Rupiah: PwC Report

The prospect of receiving payment in rupiah is among the main challenges for foreign investors

China's yuan officially joins the SDR

By Elena Holodny

The yuan's officially in the IMF's basket of reserve currencies.

Chinese Yuan underperformance not yet over

Chinese Yuan underperformance not yet over

Russian ruble, Canadian dollar rise on OPEC deal news

By Joseph Adinolfi

Russian ruble, Canadian dollar rise on OPEC deal news

IMF eyes more China yuan transparency with reserve currency move

By David Lawder

China will need to keep improving the transparency of its exchange rate regime once its yuan...

Iraqi finance minister sacked, risking economic fallout

By Saif Hameed and Ahmed Rasheed

Iraq's parliament sacked Finance Minister Hoshiyar Zebari on Wednesday over corruption...

Britain Announces Interest in Investing in Iraq

Minister of Foreign Affairs Dr Ibrahim Al-Jaafari met the British Minister of State for...

South Korean Won Retreats as Investors Cautious Before Fed, BOJ

By Y-Sing Liau

South Korea’s won headed for its steepest drop in almost a week as investors awaited policy...