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japan finance minister azumi warns against renewed yen rise
japanese finance minister jun azumi warned against speculators driving up the yen too high on thursday, raising expectations that authorities may intervene if the pace of currency appreciation picks up ...
strategic finance investors get another 1.5 cents in the dollar
investors in strategic finance got paid another 1.5 cents in every dollar they had put into the failed lender this month, and are still facing a best-case scenario of clawing back 26 percent of their principal, according to the latest receiver's report.
kenyan shilling weakness temporary: finance minister
arusha, tanzania (reuters) - kenyan finance minister robinson githae said on wednesday he was confident the recent fall in the shilling was only due to temporary factors and the pressure would soon ease. speaking to reuters on the sidelines of an african development bank summit in tanzania, githae said the pressure on the shilling was coming from banks converting the local currency to pay ...
