KINGSTON, Jamaica â The US dollar on Monday, March 19, ended trading at J$127.86 down by 13 cents according to the Bank of Jamaica's daily foreign exchange trading summary. Meanwhile, the Canadian dollar ended trading at J$96.50 down from J$100.06 while the British pound sterling ended …
See Original Article
In general, in periods of elevated volatility, customer trading volumes tend to increase. However, significant swings in market volatility can also result in increased customer trading losses and higher turnover. KVB said that Gold was the most popular traded product by its customers. In FX products …
See Original Article
However, exports to China, the country's biggest trading partner, fell 9.7% year-on-year. Japan's Prime Minister Shinzo Abe is still embroiled in the political scandal that involves altered documents linked to his wife. The political tensions in the country pushed up the save-haven currency as Abe's …
See Original Article
A strong dollar and sustained foreign fund outflow weighed on the domestic unit amid rising current account deficit in the December quarter, a currency dealer said. The current account deficit rose to 2 per cent of the GDP at USD 13.5 billion in the December quarter, up from USD 8 billion or 1.4 per cent …
See Original Article