In remarks made to reporters today, Choe Heung-sik, chief of the Financial Supervisory Service (FSS), said that, since his agency does not view cryptocurrencies as “legitimate currency,” the FSS does not intend to supervise trading of the digital assets. According to a Korea Times report, Choe added the …
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A bank holiday in the US played some part in reduced volume on the market on Thursday as sterling fell 0.17% to 1.3301 against it's US counterpart, while the dollar index slipped 0.09% to 93.133 by 1555 GMT. Sterling lost further ground against the euro trading 0.41% lower to 1.1226 as minutes were …
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At 0908 GMT on Thursday, commercial banks quoted the currency of Africa's second-largest copper producer at 10.0850 per dollar from 10.0000 at the close a week ago. “The local unit is expected to continue trading on the back foot as long as the market does not see any pick in supply of dollars,” …
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The euro EUR=EBS was up 0.2 percent on the day at $1.1850 against the dollar and not far from a one-month high of $1.1862 set last week in a holiday-shortened week. Trading conditions were thinner than usual on Thursday, with Japanese financial markets shut for a public holiday and U.S. markets …
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