Sep 252014
NZ Dollar Weakens After RBNZ Wheeler's Currency Warning
Wheeler noted that the real exchange rate of the currency is well above its sustainable level and also above levels justified by short-term business …
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China Watchdog Finds $10 Billion in Fake Currency Trade
China uncovered almost $10 billion in fraudulent trade nationwide as part of an investigation begun in April last year, including many irregularities in …
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UPDATE 2-NZ cenbank talks tough on currency, raises intervention risk
Wheeler's comments knocked the New Zealand dollar, the tenth most traded currency globally, by more than half a cent to $0.7962, its weakest since …
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UPDATE 1-China currency regulator uncovers $10 bln in fake trades
… year after the fake trades were first uncovered, the currency regulator said on Thursday, adding that a crackdown had now stamped out the practice.
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