Jack Lew: China's currency is not ready for prime time

Jack Lew: China's currency is not ready for prime time

Treasury officials have long accused China of keeping its currency artificially low by hoarding foreign reserves, instead of allowing it to move freely in foreign exchange markets. A weak currency cheapens the price of a country's exports, making them …

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Evraz Climbs to Two-Year High on Plan for 5 Million Buyback

Evraz is buying back shares after cutting debt and boosting profit as a weaker currency curbed ruble costs while increasing the value of exports. Rival Russian steelmakers, OAO Novolipetsk Steel and PAO Severstal, are also … The company reported a …

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Foreign Exchange Rates – Latest Pound Sterling, Lira, Ruble, Rupee and Yen …

Note: the foreign currency rates above, revised as of 1st Apr 2015, are inter-bank prices that will incur an extra cost by your bank for any international money transfer requirements. Speak to a recommended FX provider to lock in the best exchange rates.

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New service offers exchange rate savings and peace of mind for relocating …

HCR has teamed up with leading foreign currency broker TorFX to provide a new service for its clients. The relocation specialist is unveiling HCR Money Transfers – offering competitive exchange rates and free money transfers for clients' employees who …

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