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The world’s money markets can change within minutes – and new developments are taking place every second.
To keep you up to speed, our currency writers provide you with the latest news on the international and FOREX markets, foreign exchanges, currency exchange rates, and other relevant financial matters.
We also provide commentary and groundbreaking analysis so you have a broad understanding of the developments shaping economies.
Whether you require the latest currency news as a trader, are thinking of widening your investment portfolio, or would simply like to keep abreast of the latest exchange rate developments, we deliver.

India is preparing to canvas major trading partners such as Iraq, Japan and Venezuela to accept payments for their exports in rupees. Known as currency swap agreements, they allow countries to trade in their local currencies rather than the American dollar. An initial panel launched in August to study the effects...
Expats are bearing the brunt of the Bank of England’s plans to punt interest rate rises into touch. Bank of England governor Mark Carney has put any thought of a rate rise out of mind for many months. He blames low inflation and economic volatility around the world. The news has sent...
Virtual currencies are throwing up a series of problems for governments trying to exert some control on a personal asset that only exists online. Many governments are still coming to grips on whether virtual money is real or not. The problem is gains from currency trades are not taxable in many...
The Indian rupee has reached a record low this past week at 68.825 rupees to the US dollar. This is a difficult situation for India, particularly because of the increasing inflation that is sweeping the nation. The government have been taking measures to control the situation to the best of...
Deflation in the Eurozone is the latest potential financial crisis to hit British expats in retirement destinations like Spain, France and Portugal. The European Central Bank admit deflation is a real concern and is putting checks and balances in place to try to avoid falling prices. Although a cheaper cost of...
Due to the need for an independent Scottish currency, Vince Cable has insisted the Royal Bank of Scotland (RBS) would “inevitably” move to London in the event of an independent Scotland. Scotland is holding a referendum in September this year to decide whether to end its 307-year union with England. Currently,...
All eyes are on the Chinese yuan as Asia Pacific central banks tinker with interest rates to try to spur economic growth. Banks are cutting rates around the region in a bid to spur flagging growth and slow down inflation, but all their plans could come to nothing if China...
Expats may have been the victims of a banking scandal involving the fixing of foreign currency exchange rates, according to financial watchdogs. International regulators are investigating banks and foreign currency exchanges to examine how they set rates. The crackdown has already seen nearly 40 international traders suspended or sacked. The inquiry is...
The chief executives of six major car hire companies have been hauled over the coals by the European Commission for their pricing policies. The letter was sparked by complaints from motorists around Europe who claimed they could not pay the cheapest prices for car hire because online booking sites discriminated...
China's yuan has overtaken the euro to become the second most popular currency in trade finance, it has been revealed. The Belgium-based global transaction services platform SWIFT said the market share of yuan used in trade finance (something also termed Letters of Credit and Collection) increased to 8.66% in October...
A US Senate committee hearing regarding the online currency bitcoin has been told it is a "legitimate financial service" as its value soars to over USD 900. The Homeland Security and Governmental Affairs Committee has been informed the virtual currency experiences the same benefits and pitfalls as the multiple other...
Advertising watchdogs are warning expats to watch out for misleading foreign exchange rates quoted by currency brokers. The alert from the Advertising Standards Authority comes after broker World First was rapped for displaying exchange rates that were unavailable to customers on their web site. Rival foreign exchange firm Eris FX complained...
A stronger pound is good news for expats who have more spending power overseas. Sterling has seen a steady rise against other major currencies over recent months, and the signs are that as the UK economy outpaces recovery in Europe, the gap will continue to widen between the value of...
First, investors poured money into emerging markets with promises of dramatic returns. Now, after a lack of the desired results, investors have been yanking their money back out – with over USD 6.3 billion being taken from emerging market equity funds last week alone. This is the biggest outflow of dollars...
Gibraltar is launching a bid to become the world’s virtual currency hub with an exclusive exchange traded instrument for investing in Bitcoin. BitcoinETI will trade on the Gibraltar Stock Exchange (GSX) and colisted on the German Deutsche Bourse under the ticker BTCETI. The move is the first officially traded and regulated...