Central Bank of Oman names banknotes which will cease to be legal tender in 2025
Currencies
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Abu Dhabi
UAE National Day rules; Saudi visa exemptions; New petrol prices; Riyadh to host Expo 2030; Dubai plans ‘Vegas Island’ – 10 things you missed this week
UAE National Day 2023, Saudi visa rules, petrol prices fall, Riyadh wins Expo 2030 bid, Dubai plans Vegas-style island and more top news stories this week
counterfeit
UAE busts half price fake cash scam gang
UAE Public Prosecution jails fraudsters over counterfeit currency scam
Currencies
India’s central bank to withdraw INR2,000 banknote from circulation
Indian banknote continues to be legal tender till September 30; Notes can be exchanged in banks up to INR20,000 at a time from May 23
Currencies
King dollar fights back after turbulent year
Markets are positioning themselves for more policies and stimulus from new President Biden, and the potential for higher prices
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Asian stock markets
India, Pakistan, global markets and oil – the losers in recent global events
Jameel Ahmad, global head of Currency Strategy & Market Research at FXTM, analyses the losers in recent global events
Currencies
Indian rupee touches record low as Asia markets tumble
Emerging market currencies sink in Asia on Friday, with the Indian rupee at a new record low
British pound
Indian rupee to hit 90 to GBP mark, says UAE Exchange CEO
UAE Exchange CEO Promoth Manghat said he believes the 90 rupee to 1 pound mark will be hit either this quarter or this year
Currencies
Indian rupee hits record low of 70 to the dollar
South Africa, Argentina, Mexico, Brazil and Russia have all seen their currencies slip over the past week because, like Turkey, they remain heavily dependent on foreign capital, especially the dollar
Canadian dollar
Where to invest your money in 2018: foreign exchange market
It looks set to be a challenging year for the US dollar against the Euro, according to Georges Batrouni, head of Middle East at ActivTrades. Here’s his take on 2018:
Euro
We’re quite bullish on the Euro. As all currencies are paired against the dollar, this trade is looking positive throughout 2018.
The Eurozone seems to have put the […]