The U.S. dollar traded above 86 yen on Thursday for the first time since August 2010 on expectations that Japan’s new prime minister would push for policies to weaken the Japanese currency. Traders also cited option barriers being breached at the 86 yen level. The dollar rose as high as […]
Author: InvestAdvocate
Mauritius to Finance New Africa Training Institute-IMF
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Thursday said Mauritius will help finance IMF’s New Africa Training Institute serving Sub-Saharan Africa. This is contained in a Statement by the Fund and made available to www.investadvocateng.com in Lagos Nigeria. According to the Statement, Christine Lagarde, Managing Director (MD) […]
IMF projects 5% Inflation Rate for Jordan 2012
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund Wednesday said Jordan’s Inflation Rate is expected to be around five percent (5.0%) for the year. This is contained in a Press Statement by Kristina Kostial, the IMF Mission Chief for Jordan and made available to InvestAdvocate in Lagos Nigeria. […]
