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. […]
World News
FOREX-Dollar slides in thin trading; yen weakens as well
The dollar skidded on Monday in thin trading as investors locked in profits ahead of the Christmas holiday, although losses could be limited by continued uncertainty about the ongoing U.S. budget talks to avert a toxic mix of higher taxes and spending cuts. The greenback tends to benefit as a […]
Dollar edges higher as U.S. fiscal talks eyed; yen drops
The dollar rose against major currencies on Monday, buoyed by uncertainty about U.S. budget talks, while the yen tumbled to a 20-month low after Japan’s incoming prime minister stepped up pressure on the Bank of Japan to easy monetary policy. Volatility could increase as the year-end deadline on the U.S. […]
