By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Global lender, the International Monetary Fund (IMF) said on Friday it will separately identify the renminbi (RMB) in its official foreign exchange reserves database starting October 1, 2016. “The change will be reflected in the survey for the fourth quarter of 2016 that will be […]
Tag: Swiss Franc
Dollar, euro, Swiss franc hit multi-year highs vs. yen
The dollar and euro rose to five-year highs against the yen on Friday, driven by upbeat U.S. data before the Federal Reserve’s meeting next week and dwindling excess cash in the euro zone banking system. The yen also slumped to a three-decade low against the Swiss franc, with some attributing […]
