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U.S. dollar this week. * The local currency recovered slightly to 7.7529 against the U.S. dollar from late Tuesday trade in Asia. It had fallen as low as 7.7549 in offshore trade on Monday, its weakest since Nov. 26, Reuters data showed. Some dealers ...
Read moreproposed mergers and acquisitions of U.S. companies. Historically, the wider the spread, the more investors doubt a deal will close. Arbitrage spreads measure the difference between the offered takeover price and the target company's current trading ...
Read moreHarare — THE introduction of the Foreign Exchange Licensed Warehouses and Retail Shops facility authorising businesses to sell goods and services in foreign currency, and the mushrooming of other unlicensed outlets has dealt a near-death blow to ...
Read moreAs volumes in currency futures have grown at Rs 2,400 crore a day over the past three months, market leader multi commodity exchange (MCX) expects the regulator to liberalise further in terms of increasing products, extending trading hours and an ...
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