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Dollar Inches Up Against Dong – International Edition (English)
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On Thursday morning, the U.S. dollar saw a slight increase against the Vietnamese dong but declined when compared to most significant currencies. Vietcombank sold its dollars at a rate of VND26,150, which was 0.07% higher than before. The State Bank of Vietnam reduced its reference rate by 0.01% to VND24,927. In the underground market,…
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Gold Soars To 2-Week High: International Edition (English)
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On Thursday, Vietnam’s gold prices remained near an all-time high reached approximately two weeks prior. This stability occurred as global rates increased, accompanied by inflationary concerns. The Saigon Jewelry Company’s gold kafe increased by 0.41%, reaching VND122.7 million per tael. It should be noted that one tael is equivalent to 37.5 grams or approximately…
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Is This The Perfect Moment For Seniors To Lock In High Cd Rates Before Rates Drop?
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PNN New Delhi [India], May 10: Many elderly people in India depend on fixed deposits (FDs) for stable and consistent earnings. Given that special higher interest rates are provided solely to those who are 60 years old or older, such deposits have become a favored option for their financial plans after retiring. However, considering…
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Sec Urges Enhanced Integration Among African Markets – International Edition (English)
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The Securities and Exchange Commission (SEC) has urged collaboration amongst African financial markets with the aim of fostering greater interconnectedness across the continent and promoting the creation of innovative products. During his visit to the Autorité Marocaine du Marché des Capitaux (AMMC), also known as the Moroccan Capital Market Authority in Rabat on Monday,…
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Global Market Meltdown
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Pakistan, May 10 – While war can boost certain industries, it often leads to the decline of others—stock exchanges being particularly susceptible. Following India’s missile tests and drone incursions, it became evident that the market would face significant turbulence. However, it is reassuring to observe that despite Thursday’s dramatic drop, the markets managed to…
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Market Cap Surges ₦1.05 Trillion In A Day: Eti And Peers Power The Rally (International Edition)
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Yesterday, the equity segment of the Nigerian Exchange Limited ( NGX ) maintained its upward ekspresi dominan with an increase of ₦1.05 trillion due to robust investor enthusiasm for Ecobank Transnational Incorporated Plc (which surged by 10 percent) along with another 41 major stocks. The All Share Index (ASI) increased by 1,662.60 points, marking…
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Gold Drops As Optimism Over Us-China Trade Softens Safe-Haven Appeal
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Lagos — Gold prices slipped on Wednesday as reports of upcoming trade talks between US and Chinese officials lifted market sentiment and reduced safe-haven demand. The prospect of negotiations between Washington and Beijing has fueled optimism, even as broader trade uncertainties persist. Investor focus is also directed at the Federal Reserve’s policy decision later…
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Dollar Inches Up Against Dong – International Edition
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On Thursday morning, the U.S. dollar saw a slight increase against the Vietnamese dong but declined when compared to most significant currencies. Vietcombank sold its dollars at a rate of 0.07% higher, equating to VND26,150 per dollar. The State Bank of Vietnam reduced its reference rate by 0.01% to VND24,927. In the black market,…
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Casablanca Stock Exchange Ends Session In Red
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The Casablanca Stock Exchange ended lower on Thursday as its main indicator, the MASI, decreased by 0.09%, closing at 17,595.84 points. The MASI 20, comprising the 20 most traded shares, declined by 0.04% to reach 1,434.7 points. In contrast, the MASI ESG, an indicator for firms with superior ESG scores as evaluated by Moody’s…
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Gold Drops as Optimism Over US-China Trade Softens Safe-Haven Appeal
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Lagos — Gold prices slipped on Wednesday as reports of upcoming trade talks between US and Chinese officials lifted market sentiment and reduced safe-haven demand. The prospect of negotiations between Washington and Beijing has fueled optimism, even as broader trade uncertainties persist. Investor focus is also directed at the Federal Reserve’s policy decision later…