Many are choosing to trade in their traditional career path in favour of trading currency
and other instruments in the world's largest trading market.
Prime Minister Tun Dr Mahathir Mohamad said today he will not be surprised if the Chinese yuan takes over the United States dollar as a global trading currency
The Japanese Yen is currently the top Bitcoin trading currency
in the world, accounting for 56.2 percent of the total trading volume of Bitcoin against fiat currency.
The introduction of the dollar as international trading currency
led to a form of neo-imperialism that affected the political and economic resources of developing countries.
LAHORE -- The business community and the financial experts have welcomed the Planning and Development Minister Ahsan Iqbal's announcement that government is considering the China's proposal to use renminbi (RMB) or yuan as trading currency
in bilateral trade with Pakistan, advising that the real benefit lies only in enhancing local exports.
KARACHI -- China's proposal to use yuan as trading currency
in bilateral trade with Pakistan has been widely welcomed by the business community.
The commission for trading currency
pairs on Prime accounts is less as compared to ECN accounts and equals to 15 USD for the trading volume of 1 million USD.
The Egyptianpound weakened on Monday, which is its second day as a freely trading currency
. Traders expect the trend to keep up because of a severe dollar shortage in the banking system.
Dubai: Renminbi (RMB) is fast emerging as trading currency
of choice among the UAE based businesses, according a study by HSBC Commercial Banking.
India's pharmaceutical exporters want to make deals with Nigeria and other African oil exporters using the Indian rupee as trading currency
, according to India's Business Standard news website.
"Last year we launched exchange trading currency
pair yuan-tenge on our stock exchange.