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The euro against the dollar recovers

November 3, 2011

As pressure continues to weigh on the market pending an outcome of the debt crisis in the eurozone and the Governing Council of the ECB decided to lower European interest rates 25 basis points, can be said against the dollar, the euro has a small margin. 22 hours to GMT (23 hours in Paris), the [...]

Morocco: transactions can be settled in yuan (China)

October 24, 2011

Proof if any of the growing weight of China in the international financial world, Banque Centrale Populaire of Morocco has announced that it would now settle their transactions in yuan. One possibility which follows the framework agreement to settle cross-border commerce between the British bank Standard Chartered – very established in Asia – and the [...]

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