Tag: currency fluctuations

A New Way Forward For Nigeria?

A New Way Forward For Nigeria?

A New Way Forward For Nigeria? by Mark Mobius, Franklin Templeton Investments A couple of years ago, many investors were optimistic about Nigeria and the stock market was booming, buoyed by strong economic growth and government reforms to improve the […]

Cutting Through The Currency Fog

Cutting Through The Currency Fog

Cutting Through the Currency Fog by Mark Phelps and Dev Chakrabarti, AllianceBernstein With the euro sliding deeper against the dollar this week, equity investors have been getting nervous. But why is everyone so surprised when known currency fluctuations derail earnings? […]

DKK: Danish CB With Knife In The Banks Guts

DKK: Danish CB With Knife In The Banks Guts

DKK: Danish CB With Knife In The Banks Guts by Thomas Borgsmidt For the last couple of month the Danish currency (DKK) has been under pressure for at revision upwards in relation to the EUR. The story is more complicated than […]

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Apple Inc. (AAPL) Suspends Online Sales in Russia

Apple Inc. (NASDAQ:AAPL) suspended its online store sales in Russia amid the extreme fluctuations of the Ruble following a sudden interest-rate hike. In an e-mailed statement to Bloomberg, the iPhone maker’s spokesperson Alan Hely explained, “Our online store in Russia […]