Sunday, 25 September 2016
|FOREX : EURSAR|
23 Sep 16 00:00
07:21 | 28/1/16
Bets against China's yuan and the Saudi Arabian riyal, made by the billionaire founder of activist hedge fund Pershing Square Capital Management, have largely failed as hedges against the effects of slumping Chinese stocks and declining oil prices due ... more»
But Riyadh may have to cut spending more as economy slows (Updates with new low for riyal, analysis). By Andrew Torchia and Archana Narayanan. more»
09:15 | 7/12/15
A Saudi Arabian 100 riyal note and an assortment of US dollar bills are arranged for a photograph in New York in this photo taken on November 19, 2007. more»
10:16 | 23/11/15
The longer oil languishes, the more pressure builds on Saudi Arabia to abandon its currency peg. Contracts used to speculate on the riyal's exchange rate in the next 12 months are trading near a 13-year high, after hitting a new one on Thursday. Six ... more»
23:41 | 22/11/15
In short, a depeg of the Saudi riyal is our number one black-swan event for the global oil market in 2016, a highly unlikely but highly impactful risk. more»
There are currently no comments on this topic.
Be the first person to Add a Comment...
You must be a registered user to post a comment: REGISTER NOW
If you are already registered, please LOGIN NOW