Foreign Exchange Archives · Page 2 of 100

UK Service Sector Recovering After Post Brexit Drop

Published by Rajesh Namase on October 5, 2016

The UK service sector took a sharp drop in activity following the Brexit vote for the UK to leave the EU. Concerns regarding Britain’s place in the EU free trade area had led to sharp drop in business activity after the June referendum. Both service and manufacturing sectors dropped rapidly in Jul [...]

UK Trade Deficit Drops But Manufacturing Must Improve

Published by Pavan Lipare on September 10, 2016

The UK trade deficit measures the difference between imports and exports. If there are more imports into the country than exports out of it, then there is a deficit. It takes time to measure correctly, and the Office for National Statistics (ONS) has just announced the July figures. The trade de [...]

Brexit Effect – Economic Effects of Britain Leaving EU

Published by Pete Nisbet on September 1, 2016

The Brexit effect on Asian and European manufacturing are still lingering. Manufacturing in these areas is still down August, although UK industry appears to be the exception. This is contrary to the post-Brexit slump that most commentators expected. Part of the UK’s unexpected increase in figures [...]

Nigerian Banks Suspended from Foreign Currency Deals

Published by Pavan Lipare on August 24, 2016

Nine Nigerian banks have been suspended from foreign currency transactions due to defaulting on debts owed to the Nigerian government. The amount involved, and owned between the nine banks, is said to be $2.1 billion. The nine banks are apparently claimed to be withholding this sum that belongs to [...]

Eurozone Economic Growth Dropped Even After Euro 2016

Published by Pete Nisbet on July 29, 2016

The Eurozone economic growth has been reduced by half in the second quarter of 2016. These are the first figures to be released after the UK’s decision to leave the EU - although Britain was never part of the Eurozone: those countries using the Euro as their national currency. For that reason, t [...]

Bad Debt Repayment Arrangements in the UK

Published by Pete Nisbet on July 18, 2016

Credit cards are useful to those who prefer not to carry much cash with them. Many people use them prudently, paying by card then paying the total debt before interest is applied. Most others, however, use them as short term loans, and pay only the minimum each month as their debt rises. Others fool [...]

UK Service Sector Recovering After Post Brexit Drop

UK Trade Deficit Drops But Manufacturing Must Improve

Brexit Effect – Economic Effects of Britain Leaving EU

Nigerian Banks Suspended from Foreign Currency Deals

Eurozone Economic Growth Dropped Even After Euro 2016

Bad Debt Repayment Arrangements in the UK

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