Elite and Western Union Business Solutions Partner to Streamline International Online Payments

Posted On: February 28, 2011
Integration with Western Union Business Solutions Now Enables Global Payments Directly into Elite SystemsElite, a Thomson Reuters business, is happy to announce a strategic alliance with Western Union... [More]

Category: News Releases

Traders look to hedge currency risk in Dubai

Posted On: February 28, 2011
The city-state of Dubai is doing more business than ever with India - and as a result, that country's Business Standard reported recently, rupee trading is gaining popularity in the United Arab Emirates. [More]

Category: Industry News

Low Fed rate expectations depress dollar, boost European currencies

Posted On: February 28, 2011
The euro, the British pound and the Swiss franc rose on Monday, bolstered by consumer inflation statistics, the burgeoning revolution in Libya and expectations that the U.S. will maintain its loose monetary policy for some time. [More]

Category: Industry News

For small British manufacturers, declining pound not always a good thing

Posted On: February 25, 2011
Generally, exporters benefit when their country's currency depreciates, as a weaker currency means repatriated foreign revenues will be worth more. [More]

Category: Industry News

World Bank sponsors risk-management sessions for coffee farmers

Posted On: February 25, 2011
Coffee futures prices have more than doubled since last summer - and in an investment climate where commodity derivatives are so volatile, managing risk is crucial for agricultural producers. [More]

Category: Industry News

Nestle India pressured by rising commodity costs, rupee

Posted On: February 24, 2011
Nestle India saw its net sales rise nearly 24 percent in the fourth quarter of 2010 - but it had to contend with higher commodity costs and an appreciating rupee as the year wore on. [More]

Category: Industry News

Dollar firmer on rate rise expectations

Posted On: February 24, 2011
Western Union Business Solutions Corporate Risk Manager Charles Wiggins commented on recent movements in the Australian dollar Thursday for News.com.au.   "It dipped initially when the capex wa... [More]

Category: Media Coverage

Libyan turmoil sparks unease in currency markets

Posted On: February 22, 2011
The violent unrest plaguing Libya is spurring investors to buy safe-haven currencies and shun risk-linked currencies this week. [More]

Category: Industry News

Currency risk management upgrades needed: official

Posted On: February 22, 2011
Companies with operations in India should upgrade their risk management systems to protect themselves against volatility in the currency markets, an Indian central bank official has said. [More]

Category: Industry News

Dong devaluation bad for business: Moody's

Posted On: February 22, 2011
Vietnam recently moved to devalue its currency, the dong - but its move, designed to spur economic growth, could affect asset quality at the country's banks. [More]

Category: Industry News