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20 Oct 2018   
NZCity NewsLinks
China's yuan sinks further after US currency report
BEIJING (AP) China's politically sensitive yuan has sunk to a 22-month low against the dollar after the U.S. Treasury declined to label Beijing a currency manipulator amid a mounting tariff battle.The yuan fell to 6.9411 per dollar... 
© 2018 NZ Herald Thu 10:25pm 

Instagram users get free sushi in Milan with proof of posts
MILAN (AP) A Milan sushi bar has come up with a new electronic payment method that is based on a currency more valuable than cash in some quarters."This Is Not A Sushi Bar" is offering free meals to people with 100,000 or more... 
© 2018 NZ Herald Wed 7:45am 

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Britain to introduce new, more secure 50-pound notes
LONDON (AP) Britain plans to keep the 50-pound ($65) note part of its currency by introducing a new more secure version of its highest value bill.The Bank of England said Saturday the new 50-pound note will be printed on thin,... 
© 2018 NZ Herald Sun 1:45am 

Zimbabwe currency crisis: No cash, no bread, no KFC
A deepening unease is settling over Zimbabwe as the country's fragile local currency loses value at alarming speed. 
© 2018 BBCWorld Sat, 13 Oct 3:25am 

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China promises not to weaken yuan, criticizes US concern
BEIJING (AP) China's government has promised not to weaken its currency to boost exports and rejected U.S. concern about the sagging yuan as groundless and irresponsible.A foreign ministry spokesman, Lu Kang, said Tuesday that... 
© 2018 NZ Herald Tue, 9 Oct 10:25pm 

F-bombs earn currency traders a scolding under new surveillance
After a global scandal that cost them $14 billion in fines and settlements, banks are taking no chances - they're even cracking down on currency traders for offences as minor as uttering the f-word on the phone.The pendulum has... 
© 2018 NZ Herald Mon, 8 Oct 2:25pm 

Motorists warned lower NZ dollar will push up petrol prices
Car owners are being warned they will feel the pinch hardest as the US dollar drives down the New Zealand currency and pushes up petrol costs. 
© 2018 RadioNZ Sun, 7 Oct 4:15pm 

Kiwi dollar takes a dive and could fall further overnight: what it means for NZ and for you
The Kiwi dollar is at its lowest point since the start of 2016 and could fall as low as US63.5c overnight.The dollar has fallen 2.3 per cent this week, as currency traders anticipate the US Federal Reserve to continue to hike interest... 
© 2018 NZ Herald Fri, 5 Oct 7:05pm 

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US shies away from calling China a currency manipulator
The US Treasury held back from blaming Beijing for holding down the value of China's currency. 
© 2018 BBCWorld Thu 12:55am 

Administration declines to brand China currency manipulator
WASHINGTON (AP) The Trump administration has again decided not to brand China a currency manipulator. But the U.S. is targeting China and five others for special monitoring for what the administration says are practices that are... 
© 2018 NZ Herald Thu 11:05am 

Fake cash: Waitemata police on lookout for counterfeit money; man arrested
Police have issued a public warning about the spread of fake cash after arresting a Henderson man on currency and counterfeit offences.Police say counterfeit $100 notes were being used mainly in the west Auckland area, however,... 
© 2018 NZ Herald Tue 4:15pm 

Economist warns Bitcoin is the 'mother of all scams'
The economist who predicted the 2008 financial crash has warned American politicians that Bitcoin is "the mother of all scams" during a US Senate hearing on cryptocurrency.Nouriel Roubini, a fierce critic of virtual currency who... 
© 2018 NZ Herald Sat, 13 Oct 11:05am 

Pakistan's currency plunges as it seeks IMF loan
ISLAMABAD (AP) Pakistan's currency plunged by about 7 percent on Tuesday after the government said it would seek emergency bailout loans from the International Monetary Fund.The Pakistani rupee briefly weakened to 138 to the dollar... 
© 2018 NZ Herald Wed, 10 Oct 4:25am 

Australian Open prizemoney up 10 percent in local currency
MELBOURNE, Australia (AP) Australian Open organizers have increased the prize money by 10 percent in local currency for the first tennis Grand Slam tournament of the year to offset a drop in the Australian dollar.Tournament director... 
© 2018 NZ Herald Tue, 9 Oct 7:05pm 

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F-bombs earn currency traders a scolding under new surveillance
After a global scandal that cost them $14 billion ($22 billion NZ) in fines and settlements, banks are taking no chances -they're even cracking down on currency traders for offences as minor as uttering the f-word on the phone. 
© 2018 Mon, 8 Oct 2:45am 

Cash Confessions: On $215k we still struggle to make ends meet
This column is part of a Cash Confessions series. All currency is in Australian dollars. Living in Townsville, Australia, 40-year-old Toby* and his wife Leanne* have worked hard to provide a comfortable lifestyle for... 
© 2018 NZ Herald Fri, 5 Oct 8:25pm 

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