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Currency Trends in Emerging Countries (Monthly Report)

2016-05-03 16:06:02| EmergingTextiles.com

The fall of the US dollar against the euro and the yen is not affecting emerging currencies which have actually dropped in the first four months of the year, as reflected by our tables and charts. Their sharp decline vs the euro should even boost demand from the eurozone and revamp clothing imports from low-cost countries. Our monthly statistical report displays a comprehensive view of currency values against the US dollar but also v. the euro, the British pound, the Indian and Pak rupees, and the Chinese renminbi over a 2-year period.

Tags: report monthly countries trends

Telefonica Q1 revenue, earnings hit by currency weakness

2016-04-29 02:00:00| Total Telecom industry news

Spanish incumbent upbeat on underlying growth, but net debt creeps above 50 billion.

Tags: hit currency revenue earnings

Currency and costs weigh on mixed H1 for Primark

2016-04-19 13:44:00| Daily apparel & textile news and comment - from just-style.com

A drop in first-half profit at UK value fashion retailer Primark reflects its investment to expand into the US as well as an increasingly bearish environment for clothing retailers.

Tags: costs mixed currency weigh

Digitel suspends int'l services due to currency crisis

2016-04-11 09:48:00| Telecompaper Headlines

(Telecompaper) Venezuelan operator Digitel has indefinitely suspended its international long distance and roaming services for fixed and mobile telephony due to the impossibility of canceling the contracts signed with partners abroad, reports El Impulso. The decision taken by the operator is due to the increased costs as a result of the entry into force of floating currency rates applied to the telecommunications sector, which requires the updating of prices of international services.

Tags: services due currency crisis