BoE keeps interest rate at record-low

BoE keeps interest rate at record-low

(VOVWORLD) - The Bank of England kept its primary interest rate at 0.1 percent Thursday, a week after cutting the rate to a record-low level to combat economic fallout...
Oil prices hit record one-year low

Oil prices hit record one-year low

(VOVWORLD) - Oil prices extended a sharp plunge Friday, with New York's key WTI contract diving more than five percent on fears of a global supply glut
China’s yuan hits 6-year low record

China’s yuan hits 6-year low record

(VOVworld) – On Friday, the China Foreign Exchange Trade System (CFETS) reported that the Chinese yuan has weakened 122 basis points to 6.7858 against the US dollar, hitting a six...