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Iran’s rial at all-time low over strong dollar

  TEHRAN / AP At money changers across Tehran, shouting voices accompany each change of the signboards out front showing the value of the Iranian rial, which slips ever lower against the US dollar. This week saw Iran’s currency fall to 41,600 rials to $1, its lowest point ever. While making Iranian exports more attractive to the world market in ...

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China promotes Yin Yong as PBOC deputy governor

  Bloomberg China promoted Yin Yong to deputy governor of the central bank from assistant governor and named Liu Guoqiang as an assistant governor of the monetary authority. People’s Bank of China Deputy Governor Guo Qingping and assistant governor Yang Ziqiang will step down, according to a statement on the State Council’s website without giving further details. Yin worked for ...

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Alma in wonderland!

  Vienna / DPA Music comes to Alma Deutscher when she dreams. “I sometimes get a melody in the middle of the night. Then I wake up and I sneak out of bed and I write it down in my notebook,” the British girl says. Like many 11-year-olds, Alma also has a vivid imagination when she is awake, but unlike ...

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