AUD Australian Dollar: What it is, How it Works, Forex Markets

They add hidden markups to their exchange rates – charging you more without your knowledge. Australia also prints polymer banknotes for a number of other countries through Note Printing Australia, a wholly owned subsidiary of the Reserve Bank of Australia. The AUD/USD currency pair tends to be negatively correlated with the USD/CAD (the Canadian dollar),…

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J P. Morgan leads Europe’s biggest tech IPO of 2018

Pinduoduo inc. (PDD) IPO’d at $19 per American depositary share, offering a total of 85,600,000 ADS. As a result, the company raised more than $1.6 billion in its public offering. Pinduoduo is an online shopping platform that offers customers the chance to gang up to earn greater discounts from merchants. Pinduoduo managed to outpace other…

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