Search Results for 'Market'

Market exchange rates -- April 3

The central parity rate of the RMB against five major currencies announced on April 3 by the China Foreign Exchange Trading System: Currency Unit Middle Price (in RMB yuan) U.S. Dollar 100 683.20 Euro 100 918.73 Japanese Yen 100 6 [...]

Posted On : Apr, 03 2009 | Comments : 0

Market sentiment shifts as Naira begins resurgence

The foreign exchange market reopens this morning with a significant shift in sentiment as new measures to curb the slide in the naira announced last week by the Central Bank of Nigeria (CBN) come into effect. Already, the naira has made so [...]

Posted On : Jan, 19 2009 | Comments : 0

GLOBAL MARKETS-US dollar gains, world stocks slip

The U.S. dollar rallied to new high for the past month against the euro on Tuesday after news of the biggest contraction in the U.S. trade deficit in 12 years, and ahead of an expected interest rate cut by the European Central Bank later th [...]

Posted On : Jan, 14 2009 | Comments : 0

Black markets exchange rate soars to VND17,520/US$1

VietNamNet Bridge –The greenback price on the black market this morning soared to over VND17,500/US$1 in Hanoi. The gold price has also been increasing to follow the dollar price increase, despite the price falls in the world’s [...]

Posted On : Dec, 26 2008 | Comments : 0

Foreign currency market contracting old disease

There have been signs showing that people have been beginning to keep foreign currencies instead of VND, as the basic interest rate has been slashed to 11% per annum and is likely to decrease even further in the times to come in order to pr [...]

Posted On : Nov, 24 2008 | Comments : 0

Dollar, Yen Fall as Credit Markets Ease

The U.S. dollar had its worst day against the euro in three weeks on Monday, while the yen weakened broadly, as credit conditions eased after major central banks unleashed a slew of measures to rescue a distressed global financial system. [...]

Posted On : Nov, 07 2008 | Comments : 0

Markets cautious ahead of US presidential vote

Investors hunkered down Tuesday ahead of a US presidential vote that could be pivotal to the handling of the financial crisis, as central banks kept up efforts to bolster the ailing world economy. Hopes were high that the next US leader [...]

Posted On : Nov, 04 2008 | Comments : 0

Currency-Price Swings Disrupt Global Markets

Sharp moves in global currency markets are being driven by short-term factors such as the fear of economic distress and the unwinding of trades that depended on borrowed money. But the currency swings are likely to have long-term economic i [...]

Posted On : Oct, 25 2008 | Comments : 0

Dollar Gains on U.S. Government Plan to Revive Credit Market...

The dollar rose the most in a month against the yen as central banks pumped cash into global credit markets and the U.S. government started work on a plan to prevent further finance industry collapses. The currency gained for the first ti [...]

Posted On : Sep, 19 2008 | Comments : 0

India cbank sold $9.9 bln in currency market in July

India's central bank sold a gross $9.9 billion in currency market intervention in July, the highest on record, in a volatile month when the rupee hit a 15-month low but then later rose 1.1 percent on the dollar. The central bank's monthly [...]

Posted On : Sep, 13 2008 | Comments : 0

Euro falls against US dollar as markets wait for Fed hints

The euro fell slightly Tuesday against the U.S. dollar as markets awaited hints from the U.S. Federal Reserve about interest rate moves and economic figures from Washington. The 15-nation euro purchased US$1.5526 in morning European tradin [...]

Posted On : May, 13 2008 | Comments : 0

South Africa: Major Step Forward for Local Financial Markets

THE JSE's rand futures market will be opened up, Finance Minister Trevor Manual announced in his Budget speech on February 20. With these few words he opened up a huge market previously only available to a few select institutions. Now all [...]

Posted On : May, 05 2008 | Comments : 0

Emerging Markets Lead 40% Currency Trading Jump, Euromoney S...

Emerging markets led a 40 percent gain in currency trading to $175 trillion last year as banks relied on foreign exchange for earnings during a global credit- market crisis, according to a Euromoney survey. Transaction volume in currencie [...]

Posted On : Apr, 30 2008 | Comments : 0

Bear's Crisis Shocks Stock Markets

Stocks were pummeled after a plan to alleviate a liquidity crisis at Bear Stearns sparked concerns about the depth of the problems in the already roiled financial markets. The Dow Jones Industrial Average opened higher Friday, boosted by [...]