Search Results for 'Rise'

No surprises as high dollar casts pall over Reserve Bank for...

THE Reserve Bank's view of the year ahead foresees the economy growing at trend, against a background of grey clouds: a two-speed economy, with little growth in jobs, and a lot of downside risk - from Europe, and the high dollar. [...]

Posted On : Aug, 11 2012 | Comments : 0

Sterling rises to a three-and a half-year high against the e...

The pound was worth €1.28 as currency markets continued to fret over the ongoing eurozone debt crisis and whether Spain will need its own bail-out package. Some two million British holidaymakers are set to head overseas over the week [...]

Posted On : Jul, 21 2012 | Comments : 0

Dollar sinks towards parity as Euro tensions rise

The Australian dollar is threatening to fall through parity with the greenback after political turmoil in Greece came back to haunt global markets overnight and investors digested the federal budget. Online shoppers and people planning tr [...]

Posted On : May, 09 2012 | Comments : 0

Registration of fake currency cases on the rise

ISLAMABAD: Counterfeit currency circulation is on the rise as 44 cases were filed in January 2012; 37 in December; and 28 in November 2011, read a report by the Free and Fair Election Network released on Thursday. The report, based on [...]

Posted On : Mar, 30 2012 | Comments : 0

$A rises on retail trade figures

The Australian dollar has risen above 108 US cents on strong domestic retail data. At 1200 AEDT on Wednesday, the Australian dollar was trading at 107.95 US cents, up from 107.83 cents on Tuesday. The local currency hit 108.07 cents after [...]

Posted On : Feb, 29 2012 | Comments : 0

As China’s Currency Rises, U.S. Keeps Up Its Pressure

WASHINGTON — With little fanfare, China’s currency has appreciated significantly in the last year and a half, leading many economists to question whether the exchange rate is still the most important economic issue for the Uni [...]

Posted On : Feb, 16 2012 | Comments : 0

400 p.c. rise in fake currency circulation, says Finance min...

As fake currency continues to be pumped illegally into the country, a latest government report states that there has been a 400 per cent increase in such counterfeit transactions in Indian’s financial channels. The report, compil [...]

Posted On : Jan, 16 2012 | Comments : 0

Australian currency rises on US jobless, homes data

Further helping the local currency, and sentiment about the Australian economy, Australian house prices saw the first monthly rise in a year in November, buoyed in part by the first cut in interest rates from the Reserve Bank of Australia [...]

Posted On : Dec, 30 2011 | Comments : 0

Currency's value rise considered 'reasonable'

The renminbi is coming close to having a reasonable exchange rate, Chinese Commerce Minister Chen Deming said at the G20 summit. Chen told reporters on Thursday that the yuan has risen by about 30 percent against the US dollar since 2005, [...]

Posted On : Nov, 06 2011 | Comments : 0

FOREX-Euro dips; Aussie climbs on jobs surprise

The euro dipped on Thursday, taking a breather after rallying to a one-month high the previous day, with market players saying the single currency may eke out more gains ahead of a European Union summit next week. The Australian dollar [...]

Posted On : Oct, 13 2011 | Comments : 0

Rupee rises on firm euro, dollar inflows; Fed eyed

The rupee strengthened on Wednesday, pulling further away from a two-year low touched in the previous session, aided by dollar inflows and a firm euro. At 11:05 am (0435 GMT), the partially convertible rupee was at 47.86/87 per dollar, st [...]

Posted On : Sep, 22 2011 | Comments : 0

Currency corner: Rupee rises on equity boost, lower oil

The rupee ended stronger on Monday on the back of robust local shares, a weak dollar overseas and lower oil prices, and traders expect dollar inflows to support the local unit in the near term. The partially convertible rupee ended at 45 [...]

Posted On : Mar, 15 2011 | Comments : 0

Chinese Premier Rejects Faster Currency Rise

China's premier on Monday ruled out allowing a faster rise in the value of its tightly controlled currency to fight surging inflation, citing the danger of possible job losses and the impact on Chinese businesses. At a news conf [...]

Posted On : Mar, 14 2011 | Comments : 0

WORLD FOREX: Euro Falls, But May Rise Briefly On China Data

The euro fell against the dollar Thursday in Asia due to lingering European debt concerns, but some dealers think China's strong gross strong domestic product data and lower-than-expected price data will give the common currency a li [...]