Search Results for 'po'

Pound Sterling / Euro and US Dollar exchange rates

The Pound declined against the higher-yielding currencies again, recording yet another 27-year low of 1.4560 against the Australian Dollar and this now represents the ninth consecutive week that the Pound has dropped to lowest level since [...]

Posted On : Feb, 17 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

Worst Currency Lifts South African Exporters as Growth Slows

The world’s biggest major-currency decline is benefiting South Africa’s largest companies as export earnings in dollars rise and commodity producers from AngloGold Ashanti Ltd. to Sasol Ltd. beat peers in the stock market. [...]

Posted On : Dec, 29 2011 | Comments : 0

Europe woes hit Asia FX again, intervention spotted

Emerging Asian currencies slid on Thursday as investors rushed into safe assets before year-end on expectations for further losses as the euro zone's debt crisis continues. The Indian rupee hit a record low against the dollar for a fo [...]

Posted On : Dec, 16 2011 | Comments : 0

Asian Currencies Weaken After S&P Warns Europe of Possible D...

Asian currencies dropped, led by Indonesia’s rupiah, after Standard & Poor’s warned that the credit ratings of 15 euro-area nations may be cut, adding to concern global growth is slowing. The MSCI Asia-Pacific Index (MXAP) of [...]

Posted On : Dec, 06 2011 | Comments : 0

Asian Currencies Strengthen, led by Korea’s Won, on IMF Ital...

Asian currencies strengthened, led by South Korea’s won, as speculation the International Monetary Fund will help Italy reduced concern Europe’s debt crisis will slow global growth and boosted demand for emerging-market assets [...]

Posted On : Nov, 28 2011 | Comments : 0

Egypt's Currency Likely To Fall From Political Instability

With protesters returning to Cairo's Tahrir Square, the political risks are leaving Egypt's currency vulnerable to a big fall as its central bank runs out of reserves with which to support it. The Egyptian pound has been remark [...]

Posted On : Nov, 23 2011 | Comments : 0

Argentina's Foreign Currency Deposits Fell 7% Last Week?

BUENOS AIRES (Dow Jones)--Argentine banks saw their foreign currency deposits fall 7% last week as savers pulled more than $1 billion out of the financial system due to fears the government could implement more foreign exchange controls i [...]

Posted On : Nov, 19 2011 | Comments : 0

Currency market shrinks post charges

The Indian currency derivatives market shrank nearly 40% in October, a month after two major exchanges, the National Stock Exchange of India Ltd (NSE) and MCX Stock Exchange Ltd (MCX-SX), introduced transaction charges in the segment in d [...]

Posted On : Nov, 04 2011 | Comments : 0

Won, Singapore dollar break resistance; EU progress lifts As...

SINGAPORE: Most emerging Asian currencies rose on Thursday as Europe's plan to ease its debt crisis boosted riskier assets, while the South Korean won and Singapore dollar breached resistance lines, indicating possible further gains i [...]

Posted On : Oct, 29 2011 | Comments : 0

China’s currency policy damages both countries, says Brookin...

China and the U.S. are two of the world’s most important economies and their interdependence means that unilateral policies on the complex and critical currency problem results in both sides being hurt, argues Brookings scholar Kenn [...]

Posted On : Oct, 18 2011 | Comments : 0

Singapore Reduces Currency Band’s Slope on Slowing Inflation

Singapore will slow gains in the local currency because the deteriorating global economic outlook is expected to lead to a moderation in inflation, the central bank said today in its semi-annual exchange-rate review. “Given the s [...]

Posted On : Oct, 14 2011 | Comments : 0

Don't politicize Chinese currency

The battle over a U.S. Senate bill to admonish China for alleged currency manipulation has several lawmakers pushing for a vote next week on the measure that they say will strengthen trade and increase jobs. The bill would require the [...]

Posted On : Oct, 03 2011 | Comments : 0

Funds keep slashing bets on Korean won, Singapore dollar

The South Korean won on Monday fell to its lowest against the yen since March 2009 and the Singapore dollar saw the biggest single-day loss since early August, with a broad range of funds pulling money out of emerging Asia on fears of a G [...]