Archive for December 1st, 2009

NT$-YUAN PACT SOON
China Post
An agreement allowing banks in Taiwan and China to engage in direct currency trading is expected to be signed soon to help cut operating costs and reduce

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NZD Remains Bid on Tuesday, JPY Falters on Speculation for Intervention
Daily FX
The New Zealand dollar rallied against the greenback for the second-day and is the best performing currency on Tuesday as the exchange rate jumped to a high

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Colombia Central Bank's Influence On Peso Is Limited–Director
Wall Street Journal
BOGOTA (Dow Jones)–The Colombian Central Bank's influence on the peso exchange rate is limited because of the power of international capital funds,

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CNPC Hong Kong raises 480 mln US dollars
Xinhua
Kong-listed red-chip China National Petroleum Corporation (Hong Kong) raised 3.72 billion HK dollars (480 million US dollars) from a share placement.

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Forex Pounds to Dollars 1 Dec 2009
Forexrazor
High-Risk Warning Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work

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Telegraph.co.uk
Reports: North Korea Revalues Currency
Voice of America
N. Korea has sharply raised the value of its currency, causing confusion, and a sudden spike in demand in for Chinese yuan and US dollars Photo: AP North
Pyongyang Revalues Won, Spurs ChaosWall Street Journal
Chaos reportedly erupts after North Korea revalues currencyWashington Post
North Korea Slashes Its Currency ValueABC News
Forbes -BusinessWeek
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Russia eyes faster growth, higher oil prices
Forbes
'We think the fast exchange-rate appreciation is worrying because it is worsening our competitiveness,' Klepach said. 'We had planned for the rouble to

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Financial Times
Vietnam's central bank to sell US dollars to banks
Thanh Nien Daily
Vietnam's central bank will sell US dollars to commercial banks that have a foreign-currency deficit of more than 5 percent to help stabilize the market,
Vietnam central bank says moves aimed at signaling flexibilityThanh Nien Daily

all 19 news articles »

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Times Online
WORLD FOREX: Dollar Retreats As Market Sentiment Improves
Wall Street Journal
NEW YORK (Dow Jones)–The dollar remained down against the euro Tuesday morning as a steady drip of positive global
FOREX-US dollar down on improving Dubai outlook; yen fallsForbes
FOREX-Dollar down on UAE moves; Japan comments hit yenReuters
All Eyes on the EuroWorld Currency Watch (blog)
ForexTV.com -Wall Street Journal -Wall Street Journal
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Globe and Mail
Russia to add dollar in next few months
Globe and Mail
Russia has the world's third-largest foreign exchange reserves at $443.8-billion, 47 per cent in US dollars 41 per cent in euros, 10 per cent in British
Russia to add Canadian dollar to reserves in coming monthsReuters Canada

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