Archive for March 6th, 2010

NEWS IN BRIEF: P/$ rate stands at P46.05 to $1
Manila Bulletin
The peso exchange rate stands at P46.05 to the US dollar, the closing rate last Friday at the Philippine Dealing & Exchange Corp. (PDEx).

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End to Special Yuan Policy Flagged
Wall Street Journal
Dow Jones Newswires earlier reported that Zhou had said China "should not exclude the possibility of certain fine-tuning" of China's forex policy "in

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China to keep yuan exchange rate 'basically stable' in 2010
Kyodo News
China will keep the yuan exchange rate ''basically stable'' in 2010, central bank chief Zhou Xiaochuan said Saturday. To access full stories on Kyodo News

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Idaho may start minting state's own silver currency
Seattle Times
Phil Hart, are being pushed as a way to jump-start Idaho's economy and could be used instead of US dollars to pay state taxes. By Betsy Z. Russell BOISE

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Earthtimes (press release)
CHINA NPC: China Says Forex Rate Issues Shouldn't Be Politicized
Wall Street Journal
BEIJING (Dow Jones)–China's commerce minister and central bank chief both said Saturday that foreign-exchange rate issues shouldn't be politicized.
China to move gradually on yuan – commerce ministerReuters India
China's Bank Chief Says Currency Is Unlikely to RiseNew York Times
China rejects demand for revaluation of the YuanTimes of India
The Hindu -WEAR -Xinhua
all 172 news articles »

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Brazil Defends Currency Exchange Rate Policy
Bernama
RIO DE JANEIRO, March 6 (Bernama) — Brazilian Finance Minister Guido Mantega defended the country's currency exchange rate policy on Friday, saying that it
Mantega: Brazil Real Overvalued, Floating Forex Policy To RemainWall Street Journal

all 5 news articles »

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Telegraph.co.uk
China May Fine-Tune Exchange Rate Policy to Respond to Crisis
BusinessWeek
March 6 (Bloomberg) — China's government may “fine-tune” the country's exchange rate policies to respond to global economic crises, the People's Bank of
CHINA NPC: PBOC Zhou Opens Possible Shift On Forex PolicyWall Street Journal
RMB exchange rate to remain stableCCTV
China c.bank to keep yuan basically stableReuters
AFP -Market News International
all 351 news articles »

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Globe and Mail
Dollar edges lower at end of week on higher risk appetite
Philippine Star
The new measures, aimed at saving 4.8 billion euros (about 6.5 billion US dollars), include a 30-percent cut in their holiday bonuses for civil servants.
Dollar weakens as US jobs data fuels risk takingChannel News Asia
Dollar lower on better-than-expected jobs reportThe Associated Press
Gold ends lower on strong dollarPeople’s Daily Online
Focus News
all 1,291 news articles »

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EURUSD Weekly Summary: Triple bottom at 61.8% Fibonacci retracement: Bullish
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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Straits Times
China c.bank to keep yuan basically stable
Reuters
BEIJING, March 6 (Reuters) – China's central bank pledged on Saturday to keep the yuan's exchange rate basically stable in
PBOC's Su Says Long-Term Yuan Gains Good for ChinaBusinessWeek
CHINA NPC: PBOC Restates Goals On Credit, Yuan, Global Financial SystemWall Street Journal
China Yuan-Dlr Parity Set Slightly Lower; +0.21% Y/YMarket News International
Reuters India -Interactive Investor
all 69 news articles »

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