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Archive for May 12th, 2009

TUESDAY PREVIOUS Floating Interbank Rate (Rs/$) 80.46/80.52 80.50/80.58 Rupee/US $ (kerb market) 80.50/80.70 80.60/80.75 Karachi 100-share index 7,296.90 7,122.92 Gold (Karachi) Rs/10 gm n/a 23,550 =====CENTRAL BANK AUCTIONS===== Treasury Bills …

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TOKYO, May 13 (Reuters) - The dollar hit a four-month low against a basket of currencies and a seven-week trough versus the euro on Wednesday, facing renewed selling amid a recovery in risk appetite that has curbed safe-haven buying of dollars …

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TOKYO, May 13 (Reuters) - The dollar slumped to a four-month low against a basket of currencies on Wednesday, facing renewed selling amid a recovery in risk appetite that has curbed safe haven buying of dollars. Traders said the dollar also came …

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TOKYO, May 13 (Reuters) - The dollar index extended its losses and hit a four-month low on Wednesday and the dollar faced renewed selling amid a recent recovery in risk appetite that has curbed safe haven buying of it. Traders said the dollar also …

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FXstreet.com (Córdoba) – The Yen rose against major currencies for second day in a row against European currencies. USD/JPY fell for third consecutive day. Today reached a fresh May low at 96.10. The pair has support at 96.00 (below today’s lows …

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FXstreet.com (Barcelona) - After reaching 1.5350, fresh 4-month high, the GBP/USD has fallen around 140 pips to find support at 1.5210, currently the pair is trading around 1.5240/50, rising 0.80% so far today from opening price. Valeria Bednarik …

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NEW YORK, May 12 (Reuters) - Growing optimism about the global economy boosted investors risk appetite, leading to a sell-off in the dollar on Tuesday to a four-month low as demand for the U.S. currency as a safe haven dwindled. Stronger-than …

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FXstreet.com (Córdoba) – On the day that shares of General Motors fell to the lowest price since 1933 the Dow Jones is falling below 8400. Since the begging of the American Session the dollar is weaker against the yen. To European currencies has …

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MUMBAI: Positive cues from local equity markets helped the Indian rupee to recover by 20 paise to close at 49.30/31 against the dollar, breaking two session of decline. A weak dollar overseas against its major rivals also boosted rupee sentiment. In …

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NEW YORK, May 12 (Reuters) - The U.S. dollar fell to a four-month low on Tuesday as growing optimism that the global recession is easing dented the greenbacks safe-haven appeal. Stronger-than-expected UK retail sales, housing market and industrial …

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