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Archive for July, 2009

Eldon “E.A.” Gresham, a former standout football player for Texas Christian University, is accused by a federal agency of bamboozling dozens of people out of more than $15 million in a Ponzi scheme that relied on investors’ Christian faith and his …

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Aug 01, 2009 (LBO) - Sri Lanka’s Nations Trust Bank’s ‘A(lka)’ rating has been confirmed with a ’stable’ outlook by Fitch Ratings, following an 800 million US dollar forex loss, which had resulted in tighter monitoring. Fitch had also confirmed the …

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MUMBAI: Foreign exchange reserves rose $1.5 billion during the week ended July 24. But this was largely due to revaluation of the non-dollar assets in reserves. According to the latest data released by the Reserve Bank of India in its weekly …

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NEW YORK, July 31 (Reuters) - The U.S. dollar fell to its lowest for the year on Friday, as higher oil prices, steady stockmarkets, and data showing an unexpectedly small contraction in the U.S. economy boosted risk appetite and curbed safe-haven …

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NEW YORK, July 31 (Reuters) - The dollar fell to its lowest for the year on Friday, weighed down by higher oil prices, steady stock prices and data showing an unexpectedly small contraction in the U.S. economy, boosting risk appetite. Month-end flows …

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NEW YORK, July 31 (Reuters) - The dollar fell to its lowest for the year on Friday, weighed down by higher oil prices, steady stock prices and data showing an unexpectedly small contraction in the U.S. economy, boosting risk appetite. Month-end flows …

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FXstreet.com (Córdoba) – The Dollar weakness continues across the board. EUR/USD is near intra-day high at 1.4280 testing those levels, after Greenback recovery found support at 1.4235. The Euro is rallying on Friday against the Dollar. The pair …

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LAGOS, July 31 (Reuters) - Net losses at Nigeria’s biggest fixed wireless telecoms operator, Starcomms, more than trebled in its second quarter to June, due to foreign exchange losses, the firm’s chief executive said on Friday. Starcomms reported a …

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NEW YORK, July 31 (Reuters) - Emerging market stocks rose in quiet end-of-month trade on Friday as investors took to heart a report showing U.S. economic activity contracted less than expected in the second quarter. Latin American currencies rose …

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FXstreet.com (Córdoba) – The collapse of the Dollar against the Yen eased in the last hours. USD/JPY fell finding support at 94.50 and from there rose to 94.75. The mention zone has become a strong resistance for the recovery of Greenback. The …

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