Mumbai: The Indian rupee on Wednesday strengthened by five paise at 47.69 against the US currency in opening trade on anticipation of fresh capital inflows by funds amid dollar selling by exporters. At the Interbank Foreign Exchange (Forex) market …
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The Indian rupee on Wednesday strengthened by five paise at 47.69 against the US currency in opening trade on anticipation of fresh capital inflows by funds amid dollar selling by exporters. At the Interbank Foreign Exchange (Forex) market, the …
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The Central Bank of Nigeria (CBN) has declared its readiness to defend the value of the naira, warning that speculators in forex would have their fingers burnt. THISDAY had reported yesterday that the Niger Delta crisis – which has dealt a heavy …
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For quite some time, the parallel market has been very stable, a situation which analysts attribute to the liberalisation of the foreign exchange (forex) market by Sanusi Lamido Sanusi, governor of the Central Bank of Nigeria (CBN). This, in …
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TOKYO, Aug 5 (Reuters) - The dollar was steady near 2009 lows against the euro and sterling on Wednesday, after a surprisingly strong U.S. housing report the previous day boosted hopes that the worst of the recession was over. The dollar has slid …
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Overall , the currency market has been characterized by range bound trading on Tuesday. With the exception of the yen, which surprisingly saw relatively strong momentum, the whole market moved side-ways throughout the day. The cad also proved to be …
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NEW YORK ( TheStreet ) — A sideways crawl has been witnessed in the global market, ahead of a packed economic calendar that includes Australian Trade Balance at 21:30 EDT on Wednesday, and then the run into Bank of England and ECB rate decisions …
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NEW YORK ( TheStreet ) — The currency market has been characterized by range bound trading on Tuesday. With the exception of the yen, which surprisingly saw relatively strong momentum, the whole market moved side-ways throughout the day. The …
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FXstreet.com (Córdoba) – Cable is holding above 1.6910 against the Dollar. GBP/USD moved sideways most of the day and continued with that trend during the American session. The pair is moving in a small range between 1.6955 and 1.6910. Pound was …
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NEW YORK, Aug 4 (Reuters) - The U.S. dollar gained modestly on Tuesday, but traded near its 2009 low against the euro as a surprisingly strong U.S. housing report boosted hopes that the worst of the recession was over. Upbeat U.S. and China …
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