India`s forex reserves decreased further by USD 1,983 million to stand at USD 280,955 million as on Jan. 29, 2009, mainly on account of heavy fall foreign currency assets. As per the weekly statistical supplement of the Reserve Bank of India (RBI …
Original Post By Google News Click Here For The Entire Article
The trading week ended with traders still fearing a widening and deepening debt situation in the Euro Region. Optimistic traders are looking for some solution to be reached by either a “pseudo-bailout” by the European Central Bank or European …
Original Post By Google News Click Here For The Entire Article
MUMBAI: Foreign exchange reserves dipped $1.9 billion to $280.9 billion during the week ended January 29, largely on account of revaluation of non-dollar assets in the reserves basket. Of the total reserves, all components — foreign currency assets …
Original Post By Google News Click Here For The Entire Article
Currency bid prices at 1613 EST (2113 GMT). All data taken from Reuters calculated from the levels at 1630 EST in the previous New York session. Last US Close Pct YTD Pct 2009 Feb. 4 Change Change Close …
Original Post By Google News Click Here For The Entire Article
Winnipeg, MB, Feb 05, 2010 (Resource News International via COMTEX) — The Canadian dollar closed stronger on Friday, outpacing most major currencies despite losses in the equity and commodity markets. The Canadian currency late in the afternoon was …
Original Post By Google News Click Here For The Entire Article
NEW YORK, Feb 5 (Reuters) - The U.S. dollar and yen gained on Friday as persistent worries about the euro zone’s fiscal stability pushed investors further away from risky assets and sent the euro to an 8-1/2 month low against the greenback. The cost …
Original Post By Google News Click Here For The Entire Article
FXstreet.com (Córdoba) – The Pound finished the week with a big decline against the Dollar and the Yen. GBP/USD fell on Friday to 1.5555, the lowest price May 21. On a weekly basis the pair suffered the biggest decline since September, fell more …
Original Post By Google News Click Here For The Entire Article
NEW YORK (Dow Jones)–The euro sank Friday as sovereign debt weighed heavily on markets, with investors focused on fiscal issues in deficit-laden Greece spreading to Portugal and other euro-zone economies. After fleeing from riskier assets for most …
Original Post By Google News Click Here For The Entire Article
FXstreet.com (Córdoba) – The Japanese currency was the best performer among majors in the week. Risk aversion favored the demand for the Yen that rose sharply ending the weak on a strong note. USD/JPY closed a week below 90.00 for the first time …
Original Post By Google News Click Here For The Entire Article
(RTTNews) - The dollar ended a stellar week in style on Friday, extending its best levels since last spring as the debt threat from the euro area continued to fuel risk aversion. Concerns about sovereign debt in the euro area, particularly in Greece …
Original Post By Google News Click Here For The Entire Article