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In addition, the US dollar has strengthened against most international currencies in recent months. On November 14, the rupee had closed at 49.01 against the US dollar, 2.83 per cent lower than the closing level of 47.66 on November 7. During the ...
Read moreMILAN, Nov 21 (Reuters) - Saudi Arabian oil company Aramco is reviewing its $9 billion Manifa oil field project and Saipem SpA, a major contractor, has been told not to take on any more commitments for it, the Italian company said on Friday. The ...
Read moreSINGAPORE, Nov 18 (Reuters) - Coalminer Straits Asia Resources said on Tuesday it had secured a $300 million revolving loan facility with Standard Chartered, as a tight credit market leaves firms struggling to raise funds. This includes an 18-month ...
Read moreMr Zardari was thrust into the centre stage of current political developments when his wife, the charismatic former Prime Minister Benazir Bhutto was assassinated in December. Since then he has led her Pakistan People`s Party (PPP) through successful ...
Read moreTry Currency Trading Learn to Trade FX with a Free Demo. Free Commentaries and Market news. Forex trading for Dummies Learn Currency trading at Forex.com® Free eBook with Practice account signup. Morningstar Financial Research Free Access to ...
Read moreMUMBAI: The Reserve Bank of India’s sudden move to allow companies to buy back foreign currency convertible bonds (FCCBs) on Saturday may not find many takers, as the tight liquidity scenario will make it difficult for firms to raise money for the ...
Read moreHONG KONG, Nov 20 (Reuters) - At 0700 GMT, the benchmark Hang Seng Index was 5.7 percent lower at 12,090.31, with stocks across the board notching up hefty losses. The China Enterprises Index of top locally listed mainland Chinese firms had fallen 6 ...
Read moreNov 18 - US Dollar to Sell Off Before Trend Resumes, Yen an Exception (Candlestick Weekly) Nov 18 - British Pound in Play with Inflation to Reverse From Record High (Euro Open) Nov 18 - Identifying Trades with DailyFX 11.18.08 Nov 17 - Forex Emerging ...
Read moreFor weeks we’ve been discussing how risk appetite, or the lack of it, has been driving price action throughout the forex markets to the benefit of the lowest yielding major currencies: the US dollar and Japanese yen. The strength of the greenback ...
Read moreMumbai, Nov 17 Banks and housing finance companies have started acting on the series of measures announced by the Reserve Bank on Saturday. While major banks have hiked their forex deposit rates, housing finance companies (HFCs) are readying plans to ...
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