7772 Stories, most recent news story added Thu Dec 10, 9:48 am ET
The dollar slipped against the yen and the euro in Asian trading Wednesday, as investors took profits after the greenback rose to a five-week high against the European unit in the previous session.
Dec. 10 (Bloomberg) -- Mauritius’ central bank left its benchmark interest rate unchanged for a third consecutive meeting as the economy recovers and rising oil prices threaten to boost inflation.
NEW YORK (AP) -- Key currency exchange rates Friday, compared with late Thursday in New York: Dollar vs: Exchange Rate Pvs Day Yen 90.70 88.21 Euro $1.4827 $1.5092 Pound $1.6429 $1.6566 Swiss franc 1.0188 0.9989 Canadian dollar 1.0589 1.0536 Mexican peso 12.6600 12.6410 Metal Price (troy oz.) Pvs Day NY Merc Gold $1168.80 $1217.40 NY HSBC Bank US $1151.00 $1218.00 NY Merc Silver $18.496 $19.102
Tata Consultancy Services , the leading IT services, business solutions and outsourcing firm, today announced that the Renminbi currency trading platform for the Chinese inter-bank market, an initiative of China Foreign Exchange Trade System , a subsidiary of People's Bank of China , has successfully gone live nationwide.
European Central Bank President Jean-Claude Trichet called again Monday for a strong dollar and a higher value for Asian currencies, days after the euro hit a year-high against the dollar.
Dec. 7 (Bloomberg) -- U.S. stocks advanced and the dollar erased its gain against the euro after Federal Reserve Chairman Ben S. Bernanke said inflation may slow, prompting speculation the central bank won’t raise rates anytime soon. Gold headed for the steepest two-day retreat since March.
Dec. 10 (Bloomberg) -- The following events and economy reports may influence trading in sub-Saharan African bonds and currencies today. Bond yields and exchange rates are from the previous session.
(RTTNews) - The British pound fell sharply against other major currencies by about 12:55 am ET Tuesday. Currently the pound is trading at 0.9038 against the euro, 146.22 against the yen, 1.6429 against the US dollar and 1.6725 against the Swiss franc.
Dec. 3 (Bloomberg) -- Chile’s peso fell to the lowest in almost two weeks after a central bank board member reiterated the bank doesn’t rule out intervening in the foreign-exchange market to rein in the currency’s 27 percent advance this year.
The dollar index strengthened throughout the late Asian trading hours, but the European open has helped the major pairs return to Thursday's opening prices.
The U.S. dollar rose on Tuesday to the highest level versus the euro in five weeks and gained against other major currencies, as worries about high levels of debt in Greece and Dubai led investors to buy assets that would offer protection in a crisis.
Dec. 10 (Bloomberg) -- Iceland’s central bank cut its main interest rates to support the economy as households and businesses struggle to reduce debt burdens bloated by the island’s banking collapse.
Dec. 9 (Bloomberg) -- Namibia’s central bank left its benchmark interest rate unchanged for a third consecutive meeting as inflation eased and the economy recovered.
Dec. 7 (Bloomberg) -- European Central Bank President Jean- Claude Trichet said a strong dollar and a “gradual” appreciation of Asian currencies are important for the global economy.
(RTTNews) - The Japanese currency ticked up further against major currencies during New York mid-day trading on Monday. The yen advanced to fresh multi-day highs of 87.70 against the Swiss franc and 132.55 versus the euro in the same period.
Dec. 9 (Bloomberg) -- Mauritius’ central bank will probably keep its benchmark interest rate unchanged for a third consecutive meeting tomorrow as the economy recovers and rising oil prices threaten to boost inflation, said Standard Bank Group Ltd., Africa’s biggest lender.
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