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FOMC comments spur a dollar rally, U.S. non-farm productivity numbers on the rise. Home sales are down…. Why is this good news?
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HARARE, May 7 (Reuters) - Zimbabwe’s Dynamos could pull out of their African Champions League tie against holders Etoile Sahel in Tunisia on Saturday because changes to currency-buying regulations mean they cannot afford to travel, the state-run Herald newspaper said.
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PFSoft completes full STP integration of ProTrader trading platform with three major Forex electronic networks: Integral, Hotspot FX and Currenex.
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(RTTNews) - Tuesday, India is capable of raising the gross domestic product growth by 2% by investing the country’s huge forex reserves in more profitable assets than investing in low yielding US Treasuries, reported an independent organization.
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The RBI has decided to hold independent meetings with individual banks having high forex derivative exposures to understand the exact impact of their transactions and the extent of losses they have had to incur.
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For today, in contracts.
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NEW YORK, May 7 - The dollar rose on Wednesday as a surprise advance in U.S. productivity added to gains booked after a Federal Reserve official said the central bank must stand ready to raise interest rates to combat inflation.
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Mark-to-market (MTM) losses of 46 companies on account of foreign exchange contracts, fluctuation in exchange rate and commodity hedging aggregated to Rs 1,365 crore so far, as per their results for the March 2008 quarter.
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BOGOTA (Dow Jones)–Colombia’s peso weakened 1.8% on Wednesday after the government announced on Tuesday plans to hedge all its dollar-denominated debt through the use of currency swaps to take advantage of the strong peso.
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