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PETALING JAYA: Retail investors are now increasingly investing in foreign exchange (forex) following the continued liberalisation of the local financial services market and greater investor sophistication.

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Three armed men barged into the office of a foreign exchange firm at Andheri (E) and decamped with Rs 2.09 lakh in Indian and foreign currencies, after locking up the cashier in the bathroom.

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* Dollar falls as credit worries persist

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LONDON (Thomson Financial) - The dollar fell back against the euro and yen, despite firmer-than expected U.S. data, after Treasury Secretary Henry Paulson said financial firms must be allowed to fail, weighing on share prices.

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A FAILURE to declare foreign currency in their possession at Hosea Kutako International Airport a month ago turned into a hugely expensive mistake for four Angolan nationals yesterday.

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This heavily publicized survey attempts to represent American trends and outlook as a whole, but it may not be the most accurate indicator. Find out why that is and how Forex traders can utilize this information.

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KUALA LUMPUR, July 10 (Bernama) — The ringgit closed lower against the US dollar Thursday on lack of demand while following the downtrend on the local stock market, dealers said.

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JERUSALEM, July 10 (Reuters) - The shekel sank against the dollar on Thursday after the Bank of Israel said it was raising its daily foreign exchange purchases to $100 million from $25 million.

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* Dollar index up 0.25 pct at 72.758 * Euro dented after French industrial output falls sharply * Investors still wary as credit market concern resurfaces * BoE in focus, expected to leave interest rates at 5 pct By Simon Falush LONDON, July 10 - The dollar firmed against a basket of major currencies on Thursday, supported by lower …

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LONDON (Thomson Financial) - The pound dropped after further evidence was released of falling UK house prices and as market players looked ahead to Thursday’s interest rate decision by the Bank of England.

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