in the previous week, registering a fall in its foreign reserves for the fourth consecutive week. During the week, foreign currency assets fell $5.45 billion to $289.76 billion, the Reserve Bank of India said in its weekly report.
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AS ENERGY crisis and political uncertainty persist, depleting forex reserves and deteriorating external balances are taking their toll on rupee’s value and the economy.
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The Sri Lanka Central Bank’s forex department has sent a charge sheet to MP Ravi Karunanayake regarding an alleged Rs. 300 million forex deal, our sister papers reported on Thursday.
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ACCOUNTING STANDARDS: Forex accounting by blue chip cos under lens For reporting substantially higher net profit.
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Through partnership with foreign exchange brokers, ForexRebater.com offers Forex traders a cash refund on every trade made with any participating Forex broker whether it’s a win, lose, or draw.
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FX Capital Management Limited LLC, a Private Trading Group and Introducing broker (IB), today announces its IB partnership with Boston Trading and Research LLC (BTR), a managed forex account provider in the spot foreign currency trading market (Forex or FX).
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FX Capital Management Limited LLC, a Private Trading Group and Introducing broker (IB), today announces its IB partnership with Boston Trading and Research LLC (BTR), a managed forex account provider in the spot foreign currency trading market (Forex or FX). (PRWeb Aug 16, 2008) Read the full story at http://www.prweb.com/releases/2008/08/prweb1215314.htm
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The US dollar rally triggered over a week ago by ECB President Trichet has been relentless, and as of Friday’s NY close, the dollar index had appreciated to seven-month highs.
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The US dollar rally triggered over a week ago by ECB President Trichet has been relentless, and as of Friday?s NY close, the dollar index had appreciated to seven-month highs. However, given the extent of the move, forex positioning as measured by FXCM SSI shows that traders are growing less bearish on the currency.
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The British Pound saw its worst single-week decline in at least 10 years, as a clear deterioration in Bank of England interest rate forecasts doomed the Sterling to tumbles against major forex counterparts.
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