Further, the RBI, which is presently providing forex liquidity to Indian public and private sector banks having foreign branches or subsidiaries, through forex swaps of tenors up to three months, has decided that this facility, which is available on request, will be made available up to June 30, 2009.
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US Dollar Bound to See Weak ISM, NFP Results - What Impact Will They Have? Euro Balancing The Influence Of Bailouts And An Expected ECB Rate Cut Japanese Yen May Fall As Seasonal Forces Grip the Forex Market British Pound Forecast Bearish Ahead of Bank of England Cuts Canadian Dollar May Fall As Labor Market Weakens
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Forex traders may see the Japanese Yen lose ground as seasonal forces take hold of the financial markets on approach to the end of the calendar year.
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