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Thursday, 20 June 2013
Asia Pacific rates
Canadian Dollar Retreats as Fed Statement Bolsters US Dollar
08:48 | 20/6/13
Wall Street Journal
TORONTO—The Canadian dollar retreated against the greenback Wednesday after the U.S. Federal Reserve was seen as ratifying expectations it could begin reducing its asset-purchase programs this year.
'Pakistan would have to pay billions of rupees to Iran if scraps IP gas ...
06:04 | 20/6/13
c_330_235_16777215_0___images_stories_edim_04_mg2(29).jpg TEHRAN - Pakistan would have to pay billions of rupees to Iran if it did not fulfill its obligations regarding the Iran-Pakistan gas pipeline project, Former Pakistani federal minister Syed ...
Euro zone wrangling may cost Greece 2 bln euros in 2013: sources
05:02 | 20/6/13
BRUSSELS/ATHENS (Reuters) - European foot-dragging could leave Greece short of 2.0 billion euros ($2.7 billion) this year as some euro zone creditors are reluctant to roll over their Greek debt holdings, Greek and euro zone sources involved in the ...
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Niger's worst power cuts in years threaten economy
05:01 | 20/6/13
Niger's state fuel company Sonidep agreed to supply Nigelec with 400 million CFA francs ($817,400) of diesel a day to keep its handful of diesel generators running.
Breaking the boundaries
04:59 | 20/6/13
Financing the festival, which costs around £5.5 million (50 million Norwegian krone), is only made possible through local and national public funding, which accounts for 50% of its finances, says Beyer.
South African Rand, Mexican Peso Gain Modestly Ahead of FOMC
04:52 | 20/6/13
Wall Street Journal
The South African rand and Mexican peso made modest gains Wednesday ahead of a critical Federal Reserve monetary policy decision.
EMERGING MARKETS-Latam currencies nudge up before Fed statement
04:21 | 20/6/13
... change change Latest Brazil real 2.1731 0.20 -6.12 Mexico peso 12.8719 0.30 -0.06 Chile peso 499.8000 -0.02 -4.22 Colombia peso 1899.0000 0.28 -7.00 Peru sol 2.7340 0.40 -6.69 Argentina peso 5.3450 -0.05 -8.09 Argentina peso 8.5200 0.35 -20.42.
UPDATE 1-Kenyan shares snap eight-session slide, shilling firms
03:38 | 20/6/13
Treasury assures investors on plans to tax capital gains * Shilling seen weakening on importers' dollar orders (Adds markets close, stocks) By Kevin Mwanza NAIROBI, June 19 (Reuters) - Kenyan shares halted an eight-session slide and the shilling rose ...
Germany agrees financing of 8 billion euro flood aid fund
03:19 | 20/6/13
BERLIN (Reuters) - Germany has agreed the financing of an 8-billion euro fund to help repair damage caused by the worst flooding in a decade, with both the federal government and states footing the bill, the finance ministry said on Wednesday.
IMF's Insistence On Subsidy Removal And Naira Devaluation
03:01 | 20/6/13
P.M. News (blog)
The mentality of the IMF experts on Nigerian economy is always to deflate the already devaluated Nigerian currency and to increase the already hyper-inflationary pressure on capital goods, due to their insistent deficient, and foolish propositions, on ...
Indian rupee gains first time in 3 days against US dollar ahead of Fed meet
02:51 | 20/6/13
Erasing early losses, rupee today ended 7 paise higher at 58.70, its first gain in three days, on recovery in BSE Sensex and fresh US dollar selling by exporters ahead of the outcome of Fed policy meet.
Euro zone doomed to slow growth without painful reforms
02:39 | 20/6/13
And in its Spring 2013 forecast for the euro zone, the European Commission concluded that the crisis would have no impact on longer-term growth dynamics even though it had resulted in a permanent loss of output of about 5 percent.
Pakistani stocks rise on IMF visit optimism
02:38 | 20/6/13
Pakistan State Oil Co Ltd and Engro Foods Ltd closed at their upper limit. Engro Foods Ltd rose 5 per cent at 150.47 rupees, while Bank of Punjab was up 3.97 per cent at 14.68 rupees. The rupee ended weaker at 98.65/98.70 against the dollar, compared ...
Weak rand shrinks SA trade deficit
02:36 | 20/6/13
Pretoria - Higher global demand for its exports unexpectedly shrank South Africa's current account deficit in the first quarter of the year, a trend that could continue if the sharply depreciated rand remains weak. Consumer inflation for May also ...
Swedish Krona Rises to Two-Month High Versus Dollar on Rate Bets
02:34 | 20/6/13
Sweden's currency appreciated 0.5 percent to 1.1174 per Norwegian krone after advancing to 1.1156, the strongest level since May 8. The krona has gained 9.1 percent in the past 12 months, the best performer among 10 developed-nation currencies tracked ...
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