Thursday, 20 June 2013

Currencies

 
 
 
 
Recent News
  • Niger's worst power cuts in years threaten economy

    05:01 | 20/6/13
    Reuters Africa
    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. more»
  • Breaking the boundaries

    04:59 | 20/6/13
    The Stage
    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. more»
  • 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. more»
  • EMERGING MARKETS-Latam currencies nudge up before Fed statement

    04:21 | 20/6/13
    Reuters
    ... 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. more»
  • UPDATE 1-Kenyan shares snap eight-session slide, shilling firms

    03:38 | 20/6/13
    Reuters Africa
    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 ... more»
  • Germany agrees financing of 8 billion euro flood aid fund

    03:19 | 20/6/13
    Yahoo! News
    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. more»
  • 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 ... more»
  • Indian rupee gains first time in 3 days against US dollar ahead of Fed meet

    02:51 | 20/6/13
    Financial Express
    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. more»
  • Euro zone doomed to slow growth without painful reforms

    02:39 | 20/6/13
    Economic Times
    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. more»
  • Pakistani stocks rise on IMF visit optimism

    02:38 | 20/6/13
    DAWN.com
    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 ... more»
  • Weak rand shrinks SA trade deficit

    02:36 | 20/6/13
    Independent Online
    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 ... more»
  • Swedish Krona Rises to Two-Month High Versus Dollar on Rate Bets

    02:34 | 20/6/13
    Bloomberg
    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 ... more»