Wednesday, 22 May 2013

Currencies

  • NZ dollar slips as investors await Bernanke's take on QE

    17:24 | 22/5/13
    Yahoo! New Zealand News
    May 22 (BusinessDesk) - The New Zealand dollar edged lower in the local session as investors hold off from making any decisions ahead of Federal Reserve chairman Ben Bernanke's Congressional testimony, where he's expected to give his view on ... more»
  • New Zealand Dollar Rangebound, Eyes On Bernanke

    17:19 | 22/5/13
    Wall Street Journal
    WELLINGTON--The New Zealand dollar was sticking to a tight range late Wednesday, ahead of Federal Reserve Chairman Ben Bernanke's testimony to the Joint Economic Committee of the U.S. more»
  • Trade deficit drops to $4.9bn

    16:15 | 22/5/13
    DhakaTribune
    The lower import growth has also caused an adverse effect in the money market as the US dollar continued to depreciate against the local currency taka. Imports registered a negative growth of 0.88% to $24.22bn during the period from $24.43bn in the ... more»
 
 
 
 
Recent News
  • Indian rupee at near 6-month low on continued dollar buying

    16:07 | 22/5/13
    Livemint
    Mumbai: The Indian rupee hit a fresh near six-month low in opening trades. The domestic currency fell to 55.48 per dollar after opening at 55.335, currently at 55.43/44 versus Tuesday's close of 55.41/42. more»
  • China-India relations: Why Rupee-RMB-dollar trade won't work

    15:42 | 22/5/13
    Firstpost
    It takes more than common sense, and good intentions, for even the noblest of ideas to gain traction and succeed. As a side story to Chinese Premier Li Keqiang's visit to India, the call has been renewed at the Indo-China CEOs Forum for an expansion of ... more»
  • Indonesia - Market factors to watch on May 22

    14:01 | 22/5/13
    Reuters
    (Investor Daily, Bisnis Indonesia) - State electricity company PT Perusahaan Listrik Negara (PLN) plans to issue bonds worth 12 trillion Indonesian rupiah in the second half of this year to finance investment, said Wahyu Hidayat, deputy state-owned ... more»
  • Venezuela parliament resumes 3 weeks after brawl

    13:46 | 22/5/13
    U-T San Diego
    Venezuela's President Nicolas Maduro speaks during the departure of Simon Bolivar's school sailing ship at the naval dock in La Guaira Venezuela, Monday, May 20, 2013. The ship with 175 people on board starts his twenty-fifth cruise abroad instruction. more»
  • China's May lending seen to reach 900 bln yuan-paper

    13:06 | 22/5/13
    Reuters
    SHANGHAI May 22 (Reuters) - China's four major banks issued new loans of 233 billion yuan ($37.98 billion) by May 21st, 21st Century Business Herald reported on Wednesday, citing industry sources, adding that total loans for the month could reach 900 ... more»
  • Japan Exports Miss Estimates After Yen Slides to 4-Year Low

    12:32 | 22/5/13
    Bloomberg
    While the yen's slide to the lowest in four years last week will aid Japanese companies by making their products more competitive in overseas markets, today's data showed that limited demand in the European Union is constraining exports. more»
  • Qatar should consider more flexible forex rate: banker

    11:27 | 22/5/13
    Gulf Times
    Out of six Gulf oil producers only Kuwait does not peg its currency to the dollar. The Kuwaiti dinar trades against a basket of undisclosed key trading partners' currencies after Kuwait dropped its dollar peg when inflation shot up in 2007. more»
  • Hawaii popular for Tauranga holidaymakers (+poll)

    11:21 | 22/5/13
    The Bay of Plenty Times
    She said prices to Hawaii were great value with increased competition between airlines and a strong Kiwi dollar. Also popular was the Gold Coast, the ... A lot of people like Fiji, that's always popular, as are Rarotonga and Samoa. Hawaii is also ... more»
  • Economic Outlook: Latin America

    11:02 | 22/5/13
    KHL Group
    Panama will experience the most rapid growth, with the Panama Canal expansion and the subsequent development of the Colón free-trade zone. more»
  • Turkish State Allocates 1 Million Lira for St. Gabriel Assyrian Monastery

    10:20 | 22/5/13
    AINA
    Midyat Governor's Office has allocated a budget of 1 million Turkish Liras for the restoration of the road leading to the Syriacs' Mor Gabriel Monastery, a move viewed by the Syriac [Assyrian] community as contradictory as the monastery was previously ... more»
  • German Anti-Euro Party Sees Answer to Europe's Woes in Mass Exit

    10:18 | 22/5/13
    Bloomberg
    The euro lies at the root of Europe's record unemployment rate and countries such as Spain and Greece should quit the common currency to return to economic health, said the head of Germany's fledgling anti-euro party. Southern European countries can't ... more»
  • Lazard likes local currency debt in Latin America

    10:16 | 22/5/13
    Reuters
    Strong demand for local debt from Mexico, Uruguay and blue-chip companies such as Mexico's Televisa and America Movil reflect a shift towards selecting securities based on individual merit rather than a broad play on emerging markets, she said. more»