Wednesday, 04 May 2016

Currencies News

  • Rupee falls by 21 paise against US dollar

    15:33 | 4/5/16
    On Tuesday, the Indian currency ended at 66.42/$, marginally higher by 2 paise from its previous close of 66.44/$ on Monday. more»
  • South Korea: Won drops, stocks edge down on China data, holiday

    15:00 | 4/5/16
    [SEOUL] South Korean's won fell sharply on Wednesday morning to a near three-week low as shares slipped on weak data from China on Tuesday and a decline in global equities overnight, sapping investor appetite for risk. more»
  • Bangladesh approves China-financed rail project

    14:55 | 4/5/16
    Times of India
    The "Padma Bridge rail link" project with a cost of 349.88 billion taka ($4.47 billion) was approved at a meeting of the Executive Committee of the National Economic Council chaired by Prime Minister Sheikh Hasina on Tuesday, Xinhua reported. more»
  • Days are numbered for 500-euro banknote

    13:52 | 4/5/16
    New Vision
    The violet-coloured bill, the largest denomination banknote in the single currency area and physically also the bigger than the five other euro bills, is on the agenda of a meeting of the ECB's governing council, a bank spokesman told AFP ... more»
  • Australian dollar falls amid rate cut

    12:56 | 4/5/16
    Shanghai Daily (subscription)
    SYDNEY, May 4 (Xinhua) -- The Australian dollar has fallen following a move by the Reserve Bank of Australia (RBA) to cut interest rates. more»
  • Is it time for ECB to turn off the stimulus taps? The data say 'yes'

    12:33 | 4/5/16
    The latest data on euro area's economic growth, employment creation, price stability and credit aggregates suggest that the European Central Bank's (ECB) extraordinary monetary expansion has been effective, and that a revision of its current policy ... more»
  • The Euro Tries To Find Steam On New Brexit Data

    10:30 | 4/5/16
    aomarkets (registration) (blog)
    There's a big debate going on right now, and it could lead to a Britain exit from the euro. If this were to happen, it would cause quite a bit of economic strain on the euro zone. As such, many are fearful that this may actually happen. However, the ... more»
  • The Australian dollar just took its biggest hit in nearly 5 years

    10:20 | 4/5/16
    Business Insider Australia
    Undermined by the RBA decision to cut rates on Tuesday to a fresh record low, a rebound in the US dollar and significant falls in global commodity prices such as crude oil and iron ore, the Australian dollar tumbled in overnight trade, finishing the ... more»
  • EMERGING MARKETS-Mexico peso, Latam markets plunge on oil slump, Fed comments

    10:07 | 4/5/16
    (Recasts with Fed comments, oil price fall; updates prices) BRASILIA, May 3 Comments from U.S. Federal Reserve officials that raised the chances of higher interest rates this year weakened Latin American currencies on Tuesday, with the Mexican peso ... more»
  • Dollar sinks on oil price drop, rate cut

    09:11 | 4/5/16
    She said that coming soon after the Reserve Bank cut its cash rate to a fresh record low of 1.75 per cent on Tuesday, it was no surprise the Aussie had been the worst-performing currency over the last 24 hours. more»
  • $5m upgrade

    08:37 | 4/5/16
    Fiji Times
    A MULTI-MILLION dollar wellness spa will soon be built as part of Tropica Island Resort's new development in the coming months. more»
  • TSX closes 157 points lower; Canadian dollar plunges

    08:15 | 4/5/16
    Times Colonist
    The S&P/TSX composite index in Toronto retreated 157.95 points at 13,707.68 as concerns over global growth dragged down the commodity-sensitive Canadian dollar. After some fairly strong recent gains that saw the loonie briefly touch 80 cents US late ... more»
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