Friday, 01 August 2014

Currencies News

  • Pound Sterling Exchange Rate News: GBP/EUR, GBP/USD Falls after PMI ...

    22:18 | 1/8/14
    Future Currency Forecast
    British Pounds This morning the Pound Sterling (GBP) exchange rate news focuses on the British currency posting widespread declines. more»
  • The main lesson of Argentina's debt nightmare

    22:07 | 1/8/14
    The Week Magazine
    Following a hyperinflationary bust and riots in 1989, Argentina adopted a currency regime in which the peso was fixed at a 1:1 convertibility ratio with the U.S. more»
  • Transmission Line Built With Br273 Million Complete

    21:33 | 1/8/14
    The Alamatta-Mehoni-Mekelle transmission line built with an outlay of over 273 million Birr is completed, said the Ethiopian Electric Power (EEP). EEP External Relations Head, Misikir Negash said 141km long transmission line carries 230 kilovolt. The ... more»
  • Hong Kong Ramps Up Intervention to Curb Local Currency

    20:48 | 1/8/14
    Wall Street Journal
    Hong Kong's de facto central bank injected $65.1 billion Hong Kong dollars (US$8.4 billion) into the foreign-exchange market in July to defend the local currency peg to the U.S. more»
  • Euro-Zone Manufacturers Cut Jobs in July

    19:44 | 1/8/14
    Wall Street Journal
    Outside the euro zone, the performance of the manufacturing sector was mixed. The increase in activity picked up in Hungary and the Czech Republic, but activity declined in Poland for the first time in 13 months. more»
  • Indian Rupee Drops to Three-Month Low on Rising Political and Economic ...

    19:41 | 1/8/14
    International Business Times UK
    The Indian rupee has weakened to a three-month low amid usual month-end dollar bids by importers which were underpinned by signals from the US that the greenback supply will be tighter going forward. more»
  • Australian dollar drops below US93c

    19:24 | 1/8/14
    Sydney Morning Herald
    The Australian dollar shrugged off good news from a key Chinese manufacturing indicator and retreated below US93¢ on Friday, to fetch US92.94¢ in late trade, down more than US1¢ for the week. more»
  • Coca-Cola partners with the Fiji International

    19:18 | 1/8/14
    The Jet Newspaper
    Proudly supported by the Fijian Government, the Fiji International is expected to produce a multi-million dollar boost for the local economy, in addition to flow on benefits including the growth of the game in the region. Designed by Singh, the ... more»
  • KazAgro grants $550-mln loan to agricultural companies

    19:11 | 1/8/14
    "Over the years the holding has provided financial support to the amount of 200 billion tenge to 326 projects in Kazakhstan." In his words, this year KazAgro Holding also provided a KZT 102-billion loan (or $550 million) to agricultural companies in ... more»
  • We'll tackle challenges with bold decisions – Mahama

    19:07 | 1/8/14
    President John Dramani Mahama says government will soon take what he calls “bold decisions” to urgently resolve the challenges facing the Ghanaian economy. Government has come under criticism for the rising budget deficit, high inflation rate, cedi ... more»
  • In euro policy, it really is 'Germany above all'

    18:56 | 1/8/14
    Written in the 19th century to promote creation of a united Germany from numerous sovereign statelets, “Germany above all” is out of step with the 21st-century country that is the anchor of a much larger unified economic zone with a joint currency ... more»
  • Swiss Franc Converging With Its MA's

    18:56 | 1/8/14
    For the 24 hours to 23:00 GMT, the USD marginally declined against the CHF and closed at 0.9088. The Swiss Franc gained ground despite Moody's slashing its outlook for Swiss banking system to 'Negative' from 'Stable'. more»
Global Indices