floating exchange rate news
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Asian economists see PHL peso more stable than peer currencies
Manila :: Philippines | 12 days ago
Credibility
The Philippine unit is currently trading at the high 40 and low 41 per dollar, stronger than the 42 level it hovered at in the same period last year...DBS Bank Ltd. forecasts the peso gradually strengthening to 39.3:$1 by year-end, unchanged from its
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MPs will support agreement, speaker says
Belgrade :: MT :: USA | 29 days ago
Credibility
Serbian parliament Speaker Neboja Stefanovi expects that a majority of MPs will support the governments report on a dialogue with Pritina. Neboja Stefanovi (Beta, file) I do not know how many will vote, but I expect a convincing majority. This is
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Dollar a threat - exporters
Tōkyō :: Japan | 1 month ago
Credibility
Any Reserve Bank attempt to halt rise of currency unlikely to work, say analysts. Strong overseas demand for the New Zealand dollar is likely to form a major barrier to attempts by the Reserve Bank to bring it down, say analysts...Analysts said that
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David Chaplin: Are other banks keeping the Kiwi high?
London :: United Kingdom | 1 month ago
Credibility
What does it think it's doing up there, in the currency stratosphere? Come back to Earth this instant or someone's going to get hurt. Earlier this year Graeme Wheeler tried to talk the dollar down , warning in a speech that the currency was on an
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India relaxes collateral...
Mumbai :: India | 2 months ago
Credibility
India's central bank opened the door yesterday to foreign institutional investors (FIIs) using investments in corporate and government bonds as collateral in the futures and options segment of stock exchanges. The move announced by the bank is
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Kenya: CBK Defends Its Role in Stabilising Shilling
Central :: SC :: USA | 3 months ago
Credibility
Bank of Kenya has said its recent increased interest in the money market is to ensure prices in the country are stable by forestalling excessive volatility in the exchange rate of the local currency. Governor Njuguna Ndung'u said it was important
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Forex reserves fall to $290.57 bn on March 1
Mumbai :: India | 3 months ago
Credibility
India's foreign exchange reserves fell to $290.57 billion as of March 1, from $291.92 billion in the previous week, the central bank said on Friday. Changes in foreign currency assets, expressed in dollar terms, include the effect of appreciation or
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Jamaica is NOT in a currency crisis ... but could it be by the end of 2013?
Kingston :: Jamaica | 3 months ago
Credibility
Wednesday March 6, 2013 With more than nine months remaining, will the currency depreciate further? Will the exchange rate reach $100 to US$1, or can the Jamaican dollar regain stability gradually?...Basically, it arises from a series of events that
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Commodity prices up for 4th month: RBA
Shanghai :: China | 3 months ago
Credibility
S export commodity prices rose for the fourth consecutive month in February, Reserve Bank of Australia (RBA) figures show. The RBA's index of commodity prices rose 2.3 per cent in the month in foreign currency terms. The rise built on increases in
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GOLDMAN'S JIM O'NEILL: Facebook Is To Blame For The Outbreak Of Global 'Currency Wars'
Tōkyō :: Japan | 4 months ago
Credibility
Every once in a while, since the economic crisis started, the phrase "currency wars" pops up. It just means central banks trying to weaken their currencies (to make their countries more competitive) and other countries complaining about said
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