Archive for  February 2005
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The yuan ended flat at 8.2765 per US dollar on Thursday, near the stronger end of its managed trading range. The one-year non-deliverable dollar forward discount versus the yuan was at 2,920 points, implying a
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The Swiss franc strengthened in early European trade on Thursday after markets digested comments from US Federal Reserve Chairman Alan Greenspan. The dollar had gained across the board on Wednesday after Greenspan signalled further increases
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The dollar faltered on Thursday, failing to capitalise on Federal Reserve Chairman Alan Greenspan's indication the previous day that US interest rates would continue to rise. Much of what Greenspan said in his closely watched
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The dollar pared gains and was little changed against the euro on Wednesday as Federal Reserve Chairman Alan Greenspan signalled further increases in US interest rates but offered no clues on their pace or timing.
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The Bangladeshi taka eased a little on Thursday after dealers sought US dollars for payment of import bills ahead of the weekend, dealers said. The taka was quoted at 63.15/63.70 per dollar from 63.15/63.50 on
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The Philippine peso gained half a percent on Thursday, recovering from a drop sparked by a Moody's downgrade on Wednesday as analysts said the country's economic outlook was healthier than the agency had suggested. The
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Kuwait-based Public Warehousing Co won a US Defence Logistics Agency contract worth up to $3.27 billion for "subsistence items" for US armed forces, the US Defence Department announced Wednesday. Work also will be performed in
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The Indian Ocean tsunami has caused the annual death toll from natural disasters to soar to 320,000 world-wide, more than four times the toll from the previous year, a research institute said on Thursday. Natural
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Military-ruled Myanmar's constitution-drafting National Convention restarted on Thursday after a seven-month monsoon break in which critics say its shaky democratic credibility has been eroded further. With opposition icon Aung San Suu Kyi under house arrest
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Croatia will whatever it can to co-operate with the UN war crimes court over the case of fugitive general Ante Gotovina, the Croatian foreign ministry said in a letter to the EU presidency. "The government
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