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Archive for  December 2012

    • News Desk
    • Dec 12th, 2012
    • Comments Off on Southeast Asian markets: Philippine index at all-time high

    The Philippine main index hit an all-time closing high on Tuesday led by market bluechips such as Ayala Land while Indonesia rose to a near two-week high as the central bank's upbeat economic view helped

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  • South Korean shares rose modestly on Tuesday to a two-month high as hopes for an economic recovery in China, the country's top export market, buoyed cyclicals such as shipmakers and builders. The Korea Composite Stock

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    • News Desk
    • Dec 12th, 2012
    • Comments Off on FTSE inches up to highest close in nine months

    Britain's blue-chip index posted its highest close in nine months on Tuesday, supported by strong German economic data but enduring a late sell-off as it balked at technical resistance. The FTSE 100 closed up 3.34

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  • Sterling dipped against the euro on Tuesday, with the shared currency gaining after a stronger-than-expected German sentiment survey spurred some optimism among investors. The pound rose against the dollar however, with some investors speculating the

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  • The euro hovered above two-week lows on Tuesday as nerves calmed over Italy's latest political turmoil for now and as prospects of more stimulus from the Federal Reserve pinned down the dollar. Expectations that the

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  • The euro rose broadly on Tuesday after forecast-beating German data lifted sentiment towards the currency while investors steered clear of the US dollar before a Federal Reserve meeting on monetary policy. Traders said the euro

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    • News Desk
    • Dec 12th, 2012
    • Comments Off on Early trade in New York: euro keeps rising

    The euro rose for a second straight day against the dollar on Tuesday after forecast-beating German data lifted sentiment toward the currency while investors steered clear of the US dollar ahead of a Federal Reserve

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  • The euro rose against the dollar for the first time in four sessions on Monday as Italy's prime minister tried to allay fears about his country's outlook, but concerns about the euro zone's economy should

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    • News Desk
    • Dec 12th, 2012
    • Comments Off on Bangladesh’s interbank forex and interest rates

    Interbank buy/sell rates for the taka against the dollar on Tuesday. 80.80-80.80 (previous 80.90-80.95). Call Money Rates: 07.75-08.00 percent (previous 07.00-08.75 percent). Copyright Reuters, 2012

  • The Swiss franc hovered against the euro and the dollar on Tuesday with little direction seen ahead of the quarterly meeting of the Swiss central bank on Thursday. The franc ticked up 0.1 percent against

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