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Archive for  December 2012

  • The euro retreated from a seven-week high against the dollar on Wednesday, knocked lower by lacklustre demand at a Spanish bond auction and weaker-than-expected euro zone retail sales figures. The single currency hit a session

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    • News Desk
    • Dec 6th, 2012
    • Comments Off on Early trade in New York: euro slips versus dollar

    The euro slipped from a seven-week high against the dollar on Wednesday after a disappointing Spanish bond auction and weak euro zone economic data prompted investors to book profits on recent gains. Optimism that Greece

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    • News Desk
    • Dec 6th, 2012
    • Comments Off on Euro climbs near seven-week high versus dollar

    The euro rose to a near seven-week high against the dollar on Tuesday after Greece announced better-than-expected terms for its debt buyback, fuelling optimism Athens will continue to receive international aid to avoid a default.

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    • News Desk
    • Dec 6th, 2012
    • Comments Off on Bangladesh’s interbank forex and interest rates

    Interbank buy/sell rates for the taka against the dollar on Wednesday. 81.00-81.16 (previous 81.20-81.3150). Call Money Rates: 07.75-08.00 percent (previous 06.00-08.50 percent). Copyright Reuters, 2012

  • The Swiss franc fell further against the euro on Wednesday, trading at an 11-week low as moves by Switzerland's two biggest banks to pay negative interest rates on franc deposits made by rivals sapped appetite

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  • The Indian rupee rose for a fifth session in six on Wednesday as investors remained hopeful for a parliamentary approval to foreign direct investment in the multi-brand retail sector which will be put to vote

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  • Most emerging Asian currencies edged higher on Wednesday, supported by easing worries about Greece and the euro zone's debt crisis, with the South Korean won rising on position squaring. Gains in Asian currencies were relatively

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    • News Desk
    • Dec 6th, 2012
    • Comments Off on Pound off lows after gloomy budget statement

    Sterling edged up from one-month lows against the euro on Wednesday after a gloomy UK budget statement which traders said was in line with expectations. But forecasts from finance minister George Osborne that Britain would

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    • News Desk
    • Dec 6th, 2012
    • Comments Off on Sri Lanka brace to face ‘wounded’ Australia

    Sri Lankan skipper Mahela Jayawardene Wednesday said he expected Australia to attack his men like "wounded soldiers" after their hard-fought loss to South Africa and the retirement of Ricky Ponting. Australia suffered a 309-run defeat

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    • News Desk
    • Dec 6th, 2012
    • Comments Off on ‘Inoki’s Wrestling for Peace Festival’ held

    The 'Inoki's Wrestling for Peace Festival' organised here on Wednesday. The day-long event inaugurated by the world famous Japanese wrestler Muhammad Hussain Inoki in a colourful ceremony held under auspices of Provincial Department of Sports

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