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Archive for  December 2012

    • News Desk
    • Dec 5th, 2012
    • Comments Off on Early trade in New York: Euro climbs to near seven-week high against dollar

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

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  • The euro climbed for the fourth straight session against the dollar on Monday to touch a six-week high as news from Spain and Greece allayed concerns about those debt-burdened countries, while data from China eased

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    • News Desk
    • Dec 5th, 2012
    • Comments Off on Bangladesh’s interbank forex, interest rates

    Interbank buy/sell rates for the taka against the dollar on Tuesday. 81.2000-81.3150 (previous 81.28-81.35). Call Money Rates:07.75-08.00 percent (previous 06.00-08.50 percent). Copyright Reuters, 2012

  • The Aussie edged up on Tuesday even after the Reserve Bank of Australia cut its cash rate by a quarter point, a move so well discounted that it prompted a "buy on the fact" response.

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  • The Indian rupee strengthened for a fourth session in five on Tuesday as investor hopes for a parliamentary approval to foreign direct investment in multi-brand retail grew a day ahead of the impending vote. The

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    • News Desk
    • Dec 5th, 2012
    • Comments Off on Asian currencies steady to weaker

    Emerging Asian currencies were mostly steady to weaker on Tuesday after soft US manufacturing data highlighted the potential risks from a looming US budget crisis. Falls in Asian currencies were limited, however, with some market

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    • News Desk
    • Dec 5th, 2012
    • Comments Off on Sterling hits one-month high versus dollar

    Sterling struck a one-month high against a broadly weaker dollar on Tuesday as reported buying by long-term investors outweighed a weaker-than-forecast survey of British construction activity. The construction PMI showed activity shrank slightly in November

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    • News Desk
    • Dec 5th, 2012
    • Comments Off on Ba double leads Newcastle to victory over 10-man Wigan

    Demba Ba helped injury-hit Newcastle United end a sequence of four successive English Premier League defeats by grabbing two goals in a 3-0 victory over 10-man Wigan Athletic on Monday. The Senegal striker's double blast

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    • News Desk
    • Dec 5th, 2012
    • Comments Off on Vettel suit sold for £11,000 in charity auction

    A signed race suit worn by newly crowned Formula One world champion Sebastian Vettel was sold for £11,000 ($17,740, 13,560 euros) at a charity auction, organisers announced on Tuesday. The suit was part of a

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    • News Desk
    • Dec 5th, 2012
    • Comments Off on India and Dutch top pools at Champions Trophy

    India finished top of Pool A despite going down 3-2 in their final pool game to Olympic champions Germany at the Champions Trophy in Melbourne on Tuesday. World number 11 India will now face win-less

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