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Archive for  December 2012

    • News Desk
    • Dec 4th, 2012
    • Comments Off on Early trade in New York: euro soars to six-week high

    The euro leaped to its highest level against the US dollar in six weeks on Monday as concerns abated about debt-burdened Greece and Spain while Chinese data allayed worries about global economic growth. The single

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    • News Desk
    • Dec 4th, 2012
    • Comments Off on Euro hits six-week high versus dollar in London

    The euro hit a six-week high against the dollar on Monday and analysts said it could rise further as investors trimmed bets against the single currency on signs Greece was making progress in making its

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    • News Desk
    • Dec 4th, 2012
    • Comments Off on Bangladesh’s interbank forex and interest rates

    Interbank buy/sell rates for the taka against the dollar on Monday. 81.28-81.35 (previous 81.26-81.37). Call Money Rates: 07.75-08.00 percent (previous 06.00-08.50 percent). Copyright Reuters, 2012

  • The Australian dollar slipped on Monday after data showing soft retail sales, lacklustre labour demand and tame inflation added to expectations of an interest rate cut at home this week. The Aussie initially skidded a

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  • Most emerging Asian currencies held steady or edged higher on Monday, supported by data that showed a pick-up in Chinese manufacturing activity and underscored hopes for a revival in the world's second-largest economy. The dollar's

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  • The yuan closed weaker against the dollar on Monday, but at the strongest level permitted by the official daily trading band, having stayed there for most of the day amid dwindling trade as the central

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    • News Desk
    • Dec 4th, 2012
    • Comments Off on Indian rupee snaps three-day rise

    The Indian rupee snapped a three-day winning streak on Monday as importers, including oil and gold firms pumped up dollar purchases, while weak domestic shares failed to offer much respite. Traders said there was heavy

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    • News Desk
    • Dec 4th, 2012
    • Comments Off on Sterling hits one-month high versus dollar

    Sterling hit a one-month high against the dollar on Monday on corporate and sovereign demand, although the possibility of a gloomy mid-year fiscal statement threatened to weigh on the pound. Sterling climbed to $1.6099, its

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  • Tennis star Samantha Stosur on Monday received the award for Australia's most outstanding player of the year for a third consecutive year at the Australian Tennis Awards in Melbourne, organisers said. The former US Open

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    • News Desk
    • Dec 4th, 2012
    • Comments Off on Ponting a ‘true legend’, says ICC

    Ricky Ponting is "one of the true legends of the sport" the International Cricket Council (ICC) said of the former Australia captain who ended his test career on Monday. Ponting, 37, was the most successful

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