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Archive for  December 2012

  • China's yuan closed slightly lower against the dollar on Thursday following a busy afternoon session during which some bank clients settled foreign exchange positions before the end of the year. The yuan ended at 6.2360

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  • The yen fell to its lowest level in more than two years against the dollar on Thursday, reflecting expectations that the new government of Prime Minister Shinzo Abe will push to weaken Japan's currency and

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  • The yen fell to its lowest against the dollar in more than two years on Thursday, on expectations a new government in Tokyo will push for aggressive monetary stimulus and take steps to weaken the

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    • News Desk
    • Dec 28th, 2012
    • Comments Off on Early trade in New York: yen hits over two years low

    The yen dropped to its lowest against the US dollar in more than two years on Thursday on expectations a new government in Tokyo will push for aggressive monetary stimulus to boost a sluggish economy

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  • The yen tumbled to a more than two-year low against the dollar and a 16-month trough versus the euro on Wednesday after Japan's new prime minister repeated his vow to battle deflation and a strong

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    • News Desk
    • Dec 28th, 2012
    • Comments Off on Bangladesh’s interbank forex, interest rates

    Interbank buy/sell rates for the taka against the dollar on Thursday. 79.75-79.90 (79.85-79.87). Call Money Rates: 07.75-09.00 percent (previous 7.25-10.70 percent). Copyright Reuters, 2012

  • The Indian rupee fell after two sessions of gains on Thursday, tracking lower stocks and as oil refiners bought dollars, with the local currency headed to end the year with losses. Concerns about slowing growth

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  • The Philippine peso turned firmer after hitting a near six-week low against the dollar on Thursday on measures by the central bank to slow down the currency's appreciation. Other emerging Asian currencies also gained on

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  • Sterling dropped to an eight-month low against the euro on Thursday as UK economic concerns hurt the pound while the euro benefited from ebbing euro zone debt worries and year-end demand. The euro was last

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  • With a new coach in his corner, French star Jo-Wilfried Tsonga heads into a new year believing his maiden Grand Slam title is within reach. Ranked eighth in the world, the flamboyant Tsonga finds his

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