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Archive for the January 14, 2016

    • News Desk
    • Jan 14th, 2016
    • Comments Off on Dollar gains for third day in New York

    The dollar rose for a third straight session on Tuesday as gains on Wall Street and calmer financial markets enhanced appetite for currencies that offer higher yield. The euro and the yen, currencies with low

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    • News Desk
    • Jan 14th, 2016
    • Comments Off on Bangladesh’s interbank forex, interest rates

    Interbank buy/sell rates for the taka against the dollar on Wednesday. 78.50-78.50 (previous 78.50-78.50). 03.00-05.00 percent (Previous 03.00-05.00 percent). Copyright Reuters, 2016

  • The Sri Lankan rupee ended slightly weaker on Wednesday as importer dollar demand outpaced greenback sales by banks and exporters, dealers said. However, a few dealers anticipate that the rupee will appreciate due to expected

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  • Emerging Asian currencies rose on Wednesday thanks to China's stronger-than-expected December trade data and persistent efforts to calm the yuan, even as traders and analysts expected the renminbi to weaken over the long term. China's

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  • China's central bank held the yuan steady at its daily fixing, keeping its foot on the brake to stop a slide in the currency resuming, but the yuan still eased slightly on strong corporate demand.

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  • Sterling reached a 5 1/2-year low against the dollar on Wednesday, extending a brutal sell-off that has seen the currency shed almost 6 percent in only a month. The pound plunged by more than 1

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  • The Australian and New Zealand dollars regained some ground on Wednesday after better-than-expected Chinese trade helped assuage, at least for now, concerns about the world's second largest economy. The Australian dollar was squeezed 0.6 percent

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    • News Desk
    • Jan 14th, 2016
    • Comments Off on De Villiers concerned about long-term future

    New South African captain AB de Villiers said Wednesday he was fully committed to leading the team in the next two Tests against England, but confirmed there was "a bit of truth" in rumours he

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    • News Desk
    • Jan 14th, 2016
    • Comments Off on Lahm slams ‘marketing prize’ Ballon d’Or

    Former Germany captain Philipp Lahm has slammed FIFA's Ballon d'Or award for the world player of the year as nothing more than a "marketing prize". The Bayern Munich full-back said the award favoured "the most

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    • News Desk
    • Jan 14th, 2016
    • Comments Off on Dhoni ‘not convinced’ by DRS after wrong call

    Skipper Mahendra Singh Dhoni says he remains unconvinced by the merits of the Decision Review System despite India appearing to get a wrong decision in their opening one-day international loss to Australia. India's lack of

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