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Archive for the December 29, 2017

  • Sri Lankan shares inched higher on Thursday in their fifth straight gaining session to a fresh three-week closing high as the central bank held key policy rates steady, with trading muted by the holidays after

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    • News Desk
    • Dec 29th, 2017
    • Comments Off on Southeast Asian markets: Philippines, Indonesia climb to record high

    Southeast Asian stock markets closed firmer on Thursday as broader Asian shares scaled a decade high on bets of a brighter outlook for the global economy and robust commodity prices, with the Philippines and Indonesia

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    • News Desk
    • Dec 29th, 2017
    • Comments Off on Miners help Britain’s FTSE 100 stay at record levels

    Britain's top share index steadied at record highs on Thursday as mining stocks rallied, though strength in the pound capped gains. The blue chip FTSE 100 index ended flat at 7,622.88. During the session it

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  • Interbank buy/sell rates for the taka against the dollar on Thursday. 82.700-82.70 (Previous 82.70-82.70. Copyright Reuters, 2017

  • The dollar slid broadly on Thursday, hampered by a recent dip in US 10-year bond yields, while commodity-linked currencies were bolstered by this week's rally in metals and oil prices. In the cryptocurrency market, bitcoin

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    • News Desk
    • Dec 29th, 2017
    • Comments Off on Dollar slips; bitcoin struggles in Europe

    The dollar slipped to a four-week low against a basket of currencies on Thursday, kept under pressure by a recent dip in US 10-year bond yields, while volatile bitcoin came under renewed pressure after a

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    • News Desk
    • Dec 29th, 2017
    • Comments Off on Early trade in New York: dollar index sinks to four-week low; bitcoin sags

    The dollar fell to a four-week low against a basket of currencies on Thursday on a less certain US economic outlook after the passage of major tax cuts, while bitcoin succumbed to renewed selling, marking

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    • News Desk
    • Dec 29th, 2017
    • Comments Off on Dollar index hits 3-1/2-week low in New York

    The US dollar fell to a 3-1/2-week low against a basket of currencies on Wednesday as traders bet more major central banks will begin reducing monetary stimulus in 2018 because of faster global economic growth.

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  • The Canadian dollar strengthened to a two-month high against its US counterpart on Wednesday, as the greenback broadly fell and commodity markets held on to recent gains. At 9:08 am ET (1408 GMT), the Canadian

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  • The Sri Lankan rupee closed lower on Thursday as demand for dollars from importers and banks outweighed inward remittances and conversion of the US currency by exporters, dealers said. The spot rupee, which traded at

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