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Archive for the January 10, 2018

  • The yen reached a five-day high on Tuesday, after the Bank of Japan trimmed its purchases of long-dated government bonds in market operations, stoking speculation the central bank could start to wind down its huge

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    • News Desk
    • Jan 10th, 2018
    • Comments Off on Early trade in New York: dollar climbs against major currencies

    The dollar climbed against a basket of major currencies on Tuesday, recovering further from last week's decline to the lowest in more than three months, which drew bargain hunters. The dollar index, which measures the

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    • News Desk
    • Jan 10th, 2018
    • Comments Off on Dollar gains in New York as euro rally falters

    The dollar rose to a more than one-week high against a basket of other major currencies on Monday, helped by a pullback in the euro as investors took profits after the common currency's recent rally.

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  • The Sri Lankan rupee closed marginally firmer on Tuesday, offseting early losses as late dollar conversions by exporters surpassed demand for the US currency from importers and banks, dealers said. The spot rupee ended at

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  • The Sudanese pound hit an all-time low against the dollar on the black market Tuesday, brokers said, fuelling concerns of soaring inflation as importers rushed to buy the US currency. On Tuesday, the pound reaching

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  • Most emerging Asian currencies made only modest moves on Tuesday, with gains capped as a retreat in the euro helped the US dollar strengthen against most of its counterparts. The greenback rose to a more

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  • Interbank buy/sell rates for the taka against the dollar on Tuesday. 82.80-82.80 (Previous 82.75-82.75). Copyright Reuters, 2018

  • Sterling weakened on Tuesday, snapping a three-day rising streak as investors took profits, although expectations that Brexit talks will have a positive outcome continued to underpin the British currency. External factors have also proved supportive

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  • The Australian dollar got a lift from upbeat domestic data on Tuesday, while its New Zealand cousin hit a fresh three-month top as the US dollar ran into a sudden bout of Asian selling. The

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    • News Desk
    • Jan 10th, 2018
    • Comments Off on Gulf markets mostly sluggish, Egypt rises on presidential election date

    Gulf stock markets were mostly sluggish on Tuesday as Qatar slowed after surging for two days, but Egypt's bourse rose after authorities announced a date for presidential elections. The Qatari stock index closed 0.3 percent

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