Archive for the January 23, 2019
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The dollar rose against a basket of other major currencies on Tuesday, a day after the International Monetary Fund trimmed its global growth forecasts, and as worries about US-Chinese trade tensions drove investors to shun
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The euro struggled near a three-week low on Tuesday as weak data and a cut in European growth forecast by the International Monetary Fund prompted investors to turn bearish on the single currency. Morale among
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Sri Lanka's rupee closed weaker on Tuesday due to dollar demand from importers, while stocks fell to an eight-week closing low amid concerns over debt repayment by the government. The rupee closed at 182.00/20 per
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Most Asian currencies weakened on Tuesday as a slowdown in China's economy stoked worries over regional and global growth, denting the appetite for riskier assets. The International Monetary Fund on Monday cut its world economic
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Sterling hit the day's high on Tuesday after UK employment data beat expectations suggesting the labour market remained robust despite an economic slowdown ahead of Brexit. The pound rose 0.3 percent to $1.2921 after data
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On Friday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,692. The traded value of Metals, Energy and COTS/FX was recorded at PKR 10.228 billion and the number of lots traded 12,876. Major
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Argentina's 2018-19 soya planting area is estimated at 17.7 million hectares, the Buenos Aires Grains exchange said on Thursday, lowering its previous forecast of 17.9 million hectares due to hard rain in the northern part
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Australia's largest independent coal producer Whitehaven Coal said on Thursday its second quarter saleable coal production rose 11 percent as a timely pickup in production from its Narrabri mine bolstered output. Managed saleable coal production
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A mix of strong rains and sunny spells last week in most of Ivory Coast's cocoa regions augurs well for the April-to-September mid-crop's development, farmers said on Monday. Ivory Coast, the world's top cocoa producer,
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Iranian state-owned animal feed importer SLAL has issued an international tender to purchase up to 200,000 tonnes of animal feed barley, European traders said on Tuesday. Offers must be submitted on Tuesday, Jan. 22. The
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