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2006 September

Archive forSeptember, 2006

FOREX-Dollar slips further, euro strikes new high vs yen 

FOREX-Dollar slips further, euro strikes new high vs yen 
TOKYO, Aug 30 (Reuters) - The dollar slipped further against the euro on Wednesday after the minutes of the Federal Reserve’s last meeting suggested the central bank is in no rush to raise interest rates again after pausing a two-year tightening campaign.

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Stock market fall hits India Inc’s forex loans

Stock market fall hits India Inc’s forex loans
TMCnet - (Times of India, The (KRT) Via Thomson Dialog NewsEdge) Aug. 31–NEW DELHI — Fund-raising activities through foreign currency convertible bonds (FCCB) have taken a hit with the domestic stock markets turning bearish in May 2006. The result …

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Forex reserves drop $41 m 

Forex reserves drop $41 m 
MUMBAI: India’s foreign exchange reserves dipped by $41 million to $165.326 billion during the week ended August 25 from $165.367 billion during the week ended August 18. The reserves had increased by $273 million during the preceding week ended …

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Forex - Euro falls against yen on profit-taking, Tanigaki comments

Forex - Euro falls against yen on profit-taking, Tanigaki comments
Life Style Extra, UK - Aug 29, 2006LONDON (AFX) - The euro fell against the yen as the currency succumbed to profit-taking after earlier edging above the 150 yen level to mark a new record high. …

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Forex - Dollar rebounds vs yen in Tokyo midday on buying by Japanese …

Forex - Dollar rebounds vs yen in Tokyo midday on buying by Japanese …
Forbes - TOKYO (XFN-ASIA) - The US dollar rebounded against the yen in midday trade here on buying by Japanese importers following the US unit’s slide overnight, dealers said. Overnight, the dollar fell to below the 116-yen level for the first time in two …

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Forex - Asia currency summary

Forex - Asia currency summary
Forbes - Neither the Subscriber nor AFX News warrants the completeness or accuracy of the Service or the suitability of the Service as a trading aid and neither accepts any liability for losses howsoever incurred. The content on this site, including news …

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Japan’s forex reserves hit new high for 6th consecutive month

Japan’s forex reserves hit new high for 6th consecutive month
People’s Daily Online, China - 22 hours agoJapan’s foreign exchange reserves stood at 878.75 billion US dollars at the end of August, up 6.81 billion dollars from a month earlier and hitting a new …

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Forex - Dollar rebounds vs yen in Tokyo midday on buying by …

Forex - Dollar rebounds vs yen in Tokyo midday on buying by …
Forbes - Sep 4, 2006TOKYO (XFN-ASIA) - The US dollar rebounded against the yen in midday trade here on buying by Japanese importers following the US unit’s slide overnight …

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Forex - Yen steadies after Japanese official downplays G7 talk

Forex - Yen steadies after Japanese official downplays G7 talk
Forbes - LONDON (AFX) - The yen’s sharp spike higher came to a halt when one of Japan’s top financial officials appeared to downplay expectations that the recent fortunes of the Japanese currency will be at the top of the agenda at the G7 meeting of leading …

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Tanigaki mum on topic of forex talks at G7

Tanigaki mum on topic of forex talks at G7
Reuters - TOKYO (Reuters) - Japanese Finance Minister Sadakazu Tanigaki said on Friday that G7 financial heads would discuss exchange rates when they meet in Singapore on September 16, but he declined to say if the yen would be at the center of those talks …

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