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2007 November

Archive forNovember, 2007

Turkmenistan plans to liberalise forex market

Turkmenistan plans to liberalise forex market
Reuters UK - ASHGABAT, Nov 1 (Reuters) - Turkmenistan will redenominate its national currency and close the gap between the official and black market exchange rates as part of a wider economic reform programme, state media reported on Thursday. President …

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Closing Forex Rates — UK

Closing Forex Rates — UK
Forbes - Copyright Thomson Financial News Limited 2007. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of …

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FOREX-Yen up as market jitters prompt flight to safety

FOREX-Yen up as market jitters prompt flight to safety
Reuters - LONDON, Nov 15 (Reuters) - The yen rose versus the euro and dollar on Thursday and high yielding currencies dipped as concerns about the effects of the credit crunch and falling equity markets led investors to pare back risky carry trades. The …

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FOREX-Dollar on track for biggest weekly gain in a month

FOREX-Dollar on track for biggest weekly gain in a month
Reuters - NEW YORK, Nov 16 (Reuters) - The dollar fell on Friday but stayed on track for its biggest weekly gain against a basket of major currencies in a month despite uncertainty in the credit market. The dollar fell against most major currencies on reports …

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Closing Forex Rates — UK

Closing Forex Rates — UK
Forbes - Copyright Thomson Financial News Limited 2007. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of …

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ECB policymakers warn on forex

ECB policymakers warn on forex
Reuters UK - Nov 23 - With the euro hitting new highs against the dollar, European Central Bank policymakers warn of the risks attached to currency movements. Airbus CEO says weak dollar a “serious problem” European stocks rise for second consecutive session …

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Forex - Malaysian Ringgit Surges To 1-week High Against Dollar [USD …

Forex - Malaysian Ringgit Surges To 1-week High Against Dollar [USD …
RTT News - 11/26/2007 12:24:57 AM The Malaysian Ringgit trended higher versus the US dollar during the early Asian deals on Monday. At about 8:25 pm ET, the ringgit hit 1-week high of 3.3465, before it lost ground. The dollar-ringgit pair that closed its Friday …

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Forex - Dollar picks up further, helped by US home sales data

Forex - Dollar picks up further, helped by US home sales data
CNBC - LONDON (Thomson Financial) - The dollar picked up further, hitting eight-day highs against the euro and the yen, helped by better-than-expected US existing home sales data. Although existing home sales fell by 1.2 pct to a nine-year low of 4.97 mln …

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Forex - Dollar firm as investors book profits at month’s end

Forex - Dollar firm as investors book profits at month’s end
Forbes - LONDON (Thomson Financial) - The dollar remains firm despite weak US housing data and expectations of further US interest rate cuts, partly because investors book profits made over November and begin to reduce their risk exposure heading into the …

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