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Currency Strategists: ABN Amro Predicts Rupiah Gain Next Year (Bloomberg.com)
Dec. 30 (Bloomberg) -- Indonesia's rupiah will reverse a two-year drop in 2006 because the central bank will cut interest rates to boost investment and consumer spending, according to ABN Amro Holding NV.
Dec. 30 (Bloomberg) -- Indonesia's rupiah will reverse a two-year drop in 2006 because the central bank will cut interest rates to boost investment and consumer spending, according to ABN Amro Holding NV.
Interbank foreign exchange swaps cut-off time extended (Business Recorder)
KARACHI (December 30 2005): The State Bank of Pakistan (SBP) has extended the cut-off time for foreign exchange swaps in the interbank market up to 4:30 pm from Monday to Friday and up to 1:00 pm on Saturday.
KARACHI (December 30 2005): The State Bank of Pakistan (SBP) has extended the cut-off time for foreign exchange swaps in the interbank market up to 4:30 pm from Monday to Friday and up to 1:00 pm on Saturday.
(AFX UK Focus) 2005-12-27 01:53 GMT: China foreign exchange reserves at 794.2 bln usd end-Nov vs 784.9 Oct - report (Interactive Investor)
BEIJING (AFX) - China¿s foreign exchange reserves rose to 794.2 bln usd at the end of November from 784.9 bln usd at the end of October, the China Business News said, citing unnamed sources.
BEIJING (AFX) - China¿s foreign exchange reserves rose to 794.2 bln usd at the end of November from 784.9 bln usd at the end of October, the China Business News said, citing unnamed sources.
(AFX UK Focus) 2005-12-30 01:56 GMT: Citibank gains market maker status for China interbank forex market (Interactive Investor)
SHANGHAI (AFX) - Citibank said it has received approval from the State Administration of Foreign Exchange (SAFE) for its Shanghai branch to act as a market maker on the interbank foreign exchange market.
SHANGHAI (AFX) - Citibank said it has received approval from the State Administration of Foreign Exchange (SAFE) for its Shanghai branch to act as a market maker on the interbank foreign exchange market.
Azerbaijan To Issue Re-Valued Currency (Radio Free Europe: Radio Library)
29 December 2005 -- Azerbaijan's central bank said today that a re-weighted currency with a new design will begin circulating on New Year's Day.
29 December 2005 -- Azerbaijan's central bank said today that a re-weighted currency with a new design will begin circulating on New Year's Day.
Mother joins son in foreign-exchange program (Times Herald)
During a visit with Kent and Linda France in Worth Township, Guillermo Lancha dropped the hint. His cousin, Miguel Lancha, was looking to study abroad.
During a visit with Kent and Linda France in Worth Township, Guillermo Lancha dropped the hint. His cousin, Miguel Lancha, was looking to study abroad.
Analysts: U.S. Currency to Fall in 2006 (AP via Yahoo! News)
After a surprise 2005 in which the dollar rose, against the predictions of many analysts, the U.S. currency is likely to fall in 2006. But exactly when and how hard, they say, will depend largely on how the U.S. interest rate story plays out.
After a surprise 2005 in which the dollar rose, against the predictions of many analysts, the U.S. currency is likely to fall in 2006. But exactly when and how hard, they say, will depend largely on how the U.S. interest rate story plays out.
Forex - U.S. Dollar Dearer Against Rupee - Dec 29, 2005 (Asia Pulse via Yahoo! Asia News)
MUMBAI, Dec 29 Asia Pulse - The U.S. dollar ended stronger against the rupee at Rs 45.17 per dollar but the pound sterling turned weak at Rs 77.76 per pound at the close of the Interbank Foreign Exchange (FOREX) market here on Thursday.
MUMBAI, Dec 29 Asia Pulse - The U.S. dollar ended stronger against the rupee at Rs 45.17 per dollar but the pound sterling turned weak at Rs 77.76 per pound at the close of the Interbank Foreign Exchange (FOREX) market here on Thursday.
FOREX-Dollar flat as traders close books for year-end (Reuters via Yahoo! Asia News)
(Recasts, updates prices, adds comment and quotes, changes dateline; previous LONDON) By Jamie McGeever NEW YORK, Dec 29 (Reuters) - The dollar was mostly flat against major currencies on Thursday, shackled in tight ranges with dealers reluctant to take risks in the penultimate trading session of the year.
(Recasts, updates prices, adds comment and quotes, changes dateline; previous LONDON) By Jamie McGeever NEW YORK, Dec 29 (Reuters) - The dollar was mostly flat against major currencies on Thursday, shackled in tight ranges with dealers reluctant to take risks in the penultimate trading session of the year.