Wednesday, 22 October 2014

Currencies News

  • Weak jobs, high Australian dollar should lead to rate cut: Goldman Sachs expert

    10:22 | 22/10/14
    Sydney Morning Herald
    One of the region's most senior fixed-income experts has underscored the divide between economists and the bond market by reasserting his call that the Reserve Bank of Australia may be forced to cut interest rates, even after the US Federal Reserve ... more»
  • Corporate results: Engro Polymer suffers Rs157m loss

    10:00 | 22/10/14
    The Express Tribune
    Financial charges of the company declined by 40% year-on-year to Rs678 million during the nine months of 2014 because of depreciation in Pakistani rupee. On a quarterly basis, the company's finance cost increased by 33% to Rs363 million during the ... more»
  • Dollar Rises Against Euro, Pound

    10:00 | 22/10/14
    Wall Street Journal
    The dollar gained against the euro and the British pound on Tuesday as an increase in U.S. existing-home sales and expectations for higher core inflation improved investors' outlook for interest rates. more»
  • Appaloosa's Tepper: Short the euro

    08:55 | 22/10/14
    The head of Appaloosa Management said he's taking a position against the euro, a move that comes amid shifting sands in the global foreign exchange market. more»
  • NZ dollar falls amid speculation ECB will inject more stimulus

    08:52 | 22/10/14
    New Zealand Herald
    The New Zealand dollar fell after reports that the European Central Bank may consider taking more steps to stimulate the euro-zone economy, stoking demand for the greenback. more»
  • 10 Money-Making Jobs For Retirees

    08:07 | 22/10/14
    With the backup of Social Security and savings, seniors are often freer to choose work that matters to them, even if it doesn't pay top dollar, and that offers the flexibility to create the life they want. For each person, the equation will ... Some ... more»
  • Swiss Floor on Franc-Euro Rate Called Key to Monetary Policy

    07:43 | 22/10/14
    Wall Street Journal
    GENEVA—The Swiss National Bank 's currency floor of 1.20 Swiss francs ($1.27) per euro remains a key element of monetary policy due to the strength of the Swiss franc, governing board member Fritz Zurbruegg said Tuesday. more»
  • K4.2 billion on Mphwiyo's charge sheet: Malawi cashgate

    07:22 | 22/10/14
    Nyasa Times
    Top government officials siphoned billions of Malawi kwacha from the government Integrated Financial Management System (IFMIS) through payments to companies that did not supply goods and services to government departments and ministries. more»
  • Experts stress fast phasing-out of polythene bags

    07:11 | 22/10/14
    The Daily Star
    The government did not consult the plastic manufacturers before enacting the jute packaging law that made the use of jute bags mandatory for packing paddy, rice, wheat, corn, fertiliser and sugar, Md Jasim Uddin, president of the Bangladesh Plastic ... more»
  • From the Publisher

    06:37 | 22/10/14
    They are more imitative than creative. The industry where there is the most cash flow in Belize during peak seasons is the tourism industry, and our business people have been fighting to get a share of the tourism dollar. This is how the marketplace ... more»
  • Australian, New Zealand Dollars Recover on Chinese Boost, But RBA Keeps ...

    06:37 | 22/10/14
    Pound Sterling Live
    However, further gains to the AUD and NZD came as Chinese Industrial Production increased to 8.0% from 7.8% forecast indicating that need for for fiscal stimulus may be diminished. more»
  • American Freed After Months Of Detention In North Korea

    06:15 | 22/10/14
    North Country Public Radio
    Tunisia's currency, the dinar, is effectively trapped inside the country. The Central Bank must approve every international transaction - for software, for hardware, for basic business essentials. more»
  • Tax Deadline Gives Russia's Ruble a Rare Good Day

    06:03 | 22/10/14
    The Moscow Times
    Pressure on the ruble eased slightly on Tuesday as Russian firms sold foreign currency to pay taxes falling due in rubles, and though early stock market sentiment was soured by the death of French oil major Total's chief executive in a plane crash in ... more»
  • UK bitcoin exchange Coinfloor opens deposits up to EUR, PLN and USD markets

    05:30 | 22/10/14
    Launching Euro, Polish Zloty and US Dollar markets. From today, Tuesday 21st of October, you can start making deposits to EUR, PLN and USD denominated accounts. more»
  • Central Asia Hurting as Russia's Ruble Sinks

    05:17 | 22/10/14
    In Kyrgyzstan, Tajikistan and Uzbekistan, remittances from the millions of workers in Russia have started to fall. In recent ... Nevertheless, the Kyrgyz som has fallen by 12 percent against the dollar this year, the Tajik somoni by about 5 percent ... more»
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