Little room for policy manouevre: Nigeria central bank - Reuters
while a fall in the euro would hit the 15 percent of Nigeria's billion in foreign exchange reserves which are denominated in euros. Continued...
PSO to maximize product uplift from local sources - SteelGuru
This initiative will benefit the national economy by reducing the nation’s dependence on imported oil products, reduce foreign exchange expenditure, encourage foreign investment in the domestic energy sector and maximize local refineries throughput.
Asian Currencies Drop a Fourth Week as EU Crisis Hurts Exports - Bloomberg
“You still have massive problems in Europe and there are a lot of concerns about the slowdown in China,” said Thomas Harr, the Singapore-based head of Asian foreign-exchange strategy at Standard Chartered Plc. “There’s pressure on all ...
RBI may sell dollars, issue bonds to arrest rupee's fall - smetimes.in
It's an open issue. We have done it in past. At the moment, we have not done it so far," Subbarao told reporters when asked whether the central bank is considering direct sale of foreign exchange to oil marketing companies. In his interaction with media ...
China yuan retreats to 6.326 against USD Friday - Xinhua News Agency
BEIJING, May 25 (Xinhua) -- The Chinese currency Renminbi, or the yuan, lost 13 basis points to 6.326 against the U.S. dollar on Friday, according to the China Foreign Exchange Trading System. In China's foreign exchange spot market, the yuan is allowed to ...
UPDATE: Argentina Banks Lost 8M In Foreign Currency Deposits - Wall Street Journal
About .5 billion in foreign currency deposits, mainly U.S. dollars, has left the banking system after President Cristina Kirchner imposed exchange controls in late October to
Ruble Falls for Second Day on Europe; Local Bond Yields Climb - Businessweek
The European Union is Russia’s largest trading partner. “The main focus is Europe,” Dmitry Sinitsyn, head of foreign exchange in Moscow at Credit Suisse Group AG, said by e- mail. Russian dollar-denominated debt due 2015 rose, cutting the ...
Man gets Foreign+Exchange.1 million fine for securities fraud - Richmond Review
Michael Robert Shantz solicited German and Swiss residents to open trading accounts with Canada Pacific Consulting Inc. and claimed that they would conduct gold futures or foreign exchange trading on behalf of them. Shantz claimed he had 120 ...
EUR/CHF spike blamed on talk of a Swiss tax on deposits - forexlive.com
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your ...
Siemens AG : Siemens Brasil CEO : Foreign Exchange Volatility Causes Short-Term Impact - 4-traders (press release)
Recent volatility in foreign-exchange rates has generated a short-term impact on business, but will not affect the long term plans of Germany's Siemens AG (SI). Siemens aims to expand its operations to meet local demand, but a weaker Brazilian real could ...
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