TORONTO - The Canadian dollar nudged higher against the greenback on Friday in thin trading with U.S. markets closed for the Independence Day holiday, but it was lower on the week, its third straight week of declines.
Aix en Provence: Suresh Tendulkar, an economic adviser to Indian Prime Minister Manmohan Singh, said he is urging the government to diversify its $264.6 billion (Dh971.7 billion) foreign-exchange rese...
Saturday, July 04, 2009 LONDON: The dollar dipped against the euro on Friday, reversing some of its sharp gains the previous session following weak US jobs data which dampened hopes that the global economy is poised to recover....
Solid, long-term dollar role PARIS: The dollar will remain the dominant currency for the foreseeable future but that is not stopping other regions like Asia from developing their financial markets, said Bank Negara governor Tan...
The rise of gold prices during the past couple of years has sparked much interest from writers, publishers, investment counselors, news sources and so forth over the prospects of further price increases in gold in the future....
Just a month ago, the Dow Jones Industrial Average was completing a bizarre run from 6,800 to 8,800, following the monster decline from 14,000 less than a year ago. Aside from the obvious “dead cat bounce” phenomenon, the...
Manish Chokhani of Enam Securities is of the opinion that economic recovery would take longer than expected. He still believes recent upmove is bear market rally. He, however, feels it is unlikely for the Sensex to go back to...
July 4, 2009 (LBO) - Sri Lanka's central bank has bought 390 million US dollars from forex markets in June to boost its foreign reserves, bringing the total purchases since a float of its currency in March to 450 million US...
Nevil Gibson | Saturday July 4 2009 - Stocks fell in Europe and Asia, extending the MSCI World Index’s longest weekly losing streak since March. The MSCI World lost 0.1% to 946.80 as 12 stocks fell for every seven that rose....
BEIJING, July 4 (Reuters) - China's largest foreign exchange bank, the Bank of China , has reached a yuan trade settlement agreement with HSBC bank in Hong Kong, taking advantage of new rules allowing such deals.