Archive for November 7th, 2008

IOI first-quarter profit falls on forex losses
Malaysia Star, Malaysia - 36 minutes ago
By LAALITHA HUNT PETALING JAYA: Plantation heavyweight IOI Corp Bhd has posted a 36% fall in net profit to RM290.5mil for its first quarter to September due

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Forex reserves at healthy level despite big drop
Malaysia Star, Malaysia - 37 minutes ago
The fall in forex reserves was not explained by Bank Negara in its bi-weekly statement of assets and liabilities but analysts point out the dramatic drop

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FOREX-Dollar retreats vs euro after US jobs gloom
Reuters UK, UK - 7 minutes ago
By Steven C. Johnson NEW YORK, Nov 7 (Reuters) - The dollar dipped against most major currencies on Friday after data showed US employers cut 240000 jobs

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FOREX-Dollar retreats vs euro after US jobs gloom
Reuters - 1 hour ago
By Steven C. Johnson NEW YORK, Nov 7 (Reuters) - The dollar dipped against most major currencies on Friday after data showed US employers cut 240000 jobs
FOREX-Dollar weakens after bleak US jobs report Reuters UK
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Sify
Forex reserves shrink by $5.5 b
Hindu Business Line, India - 32 minutes ago
Sustained dollar selling by the Reserve Bank of India in the forex markets, huge amounts of FII outflow from the domestic equity markets,
RBI to provide forex swap facility to banks Business Standard
Forex reserves dip $5.5 bn as FIIs stay in sell mode Economic Times
Dollar on escalator and rupee on ventilator – why? Hindu Business Line
Business Standard
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RBI forex for banks’ foreign operations
Livemint, India - 35 minutes ago
at IDBI Gilts Ltd said the measures would not impact the forex and bond markets much because they apply only to large banks with overseas operations.
RBI offers forex liquidity to Indian banks abroad Business Standard
RBI to provide liquidity to banks` overseas branches India Infoline.com
Strong $ shrinks forex kitty by $15.5 billion in a week Economic Times
Sify - Indian Express
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NWFBroker offers the best conditions on forex market for clients
Live-PR.com (Pressemitteilung), Austria - 15 hours ago
07.11.2008 19:08:32 Crisis period has become a trial for most financial companies, and also their clients. North-West Financial Broker Company offers the

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Forex reserves dip $5.5 bn as FIIs stay in sell mode
Economic Times, India - 5 hours ago
MUMBAI: Foreign exchange reserves continued to dip further for yet another week, as foreign investors continued to pullout dollars from Indian markets.

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Forex losses singe profits of Indian companies
Trading Markets (press release), CA - 15 hours ago
Companies from diverse sectors such as auto, pharma, metals, energy and IT have seen their profits shrinking because of forex losses as liabilities (mostly
United Tech to step up aerospace parts sourcing Trading Markets (press release)
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AFP
Forex reserves plunge by USD 5532 mn
Myiris.com, India - 4 hours ago
Forex reserves plunged by USD 5532 million to touch USD 252883 million as on Oct. 31, 2008, mainly due to a sharp decline in foreign currency and assets
Finance Ministry, Central Bank publish details of €12.5 billion Realdeal.hu
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