Archive for November 12th, 2008

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12 11 2008

Indonesia's currency hit after forex rules tightened - guardian.co.uk

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Indonesia's currency hit after forex rules tightened
guardian.co.uk, UK - 24 minutes ago
SINGAPORE, Nov 13 (Reuters) - Indonesia's currency tumbled to a seven-year low and the cost to insure its debt shot up on Thursday after new government …

Original post by forex - Google News

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12 11 2008

FIA uncovers politicians’ involvement in forex scam - Daily Times

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FIA uncovers politicians’ involvement in forex scam
Daily Times, Pakistan - 1 hour ago
Instead of bringing forex earned through the hundi business into Pakistan, it was used for making payments abroad. daily times monitor/aaj kal report.

Original post by forex - Google News

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12 11 2008

Citic pays price for HK arm’s forex gamble - Financial Times

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Citic pays price for HK arm’s forex gamble
Financial Times, UK - 1 hour ago
The forex losses hanging over Citic Pacific were hugely embarrassing for Mr Yung and Henry Fan, his managing director, who said the trades were executed …
CITIC Pacific forex loss capped at $9.3b The Standard
CITIC Pac in deal with CITIC Group to cover losses Reuters
Citic Group to Take Control of Citic Pacific Wall Street Journal
China Knowledge Online - Reuters
all 26 news articles

Original post by forex - Google News

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12 11 2008

Brazil sells $498 mln in 2nd forex swap auction - Reuters

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Brazil sells $498 mln in 2nd forex swap auction
Reuters - 32 minutes ago
SAO PAULO, Nov 12 (Reuters) - Brazil's central bank sold about $498 million in dollar swap contracts in a second auction on Wednesday, seeking to meet a …

Original post by forex - Google News

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12 11 2008

FOREX-Dollar extends losses vs yen as US stocks fall - Reuters

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FOREX-Dollar extends losses vs yen as US stocks fall
Reuters - 2 hours ago
NEW YORK, Nov 12 (Reuters) - The dollar extended losses against the yen on Wednesday as risk aversion increased with US stocks posting sharp losses. …

Original post by forex - Google News

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12 11 2008

FOREX-Sterling falls below $1.5000 to 6-1/2-year low - Reuters

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FOREX-Sterling falls below $1.5000 to 6-1/2-year low
Reuters - 26 minutes ago
NEW YORK, Nov 12 (Reuters) - The British pound extended losses against the US dollar on Wednesday, falling below $1.50 to its lowest in six and a half years …

Original post by forex - Google News

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12 11 2008

FOREX-US dollar falls below 96 yen after Paulson comments - Reuters

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FOREX-US dollar falls below 96 yen after Paulson comments
Reuters - 1 hour ago
… mortgage assets and is focusing on supporting consumer credit," said Brian Dolan, chief currency strategist, at Forex.com in Bedminster in New Jersey. …

Original post by forex - Google News

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12 11 2008

BI limits forex purchases to stem rupiah slide - Jakarta Post

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BI limits forex purchases to stem rupiah slide
Jakarta Post, Indonesia - 1 hour ago
Through a new regulation to be effective starting Thursday, Bank Indonesia expects the policy to balance demand and supply in the forex market, …
Indonesian central bank issues regulation on foreign currency purchase Xinhua
UPDATE 1-Indonesia sets FX buying limit without transactions Forbes
all 7 news articles

Original post by forex - Google News

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12 11 2008

FOREX-US dollar, yen up on recession fears; pound tumbles - Reuters

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Maktoob
FOREX-US dollar, yen up on recession fears; pound tumbles
Reuters - 52 minutes ago
By Wanfeng Zhou NEW YORK, Nov 12 (Reuters) - The US dollar and the yen rose on Wednesday, buoyed by safe-haven bids as persistent worries about a severe …
FOREX-Euro pares gains on weak data, stg down on BoE Reuters
all 15 news articles

Original post by forex - Google News

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12 11 2008

FOREX-Euro pares gains on weak data, stg down on BoE - Reuters

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FOREX-Euro pares gains on weak data, stg down on BoE
Reuters - 40 minutes ago
By Naomi Tajitsu LONDON, Nov 12 (Reuters) - The euro pared gains against the dollar on Wednesday after data underlined economic weakness, while sterling …

Original post by forex - Google News

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