Forex & Currency Market News
- Brazil Real Declines as Greek Debt Talks Damp Growth Optimism Sao Paulo, from 1.7370 on Jan. 27. That’s the biggest intraday drop since Jan. 13. The currency has risen 6.8 percent this month, headed for the biggest gain since October. European policy makers are discussing plans to directly intervene in Greek Mon, 30 Jan 2012 14:27:00 GMT Washington Post
- Rand falls against dollar in nervous markets does is very closely related to the euro, so when Portugal’s 10-year yields rose today, the single currency became weaker and our local currency followed," a currency trader said. "We’re still in very uncertain times when it comes to the euro zone, Mon, 30 Jan 2012 14:16:00 GMT Business Day
- NBRB to restrict money printing in 2012 economic growth in the medium-term and long-term perspectives are low inflation and stable exchange rate of the national currency. “Our goal is to reduce the consumer price growth to 19-22% in 2012. The success of the efforts will in many ways depend Mon, 30 Jan 2012 14:15:00 GMT Belta
- KSE benchmark 100 index gains 76 points about security of supply, while positive data from the United States also acted as a support. In the currency market, the rupee ended weaker at 90.22/27 to the dollar, compared with Thursday's close of 90.20/25, amid a lack of import payments. (Reuters Mon, 30 Jan 2012 14:06:00 GMT The News International
- REG - Montanaro EuroSmllr - Currency � Mon, 30 Jan 2012 14:00:00 GMT Reuters
- Outlook stable for Indian pharma sector in 2012: Fitch significant reduction in margins and sustained depreciation of the rupee leading to higher debt on account of foreign currency borrowing. It said the earning prospects for pharma companies this year will continue to be guided by the growing preference Mon, 30 Jan 2012 13:51:00 GMT Financial Chronicle
- Rupee falls from near 3-month high Traders also awaited a debt deal between Greece and its private creditors for further clues on the local currency. Global risk appetite is a key driver for the rupee, which has strengthened 7.3 percent this month, on a sharp rise in foreign fund Mon, 30 Jan 2012 13:50:00 GMT Reuters India
- Pound Falls Versus Dollar as U.K. Home Prices Stall; Gilts Rise Hometrack Ltd. said downward pressure will remain on house values amid a squeeze on consumers. The U.K. currency was little changed against the euro as European Union leaders prepared to meet today for their first summit of 2012. Gilts advanced as Mon, 30 Jan 2012 13:45:00 GMT BusinessWeek
- Ruble Drops 2nd Day as Oil Falls, Leaders Meet, Tax Demand Ebbs as Europes debt crisis reduced oil prices and quelled appetite for riskier assets, while demand for the Russian currency to pay local taxes declined. The ruble weakened 0.2 percent to 30.39 and 0.5 percent to 39.99 against the euro as of 11.41 a.m Mon, 30 Jan 2012 13:45:00 GMT BusinessWeek
