Tuesday, February 21st, 2012 at
6:59 pm
“However, as a rule, an economy with consistent higher inflation stands the risk of a weak currency , which raises concern for the naira.” The Central Bank of Nigeria offers dollars at twice-weekly auctions and interbank trading to maintain exchange … See all stories on this topic »
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Nigeria Naira Climbs as Dollar Sales Outweigh Inflation Concern
Tuesday, February 21st, 2012 at
12:15 am
“In the medium term we do know the Chinese central bank and other Asian central banks with large foreign exchange reserves have been increasing their holdings of gold,” as Marcus Grubb of the World Gold Council told the Financial Times. See all stories on this topic »
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China's "Mystery" Gold Buyer
Tuesday, February 21st, 2012 at
12:15 am
“In the medium term we do know the Chinese central bank and other Asian central banks with large foreign exchange reserves have been increasing their holdings of gold,” as Marcus Grubb of the World Gold Council told the Financial Times. See all stories on this topic »
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China's "Mystery" Gold Buyer
Monday, February 20th, 2012 at
8:03 pm
Nigeria sold $145.3 million at a foreign – currency auction today, less than $250 million on offer, the Abuja-based Central Bank of Nigeria said in an e-mailed statement. The marginal rate, which is also used as the prevailing exchange rate strengthened … See all stories on this topic »
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Nigeria's Naira Advances to Three-Month High on Dollar Sales
Monday, February 20th, 2012 at
5:31 pm
By Clare Connaghan Of A nervy but buoyant tone prevailed in European trading hours Monday with the euro moving higher against the dollar after Germany's central bank provided an upbeat assessment on the outlook for its economy, and expectations rose … See all stories on this topic »
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WORLD FOREX : Upbeat German Outlook Boosts Euro
Monday, February 20th, 2012 at
3:06 pm
KITTS – The Eastern Caribbean Central Bank (ECCB) has examined the three pillars – exchange rate, fiscal stability and financial sector stability of the Eastern Caribbean Currency Union (ECCU), which inform the analysis of money and credit conditions. See all stories on this topic »
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Exchange rate still a source of strength
Monday, February 20th, 2012 at
9:01 am
The People's Bank of China (PBOC) announced over the weekend its decision to ease monetary policy in an effort to increase liquidity and stimulate growth in the world's second largest economy. The Chinese central bank reduced the ratio of funds banks … See all stories on this topic » Trading Point
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Forex News – China eases monetary policy to stimulate growth
Monday, February 20th, 2012 at
5:29 am
“The market is probably expecting more easing” from China's central bank, said Mike Jones, a foreign – exchange strategist at Bank of New Zealand in Wellington. “If we do get the Greek deal on top of that, it's likely to provide an additional risk kicker … See all stories on this topic »
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Yen, Dollar Drop Versus Major Peers on China Easing, Progress on Greek Aid
Monday, February 20th, 2012 at
4:26 am
Easy Forex currency dealer Tony Darvall said the Australian dollar had a strong rise after the decision by the Chinese central bank to lower the ratio of funds that commercial banks must hold as reserves. The cut, which will free up more money for … See all stories on this topic »
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$A rises as global optimism improves
Sunday, February 19th, 2012 at
11:57 pm
Fischer, who is serving his second term as governor, began buying foreign currency in 2008 after the shekel reached a 12-year high. That more than doubled the central bank's reserves in an effort to help exports, which are equal to 40 percent of gross … See all stories on this topic »
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Israel Safest as Investors Discount War Threat
