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By Naomi Tajitsu LONDON, Nov 19 (Reuters) - The yen strengthened broadly while the dollar steadied on Wednesday as deepening unease about the world economy put stock markets back under downward pressure. Growing concern over the U.S. auto industry ...
Read moreNEW DELHI: Companies may soon be forced to reveal losses from foreign exchange fluctuations in their financial results as the government is likely to take away an accounting loophole that has till now enabled some of them not to show such losses in ...
Read moreCopyright Thomson Financial News Limited 2008. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of ...
Read moreMumbai, Nov 17 Banks and housing finance companies have started acting on the series of measures announced by the Reserve Bank on Saturday. While major banks have hiked their forex deposit rates, housing finance companies (HFCs) are readying plans to ...
Read moreWal-Mart Stores Inc.'s (WMT) performance in international markets is solid despite headwinds from fluctuating exchange rates, Chief Executive and President Lee Scott said Thursday. He and other company executives said during a pre-recorded earnings ...
Read moreThe China Foreign Exchange Trade System published the following official central parity rates for major currencies against the yuan Thursday: Thursday Wednesday USD/CNY 6.8307 6.8293 HKD/CNY 0.88136 0.88118 JPY/CNY (per 100 yen) 7.1276 7.0748 EUR/CNY ...
Read moreNov 13, 2008 (LBO) – Sri Lanka's state-run Ceylon Petroleum Corporation hedged its imports after being pushed by the island's central bank in a bid to save foreign currency reserves of the country, a top official said. CPC started hedging in early ...
Read moreexpects cash costs for the fourth quarter to fall below the forecast level of $460 per ounce due to the weaker rand currency. "If existing exchange rates hold, we could see them at $420 to $430," Chief Executive Mark Cutifani told the RBC gold ...
Read moreNov 19 - Dollar Future Depends On Rates And Growth Beyond December Nov 19 - 400+ Point Dow Jones Loss Sends US Dollar, Japanese Yen Higher - Watch for Further Losses Nov 19 - U.S. Consumer Prices Fall Most On Record Sending Dollar Lower Nov 18 - US ...
Read moreMumbai: Expect the markets to take the Reserve Bank of India’s (RBI) persuasive moves on Saturday to direct lending to real estate sector with a pound of salt. The simple point being, when current loans are under distress, why will banks lend more ...
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