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  • Czech PM proposes central bank chief for EC job 8 Nov 2009 16:54 GMT
    ... in February 2011. The bank has kept inflation low and interest rates low and the ... Hampl, both oppose quick adoption of the euro. The Czechs have no target date for ... target date for joining the EU's single currency. EU Commission President Jose Manuel Barroso has won a ...

  • Foreign currency reserves up $1.2b 8 Nov 2009 09:57 GMT
    ... transfers overseas. today reported that its foreign currency reserves rose by an additional $1.23 billion ... report on its foreign currency reserves. The central bank today said that it bought $1.27 billion ... 0.4% against both the dollar and the euro during October. Published by Globes [online], Israel ...

  • Sakana participates in First Euro - Arab Real Estate Conference in Barcelona 8 Nov 2009 12:50 GMT
    ... About Sakana Holistic Housing Solutions: Sakana Holistic Housing Solutions ... up capital of BD20m, regulated by the Central Bank of Bahrain and is a 50:50 joint venture ...

  • Weekly FX roundup: Dollar drops as stocks climb 8 Nov 2009 09:31 GMT
    ... not the economic data releases, but the central bank meetings in four major regions, Australia, Euro Zone, UK, and US. Starting with the ... an 'extended period' of time. All major currencies jumped against the dollar to their highest ...

  • Greenback downtrend resumes 8 Nov 2009 13:57 GMT
    ... last week against most of the major currencies, as declining risk aversion drove the greenback ... before closing at 1.6616 on Friday. The Euro had a similar performance and traded as ... loss of 263,000 in September. The European Central Bank left the main refinancing rate unchanged at ...

  • Dubai Gold and Commodities Exchange Weekly Market Views - November 8, 2009 8 Nov 2009 15:31 GMT
    ... DEUR (US $ quoted in cents per Euro) The euro may trade in a similar ... and $1.50. There was a surge in currency volatility last week as several major central ... their monetary policy meetings, including the European Central Bank (ECB). The ECB left its main interest ...

  • Is the Dollar Dying a Slow Death? 8 Nov 2009 04:30 GMT
    ... escalating government debt has made the dollar currency non grata in many quarters once again. ... a basket of major currencies, including the euro and yen, has fallen about 15% from ... 200 metric tons of gold to India's central bank for $6.7 billion. News of the purchase ...

  • Fragile recovery is more in the air than in the economy so far 8 Nov 2009 20:30 GMT
    ... meeting of the G20 finance ministers and central bank governors in Scotland was not quite the ... nothing has been done to reform the currency regime. Bizarrely, with the Chinese renminbi managed ... many of the world's currencies, including the euro and the pound. It remains to be ...

  • Dollar falls before US jobs data 8 Nov 2009 11:36 GMT
    ... LONDON - The dollar fell against the euro and yen on Friday as market players ... New York on Thursday. Against the Japanese currency, the dollar fell to 90.50 yen from ... rate decisions from the Federal Reserve, European Central Bank and Bank of England. The BoE on ...

  • Brown urges G-20 nations to maintain stimulus measures 8 Nov 2009 02:41 GMT
    ... US Treasury Secretary Timothy Geithner and European Central Bank President Jean-Claude Trichet release a statement after ... European and Japanese officials to let its currency appreciate. Zhou said in an interview yesterday ... policy makers’ moves to talk down the euro currency, saying on Oct. 21 that “the ...

  • Gold surge to record fuelled by US jobs data 8 Nov 2009 11:36 GMT
    ... find residual support from the prospect of central bank buying of gold to diversify their reserves. ... turned positive the greenback fell against the euro and a basket of currencies. A weaker US dollar makes commodities cheaper ...

  • G-20 officials to wrestle over economic imbalances 8 Nov 2009 04:30 GMT
    ... all recorded renewed growth and the 16-country euro zone is expected to do the same ... supporting the world economy. And the European Central Bank broadly hinted Thursday that it will soon ... certainly be discussed to some degree, the currency issue is not on the formal agenda. ...

  • U.S. Dollar picks up at end of week amid rising unemployment 8 Nov 2009 05:40 GMT
    ... sentiment remains the main driving force in currency trading, the dollar tends to fall against the euro and other higher-yielding currencies on positive economic ... 0.25 percent, in line with expectations. The central bank said that current economic conditions are likely ...

  • G-20 officials look for global growth 8 Nov 2009 04:34 GMT
    ... all recorded renewed growth and the 16-country euro zone is expected to do the same ... supporting the world economy. And the European Central Bank broadly hinted Thursday that it will soon ... certainly be discussed to some degree, the currency issue is not on the formal agenda. ...

  • Dollar choppy after unemployment tops 10 percent 8 Nov 2009 04:35 GMT
    ... time. Higher interest rates can support a currency as investors transfer funds in search of better returns. ... search of better returns. On Thursday, the ECB and BoE maintained their rates at 1 ... of unemployment since April 1983. The 16-nation euro had weakened to $1.4811 in the 20 ...


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