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May 12, 2006

Rupee slips after opening higher

Filed under: News — Tony Spann @ 7:25 pm

Rupee slips after opening higher
Economic Times, India - 18 hours ago slightly from two-week lows hit in the previous session and opened the session higher at 45/45.02 as the dollar sank against major currencies after lower-than

Currencies continue rally
DCErates.com, Canada - 7 hours ago The US dollar continues to fall against major currencies with the euro coming close to the psychological $1.30 level in early trade.

Dollar Trading Down Against Other Major Currencies
Trading Markets, CA - 12 hours ago (RTTNews) – The dollar is down against the other major currencies Friday. In early New York trading, the greenback hit new 1-year

US dollar takes a pounding over deficit
MSNBC - 5 hours ago The US dollar suffered a severe sell-off on Friday, taking it to its weakest level against a trade-weighted basket of currencies since October 1997, as fears

More investors snap up debt in local currencies
Pittsburgh Post Gazette, PA - May 10, 2006 a potentially risky approach to investing in developing countries: They're snapping up debt that pays back interest and principal in currencies like Mexican

Triggers speculation about other Gulf currencies
Khaleej Times, United Arab Emirates - 19 hours ago A deliberate upward adjustment in the official exchange rate of pegged currencies are unusual in the Gulf region. However, in

Banks demand for foreign currencies low
VietNamNet Bridge, Vietnam - 21 hours ago VietNamNet The State Bank of Vietnam (SBV) on May 10 began selling foreign currencies to commercial banks needing dollars to meet enterprise payment demands

Currencies: Hints of half-point rise by ECB push euro higher
International Herald Tribune, France - 19 hours ago dollar since finance ministers and central bankers from the Group of Seven nations last month called on Asian nations to allow their currencies to appreciate

Kuwait's revaluation move aimed at maintaining stability
Gulf News, United Arab Emirates - 2 hours ago dinar had been revalued for the first time since January 2005 to allow a one per cent appreciation against the dollar, to which all Gulf currencies have been

Emerging-Market Bonds, Stocks, Currencies Decline on US Rates
Bloomberg - 4 hours ago May 12 (Bloomberg) — Emerging-market bonds, stocks and currencies tumbled as quickening US inflation drives up bond yields in the world's biggest economy

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