Markets - FXMM
Friday, 17 May 2013 17:16
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MUMBAI: India's foreign exchange reserves fell to $293.69 billion as of May 10, from $294.31 billion in the previous week, the central bank said on Friday.Changes in foreign currency assets, expressed in dollar terms, include the effect of appreciation or depreciation of other currencies held in its reserves, the Reserve Bank of India said in its weekly statistical supplement.Foreign exchange reserves include India's Reserve Tranche position in the International Monetary Fund (IMF).Copyright Reuters, 2013
TOKYO: The dollar gained slightly in Asia on Friday as investors cautiously adjusted their positions following the unit's recent surge.The US currency was at 102.27 yen in early Asian trade against 102.22 yen in New York late Thursday.The euro bought $1.2868 and 131.57 yen against $1.2886 and 131.72 yen in US trade.In early Tokyo trade, the dollar briefly fell near the 102-yen mark but had rebounded by late morning.Support for the dollar was firm as ...
SYDNEY/WELLINGTON: The Australian and New Zealand dollars were near multi-month lows on Friday after being battered by the clearest hint yet that the US Federal Reserve's loose money policies could start coming to an end late in the year.The Australian dollar lower at $0.9820 from $0.9900 late on Thursday, having touched a fresh 11-month low of $0.9796. It has fallen more than 5 percent so far this month.Little support seen before the June trough of ...
NEW YORK: The US dollar dropped against the euro and Japanese yen on Thursday as a deluge of data highlighted vulnerabilities in the US economy and curbed expectations the Federal Reserve will scale back its bond-buying program any time soon.The dollar snapped a five-day advance against the euro after data showed the number of Americans filing new claims for unemployment benefits climbed last week to the fastest pace in six months, raising concerns about government ...
TORONTO: The Canadian dollar lost steam against its US counterpart on Thursday after a top Federal Reserve official said a good outlook on jobs meant the US central bank might scale back on its monetary easing as early as this summer.The comments provoked a strong reaction in currency and bond markets, with 10-year US Treasuries bouncing higher and the greenback gaining against most major currencies and particularly those tied to commodity-based economies.The Canadian dollar's slip ...More Articles...
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