Business & Finance (Times of Malta)
Daily currency report - Commercial Foreign Exchange Travelex Malta, freephone: 800 733 22, www.travelex.com/mt/ Falling equity markets, record high oil prices and geopolitical tensions combined with high inflation and weak growth figures hurt sentiment…
Seoul warns of currency intervention (Asia News Network)
The South Korean Finance Ministry and the Bank of Korea said yesterday (July 7) they would intervene in the foreign exchange market to strengthen its currency and curb inflation if there was excessive movement in the won. Foreign reserves will also be used if necessary, they said.
Foreign exchange reserves hit $36.7b (Manila Standard Today)
Dollars, gold and other foreign currencies held by the central bank rose to a fresh record of $36.7 billion at the end of June on the back of a huge deposit of proceeds from the privatization of a power plant, the Bangko Sentral ng Pilipinas said yesterday.
State Bank says successful in easing monetary fears (Vietnam Net)
VietNamNet Bridge - Interest rates and foreign-currency exchange-rate concerns in the market have been eased thanks to a series of measures taken by the State Bank of Viet Nam to stabilise the country’s monetary market.
S.Korea to keep taking steps in FX market - c.bank (Reuters via Yahoo! Philippines News)
SEOUL, July 8 (Reuters) - South Korea will continue to take stern measures in the currency market until expectations for a fall in the won end, a foreign exchange official at the central bank said on Tuesday.
5 Key Events for the Forex Market This Week 07.07.08 (Daily FX via Yahoo! Finance)
The foreign exchange market was action packed last week. However this week the economic calendar is light. There are only a few event risks, most of which will probably be a nonevent for the currency market.
South Korea Fires Vice Minister in Charge of Currency (Update2) (Bloomberg.com)
July 7 (Bloomberg) — South Korean President Lee Myung Bak dismissed Vice Finance Minister Choi Joong Kyung , who was in charge of the government’s foreign-exchange policy, following the won’s 10.5 percent decline this year.
2000 bank outlets in Beijing can exchange currency (People’s Daily)
As of the end of June, there are over 2000 bank outlets in Beijing that are qualified to exchange foreign currencies. Of these, 295 are located in the areas near Olympic Games events and are fully qualified and equipped to exchange foreign …
Fitch Affirms Hong Kong’s Long-Term Foreign, Local Currency IDR At ‘AA’ (Nasdaq)
(RTTNews) - Fitch Ratings has affirmed the Long-term foreign and local currency Issuer Default Ratings, or IDRs, of the Hong Kong Special Administrative Region at ‘AA’. The rating agency also affirmed People’s Republic of China at ‘AA+’. The outlook on the ratings remained stable.
Bank of Korea, Government to Take Steps to Stem Currency’s Drop (Bloomberg.com)
July 7 (Bloomberg) — South Korea’s central bank and government will take steps to stem the won’s decline, including stabilizing the market by using foreign-exchange reserves when necessary.
SAN FRANCISCO (Business Wire EON) February 25, 2008 — “Wells Fargo’s Foreign Exchange Online service combines the advantages of Wells Fargo’s competitive foreign exchange rates…
Easy-Forex Takes a Look at this Week’s Major News
Limassol, Cyprus (PRWEB) January 15, 2008 — Easy-Forex looks at some of the key indicators out this week likely to impact the currency market. In the United States a heavy data week is scheduled…
ForexCult Group Has Launched ForexCult.com
Trading Currency with Foreign Exchange Firm X Corporation Now Includes Exclusive Client Benefits
St. Thomas, Virgin Islands (PRWEB) December 5, 2007 — X Corporation, a www.xcorporationonline.com [foreign exchange] brokerage firm, announced exclusive Client Benefits for signing up to trade…
Foreign Exchange Traders Announce the Launch of a New Forex Trading Website
(PRWeb) April 7, 2007 — Fxinfo.com announced yesterday the launch of their new website, which contains an array of features and trading tools for foreign currency traders. The site offers precise…
Foreign Exchange Expert Reveals Strategies, Guidelines for Making Most of New Economic Structure
Lawrenceburg, IN (PRWeb) December 2, 2006 — Financial changes have allowed some multinational companies to organize and operate their treasuries like in-house banks. To help other companies…
Exchange Rate Transparency by Crown Currency Exchange Helps Brits Buying Property Abroad
(PRWEB) June 29, 2006 — Many countries such as France and Spain never lose their appeal for second home owners, or for those looking to retire in the sun. However, there are several other countries…
Exchange Rate Forecast: Theory, Reality and Effect
(PRWEB) May 30, 2006 — Have you been trying to time your foreign exchange transactions to minimize your financial loss in this ever-fluctuating currency market? Many factors have an effect on the…
MoneyFOREX.com Launched New Trading Instruments; CFDs, Commodities, Indices and Forex Currency
New York, NY (PRWEB) May 3, 2006 — MoneyForex Financial Ltd.(www.MoneyForex.com) is one of the world leading online currency forex trading broker and market maker launched CFDs and indices as the…
Crown Currency Exchange Identifies A Gap In The Foreign Exchange Market
(PRWEB) May 2, 2006 — Crown Currency Exchange is a relatively new forward thinking company, which has joined the ranks of the foreign exchange specialists. It has identified a gap in the foreign…
Leeds, UK (PRWEB) March 10, 2006 — France is one of the most popular European countries for holiday and retirement homes. With so many foreign owners of properties in France requiring financial,…
(PRWEB) February 28, 2006 — Axel Merk, manager of the Merk Hard Currency Fund, is invited by the Association of Chinese Finance Professionals (ACFP) to discuss the future of the dollar in the…
London, UK (PRWEB) February 11, 2006 — OnlineFX, is pleased to announce the release of its in depth‘currency guide’. The guide is designed first and foremost as an information gateway to help…
Foreign Currency Exchange and E-Currency Markets
Houston, TX (PRWEB) January 2, 2006 — The foreign currency market also called “Forex” or “FX” has a daily average turnover of $1.9 trillion dollars (US dollars) and is the…
Central Bank Strong on Currency Stability - 코리아타임즈
ì½” 리아타임즈 Central Bank Strong on Currency Stability 코리아타임즈, South Korea - 22 hours ago “We are concerned about the currency market being skewed in one direction, and we will keep a closer watch on the movement of the foreign exchange rate,” …
