The South Korean won rose against the dollar on Monday as the greenback broadly fell after a G20 finance ministers’ weekend agreement and heavy buying on the local stock market by foreign investors.
Posted on 25 October 2010.
The South Korean won rose against the dollar on Monday as the greenback broadly fell after a G20 finance ministers’ weekend agreement and heavy buying on the local stock market by foreign investors.
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Posted on 25 October 2010.
The Swiss franc dropped to its lowest in nearly 11 weeks against the euro on Monday, with European bourses set for a rally thanks to an uptick in risk appetite.
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Posted on 25 October 2010.
South Africa’s rand was stronger against the dollar on Monday, in line with gains by other emerging market currencies.
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Posted on 25 October 2010.
The dollar slid broadly on Monday as investors interpreted a Group of 20 agreement to shun competitive currency devaluations as a green light to resume dollar selling.
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Posted on 25 October 2010.
Forex dealers said besides dollar’s losses against other major currencies, fresh capital inflows into equities by foreign funds kept the rupee sentiment firm.
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Posted on 25 October 2010.
The Indian rupee gained in early trade on Monday boosted by broad weakness in the dollar versus majors and a mild rise in shares.
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Posted on 25 October 2010.
The US dollar slipped and looked likely to stay under pressure in Asia asafter the G20 major economies agreed to shun competitive currency devaluations.
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Posted on 25 October 2010.
India, mindful of its import dependency, is unlikely to join the global rhetoric urging China to let its currency appreciate.
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Posted on 23 October 2010.
Rupee declined on speculation that importers were buying dollars to meet month-end oil payments and to take advantage of a slump in gold prices.
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Posted on 22 October 2010.
The rupee on Friday snapped a seven-week rally and posted its biggest daily loss in a month-and-a-half as traders positioned for dollar outflows post the country’s largest initial public offer allocation.
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