Archives of Forex news articles are HERE.
$10
bn SPV planned out of forex kitty (The Economic
Times)
NEW DELHI: The finance ministry is considering a
proposal to use part of India?s $177-billion Forex
reserves for infrastructure projects, by floating
a special purpose vehicle (SPV) called India Investment
Corporation (IIC) with a corpus of $10 billion.
FOREX-Dollar
near 4-year highs vs yen, down vs euro (Reuters
via Yahoo! Asia News)
NEW YORK, Jan 18 (Reuters) - The dollar rose to
nearly a four-year peak against the yen on Thursday,
buoyed by a raft of generally strong U.S. economic
data and a decision by the Bank of Japan to keep
interest rates steady.
Forex
- US dollar, euro easier vs yen in Singapore afternoon
trade (The Forex Market)
SINGAPORE (XFN-ASIA) - The dollar and the euro were
both softer against the yen in afternoon trading
here, but look poised to make further headway against
the Japanese currency in the near term, dealers
said.
CNBC
Arabiya, the Official Broadcaster for The Middle
East Forex Trading Expo (AME Info)
It is announced today that CNBC Arabiya has signed
the deal to be the Official Broadcaster for The
Middle East Forex Trading Expo on 1-2 March 2007
at the Dusit Dubai Hotel.
Forex
reflects economic fundamentals: Omi says (Kyodo
via Yahoo! Asia News)
_ Finance Minister Koji Omi indicated Friday he
sees no problem with the yen's depreciation against
the U.S. dollar after the Bank of Japan's decision
Thursday to keep interest rates unchanged.
Uganda:
Forex Suspended (AllAfrica.com)
THE Bank of Uganda (BoU) has suspended the operational
license of Salabed Forex Bureau Ltd for engaging
in unlicensed money transfer business.
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