March 2007
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LONDON, March 30 (newratings.com) – Analysts at Alfa Bank say that the increase in Russia’s forex reserves in the four weeks to March 23 is a onetime phenomenon, and is unlikely to be repeated.
Written by admin on March 30th, 2007 with no comments.
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LONDON (AFX) - The dollar turned lower in a sudden reversal of fortunes late in the European session, as a jittery market reacted to speculation of rising tensions in the Middle East.
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Carnival Corp. , the world's largest cruise operator, said earnings this year may be lower than expected because of higher fuel costs and unfavorable exchange rates.
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Carnival Corp. , the world's largest cruise operator, said earnings this year may be lower than expected because of higher fuel costs and unfavorable exchange rates.
Written by admin on March 30th, 2007 with no comments.
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LONDON (AFX) - The dollar continued its slow drift higher, finding support from a set of strong US data including a pick-up in a key measure of inflation and consumer spending, signalling that the Fed is right to remain concerned about inflation.
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Brian Dolan, head of currency research at Forex.com, said the U.S. core PCE figure suggests that inflation is still a concern and that the Federal Reserve and Chairman Ben Bernanke were correct in pointing that out recently.
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PRAGUE (Dow Jones)--The Slovak central bank's foreign exchange reserves rose in the week to March 28 to $16.59 billion from $14.77 billion a week earlier, the bank said Friday.
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LONDON (AFX) - The dollar drifted modestly higher after further confirmation overnight that the Fed remains concerned about inflationary pressures.
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Written by admin on March 30th, 2007 with no comments.
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Written by admin on March 30th, 2007 with no comments.
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