May 2008
You are currently browsing the articles from Forex News written in the month of May 2008.
: In-dia’s foreign exchange reserves rose to a record $316.171 billion, up $2.09 billion, for the week ended May 23, from $314.081 billion in the previous week.
Written by admin on May 31st, 2008 with no comments.
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PHARMACEUTICALS Orchid net down on forex losses Orchid Chemicals and Pharmaceuticals has reported a 33 per cent decrease in net profit for the fourth quarter ended March 2008 due to exchange losses on outstanding FCCBs. The exchange loss on outstanding FCCBs was Rs 7.77 crore. At the board ...
Written by admin on May 31st, 2008 with no comments.
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In a move that may take some sheen off derivative deals, the Reserve Bank of India (RBI) today proposed to increase the provisioning requirements for banks for off-balance sheet items such as forex and interest-rate derivatives and gold trading.
Written by admin on May 31st, 2008 with no comments.
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In a move that may take some sheen off derivative deals, the Reserve Bank of India (RBI) today proposed to increase the provisioning requirements for banks for off-balance sheet items such as forex and interest-rate derivatives and gold trading.
Written by admin on May 30th, 2008 with no comments.
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KUALA LUMPUR, May 31 (Bernama) -- The ringgit is expected to weaken against the U.S. dollar next week on renewed sentiments towards the greenback following encouraging news of recovery in the U.S economy, said dealers.
Written by admin on May 30th, 2008 with no comments.
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India's foreign-exchange reserves rose $2.09 billion to a record $316.2 billion in the week ended May 23, the central bank said.
Written by admin on May 30th, 2008 with no comments.
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For today, in contracts.
Written by admin on May 30th, 2008 with no comments.
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In a move that may take some sheen off derivative deals, the Reserve Bank of India on Friday proposed to increase the provisioning requirements for banks for off-balance sheet items such as forex and interest-rate derivatives and gold trading. Higher provisioning will make bankers cautious while hawking derivatives, which have been the source of growing controversy between some banks and ...
Written by admin on May 30th, 2008 with no comments.
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The chief forex dealer at a private bank said that the increase in the reserves could have been a revaluation effect since there has not been much of capital flows during the week in question.
Written by admin on May 30th, 2008 with no comments.
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Written by admin on May 30th, 2008 with no comments.
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