May 12th, 2008
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MOST landlords in Bulawayo's western suburbs are charging their tenants in South African Rand and Botswana Pula, citing the depreciation of the local currency whose value continues to tumble against major currencies.
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SEOUL, May 13 - South Korea's financial authorities have suspended the foreign exchange business of State Street Corp's local branch, the institutional asset manager said.
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TOKYO (Thomson Financial) - The dollar was trading in narrow ranges against major currencies in late morning session in Tokyo on Monday, with investors hesitant to take fresh positions ahead of a series of data this week that could provide further clues on the magnitude of a U.S. economic slowdown.
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TOKYO (Thomson Financial) - The dollar was trading in narrow ranges against major currencies in late morning session in Tokyo on Monday, with investors hesitant to take fresh positions ahead of a series of data this week that could provide further clues on the magnitude of a U.S. economic slowdown.
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KUALA LUMPUR, May 13 (Bernama) -- The ringgit was steadier against the U.S. dollar in early trading today following the rally on regional and global stock markets, a dealer said.
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GBP rallies on the back of sturdy PPI, ahead of Retail Sales and CPI figures today
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SEOUL -(Dow Jones)- South Korea's vice finance minister said Tuesday the government favors a foreign exchange market open to both sides.
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Philippine National Oil Co.-Energy Development Corp. (EDC) said its first-quarter profit dipped due to higher foreign exchange losses.
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· Strong than expected UK PPI leads GBP/USD higher, sets stage for hot UK CPI figures on Tuesday. · The US dollar faces heavy event risk on US Advance Retail Sales - will gas prices inflate this index once again?
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