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Archive for October, 2008

FOREX: Ringgit Likely To Trade On Downside Against US Dollar Next Week
Bernama, Malaysia – 21 hours ago
KUALA LUMPUR, Nov 1 (Bernama) — The ringgit is likely to trade on the downside against the US dollar as the greenback maintains its attractiveness on the

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Sify
Strong $ shrinks forex kitty by $15.5 billion in a week
Economic Times, India – 58 minutes ago
Forex reserves have been falling for over a month now as foreign portfolio investors sold huge amount of stocks, forcing the central bank to sell dollars to
Tight liquidity comes to haunt banks again Indian Express
$50-billion debt shadow over rupee Sify
Slice of forex reserves for liquidity-hit banks Economic Times
Economic Times – Indian Express
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Forex stock down to $2.7B in September
Inquirer.net, Philippines – 36 minutes ago
The foreign exchange stock of the central bank, Bangko Sentral ng Pilipinas (BSP), stock outside of its official foreign reserves dwindled by $870 million
BSP also eases forex rules Manila Standard Today
Govt eases asset cover requirements for forex deposits GMA news.tv
all 9 news articles

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Maktoob Business (press release)
FOREX-Dollar records biggest monthly gain in 17 years
Reuters – 57 minutes ago
By Wanfeng Zhou NEW YORK, Oct 31 (Reuters) – The US dollar recorded its biggest monthly gain against a basket of currencies in more than 17 years on Friday,
US dollar slides as global optimism rises guardian.co.uk
US dollar makes comeback, 'bucking' world downturn International Herald Tribune
FOREX-Yen holds firm, euro hits 2-1/2 yr low vs dollar Forbes
Reuters – Reuters
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Goldcorp profit up on forex gain, but core falls
Forbes, NY – 1 hour ago
By Cameron French TORONTO(Reuters) – Goldcorp (nyse: GG – news – people )'s third-quarter profit nearly quadrupled on a non-cash foreign exchange gain,

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Hindu Business Line
US ban, forex losses land Ranbaxy in Rs 394-crore loss
Economic Times, India – 1 hour ago
NEW DELHI: Hit by forex loss and the recent ban of its drugs in the US, Ranbaxy Laboratories turned in one of its worst performances ever registering a loss
India's Ranbaxy posts Q3 loss as forex hurts Reuters
Ranbaxy posts Rs 395cr loss in third quarter Times of India
Ranbaxy incurs Rs.49 million loss in third quarter (Lead) Thaindian.com
Forbes – Business Standard
all 32 news articles

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Firm in the red on forex loss, compensation
Business Standard, India – 2 hours ago
Suzlon Energy, one of the top five wind turbine manufacturer in the world, reported second quarter loss on forex volatility and compensation to clients for

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Forex loss hits Tata Motors net
Hindu Business Line, India – 1 hour ago
Mumbai, Oct. 31 A foreign exchange loss of Rs 285 crore dented auto-major Tata Motors’s profits, down 34 per cent at Rs 347 crore for the June-September

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Forex reserves fall $15.5 b
Hindu Business Line, India – 1 hour ago
The forex kitty has been depleting for the last few months with foreign institutional investors resorting to heavy selling in the equity market and the RBI
India's forex reserves shrinks by whopping $15 bn Economic Times
Forex reserves plunge by USD 15471 mn Myiris.com
all 7 news articles

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FOREX-Dollar rises, on pace for best month in 17 years
Forbes, NY – 10 minutes ago
Keywords: MARKETS FOREX Currency bid prices at 11:55 am EDT (1555 GMT). All data taken from Reuters calculated from levels in the previous New York session.

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