Archives for July 2007

PK – news – people ) left its base rate on hold at 4. The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News. The content on this site, including news, quotes, data and other information, is provided by AFX News and its third party content providers for your personal information only, and neither AFX News nor its third party content providers shall be liable for any errors, inaccuracies or delays in content, or for any actions taken in reliance thereon. Sitemap Help Contact Us Investment Newsletters Forbes Conferences Forbes Magazines Forbes Autos Ad Information Forbes. read more

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Forex – Dollar firms after on stronger-than expected service sector report – Forbes. The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News. Neither the Subscriber nor AFX News warrants the completeness or accuracy of the Service or the suitability of the Service as a trading aid and neither accepts any liability for losses howsoever incurred. The content on this site, including news, quotes, data and other information, is provided by AFX News and its third party content providers for your personal information only, and neither AFX News nor its third party content providers shall be liable for any errors, inaccuracies or delays in content, or for any actions taken in reliance thereon. Sitemap Help Contact Us Investment Newsletters Forbes Conferences Forbes Magazines Forbes Autos Ad Information Forbes. read more

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Forex – US dollar softer in thin trade on lack of leads amid US holiday – Forbes. SYDNEY (Thomson Financial) – The US dollar was lower against the yen and euro in midafternoon trade here Wednesday, with few leads in sight to spur activity and trades remaining thin given the July 4 holiday in the US. Data releases which may influence the currency market later tonight include the June euro zone and UK purchasing manager surveys (PMIs) for services, as well as the euro zone retail sales for May and the latest Bank of England mortgage equity report. The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News. The content on this site, including news, quotes, data and other information, is provided by AFX News and its third party content providers for your personal information only, and neither AFX News nor its third party content providers shall be liable for any errors, inaccuracies or delays in content, or for any actions taken in reliance thereon. Sitemap Help Contact Us Investment Newsletters Forbes Conferences Forbes Magazines Forbes Autos Ad Information Forbes. read more

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FRANKFURT (Thomson Financial) – European Central Bank board member Lorenzo Bini Smaghi said the ECB can act ‘promptly’ when it needs to intervene in foreign exchange markets. Bini Smaghi said the intervention of autumn 2000 was undertaken under the responsibility of the ECB, but the statement which accompanied the intervention was agreed with the euro group of euro zone finance ministers. But he said there have been occasions when euro zone finance ministers have shown insufficient discipline in their statements on exchange rates, particularly when a euro zone position is being worked out ahead of G7 or IMF meetings. The content on this site, including news, quotes, data and other information, is provided by AFX News and its third party content providers for your personal information only, and neither AFX News nor its third party content providers shall be liable for any errors, inaccuracies or delays in content, or for any actions taken in reliance thereon. read more

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BEIJING, June 29 (Xinhua) — China’s legislature on Friday authorized the Ministry of Finance (MOF) to issue 1. The motion was adopted at the ongoing 28th session of the Standing Committee of the National People’s Congress. At the same time, a “central finance forex management fund” will be established to examine the revenue and expenditure of the special treasury bonds and forex assets, said the motion. Launching a forex investment company would decrease China’s forex reserves while increasing its operating profits, said the official. After adopting labor contract law and the amendment to the income tax law and approving a couple of motions and bills, the six-day session of the Standing Committee of the National People’s Congress concluded on Friday. read more

[Tags]forex, bonds, chinas, motion, treasury, 1, forex news[/Tags]