Archives for June 2008

SWIFT (Society for World-wide Interbank Financial Communication), a financial messaging network, is widely used by banks for forex transactions. Those banks, which are not willing to upgrade their technology, would be barred from operating in forex. BKE is the protocol to be established between banks that wish to exchange financial transaction messages with each other. Other Indian banks, which are a part of forex, are also in the process of upgrading the technology. Industry experts point out that the total cost of upgradation world-wide could run in to millions but the banks will earn billions through forex transaction. read more

[Tags]banks, financial, forex, story, swift, technology, forex news[/Tags]

LONDON (Thomson Financial) – Major currencies stayed range bound with all eyes now looking to the day’s key U. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News. Neither the Subscriber nor Thomson Financial 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 Thomson Financial News and its third party content providers for your personal information only, and neither Thomson Financial 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

[Tags]financial, news, thomson, content, data, u, forex news[/Tags]

You and your family can break down cultural barriers by hosting a foreign exchange student in your home. Volunteering to host an international student for an academic year or semester provides a rewarding experience for your entire family. Children of all ages benefit from bonding with a student from another country, often learning a new language, developing a global perspective, and making a lifelong friend in the process. This is something that I’ve enjoyed doing for the past 13 years – often having two students in my home at the same time. Posted in the Family & Home interest group. read more

[Tags]family, home, student, , comment, host, forex news[/Tags]