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These daily affirmations will all but cure that issue ... . This could also be used if you were to get in trouble. When the Forex exchange rates are quoted between banks, this is called Interbank Rates. The summer months can be hard on a home business. This type [more...]

Date: 2009-01-05 16:34:06

Blog posts (12) | Videos (9)
 

The pound is suffering its worst slide since Britain was forced off the gold standard in 1931.

By Edmund Conway and Angela Monaghan Last Updated: 12:27PM GMT 19 Dec 2008 Sterling dipped closer to parity against the euro, ... of England. The fall is sharper than the devaluations in 1992, after leaving the Exchange Rate ... that the Bank of England will follow in the Federal Reserve’s footsteps and cut interest rates [more...]

Date: 2008-12-19 15:39:31

10+ survival tips on business travel to Beijing

If you’re going to spend some time working in Beijing, your experience will be much better if you know what to expect and how to prepare ... should be done only as a last resort, because the currency exchange rate there is generally less than ... will not accept a U.S. check to open an account or for currency exchange, and China bank accounts [more...]

Date: 2008-11-21 22:39:58

Stiff Upper Lips and Large Rate Cuts

The positive reaction by the U.K. pound in relation to the euro, after both central banks reduced interest rates overnight, suggests a different outlook among foreign exchange investors. Among the major forex markets ... more,” says Ulrich Leuchtmann, head of forex research at Commerzbank in Frankfurt, Germany [more...]

Date: 2008-11-06 15:51:31

Yuan Completes Record Annual Advance as China Seeks Stability

China’s yuan completed its biggest annual gain since the end of the fixed exchange rate in 2005, ... percent slump in the South Korean won and a 19 percent drop for India’s rupee this year. “Any ... to a Bloomberg survey of 34 analysts. The central bank fixed the yuan’s reference rate stronger [more...]

Date: 2008-12-31 12:42:12

LIBOR Plunges For 17 Consecutive Day

The credit freeze is thawing somewhat as as Dollar Libor Drops 17th Consecutive Day ... Bank Offered Rate (LIBOR). However, since the Chicago Mercantile Exchange dropped the T-bill futures [more...]

Date: 2008-11-04 20:53:00

Angry Jobless Indians, Social Contracts

Allow me to highlight some of the scary stuff below…Indian Exporters May Cut 10 Million Jobs on Recession (Update2) ... and commodity prices slide, the World Bank said on Dec. 9. World trade volumes will probably contract next year by 2.1 percent, hampered by exchange rate volatility and flagging import demand.”Probably [more...]

Date: 2009-01-06 17:00:00

Xchange R8: Freeware currency converter

In these days of economic turmoil its useful to know what the current exchange rate is before going to change money for travel abroad, as it can change dramatically day by day. Xchange R8 is a simple currency converter using live ... of England currency are accessed via the Export Technologies WebService and the Bank of Romania [more...]

Date: 2008-09-19 12:30:28

Sterling continues to gain, forecast gloomy

Profit WarningsAccording to a study by Ernst & Young The number of profit warnings by UK-listed companies hit a seven-year high in 2008 ... , warnings by firms on the London Stock Exchange increased by 17% compared to the previous year. Indeed ... of 2.9% against the previous month. Although the Bank of England cut rates to 1.5% on Thursday [more...]

Date: 2009-01-12 08:34:00

HK dollar eases, interbank rates remain soft

The following is a snapshot of the Hong Kong foreign exchange and money markets on Tuesday ... . Another dealer at a European bank attributed the fall in part to the U.S. dollar’s strength ... market in the past few months aimed at keeping the Hong Kong dollar within its pegged trading band [more...]

Date: 2009-01-06 06:47:08

Is Gord benefitting from the recession upsides?

How key a factor is this in current poll ratings? We are told that 27,000 Woolworths staff are set to be losing their jobs in the New Year, ... on the foreign exchange markets and businesses up and down the country struggle with their banks ... the cost of a litre of diesel is now below the £1 mark, mortgage rates are at their lowest [more...]

Date: 2008-12-18 19:32:35

HK dollar inches lower, interbank rates ease

The following is a snapshot of the Hong Kong foreign exchange and money markets on Monday ... on Monday following the HKMA interventions aimed at keeping the Hong Kong dollar within its pegged trading ... in the longer-dated contracts, said a dealer at a Europea bank. MARKET/ECONOMIC NEWS >Stock market reports [more...]

Date: 2009-01-05 06:33:52

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