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Archive for the News Category

20 05 2012

Forex – Weekly outlook: May 21 – 25 – Forex Pros

Posted by: in News

Forex – Weekly outlook: May 21 – 25
Forex Pros
By Forexpros | Forex News | May 20, 2012 09:21AM GMT | Add a Comment Forexpros – The euro turned higher against the US dollar for the first time in six days on Friday, paring some of the week's losses, but the single currency looks likely to remain …

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20 05 2012

Argentina: Black market grows with currency – BusinessWeek

Posted by: in News

Argentina: Black market grows with currency
BusinessWeek
Money change." Those who want to swap pesos for dollars follow him through a run-down mall to a lingerie store. There, amid bras and pantyhose, he closes deals for greenbacks. Argentines have increasingly turned to such black market money changers …

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20 05 2012

Stock market will keep losing money – Adelaide Now

Posted by: in News

BigPond News

Stock market will keep losing money
Adelaide Now
A man uses his cell phone in front of chart with the stock prices at the Greek Stock Exchange in Athens. Picture: AP Source: AP AS Greece's growing cash crisis cripples global markets, local investors are bracing for a sluggish start when the …
Investors globally to focus on GreeceThe National

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19 05 2012

Dinar Trade Streams Live Rates for Iraq Dinar Investors – Seattle Post Intelligencer

Posted by: in News

PR Web

Dinar Trade Streams Live Rates for Iraq Dinar Investors
Seattle Post Intelligencer
Dinar Trade streams live Inter-bank rates for the Iraqi Dinar and other exotic currencies. Dinar Trade, the leading market-maker for the Iraqi Dinar, it is the first Iraqi Dinar dealer to offer inter-bank rates for the dinar (also won, yuan, …
Iraqi Dinar UpdateWealth Daily

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19 05 2012

Eurozone Debt Crisis Part 1: When Mexico was Greece and the US was Germany – Forbes

Posted by: in News

Eurozone Debt Crisis Part 1: When Mexico was Greece and the US was Germany
Forbes
Since a country's exchange rate is related to its interest rates, as rates go up the currency must come down. Since the gap is just too big, it must be devalued deliberately. As the Peso devalues initially by40-60%, and then spirals down further, …
Greece: Show us how it's done!Pravda

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19 05 2012

Russia will not cut share of euro in forex reserves – Reuters

Posted by: in News

Russia will not cut share of euro in forex reserves
Reuters
May 19 (Reuters) – Russian Prime Minister Dmitry Medvedev told leaders of the Group of Eight countries on Saturday that Russia would maintain the proportion of its foreign reserves held in euros. "Russian prime minister noted that we are not going to …

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19 05 2012

All Share Services – Salon

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All Share Services
Salon
Argentines have increasingly turned to such black market money changers since President Cristina Fernandez sharply restricted purchases of dollars in banks and exchange houses to try to keep hard currency from pouring out of the country.

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19 05 2012

Argentina: Black market grows with currency – Seattle Post Intelligencer

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Argentina: Black market grows with currency
Seattle Post Intelligencer
DEBORA REY, AP A woman passes a list of foreign currency exchange rates at an exchange house in Buenos Aires, Argentina, Wednesday, May 16, 2012. The AFIP tax collection agency's recent measure to control and approve every currency exchange operation …

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19 05 2012

Argentina: Black market grows with currency – Palm Beach Post

Posted by: in News

Palm Beach Post

Argentina: Black market grows with currency
Palm Beach Post
A woman passes a list of foreign currency exchange rates at an exchange house in Buenos Aires, Argentina, Wednesday, May 16, 2012. The AFIP tax collection agency's recent measure to control and approve every currency exchange operation in the country …
Argentine Capital Flight Fell To $1.61B In 1Q On Forex ControlsWall Street Journal

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19 05 2012