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Update 2-s.korea To Keep Spending Reserves Despite Won Fall - Forbes
seoul, oct 2 (reuters) - south korea pledged on thursday to keep spending its $240 billion in foreign exchange reserves to support the won even though the cash pile has fallen for a record six straight months and the currency just suffered its ...
www.forbes.com

Bob, Ubi Revise foreign Currency Deposit Rates
state-owned bank of baroda and union bank of india have revised their interest rates on foreign currency non-resident (b) account (fcnr (b)) deposits and non-resident external (nre) term deposits.
economictimes.indiatimes.com

S Korean President Demands Measures To Stabilize Foreign Exchange Market
south korean president lee myung-bak on wednesday demanded his government to release additional foreign currency holdings and take further measures to stabilize the local foreign exchange market. "international financial markets are still unstable and the government has to ensure that sufficient foreign currencies are provided to the local market," lee said at a luncheon meeting with finance ...
english.people.com.cn

Bob, Ubi Revise foreign Currency Deposit Rates - Tradingmarkets.com
deposits in us dollar having a maturity of one year to less than two years would now attract a rate of 3.71 per cent as against 2.96 per cent earlier, banks said in separate press statements here. for a maturity period of two years to less than three ...
www.tradingmarkets.com

S.korea Mulls Lending Fx To Banks Directly-source - Cnbc
seoul, oct 1 (reuters) - south korea is considering lending foreign currency directly to local banks to ease a dollar-funding squeeze amid persistent worries about a global credit crisis, a finance ministry official said on wednesday. the move would ...
www.cnbc.com

Pnb Revises foreign Currency Deposit Rates
punjab national bank, india’s second largest public sector bank, today hiked interest rates by 50 basis points for non-resident deposits in foreign currencies including us dollar, euro and british pound.
www.business-standard.com

(afx Uk Focus) 2008-10-02 02:32 Update 1-s.korea Foreign Reserves Dive Again On Ailing Won
seoul, oct 2 (reuters) - south korean foreign reserves dropped for a sixth consecutive month in september, the longest period of decline on record, as the country battled to slow a sustained slide in the won currency to multi-year lows.
www.iii.co.uk

Agriculture Stocks Do A Face Plant - Forbes
shares in fertilizer and agriculture companies suffered enormous losses on thursday on fears that a slowdown in the global economy will eat away at demand for commodities. the sector was under pressure all day, at first reacting to a negative ...
www.forbes.com

Indicators - Czech Republic - October 1 - Forbes
66 million euros in spot foreign exchange market operations in july. it sold foreign currency worth 26.8 million euros in client operations in july. copyright thomson financial news limited 2008. all rights reserved. the copying, republication or ...
www.forbes.com

Alaron Currency Comment
chicago - oct 1/08 - sns -- following is the currency futures comment from alaron trading corp. the dx opened higher at 79.56 and slid to a morning lo of 79.42, before rising to a morning hi of 79.92 as pressure from foreign central banks buying dx continues.
www.agreport.com

S. Korea's Forex Reserves Drop Anew In September
south korea's foreign currency reserves fell for the sixth straight month in september, as the authorities poured billions of dollars into the market to prop up the ailing won.
www.asianewsnet.net

Weak Won A Win For Korea Exporters, But They'd Prefer Stability - Cnbc
seoul, oct 1 (reuters) - south korea's tumbling won currency -- down more than a fifth versus the dollar and euro this year -- makes exporters more competitive and company profits fatter, but longer term it may be more bane than boon. the won is the ...
www.cnbc.com

Firm Illegally Selling Dinars In State, Official Says - Arkansas Online
the state securities commissioner said thursday a massachusetts company has been selling iraqi money, over the internet, without a proper license to arkansas investors. commissioner a. heath abshure ordered dartmouth capital llc of boston to explain ...
www2.arkansasonline.com

Fitch Affirms Shinhan And Hyundai Card; Outlooks Unchanged
fitch ratings has affirmed all its ratings on the shinhan and hyundai credit card companies as detailed below: shinhan card co (sc): - long-term foreign currency issuer default rating (idr) of 'bbb+'
www.thaipr.net

Dollar Trades Near 1-year High On U.s. Currency Funding Demand
oct. 2 (bloomberg) -- the dollar traded near a one-year high against the euro on increased demand for funding in the u.s. currency, reflecting the reluctance of banks to lend to each other amid a global credit crunch.
www.bloomberg.com

Vietnam Keeps Growth Target Despite Global Woes - Thanhnien
the central bank and government agencies were urged by prime minister nguyen tan dung to ensure “safety and liquidity” in the banking system and monitor fluctuations in global markets closely, according to a statement posted on the government’s ...
www.thanhniennews.com

Wealth Fund Debate Continues - Taipei Times
the debate over whether to set up a sovereign wealth fund continued yesterday as academics and government officials disagreed on whether it was necessary, but all agreed on the need to create an institution to oversee and act to stabilize financial ...
www.taipeitimes.com

Dollar Trades Near 1-year High On U.s. Currency Funding Demand
oct. 2 (bloomberg) -- the dollar traded near a one-year high against the euro on increased demand for funding in the u.s. currency, reflecting banks' reluctance to lend to each other amid a global credit crunch.
www.bloomberg.com

Dollar Advances Versus Euro On Demand For U.s. Currency Funding
oct. 1 (bloomberg) -- the dollar advanced against the euro for a third consecutive day as demand for funding in the u.s. currency increased, reflecting banks' reluctance to lend to each other amid a global credit crunch.
www.bloomberg.com

Malaysian Islamic Insurer Eyes Overseas Market - Guardian Unlimited
kuala lumpur, oct 3 (reuters) - malaysian islamic insurer takaful ikhlas is in talks to sell its products in the middle east and north africa, its chief executive was quoted on friday as saying. the company, a subsidiary of insurer mnrb holdings bhd ...
www.guardian.co.uk