Bangladesh’s foreign exchange reserves rose to a record high of $9.54 billion at the end of October from $9.36 billion in September, the central bank said Sunday, following a steady rise since February. The increase was attributed mostly to strong inflows of remittances from more than 6.0 million Bangladeshis working overseas.
Forex reserves at record high in Oct « Bangladesh Economic News
Source: bangladesheconomy.wordpress.com
- Tags:
- Trading
- Foreign Exchange
Read more...
Speculation over early Tarp repayment boosting risk sentiment
It is always interesting to see which story grabs the markets attention in early New York trading and with the market in recent weeks in optimistic mode, maybe it should come as no surprise that the news that the US Treasury is hoping that ten banks can repay their Tarp funds early, is adding to...
Dudley: No more Treasury buys needed if yield rise due to economic optimism
The Economist has an interview with NY Fed chief Bill Dudley. He says that if US yields are rising for the right reasons, the Fed won’t have to keep buying (or add to its $300 bln announced intentions) Treasuries. The dollar has continued its comback on the remarks which can be found here. To...
Blackrock agrees to acquire BGI
The deal for Blackrock to acquire Barclays Global Investors including the important ishares business is officially done, according to reports on Reuters newswires. It is possible that this will have some ramifications for the pound, now that the deal is actually signed off on, but with global...
Dukascopy Morning Forex Overview - Aug 27 09
Previous session overview The euro and dollar fell against the yen in Asia Thursday as weak regional share markets prompted players to sell those currencies for the safe-haven yen. In early afternoon trading, Japan’s benchmark Nikkei 225 Stock Average was down 1.82%, while China’s...
June performance review for Danica-9am algorithmic system
During the month of June, the sixth month of live performance, the system went through a major upgrade. The upgrade is expected to further improve prediction quality for daily high and low (as measured by Pearson correlation coefficients between predicted and actual logarithmic returns) while its...