Jewellery souk in Damascus is seeing soaring trade as the worsening conflict encourages residents to seek a stable alternative to cash
Syrians buy up gold as currency plunges
Source: www.ft.com
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Hungary Ctrl Bank Allots CHF699M In One-Week Forex Swap Op
The National Bank of Hungary said Monday it has allocated 699 million Swiss francs ($644.097 million) in a one-week euro/Swiss franc swap operation. ... See all stories on this...
Forex Money Rain?
Money Rain Corporation is a Forex broker with a MetaTrader 4 platform that offers quite interesting conditions to its traders. Its description was uploaded to my site today. MRC offers trading mini accounts from $100. The most interesting advantage it has...
Indonesia cbank end-Oct forex reserves above $64 bln
JAKARTA, Nov 3 (Reuters) - Indonesia's central bank deputy governor Hartadi Sarwono said on Tuesday the country's foreign exchange reserves were estimated at more than $64 billion at the end of October, up from $62.3 billion at the end of September. 'The factors which pushed up forex reserves were...
View of the Day: Don't write off the dollar
There are a number of reasons why its too early to bet on a collapse in the dollar in 2010, says Donald Rissmiller at Strategas Research Furthermore, the debt-to-GDP ratio remains below the 100 per cent level typically considered problematic. “While there has been some talk of an eventual US...
Risk appetite weighs on dollar
The dollar came under renewed pressure this week as a series of policy decisions from the world’s leading central banks boosted investor confidence over the prospects for the global economy. Risk appetite was lifted after the Federal Reserve’s meeting on Wednesday as the central bank...