FOReign EXchange

CNBC - LONDON (Thomson Financial) - Sterling exchange rates: Day's spread Market rate USA 2.0602 - 2.0683 2.0615 - 2.0619 Canada 2.0200 - 2.0378 2.0319 - 2.0333 Denmark 10.3380 - 10.3833 10.3486 - 10.3561 Norway 11.1272 - 11.1815 11.1506 - 11.1661 Sweden 12

European Market Update
RTT News - Forex News Ø Forex Top Story Ø US Economic News Ø European Econ. News European Markets Rise, Led By Drugmakers - European Commentary [] 11/22/2007 1:28:56 PM The European markets rose on

Voting Prospects Of Thousands Of U.S. Immigrants At Risk []
RTT News - Forex News Ø Forex Top Story Ø US Economic News Ø European Econ. News Voting Prospects Of Thousands Of U.S. Immigrants At Risk [] 11/22/2007 3:27:27 PM A huge citizenship application backlog

India among the safer emerging markets
Economic Times - India’s forex reserves are high at $270 billion, and rising. The index also fails to consider labour remittances, which have historically proved to be stable inflows that can be depended on even in adverse circumstances. India gets the

FOREX-Dollar marks Thanksgiving with new record lows
Reuters - LONDON, Nov 22 (Reuters) - The dollar hit new record lows against the euro, the Swiss franc and a basket of currencies on Thursday on growing belief that the U.S. Federal Reserve will cut interest rates again next month. Adding to downward pressure

Siemens Q4 net profit surges on forex gains
Reuters India - MUMBAI (Reuters) - Power equipment maker Siemens Ltd on Thursday reported a surge in net profit for the fourth quarter ending September aided by forex gains and profits from the sale of a subsidiary. The company reported net profit of 3.1 billion

UPDATE 1-Sarkozy to urge "fair" forex on China visit
Guardian Unlimited - PARIS, Nov 22 (Reuters) - French President Nicolas Sarkozy will in a forthcoming visit to China call for an "equitable and fair" relationship between four major currencies -- the dollar, euro, yen and yuan, a senior French official said on Thursday

RBI says actively intervenes in forex mkt
Reuters India - NEW DELHI (Reuters) - Reserve Bank of India deputy governor Rakesh Mohan said on Thursday that while the RBI did actively intervene in currency markets, the rupee was largely determined by the market. Mohan also said the RBI was ready to use all

Dollar hits new low against euro amid warnings from Europe
New Straits Times - There is no longer any emotional attachment nor aversion against the yen's appreciation among Japanese politicians and corporate executives which we saw a few years ago," said Toru Umemoto, chief forex strategist at Barclays Capital. The US central

Malaysia mid-November forex reserves 101.2 bln usd vs 99.6 bln at end
CNBC - KUALA LUMPUR (Thomson Financial) - Bank Negara Malaysia, the country's central bank, said Thursday that Malaysia's international reserves rose to 101.2 billion US dollars at mid-November from 99.6 billion dollars at end-October. This is sufficient to