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Karachi , 2013-05-25 -- The Indian rupee recovered from a more than 8-1/2 month low hit earlier on Thursday, as exporters took advantage of a spike in the dollar to sell the greenback , on fears the central bank would intervene to stabilise the local currency. The rupee still posted a fifth day of falls to mark its longest losing streak in over 3 months as worries about a potential pullbac...
"The Japanese Yen continued to gain ground against its U.S. counterpart, with the USDJPY slipping to a fresh weekly low of 100.65, , the near-term correction may gather pace in the week days ahead should we see a growing number of Bank of Japan officials strike a more neutral tone for monetary policy. Indeed, it seems as though the ...
Presentation RICK EASTMAN , ANALYST, ROBERT W. BAIRD & Industry player, incorporated : Good afternoon, , welcome to this afternoon's presentation by Mettler-Toledo . I'm Rick Eastman , (technical difficulty) senior analyst here aired Baird, following the advanced industrial equipment space. , test , measurement is a big piece of that, , Mettler-Toledo is a Industry leader in that measurement spac...
Larry Ball makes the case that we would be a lot better off with a 4 % inflation target rather than the 2 % that is now central bank orthodoxy. Intellectually, this position is hardly outlandish; indeed, Ball?s case is very similar to the case Olivier Blanchard made 3 years ago, just stated more forcefully , with more evidence. The basic point is that a higher baseline...
Global Banking News - 24 May 2013 A survey of central bank observers has announced results that state that the Bank of Japan may pursue its easing measures for up to 5 years, until suitable...
Azerbaijan , Baku , 24 May / Trend, E. Aliyev / Over the past year, the Central Bank of Azerbaijan (CBA) has increased its foreign exchange reserves held in securities by 26.22 %, a statistical report of the Central Bank released on Friday says. As of late April, some 3.12 billion manat were in securities (or 25.2 % of the total foreign exchange reserves held by the Cent...
Karachi : The Indian rupee recovered from a more than 8-1/2 month low hit earlier on Thursday, as exporters took advantage of a spike in the dollar to sell the greenback , on fears the central bank would intervene to stabilise the local currency. The rupee still posted a fifth day of falls to mark its longest losing streak in over 3 months as worries about a potential pullback in the US ...
TAIPEI , 2013-05-24 (Xinhua) -- Taiwan on Friday cut its 2013 GDP growth forecast to 2.4 % f...
Azerbaijan , Baku , 24 May / Trend E. Aliyev / as reported by the International Monetary Fund (IMF), the average inflation rate of consumer prices in Azerbaijan will be at 3.4 per cent by the end of 2013. In 2014, this figure is projected at 6.7 per cent, a statement released by the IMF said. 'Compared with the increased level of 2011, the inflation rate in the area of the Caucasus ,...
TAIPEI, Taiwan (AP) ? Taiwan has lowered its economic growth forecast for 2013 to a muted 2.4 % as global demand for the island's electronics exports remained subdued. In February, the government predicted 3.6 % growth this year. ...
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