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Black market currency traders in Sudan put their business on hold on Sunday to assess the impact of new government measures aimed at closing a wide gap between the official and unofficial forex rates. From Monday, official foreign exchange bureaus will be ...
Read moreMay 17, 2012 (KHARTOUM) – Foreign exchange (Forex) bureaus will be able to buy and sell currencies using their own exchange rate away from the official one, it was announced today. FILE - An official leaves after a news conference presenting ...
Read moreThe second option is to experience a traveler's cheque. These, nevertheless, are for those who think ahead. Exchange rates and transfer funds have to be observed for a certain time ahead prior to the cheques are exchanged to get the best rates possible.
Read moreThe Australian dollar touched a five-month low of $0.9945 after minutes of the latest Reserve Bank of Australia meeting showed concerns about a cooling in growth and inflation were behind its unexpected 50 basis point rate cut in May.
Read moreThe Australian dollar briefly fell to a five-month low of $0.9945, after the latest Reserve Bank of Australia's minutes showed concerns about a cooling in growth and inflation were behind its unexpected 50 basis point rate cut in May.
Read moreThe act of trading forex is buying one currency in a pair, for example the Euro in the EUR/USD pair, while simultaneously selling the other (US dollar). Investors do this with expectations that the cross rate price will rise in value and their ...
Read moreOn Monday, after a move down towards 1.2725, the spot rate overshot the 1.2800 to currently levitate ... 2012 “FXstreet.com. The Forex Market” All Rights Reserved. Every effort is made to provide accurate and complete information.
Read moreU.S. ISM report turns things around for dollar * RBA surprises markets with 50 bps rate cut, Aussie tumbles * Yen hits 2-1/2-month high vs dollar, but falls By Julie Haviv NEW YORK, May 1 (Reuters) - The dollar rebounded from a one-month low ...
Read moreLooking at the history of the rupee, from 1973 until 2012, the dollar/rupee exchange rate averaged 30.65 reaching a historical high of 55.03 levels in May 2012 and a record low of 7.19 levels in March 1973. The Indian currency has depreciated ...
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