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India Looks Into Making Currency Fully Convertible, Lifting Foreign Exchange Restrictions
Money Sense - Mar 19 2:51 AM India is looking into making its currency fully convertible and lifting all restrictions on foreign exchange transactions, a top government official said Sunday, a decade after such plans were shelved following the East Asian economic crisis.
New York Foreign Exchange
AP via Yahoo! News - 2 hours, 10 minutes ago New York Foreign Exchange
India to Make Currency Fully Convertible
AP via Yahoo! News - Mar 20 10:37 AM India's central bank on Monday appointed a panel of experts to create a fully convertible currency, nearly a decade after such plans were shelved following the Asian economic crisis.
India to Make Currency Fully Convertible
AP via Yahoo! News - Mar 20 2:22 AM India will soon announce how it plans to make its currency fully convertible, the finance minister said Monday, a decade after such plans were shelved following the Asian economic crisis nearly a decade ago.
Brazil's Currency Weakens on Concern Palocci May Step Down
Bloomberg.com - Mar 20 9:50 AM March 20 (Bloomberg) -- Brazil's currency declined for a second day on concern Finance Minister Antonio Palocci, President Luiz Inacio Lula da Silva's top economic policy maker, may step down from his post.
WTO Urges China to Review Currency Policy
Muzi - Mar 19 8:47 AM China should adopt a more flexible currency exchange rate policy and must do more to stamp out piracy, the World Trade Organization recommends in its first trade review of the Asian country, according to a summary obtained Friday by The Associated Press.
India to Make Currency Fully Convertible
Minneapolis-St. Paul Star Tribune - Mar 20 11:07 AM NEW DELHI (AP) - India's central bank on Monday appointed a panel of experts to create a fully convertible currency, nearly a decade after such plans were shelved following the Asian economic crisis. The announcement came hours after Finance Minister P. Chidambaram told a business conference that the Reserve Bank of India, the country's central bank which regulates currency transactions, would
Refco currency unit talks collapse; examiner named
Reuters via Yahoo! Asia News - Mar 20 10:56 AM NEW YORK, March 20 (Reuters) - Refco Inc.'s bankruptcy reorganization suffered a setback on Monday when Forex Capital Markets LLC abandoned talks to buy the company's unregulated currency trading unit.
India considers convertible rupee
CNN.com - Mar 19 7:11 PM MUMBAI, India (AP) -- India is looking into making its currency fully convertible and lifting all restrictions on international exchange transactions, a top government official said, a decade after such plans were shelved following the East Asian economic crisis.
Brazilian Real, Mexican Peso: Latin American Currency Preview
Bloomberg.com - Mar 20 1:35 AM March 20 (Bloomberg) -- The following events and economic reports may influence trading in Latin American currencies today. Exchange rates are from the previous week.
China's currency strengthens as Beijing readies for meetings with US
Financial Express - Mar 20 8:48 AM CHINA'S currency is rising to new highs against the US dollar as President Hu Jintao prepares for his first state visit to Washington, and while two of the harshest critics in the US Senate are heading to Beijing.
Beijing must undertake currency reform or face trade sanctions
Financial Express - Mar 20 9:02 AM WASHINGTON, Mar 20 (AFP): Two US lawmakers were set to begin a visit to China today, carrying a warning that Beijing must undertake decisive reform of its currency regime or face trade sanctions.
India to make currency fully convertible
Victoria Advocate - Mar 20 2:45 AM Finance Minister P. Chidambaram told a business conference that he has already discussed the issue with the Reserve Bank of India, the country's central bank, which regulates currency transactions.
BNR sterilize EUR 2.7 bln to support RON exchange rate
Nine O'Clock - 1 hour, 18 minutes ago BUCHAREST - The Central bank yesterday managed to sterilize the supra-liquidities on the monetary market. The RON exchange rate was sustained through the sterilization of EUR 2.7 bln (RON 9.47 bln).
Iran denies reports it will open euro oil exchange
Russian Information Agency Novosti - Mar 20 8:27 AM TEHRAN, March 20 (RIA Novosti) - Iran denied Monday media reports that it was to open a euro-based oil exchange. "We have no information on opening an oil exchange in the free economic zone on Kish Island [southern Iran]," a spokesman for the Iranian Oil Ministry told RIA Novosti.
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