CURRENCY EXCHANGE RATES NEWS & INFORMATION
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Friday, November 21, 2008
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LATEST CURRENCY EXCHANGE RATES NEWS:
Foreign currency deposits rise as forex rates fall
PETALING JAYA: Foreign currency deposits or accounts in the country have increased after the exchange rates of several currencies dropped about 30% or more against the ringgit over the last few months, according to senior banking officials. Currency Converter The NASDAQ.com Currency Converter allows you you to calculate currency and foreign exchange rates using up-to-date currency rates for 19 different currencies. Simply type the amount of source currency in the "Amount" box. Argentina, Colombia: Latin American Bond, Currency Preview Nov. 21 (Bloomberg) -- The following events and economic reports may influence trading in Latin American local bonds and currencies today. Bond yields and exchange rates are from the previous day’s session. Yen, Taiwan's Dollar, Thailand's Baht: Asia Currency Preview Nov. 21 (Bloomberg) -- The following events and economic reports may influence trading in Asian currencies today. Exchange rates are from the previous session. Exchange Rate Hurts Profit at Medtronic Medtronic, the medical device maker, said that legal expenses and declining foreign exchange rates weighed down its quarterly profit. HKMA Yam: Hong Kong Government Fully Committed To Currency Peg HONG KONG -(Dow Jones)- Hong Kong monetary chief Joseph Yam reaffirmed his commitment to the territory's currency peg, and said Thursday recent intense intervention in the foreign exchange market should bring down borrowing costs. Heinz Reports 5.8% Organic Sales Growth, and a 22.5% Increase in EPS to $0.87 in Second Quarter PITTSBURGH----H. J. Heinz Company today announced strong second-quarter earnings of $0.87 per share, a 22.5% increase from a year ago, reflecting higher sales and the benefit of the Company’s strategic decision to hedge translation exposures on key currency exchange rates for the quarter and for the remainder of the Fiscal Year. |







