FOREIGN EXCHANGE NEWS & INFORMATION
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Friday, November 21, 2008
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LATEST FOREIGN EXCHANGE NEWS:
Faircloth Returns to Toronto-Dominion to Head Foreign Exchange
Nov. 21 (Bloomberg) -- Toronto-Dominion Bank , whose stock posted its biggest five-day decline in a quarter century this week, brought back Mark Faircloth to head its interest rates and foreign exchange businesses. Turkish central bank vows to promote foreign exchange liquidity Turkish Central Bank chief vowed on Friday to promote foreign exchange liquidity and increase efficiency in credit markets to cope with the global financial turmoil, the semi-official Anatolia news agency reported. "Concerns over inflation had diminished for now, we should focus more on foreign exchange liquidity and efficiency in the credit markets," the report quoted Central Bank Governor ... India's foreign exchange reserves fall by $5 billion The country's foreign exchange reserves fell $5.02 billion to $246.3 billion in the week ended November 14, the Reserve Bank of India said in its weekly statistical supplement, on Friday. S Korean president vows not to intervene in foreign exchange market South Korean President Lee Myung-baksaid that his government has no intention to intervene in the foreign exchange market, South Korea's Yonhap News Agency reported on Friday. "The economy should be allowed to roll on its own. An external shock is not desirable," said Lee, who is conducting a state visit to Peru, to South Korean journalists in Peru. Lee's remarks came as the value of the won ... Thai Foreign Exchange Reserves Rise (RTTNews) - Friday, the Bank of Thailand said in a report that the nation's foreign exchange reserves amounted to US$103.68 billion as on November 14, compared withUS$103.12 billion recorded as on November 7. MIDDAY MALAYSIAN FOREIGN EXCHANGE: MIDDAY MALAYSIAN FOREIGN EXCHANGE, NOV 21 Pakistan's foreign exchange reserves decline by $99.7 million KARACHI (November 21 2008): Country's foreign exchange reserves have further plunged by some 99 million dollars during the last week. |







