Won advances from two month lows against greenback

Posted On: June 17, 2013
Government suggestions about methods of preserving markets' stability prompted the South Korean won to bounce back from hovering near its lowest value in 60 days on Monday, according to Bloomberg. [More]

Category: Industry News

Rupee drops as concerns grow for tapering U.S. stimulus

Posted On: June 14, 2013
Conjecture about reductions to economy-spurring measures in the U.S. tugged down the Indian rupee on Friday as the monetary unit dove toward a sixth consecutive weekly loss in 12 months, according to Bloomberg. [More]

Category: Industry News

Real slips after gains against greenback

Posted On: June 14, 2013
The monetary unit of the largest economy in Latin America lost value on Friday against the U.S. dollar after capital outflows did not cease following the government's efforts to intervene, according to Bloomberg. [More]

Category: Industry News

Won marks top gains against dollar since mid April

Posted On: June 14, 2013
The monetary unit of South Korea on Friday achieved its top gains in about 60 days against the world's reserve currency, tracking Asian equities that were spurred higher by strong retail sales and employment data in the U.S., Bloomberg reports. [More]

Category: Industry News

Rand tugged down by underwhelming mining data

Posted On: June 11, 2013
The monetary unit of the largest economy on the African continent dove to its lowest value in four years on foreign exchange markets on Tuesday after mining generation contracted, according to Bloomberg. [More]

Category: Industry News

South Korean won dips amid concerns about U.S. stimulus ceasing

Posted On: June 11, 2013
The South Korean won scraped its two-month low on Tuesday on foreign exchange markets amid speculation that global investors selling the nation's equities will return proceeds, according to Bloomberg. [More]

Category: Industry News

Rand continues slipping against greenback

Posted On: June 10, 2013
The monetary unit of the largest economy on the African continent continued its downward sloop on Monday against the U.S. dollar on foreign exchange markets, according to Agence-France Presse. [More]

Category: Industry News

Rand climbs following commentary of central bank governor

Posted On: June 06, 2013
The monetary unit of the largest economy on the African continent achieved gains on Thursday on foreign exchange markets after the governor of the central bank noted minimal likelihood of slashing interest rates, according to Bloomberg. [More]

Category: Industry News

Real climbs after Brazil eliminates international tax

Posted On: June 05, 2013
The monetary unit of the largest economy in Latin America gained value on foreign exchange markets on Wednesday in the aftermath of the government eliminating the 6 percent tax of international investors' purchase of bonds, according to Bloomberg. [More]

Category: Industry News

Rand marks 11-day bearish streak

Posted On: May 23, 2013
The monetary unit of the largest economy on the African continent is on an 11-day bearish trend, representing its lengthiest losing streak since the late 1980s, according to Bloomberg. [More]

Category: Industry News