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VP Siew says market forces will set Taiwan dollar value
TAIPEI, Taiwan -- Vice President Vincent Siew said yesterday that the local currency's value, which has lost ground against the U.S. dollar in recent days, will be decided by market forces.
Big News Network

Asia needs more cooperation on forex - ADB chief - Reuters
Asia needs more cooperation on forex - ADB chiefReutersBy Yoko Nishikawa TOKYO, Feb 19 (Reuters) - Asian nations should cooperate on foreign exchange rates and create a joint scheme aimed at preventing the onset of a currency devaluation race and big currency moves, the head of the the Asian Development ...
Info 5000

US Dollar Lower Against Euro, British Pound as Risk Trends Consolidate (Euro Open)
The US Dollar slipped -0.5% against the Euro and the British Pound as Asian stock markets rose for the first in four sessions, weighing on safe-haven currencies....
DailyFX

UBS settles U.S. tax evasion case for $780 million
The Securities and Exchange Commission said Wednesday that it reached a settlement with the Swiss bank UBS for $780 million in fines and tax-related payments.
bizjournals

Rupee marginally up against dollar
After remaining weak for three straight days, the Indian rupee appreciated marginally against the US currency in early trade today as banks and exporters sold dollars at higher levels.
The Times Of India

Gold and the Dollar, Rising Together
If you havent caught it already, in my Daily Currency Focus on FX360, I talked about What the Rally in the US Dollar and Gold is Telling Us...
Mr. Swing

EU warns Eastern Europeans against careless talk as their currencies drag down euro
Fears that a contagious currency sell-off could rip through faltering Eastern European economies prompted Brussels to tell finance ministers and central bankers from the region yesterday to end loos...
Big News Network

Savers besiege Stanford banks
The whereabouts of the Texan billionaire charged by the US Securities and Exchange Commission with 'massive' investment fraud remain unknown
Financial Times

Sensex extends losses for third day
MUMBAI: The Bombay Stock Exchange sensitive index, Sensex, extended the losses for the third day in a row by closing down by nearly 20 points in a volatile trading on Wednesday. Aggressive selling in...
Big News Network

E Europeans battle to drive up currencies
Central European countries tried to bolster their faltering currencies after days of falls against the euro and dollar. The declines have heightened concerns about the impact of the economic downturn on the region
FT.com

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