Latest exchange rate news

Mining houses prefer stable exchange rate - Independent Online

Mining companies in South Africa preferred a stable exchange rate because a weak rand stoked inflation, Chamber of Mines senior executive Roger Baxter said yesterday. Baxter said: “Mining companies have never advocated a weak currency to support ...

India will be comfortable with stable rupee exchange rate: C Rangarajan - Economic Times

NEW DELHI: The government will be comfortable with a stable rupee exchange rate and there was no reason for the currency to be unstable, C Rangarajan, chief economic adviser to Prime Minister Manmohan Singh, said on Thursday. The rupee fell to its ...

Exchange rate reform may take time - People's Daily Online

With the recent appreciation of the yuan leading to speculation that the People's Bank of China is preparing for a more flexible exchange rate regime, it is worth revisiting what exchange rate flexibility is about, why it is useful for China, what are ...

Euro Exchange Rate Forecast: GBP/EUR Fresh Low After Disappointing UK ... - Exchange Rates UK

The Pound remained on the defensive on Wednesday and fell sharply versus the vast majority of the 16 most actively traded currencies. The UK currency slipped under 1.17 versus the Euro to the lowest level in over a month, while Sterling also traded ...

Exchange rate stability makes life more comfortable for British people in Turkey - PR Web (press release)

British people living in the Eurozone saw the local value of their Sterling-based income slashed by 33 per cent between January 2007 and December 2008, when the exchange rate plummeted from £1/€1.53 to £1/€1.02. Meanwhile, for the same period in ...

GBP USD Exchange Rate Falls, GBP AUD & GBP NZD Rates Gain - Currency News

Price action in the global currency markets yesterday afternoon was determined by a public statement from the US Federal Reserve Chairman Ben Bernanke. The head of America's central bank had some interesting comments to make which had an ...

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