The News Review:
- Knowledge key in forex trading
- Forex reserves drop
- China should take measures to reverse rising surpluses – PBoC advisor
Knowledge key in forex trading
Jamaica Gleaner – Jul 23, 2006
Meikle Staff Reporter. The seminar was organised by World Events for the Caribbean Limited (WE). Sunday Business sat down with Mr. Martinez to discuss forex trading edcuation and training. Sunday Business (SB): What is forex trading?Jared Martinez (JM): Actually a lot of people are already familiar with foreign exchange trading.
Forex reserves drop
Calcutta Telegraph – Jul 23, 2006
The reserves had increased by $348 million during the preceding week ended July 7. Foreign currency assets also decreased by $599 million to $155 billion in the reporting period according to figures released by the Reserve Bank of India. Genpact plan Bhubaneswar July 22: Genpact the BP arm of General Electric will soon set up shop in rissa. Ashok Tyagi senior vice-president of Genpact met rissa chief minister Naveen Patnaik today and expressed his interest to start operations in the state by January 2007.
China should take measures to reverse rising surpluses – PBoC advisor
Forbes – Jul 23, 2006
4 pct year-on-year. ‘All in all China must take forceful measures to reverse the rocketing surpluses as soon as possible’ Yu said. Yu said China should allow market forces to play a bigger role in deciding the value of China’s yuan to counteract the surging surpluses and highly stocked forex reserves. The central bank advisor said cancelling preferential policies granted to foreign investment terminating measures that encourage exports and cracking down on inflow of speculative funds to China will also help slow growth in forex reserves. The content on this site including news quotes data and other information is provided by AFX News and its third party content providers for your personal information only and neither AFX News nor its third party content providers shall be liable for any errors inaccuracies or delays in content or for any actions taken in reliance thereon.