The Foreign Exchange News

 
BMO Capital Markets Foreign Exchange Group Recognized with Two Awards
MarketWatch (press release)
TORONTO, ONTARIO, May 25, 2012 (MARKETWIRE via COMTEX) -- BMO Capital Markets, the investment and corporate banking arm of BMO Financial Group (TOR:CA:BMO) (NYSE:BMO) , has been named the Best Foreign Exchange Bank in North America by Dealmakers ...

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NZ Rugby Union Realizes Foreign Exchange Gains
Wall Street Journal
By LUCY CRAYMER WELLINGTON—The organization behind the world's most successful national rugby team realized NZ$3.3 million (US$2.49 million) in foreign exchange gains as it offset the impact of the strong New Zealand dollar last year, ...

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Brazil's Central Bank Offers Foreign Exchange Swaps At Auction
Wall Street Journal
SAO PAULO (Dow Jones)--The Central Bank of Brazil said it will offer a large volume of foreign-exchange swap contracts Thursday as it seeks to ease selling pressure on the local currency. The bank will offer up to 80000 contracts worth the equivalent ...

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Houston Chronicle (blog)
Indias smart foreign exchange reserves policy
Houston Chronicle (blog)
As described in my column published today in The Financial Express, this approach gives India a useful automatic stabilizer and frees monetary policy to focus on the domestic economy rather than managing the exchange rate.
India's forex reserves drop by $1.80 billionTwoCircles.net
Can amnesty scheme for overseas stash save the rupee?Hindu Business Line
Forex reserves fall for third weekBusiness Today
Economic Times -Moneycontrol.com -Rediff
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Lacordaire to Begin Foreign Exchange Program
Patch.com
Lacordaire Academy, located in Upper Montclair, will begin a foreign exchange program with an institution that shares its namesake, Lacordaire Academy in Marseille, France. The Head of the French institution contacted the American Academy about ...


 
Siemens Brasil CEO: Foreign Exchange Volatility Causes Short-Term Impact
Wall Street Journal
RIO DE JANEIRO (Dow Jones)--Recent volatility in foreign-exchange rates has generated a short-term impact on business, but will not affect the long term plans of Germany's Siemens AG (SI). Siemens aims to expand its operations to meet local demand, ...

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Euro crisis concerns push markets lower
Seattle Post Intelligencer
A trader watches a monitor at a foreign exchange market in Tokyo, Thursday, May 24, 2012. Asian stock markets struggled to make headway Thursday as the lack of a breakthrough in Europe's attempts to shake off its debt crisis kept sentiment gloomy.

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