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Results 1 - 4 of 4 for euro

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  1. Business - Banking & Finance - FOREIGN EXCHANGE

    People's Bank of China in swap deal with European Central Bank

    Posted Oct 11th 2013, 12:00am by VICTORUA RUAN

    ... to purchase and subsequently repurchase Chinese yuan and euro from each other. The ECB said in a statement yesterday that the swap arrangement is intended to serve as a backstop liquidity facility and to reassure euro-area banks of the continuous provision of the yuan. It will be available to all euro zone counterparties via national central banks. The PBOC said the arrangement will promote ...

    http://www.scmp.com/business/banking-finance/article/1328877/peoples-bank-china-swap-deal-european-central-bank
  2. Business - Money - FOREIGN EXCHANGE

    Yen hits 7-mth low on likely next govt’s calls for easing

    Posted Nov 19th 2012, 12:49pm

    ... on monetary policy, analysts say. The euro edged up 0.1 per cent to 103.71 yen. Earlier, the single currency rose to as high as 104.15 yen, the euro’s highest level against the Japanese currency in about a month. Against the dollar, the euro edged up 0.2 per cent to $1.2767. The common currency found a floor at a two-month trough of $1.2661 last week after suffering a 3.6 per cent-slide ...

    http://www.scmp.com/business/money/market-snapshot/article/1086028/yen-hits-7-mth-low-likely-next-govts-calls-easing
  3. Business - Money - FOREIGN EXCHANGE

    Yen stumbles on poor trade figures, easing hopes

    Posted Nov 21st 2012, 01:25pm by Agence France-Presse in Tokyo

    ... Agence France-Presse in Tokyo The yen lost more ground in Asia on Wednesday, hitting a seven-month low against the dollar after Japan released another batch of weak trade data, which raised hopes for fresh monetary easing. The dollar bought 81.96 yen in Tokyo trade, hitting levels last seen in early April, and up from 81.67 yen in New York late Tuesday. The euro also bought ...

    http://www.scmp.com/business/money/markets-investing/article/1087483/yen-stumbles-poor-trade-figures-easing-hopes
  4. Business - Money - FOREIGN EXCHANGE

    Uncertainties over central bank policies take shine off carry trade

    Posted Oct 23rd 2012, 12:00am by Bloomberg

    ... The dollar fell 0.6 per cent against the euro last week to US$1.3024, and rose 1.1 per cent to 79.32 yen as speculation the Bank of Japan will boost monetary stimulus sapped demand ...

    http://www.scmp.com/business/money/article/1067520/uncertainties-over-central-bank-policies-take-shine-carry-trade

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