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Monday, 30 May 2011

1Casa Daily Currency News

Today's Updates

Asia shares fall as fears about US growth mount
Asian shares were lower on Monday after the latest economic data showed that the US economic growth was slowing while expectations of further tightening measures drove down Chinese property shares

Don't improvise capital controls, IMF says
Governments for capital controls aimed at curbing speculative fund flows so that they can be ready for use when needed, the Fund's chief economist said

Funding the north African aid corps
As the G8 nations struggle out of the economic crisis, footing the bills for problems in faraway countries will not be easy to sell domestically. Yet they must do so.

US Treasury says China not manipulating currency
China is not a currency manipulator but its real exchange rate 'remains substantially undervalued', the US Treasury said in its semi-annual currency report to Congress

Euro gains on fears over US growth
The single currency has a volatile five sessions but manages to rise against the dollar, which is suffering after disappointing data and due to an increase in risk appetite. 

Cristina Sanchez

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GLOBAL CURRENCY EXCHANGE RATES
CURRENCIES MID PRICE
GBP-EUR 1.1526
GBP-USD 1.6461
GBP-AED 6.0440
GBP-AUD 1.5382
GBP-EGP 9.7927
GBP-BRL 2.6243
GBP-KWD 0.4519
GBP-NZD 0.7644
EUR-USD 1.4282
EUR-AED 5.2438
EUR-BRL 2.2769
USD-AED 3.6717
AUD-AED 0.2545
NZD-AUD 0.7644
NZD-USD 0.7644
NZD-EUR 0.5728
Indication Rates on Monday 30th of May 2011


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