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Thursday, 30 June 2011

1Casa Daily Currency News


Today's Updates

Euro advances after Greece passes crisis measures
Single currency builds on its gains, lifted as the Greek parliament passed the bill to tackle the country's debt crisis

Overview: risk assets resume their upward march
Equities pushed to within a whisker of their best performance in more than two months and the euro reclaimed the $1.44 level

Sri Lanka backs renminbi bank deals
Move underscores the growing internationalisation of the Chinese currency as well as the close ties between the two countries

Washington's fiscal recklessness rules out QE3
Fed officials need to admit that they have done all that can reasonably be expected of them to meet their dual mandate, writes Edward Yardeni

Euro climbs as July rate increase signalled
The euro advances after Jean-Claude Trichet, ECB president, signals plans for a July rate increase have not altered

GLOBAL CURRENCY EXCHANGE RATES
CURRENCIES Mid Price
GBP-EUR
1.1082
GBP-USD
1.6063
GBP-AED
5.8978
GBP-AUD
1.4968
GBP-EGP
9.5865
GBP-BRL
2.5175
GBP-KWD
0.4419
GBP-NZD
0.5161
EUR-USD
1.4495
EUR-AED
5.3220
EUR-BRL
2.2717
USD-AED
3.6716
AUD-AED
0.2538
NZD-AUD
0.7724
NZD-USD
0.8290
NZD-EUR
0.5719
Please note the above are indication rates between the buy and sell side
of the market at 7am on
Thursday 30th of June 2011

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