Today's Updates
Fragility fears weigh on renminbi
As concerns over the outlook for the Chinese economy intensify, currency traders have scaled back their bets on the renminbiSingle currency left bruised
Euro suffers after rating agency Moody's downgrades Portuguese government debt to junk statusChinese stocks edge down after rate rise
Asian stocks were mixed as markets digested China's latest rate hike and chewed over whether Beijing will keep increasing ratesEuro-sterling parity in sight as central banks diverge
The European Central Bank is to raise rates this week, while Bank of England stands pat, writes Jamie ChisholmA tale of two inflation policies
Brazil and Turkey are dealing with the inflation dilemma in diametrically opposed ways, with one taking the traditional approach and the other being innovative.Cristina Sanchez
GLOBAL CURRENCY EXCHANGE RATES CURRENCIES Mid Price GBP-EUR1.1193 GBP-USD1.6015 GBP-AED5.8849 GBP-AUD1.4922 GBP-EGP9.5585 GBP-BRL2.5153 GBP-KWD0.4399 GBP-NZD0.5163 EUR-USD1.4308 EUR-AED5.2576 EUR-BRL2.2472 USD-AED3.6746 AUD-AED0.2536 NZD-AUD0.7704 NZD-USD0.8269 NZD-EUR0.5779 Please note the above are indication rates between the buy and sell side
of the market at 7am on
Thursday 7th of July 2011
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Thursday, 7 July 2011
1Casa Daily Currency News
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