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Thursday, 29 September 2011

Thursday's Currency News


Split on Greece knocks euro
The single currency endures a volatile session as traders continue to track developments over a potential rescue package for Greece

Asian shares drop on fears of double-dip recession
Markets fall as investors dump shares of commodity producers on concerns that Europe's protracted debt crisis could bring a global double-dip recession

Dubai to offer rupee options
The first opportunity to trade in the derivatives outside India follows the success of futures contracts, writes Camilla Hall


Heidelberg bond breathes life into junk
Cement and concrete producer takes advantage of a tentative improvement in investor sentiment to sell a €300m high-yield bond

Super-charged eurozone fund won't solve crisis
A leveraged EFSF would dig itself into an even deeper hole, and in any case it does not have €440bn on tap, writes Satyajit Das



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