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By Ahmed A. Namatalla, Bloomberg |
February 4, 2013
Egypt’s central bank set new exchange-rate movement limits for the interbank market as Governor Hisham Ramez, who took office yesterday, seeks to curb the worst currency slump since the 2003 devaluation.
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By Scott Rose, Ryan Chilcote and Ilya Arkhipov, Bloomberg |
January 21, 2013
Russia’s central bank is resisting calls to cut interest rates, sparking a “huge argument” with the government over priorities as economic growth slumps, First Deputy Prime Minister Igor Shuvalov said.
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By Josiane Kremer, Bloomberg |
January 18, 2013
Norway’s financial regulator and central bank have received e-mails since 2010 from bankers outside the country alleging that interbank lending rates were being rigged.
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By Matthew Brown, Bloomberg |
January 11, 2013
Profits from selling U.S. liquefied natural gas abroad may be elusive, belying the $60 billion race for export licenses as the price gap between Asia and North America shrinks from record levels.
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By Mayumi Otsuma, Bloomberg |
January 8, 2013
Japan plans to use its foreign-exchange reserves to buy bonds issued by the European Stability Mechanism and euro-area sovereigns, as the nation seeks to weaken its currency, Finance Minister Taro Aso said.
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By Susanne Walker and Cordell Eddings, Bloomberg |
December 11, 2012
Treasuries fell, pushing 10-year yields to a two-week high, as investors sought higher-yielding assets and the Federal Open Market Committee began a two-day meeting amid forecasts it will decide to buy more bonds to spur the economy.
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By Helene Fouquet and Adria Cimino |
November 14, 2012
As France begins collecting its financial-transactions tax, it is becoming evident that the levy is missing those it was aimed at: speculators.
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By Joseph Ciolli and Lukanyo Mnyanda, Bloomberg |
October 22, 2012
The yen fell for an eighth day against the dollar, the longest streak in seven years, as a report showing Japan’s exports fell the most since the 2011 earthquake fueled bets the central bank will add more stimulus.
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By Rebecca Christie, Bloomberg |
September 28, 2012
The European Commission responded to a letter from Germany and France urging action on a financial-transaction tax by reiterating that nine countries must submit formal requests for the plan to move forward.
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By Josue Leonel and Blake Schmidt, Bloomberg |
September 26, 2012
Brazil’s real dropped for a fourth day in the longest stretch of losses in September after a newspaper reported that the government may take steps to prevent the currency’s appreciation