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Currency still looks set for a longer term depreciation. The country s gross international reserves in November were at the lowest level in 2 years, according to data from the Bangko Sentral ng Pilipinas released on Thursday.

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Oaikhenan made the projection in an interview with the News Agency of NigeriaNAN) in Awka on Thursday. EURGBP EURGBP has pulled back from the high it achieved on the first trading day of January at 0. Global Forex CFD Trading Broker Leading online Forex and CFD broker. Hong Kong Dollar, Jan

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Currency strength will spike in countries where central bank rates rise unexpectedly, says FX strategist David Bloom; He predicts Australia will see this in Q1, boosting its currency against the dollar by an estimated 10 percent. Here Are Goldman s Top Trades for Bloomberg.

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Hassan Oaikhenan of the Department of Economics and Statistics, University of Benin, said the foreign exchange environment would likely witness some favourable effects in. Forex India Share Brokers.
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Crude prices hit fresh highs on Wednesday, topping61 a barrel for the first time in 2½ years. Currencies are not thestock” of a nation, they are debt instruments issued by its central bank.
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