| Author | Message | ||
     Pavala Side Hero Username: Pavala Post Number: 9963 Registered: 02-2008 Posted From: 193.47.71.253 Rating: N/A |
geek na kodukul maak baaga rod eduthunnaar...chass...euro hits worst in last 2 years...thu dheenamma dollar Morphing blogger ni , Co-DB members paina videos chesthunna vallani support jesthunna vallai spare jese samasyE ledhu - Ooguthunna Thelivayina kurrod | ||
| Jodhaa Hero Username: Jodhaa Post Number: 12435 Registered: 02-2008 Posted From: 220.225.72.212 Rating: N/A |
ok | ||
| Scallion Side Hero Username: Scallion Post Number: 3412 Registered: 05-2009 Posted From: 206.123.17.17 Rating: N/A |
Few more months wait cheyandi... before you buy some thing in Hyd.. Jai NTR, Jai Jai TDP | ||
| Jodhaa Hero Username: Jodhaa Post Number: 12432 Registered: 02-2008 Posted From: 220.225.72.212 Rating: N/A |
Hyd lo Rents vachey commercial property deals emanna vuntey share cheyyandi..TIA | ||
| Scallion Side Hero Username: Scallion Post Number: 3411 Registered: 05-2009 Posted From: 206.123.17.17 Rating: N/A |
March 22 (Bloomberg) -- The dollar rallied for a third day on speculation Europe's inability to solve Greece's debt crisis and rising global interest rates will stifle the economic recovery, denting demand for higher-yielding assets. The U.S. currency touched an almost three-week high against the euro, gaining against 15 of its 16 major peers after German Chancellor Angela Merkel told investors they shouldn't expect this week's European Union summit to agree on assistance for Greece. The Australian dollar and the Norwegian krone both slid for a third day, after the Reserve Bank of India unexpectedly raised interest rates on March 19. "The whole Greek situation needs to be resolved, and until it's resolved the euro will be under pressure," said Boris Schlossberg, director of currency research with online currency trader GFT Forex, in New York. "Risk currencies are sensitive to rising rates." The U.S. currency rose 0.3 percent, its third straight gain, to 80.941 on IntercontinentalExchange Inc.'s Dollar Index, which tracks the greenback against the currencies of six major U.S. trading partners. The dollar touched $1.3485 per euro, the strongest level since March 2, before trading at $1.3490, up 0.3 percent, at 8:53 a.m. in New York. The yen depreciated 0.3 percent to 122.10 per euro from 122.51 on March 19, the strongest level since March 10. It was little changed at 90.52 per dollar. Merkel on ‘Illusions' European Union leaders must not create "illusions" for markets by building expectations for Greek aid, Merkel said in an interview with Deutschlandfunk that aired yesterday. Her remarks came after Greek Prime Minister George Papandreou and European Commission President Jose Barroso said the EU should spell out its rescue plan at the March 25-26 summit in Brussels. "Ahead of the EU summit, concerns about Greece's funding difficulties are expected to weigh on the euro," said Danica Hampton, a senior markets strategist at Bank of New Zealand Ltd. in Wellington. "Meantime, the dollar will likely remain firm as investors fret about how the global economy will cope with further stimulus removal." John Lipsky, first deputy managing director of the International Monetary Fund, said advanced economies face "acute" challenges in tackling public debt Unwinding existing stimulus measures won't come close to bringing deficits back to prudent levels, Lipsky said in a speech yesterday at the China Development Forum in Beijing. All Group of Seven countries but Canada and Germany will have debt- to-GDP ratios near or exceeding 100 percent by 2014, he said. Asian Currencies Fall Asian currencies fell versus the greenback, led by Malaysia's ringgit and New Zealand's dollar, on speculation central banks in the region will raise interest rates this year, curtailing an economic recovery. The Reserve Bank of India's decision to raise the benchmark reverse repurchase rate to 3.5 percent from a record-low 3.25 percent and the repurchase rate to 5 percent from 4.75 percent came a month before its scheduled monetary policy meeting. Policy makers said containing inflation became "imperative" after the wholesale-price inflation rate reached a 16-month high of 9.89 percent last month. "Risk aversion has come up after developments in India and Greece," said Henrik Gullberg, a fixed-income strategist in London at Deutsche Bank AG, the world's biggest foreign-exchange trader. "Any exiting of the current accommodative policy stance is bad for risk appetite and good for the dollar." http://www.businessweek.com/news/2010-03-22/yen-reaches-week -high-versus-euro-on-rate-outlook-stock-losses.html Jai NTR, Jai Jai TDP |
