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Tuesday November 24, 2009
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Currency Revaluation News is an EIN News Service for finance industry professionals. Constantly updated news and information about finance.
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Latest Currency Revaluation News

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  • Yuan ends up, but trades lower than c.bank rate 24 Nov 2009 11:52 GMT
    ... * Capital controls cause dollar shortfall despite FX reserves * Yuan appreciation ... reference rate slightly higher, but the Chinese currency traded below the central bank's rate due ... the market to more speculation about yuan revaluation expectations although the PBOC keeps a grip ...

  • Dubai's Union Properties may take Q4 revaluation loss 24 Nov 2009 15:53 GMT
    ... the last two quarters, may take a revaluation loss on its property portfolio and provisions ... The theme park, part of the multi-billion dollar MotorCity project in Dubai, was suspended in February. ...

  • Severn Trent PLC Half-yearly Report 24 Nov 2009 07:54 GMT
    ... 19.0 Like for like businesses in constant currency 160.4 170.3 (5.8%) Six months ended 30 ... currency swaps to convert the proceeds to sterling. The effect of these swaps is that ... This broadly eliminates the impact of the revaluation of the debt which results from hedge ...

  • Pimco's Bill Gross: Anything but .01% 24 Nov 2009 03:44 GMT
    ... 60-70% from their 2009 lows, a cascading dollar now 15% lower against a basket of global currencies just 12 months ago, oil at 80 ... a utility model, why suffer the transformational revaluation risk of equities with such a low ...

  • Frutarom's Net Profit Increased by 6.3% - to US$ 10 M 24 Nov 2009 08:21 GMT
    ... nine months of the year were mainly affected by the following factors: - material revaluation in the US dollar rate compared to the European currencies and the NIS, in which most of the Company's sales are made - the ...

  • Frutarom's Net Profit Increased by 6.3% - to US $10 M 24 Nov 2009 15:22 GMT
    ... nine months of the year were mainly affected by the following factors: - material revaluation in the US dollar rate compared to the European currencies and the NIS, in which most of the Company's sales are made - the ...

  • Frutarom's Net Profit Increases 6.3% in Q3 24 Nov 2009 09:06 GMT
    ... a decrease of approximately 1.6% in local currency terms compared to the third quarter of ... the first nine months of 2008. The revaluation in the US$ rate compared to the ...

  • Frutarom results herald more acquisitions next year 24 Nov 2009 12:55 GMT
    ... of about 1.6 per cent in local currency terms in contrast to the same period ... months of year were influenced by the revaluation in the US $ rate compared with ...

  • Estonia euro adoption 'possible' in 2011, says EU's Almunia 23 Nov 2009 14:53 GMT
    ... on Sunday defended tying the Jordanian national currency, the dinar, to the US dollar, saying the policy proved helpful for national ... Monetary Fund (IMF) on Friday predicted a revaluation of major Asian currencies against the dollar ...

  • UAE faces new hot money threat 23 Nov 2009 16:55 GMT
    ... economists warn. Rising oil prices, the weakening dollar and an anticipated return of regional growth ... and rekindle the debate about whether regional currencies should remain pegged to the American currency. ... that the dirham would be revalued. The revaluation did not happen and the financial crisis ...

  • Evogene Reports Third Quarter 2009 Financial Results 23 Nov 2009 05:34 GMT
    ... million of non-cash financial expenses due to revaluation of certain non-employee options, primarily options issued ... implied by such forward-looking statements. BALANCE SHEETS Dollar in thousands (except per share As of ... 2,123 (7,142) (3,014) (9,441) Other Comprehensive income: Currency translation adjustment of financial statement 293 - ...

  • Passing the point of no return 23 Nov 2009 08:13 GMT
    ... addition, and importantly, China may abandon its dollar peg within six months' time and with ... mainland. With renewed upward appreciation of the yuan may come potentially volatile global asset price ... a utility model, why suffer the transformational revaluation risk of equities with such a low ...

  • How to redirect China's hurtling economy 23 Nov 2009 05:30 GMT
    ... on track. Trade spats between the two, US pressure for China to allow the revaluation of its currency against the dollar and Chinese criticism of US economic policy led to some frosty body language between ...

  • Obama's Nice Guy Act Gets Him Nowhere on the World Stage 23 Nov 2009 12:50 GMT
    ... promising respect instead of arrogance. But Obama's currency isn't as strong as he had believed. ... China to reduce greenhouse gas emissions. A revaluation of the Chinese currency, which is kept ... up its government finances, and the weak dollar is unacceptable, the head of the Chinese ...

  • China's currency: A yuan-sided argument 18 Nov 2009 23:14 GMT
    ... China resists foreign demands to revalue its currency PRESIDENT Barack Obama, on his first visit ... yuan to rise by 21% against the dollar in the three years to July 2008, ... Ministry of Commerce, do not favour a revaluation right now. Indeed, Chinese officials have become ...


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