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Kiwi dollar ends lower |
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The kiwi dollar weakened to a 10-day low Friday after the dollar rose overnight.
At close, the NZ dollar was buying 62.98c, having dipped to 62.59c, its lowest since June 23, from 63.79c at close Thursday.
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The dollar rose against major currencies after bleak US jobs data renewed concerns about the economy and enhanced the greenback's safe-haven appeal.
At the local close today the NZ dollar was down to 60.45 yen from 61.60 at close Thursday and down to 0.4505 euro from 0.4517.
Against the Australian dollar, the NZ dollar dropped to a 2-1/2-week low around A78.70c overnight before improving to A79.07c at close from A79.30c Thursday. The trade weighted index fell to 59.66 from 60.16 Thursday.
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Russia may buy remaining 203 tonnes of IMF gold |
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Which country will not buy the remaining gold reserve from International Monetary Fund (IMF), following India's purchase of 200 tonnes of gold last week? Bullion analysts say China is set buy the remaining 203 tonnes of IMF gold. But China is not alo |
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Gold price peaks to Rs16,900 in India bullion market |
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Gold prices in India continue to peak. On Satruday, gold prices spiked to a new high of Rs 16,900 per 10 gram in the bullion market. Gold dealers said strong marriage season demand amid firmimg global trends are driving gold prices in India. |
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Sri Lanka shoring up gold reserves |
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The Gold Price in Euros peaked on Feb. 20th above €782 an ounce. "We have been fairly strong accumulators of Gold reserves over the past few months," said Sri Lankan central bank chief Ajith Nivard Cabraal to Reuters today in an interview from Chenna |
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Cardamom futures rose at the MCX counter Friday as the demand for the commodity in the spot market is seen firm against the lower than expected stockpiles. |
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MCX Comdex was up by 0.67% to 2687.20. MCX Energy was down by 0.98% to 2765.22, MCX Metal was up by 1.45% to 3130.30 and MCX Agri was up by 2.78% to 2182.39. |
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Domestic crude oil futures are trading with mild losses Friday as the impacts of the late sell of continued to linger on the market. |
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