Rupee countinues to decline

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
The Indian Rupee declined, heading towards a ninth week of consecutive depreciation. Losses continue to mount as investors pull money out of the country due to its current-account deficits. The comments by the Fed about the early end of its QE, which lead to funds flowing in developing countries, contributed to the Rupee's weakening. The currency dropped 1.5% this week against the U.S. Dollar.
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Fri, 05 Jul 2013 06:45:04 GMT

Australian and New Zealand Dollars drop

The New Zealand and Australian Dollars did not continue yesterday's appreciation against the U.S. Dollar before the U.S. announces its labour market data. The Aussie gained yesterday amid comments about loose monetary policy from the ECB and the BOE. The Australian currency lost 0.1% and traded at 91.35 U.S. cents, while Kiwi Dollar dropped 0.2% to 78.13 U.S. cents.

Thu, 04 Jul 2013 13:22:04 GMT

Spanish bonds fall for third day after demand drops at five-year auction

Spanish government bonds declined, with 10-year notes retreating for the third day in a row, as demand fell at a sale of the Spain's five-year securities. Spanish five-year bond yield advanced six basis points and the 4.5% security expiring in January 2018 dropped to 103.685. The 10-year note yield jumped three basis points to 4.80%.

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