Rubble sets the best performance on oil increase and tax payments

Source: Bloomberg
The Russian Ruble advanced by 0.3% to 34.9178 versus Bank Rossii' basket by midday trading session in Moscow on Wednesday. That was the biggest gain since 8th of January. Investors purchased the Rubble as crude oil price increased and domestically based companies bought the currency to cover tax liabilities.
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Wed, 20 Mar 2013 17:45:08 GMT

Canadian Dollar is slightly changed ahead new from Cyprus

The Canadian Dollar, also known as the loonie, was little changed at 1.0268 per U.S. Dollar in the morning of Toronto trading session on Wednesday. The loonie fluctuated, as traders wait for more information about potential solution in Cyprus. The Cyprus' Parliament rejected a levy on bank deposits and German Chancellor said that country must take measures to change its banking system.

Thu, 21 Mar 2013 07:26:09 GMT

Bovespa Index declines on iron producer's loss

The Bovespa Index was lower by 1% to 56,389.48 points by midday trading session in Sao Paulo on Tuesday. The index was led by iron-ore producer Mineracao & Meralicoss SA, which posted a bigger loss than analysts estimated in a fourth quarter. Also, the index is dragged down by a weak situation in Brazilian market, as 32 of 46 companies missed earnings

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