India's currency is all-time low against USD

Note: This section contains information in English only.
Source: BBC
© Scanpix/AP

India's currency rupee declined to all-time low against USD forcing the local companies to buy dollar despite worries about global crisis. The rupee decreased to 52.50 to the USD on Tuesday, raising fears about new inflation. At the moment inflation in India has fallen by 14% since the beginning of 2011. Recent decline in the rupee value adds to market uncertainty in the country.

Back to articles

Actual Topics

Tue, 22 Nov 2011 13:52:04 GMT

LDK Solar experiences loss

LDK Solar Co., the Xinyu City, China, producer of solar energy products reports about loss in Q3 caused by decline in sales by 30%.The loss is estimated as $114.5 million compared to net profit of $93.4 million in the same period in 2010. The demand was lower than anticipated, said Xiaofeng Peng, Chief Executive. The total sales for the year projected by the company

Tue, 22 Nov 2011 14:00:26 GMT

South Korea to open trade borders to US

South Korea ratified a free-trade agreement with US. The vote on the agreement was organized promptly to escape debates with opposition parties. The trade agreement was accepted by US lawmakers and signed by Barack Obama last month and is expected to come into force in the beginning of the next year.

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request)
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request).
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.