Asian shares follow upward trend on Monday

Note: This section contains information in English only.
Source: Marketwatch
Asian stock markets mostly closed with gains on Monday on China's announcement it has lowered the reserve requirement ratio to 20.5% for large lenders. Japan's Nikkei Stock Average added 1.08%, South Korea's Kospi traded close to flat or 0.07% higher whereas Australia's S&P/ASX 200 index rallied 1.44%. Meanwhile Shanghai Composite Index gained 0.27% while Hong Kong's Hang Seng Index was the only decliner among main Asian indexes, dropping 0.3%.
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Mon, 20 Feb 2012 10:29:06 GMT

US Dollar depreciates on China easing and Greek hopes

The Greenback weakened against 17-nation currency and other important counterparts on speculation Monday meeting will bring a solution to Greek troubles. Depreciation was fuelled by China's decision to cut its reserve requirement ratio. ICE Dollar index lost 0.28% and declined from 79.334 to 79.082 during late American trade on Friday. Euro gained 0.12% against its US peer to USD 1.3216. Currently EUR/USD

Mon, 20 Feb 2012 10:06:31 GMT

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