Australian Dollar remains unchanged on Cyprus decision

Note: This section contains information in English only.
Source: Bloomberg
The Australian Dollar, also known as the Aussie, was slightly changed to $1.0376 in the end of Sydney trading session on Wednesday. The Aussie remained lower after the biggest drop in a week, as Cyprus rejected a bank deposit levy. The decision snapped demand for risky assets, as the uncertainty in Europe persists, attracting more money for safe haven securities.
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Wed, 20 Mar 2013 11:56:15 GMT

Won drops to six-month low on government plans

The South Korean Won depreciated by 0.5% to 1,116.20 per U.S. Dollar in Seoul session on Wednesday. The currency reached 1,119.95 level during trading hours, which was the weakest point since 27th of September. Investors were willing to sell the Won, as the government said that it will consider measures to restrain capital flows and reduce volatility in the market,

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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