Foreign Exchange News

MOSCOW (AFX) - The rouble traded at 26.77 roubles per US dollar on foreign exchange markets here, against 26.80 on Friday. Against the euro, it traded at 34.25 conpared with 34.21 on Friday. Volume traded was 715.7 mln usd, against 1.2 bln usd on Friday, and in euros was 20.8 mln eur compared with 29.6 mln eur last time. newsdesk@afxnews.com afp/jfr/cml COPYRIGHT Copyright AFX News Limited 20 ...

SHANGHAI (XFN-ASIA) - The yuan ended at 7.9709 to the dollar on the over-the-counter (OTC) market, compared to a close of 7.9763 last Friday, traders said. The yuan traded between 7.9686 and 7.9735, according to a dealer with a domestic bank. On the exchange-traded market, which closed at 3:30 pm, the yuan ended at 7.9693 to the dollar. The central bank set a central parity rate of 7.9719 to th ...

SHANGHAI (XFN-ASIA) - The yuan ended at 7.9693 to the dollar on the exchange-traded market, against Friday's close of 7.9768, traders said. The central bank set a central parity rate of 7.9719 to the dollar before the start of trading, compared with Friday's 7.9715. The People's Bank of China allows a trading band of 0.3 pct on either side of the midpoint. The day's last trading price of 7.9693  ...

(Updates with further details on monetary developments) FRANKFURT (AFX) - Euro zone M3 money supply grew 7.8 pct year-on-year in July, down from an 8.5 pct growth rate in June, the European Central Bank said. Economists polled by AFX News had forecast a faster July growth rate of 8.3 pct. The three-month average of the annual growth rate of M3 over the May-July period stood at 8.3 pct, compared ...

SINGAPORE (XFN-ASIA) - The US dollar was lower in afternoon trading here, succumbing to accelerated gains in the euro, which had hit a new record high against the yen earlier in the Asian session, dealers said. At 3.30 pm (0730 GMT) here, the dollar was at 117.01 yen, down from 117.12 yen in Tokyo 4-1/4 hours earlier. The euro was at 1.2813 usd, up from 1.2775 usd in Tokyo. The euro had made a s ...

FRANKFURT (AFX) - Euro zone M3 money supply grew 7.8 pct year-on-year in July, down from an 8.5 pct growth rate in June, the European Central Bank said. Economists polled by AFX News had forecast a July growth rate of 8.3 pct. The three-month average of the annual growth rate of M3 over the May-July period stood at 8.3 pct, compared with a growth rate of 8.7 pct in the April-June period. Economi ...

BEIJING (XFN-ASIA) - China's National Foreign Exchange Center said the central bank has set the yuan central parity at 7.9719 to the dollar. The rate, published on the official Chinamoney website, compares with a midpoint of 7.9715 set the previous trading day. The People's Bank of China started setting a daily central parity rate on Jan 4. On July 21, 2005, China freed the yuan from an 11-year ...