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HKMA sells HK$3.88 bln to keep currency in trading band (Reuters via Yahoo! Philippines News)
HONG KONG, July 4 (Reuters) - Hong Kong's central bank, the Hong Kong Monetary Authority, injected HK$3.875 billion ($500 million) into the money market in New York trading on Friday to stem an appreciating Hong Kong dollar and keep it within its fixed trading band.
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How trading from home at 2am led to oil price spike (Financial Times)
The story of what triggered almost $10m (?7m) of losses on the Brent oil market on Tuesday is still being pieced together, but one thing is clear: Steven Noel Perkins, the broker accused by bosses at PVM Oil Associates of "unauthorised trading", made his trade at a very unusual time.
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'MRAs can help exporters to get faster clearances for trading in pharmaceuticals' (PharmaBiz)
The Mutual Recognition Agreements (MRAs) can help the Indian pharma exporters a lot in assuaging regulatory clearances for trading in drugs and other pharmaceutical products.
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Standard Bank?s Kenyan Unit Bonds to Begin Trading on July 16 (Bloomberg)
July 3 (Bloomberg) -- Standard Bank Group Ltd.?s Kenyan unit said it will begin trading 2.5 billion shillings ($33 million) of bonds on the Nairobi Stock Exchange on July 16.
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(AFX UK Focus) 2009-07-04 03:23 HKMA sells HK$3.88 bln to keep currency in trading band (Interactive Investor)
HONG KONG, July 4 (Reuters) - Hong Kong's central bank, the Hong Kong Monetary Authority, injected HK$3.875 billion ($500 million) into the money market in New York trading on Friday to stem an appreciating Hong Kong dollar and keep it within its fixed trading band. According to data on Reuters page, the latest intervention will lift the aggregate balance -- the sum of balances on clearing ...
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