Saturday September 04 , 2010
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Economy

Daily Exchange rates, Pakistani Rupees per US Dollar...

Forex

Daily Exchange rates, Pakistani Rupees per US Dollar. Pakistani rupee's slide to a new record low against US Dollar. Time period shown in below diagram: Feb, 20, 2008 - Dec, 31, 2009

Daily Exchange rates, Pakistani Rupees per US Dollar...

 

 

According to PPP, by how much are major currencies overvalued or undervalued?

Forex

The World's major currencies listed below are compared to the US Dollar. A green bar indicated that the local currency is overvalued by the percentage figure shown on the axis; the currency is thus expected to depreciate against the US Dollar in the long run. A red bar indicates undervaluation of the local currency; the currency is thus expected to appreciate against the US Dollar in the long run.

 PPP of a currency with its actual exchange rate relative to the US Dollar
   

Swedish Krona to Rally From Worst in 4th Quarter...

Economy

The Swedish krona, the worst performer among the 16 biggest currencies this quarter, will rebound in 2010 as the economy recovers and interest rates rise, according to some of the largest foreign-exchange traders.

UBS AG has made betting on krona gains versus the euro one of its top trades for next year and Deutsche Bank AG sees it rising 6.6 percent versus the euro by the end of March.

Read more: Swedish Krona to Rally From Worst in 4th Quarter...

   

Japan’s Industrial Production Rises 2.6% on Exports...

Economy

Japanese manufacturers increased output at the fastest pace in six months in November, supporting the nation’s recovery from its deepest postwar recession. Factory production rose 2.6 % last month after climbing 0.5 percent in October 2009.

Japanese Trade Ministry said today in Tokyo. “We’re seeing continued strength in output,” said Hiroaki Muto, a senior economist at Sumitomo Mitsui Asset Management Co. in Tokyo. “Manufacturers will drive the recovery next year and help the economy avoid a double-dip recession.”

   

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Central Banks Interest Rates

US       0.25%
UK 0.5%
EMU / EURO 1%
Japan 0.1%
Switzerland 0.25%
Canada 0.25%
Australia 3%
New Zealand 2.5%
Sweden 0.25%

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Gold Future and Spot

Gold rates, gold trading

Gold prices slipped a little lower last night influenced by technical selling...  2010-03-10  Read More

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