Yuan short sellers were squeezed in Hong Kong this week after interbank borrowing rates soared, the dollar weakened and Bloomberg News reported that Chinese policy makers are preparing contingency plans to support the exchange rate. The move widened the offshore yuan s premium over the onshore rate
4.51 PM Jan 6th
Fundamentals of Shanghvi is very very good. It`s profit before interest and depreciation is very very large compared to majority of listed Companies. Any marginal increase in income, more than 60% gets added to profit before tax. Secondly majority of assets have been acquired when exchange rate
8.46 PM Jan 5th
Visesh is sitting on a gold mine or rather diamond mine due to the fact that a Lisbon Bank, BancoEfisa has decucted in USD the INR equivalent is Rs. nearly 35 crores or USD 88,83,210.75 which arrives at a conversion rate of 39.40 !!!! anyways if calculated at current exchange rate of 67
4.59 PM Dec 21st 2016
Rate us ack to regular rate of around Rs.67=50 per dollar. Due to crude prices getting higher and also to sustain exports in bad international market, exchange rate cannot be stronger. In fact the company must have made decent profit due to weakened rate amongst strong export price...
4.41 PM Dec 13th 2016
Oracle Financial Services Software Ltd has informed BSE that due to significant devaluation of Egyptian Pound post the recent liberalization of the exchange rates by the Egypt Government, the Company is estimating a charge of INR 60 crores on its receivables from customers in Egypt during
5.21 PM Dec 5th 2016
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