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The apex bank is expected to keep its key interest rate at 11 percent per annum due to volatility on the forex markets
traditional for December-January period, Alexander Kalinin, president of OPORA-Russia, said on Wednesday.
Give us a snapshot of the forex markets
today (a) globally (b) regionally?
were closed on Tuesday on account of 'Chhatrapati Shivaji Maharaj Jayanti'.
Some are wary of trading in forex markets
because there has been instances of online brokerages not offering transparent disclosures and training for their clients, and misleading them with 'get rich quick' promises.
monetary policy has triggered influx of hot money into Asia, stimulating upward movements of both Asian stock and forex markets
. Last Friday, the exchange rate of the NT dollar jumped to US$ 1=NT$ 29.375 in midsession before the intervention of the CBC, which curbed the scale of the appreciation.
The unit hit an intraday low of 53.96 against the dollar -- a level last seen in December -- which traders said likely prompted India's central bank to intervene in forex markets
to prevent the rupee breaching the key 54 level.
The seminar will cover topics such as "What is forex?", "How are rates determined and what impacts them?", "Who are the market players?", "When is the best and worst time to trade?", "Why trade forex?" and "How can I trade forex markets
?" To register for the seminar, send the word "FOREX" by SMS with your full name and email address to 99039677 or email your full name and number to .
RBI's role in forex markets
could not be ascertained.
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The author explains the fundamental mechanics of the forex markets
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