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Africa FOREX News is an EIN News Service for FOREX trading professionals. Constantly updated news and information about Africa FOREX Trading.
- CBN move dampens rise in Nigerian interbank rates 7 Nov 2009 01:16 GMT
... Nigerian interbank lending rates climbed to 5.83 percent ... by the central bank, while funding for forex purchases drained some liquidity in the system. However, ...
- Third quarter characterized by large fiscal deficit, lower licensed investment projects 7 Nov 2009 09:38 GMT
... During the third quarter of 2008/09, quarterly headline ... one of the under-banked countries in Sub-Saharan Africa as the people-to-bank ratio still remains high ... million, showing a 15 percent drop in foreign exchange earnings from coffee – the main export ...
- China a big winner in carbon credit game 7 Nov 2009 03:37 GMT
... China a big winner in carbon credit game ... third-largest economy with 2.27 trillion dollars in foreign exchange reserves, is really the country most in ... percent of the registered projects are in Africa. Thanks to concerted efforts by authorities, China ...
- CBN move dampens rise in interbank rates 7 Nov 2009 07:39 GMT
... Nigerian interbank lending rates climbed to 5.83 percent ... by the central bank, while funding for forex purchases drained some liquidity in the system. However, ...
- Financial: S. Africa Gross Reserves Increase In October 6 Nov 2009 07:56 GMT
... and conditions. Before deciding to invest in foreign exchange you should carefully consider your investment ... financial advisor if you have any doubts. Forex (or FX or off-exchange foreign currency futures ...
- SA net forex reserves increase by 2,3% 6 Nov 2009 07:15 GMT
... South Africa’s net gold and foreign exchange reserves increased by 2,3% to $38,784 billion at the end of October from $37,914 ...
- UPDATE 1-S.Africa's central bank continues building reserves 6 Nov 2009 07:34 GMT
... JOHANNESBURG, Nov 6 (Reuters) - South Africa's net gold and foreign exchange reserves rose 2.3 percent to $38.784 billion in October, largely on a jump in ...
- S. Africa Gross Reserves Increase In October 6 Nov 2009 07:19 GMT
... S. Africa Gross Reserves Increase In October (RTTNews) - ... from US$4.02 billion in September, while the foreign exchange reserves climbed to US$35.6 billion from US$39.1 ...
- otcstockexchange.com: Make Money With Our Stock Picks! Sign Up Now! ONNN : ON Semiconductor shares rise on 3Q profit, 4Q view 6 Nov 2009 10:19 GMT
... otcstockexchange.com: Make Money With Our Stock Picks! Sign ... industrial business and the negative impact from foreign exchange rates. We continue to demonstrate the scalability ... million increase in operating income in West Africa driven by increased rates and a favorable ...
- Make Money With Our Stock Picks! Sign Up Now! ONNN : ON Semiconductor shares rise on 3Q profit, 4Q view 6 Nov 2009 13:20 GMT
... Make Money With Our Stock Picks! Sign Up Now! ... industrial business and the negative impact from foreign exchange rates. We continue to demonstrate the scalability ... million increase in operating income in West Africa driven by increased rates and a favorable ...
- 'Pick Up Your Money With Your Groceries' 6 Nov 2009 22:57 GMT
... Rome — Of the many proposals on how to combat poverty in Africa, the United Nations' International Fund for Agricultural ... to offer remittance services to banks and foreign exchange bureaus or banks only. Just letting MFIs ...
- Lafarge: Results as of September 30, 2009 6 Nov 2009 07:31 GMT
... RESULTS CONTINUE TO BE IMPACTED BY ECONOMIC SLOWDOWN ... quarter -- Sales impacted by lower volumes, foreign exchange and scope effect -- Overall volume and ... in key markets of the Middle East, Africa and Asia. -- Current operating income -20% ...
- Lafarge: Results as of September 30, 2009 (BIZ) 6 Nov 2009 07:32 GMT
... -- Sales down 15% to EUR12,243m -- Net income ... quarter -- Sales impacted by lower volumes, foreign exchange and scope effect -- Overall volume and ... in key markets of the Middle East, Africa and Asia. -- Current operating income -20% ...
- PRESS RELEASE: Lafarge: Results as of September 30, 2009 6 Nov 2009 09:58 GMT
... PRESS RELEASE: Lafarge: Results as of September 30, ... quarter -- Sales impacted by lower volumes, foreign exchange and scope effect -- Overall volume and ... in key markets of the Middle East, Africa and Asia. -- Current operating income -20% ...
- Willbros Reports Profitable Third Quarter 2009, Increased Backlog and Improved Visibility for 2010 6 Nov 2009 14:57 GMT
... -- Third quarter results reflect: -- Positive performance in ... and construction projects in North American, North African, Middle Eastern and Australian markets are characterized ... (23,943) Financing activities (2,836) (14,181) (32,203) (41,616) Foreign exchange effects 2,580 74 3,145 (499) Discontinued operations ...
- Geokinetics Reports Third Quarter 2009 Results 6 Nov 2009 02:50 GMT
... Geokinetics Inc. (NYSE Amex: GOK) today announced financial ... two crews operating in Angola, Cameroon and Egypt. The Company's OBC crew in Angola operated ... 510 Interest expense (1,244) (1,946) (4,526) (5,009) Foreign exchange gain (loss) 1,169 668 1,299 483 ...
- A gem of an asset class? 6 Nov 2009 12:22 GMT
... We are at the end of an exceptionally long ... Russia, Georgia, Ukraine, Pakistan, Thailand, Turkey, South Africa, Zimbabwe, Zambia and so on. It's too ... its war chest of over $500bn in foreign exchange reserves (versus $60m when it defaulted in ...
- Ajinomoto H1 FY09 Net Income Increases 6 Nov 2009 09:48 GMT
... In the interim period under review (April 1, 2009 ... use increased substantially, but the impact of foreign exchange rates kept revenue from sales at the ... of foreign exchange rates. In Europe and Africa, sales decreased due to the impact of ...
- AES Reports Strong Third Quarter Results and Increases 2009 Full Year Earnings and Free Cash Flow Guidance (BIZ) 6 Nov 2009 14:30 GMT
... "The strong quarterly performance was driven by higher margins ... primarily due to the unfavorable impact of foreign exchange rates, as well as lower volumes at ... $908 million or $1.31. Amount includes: South African Peakers development cost write-off of $11 (5) ...
- AES Reports Strong Third Quarter Results and Increases 2009 Full Year Earnings and Free Cash Flow Guidance 6 Nov 2009 14:31 GMT
... -- Diluted EPS from Continuing Operations up 27% to ... primarily due to the unfavorable impact of foreign exchange rates, as well as lower volumes at ... $908 million or $1.31. Amount includes: South African Peakers development cost write-off of $11 (5) ...
- Stream Global Services Announces Financial Results for Three Months Ended September 30, 2009 6 Nov 2009 00:18 GMT
... Stream Global Services Announces Financial Results for Three ... global footprint, including North America, Latin America, Africa, Europe, India and the Philippines. With approximately ... financial costs 2,731 533 8,240 (2,952) Realized foreign exchange gains (283) 265 1,466 397 Restructuring severance ...
- Gross reserves up 6 Nov 2009 09:19 GMT
... Net gold and foreign exchange reserves rise 2.3%. JOHANNESBURG (Reuters) - South Africa's net gold and foreign exchange reserves rose 2.3 percent to $38.784 billion in October, ...
- International Student Exchange 6 Nov 2009 22:43 GMT
... Did you ever think about going abroad or having ... it would be like. She was a foreign exchange student when she was a teen-ager, ... Exchange brings students from Bolivia, Brazil, Columbia, Egypt, Germany, India, Italy, Japan, Mexico, Spain, Thailand, ...
- Key issues to watch at S.Africa cbank under Marcus 6 Nov 2009 09:58 GMT
... JOHANNESBURG, Nov 6 (Reuters) - Gill Marcus starts ... her term as Governor of the South African Reserve Bank (SARB) on Monday. Marcus, 60, ... rate and continue to build up its foreign exchange reserves when market conditions allow. Investors would ...
- Thomson Reuters posts drop in 3Q earnings 6 Nov 2009 09:58 GMT
... "While net sales began to improve in the ... while revenues in Europe, Middle East and Africa (EMEA) and the Americas were down 3% ... revenues, declines in transaction revenues (primarily spot foreign exchange) against very strong prior year period results ...
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