Jan. 26 (Bloomberg) -- The yen rose against the dollar, approaching the strongest level in 13 years, on speculation a prolonged global recession will spur demand for Japan’s currency as a haven. The yen also rose toward a seven-year high versus the in Stock and Shares News
A brutal currency market continues to baffle India Inc. Losses due to exchange rate fluctuations and wrong hedging calls have widened in the quarter ended December ’08. Around 30 companies have so far reported a combined forex loss of Rs 3,742 in Stock and Shares News
Russia, the world's second largest oil exporter and holder of the world's third-largest forex reserves, is spending its way out of its worst economic downturn in a decade with the economy expected to shrink 0.2 percent this year. Despite the downturn in Stock and Shares News
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