LONDON, May 15 (Reuters) – Deutsche Bank , the biggest bank in the foreign exchange market, has launched an online currency trading platform targeting the booming retail sector, the first big investment bank to target individuals.
Brazil’s Currency Declines to Six-Week Low Against U.S. Dollar (Bloomberg.com)
May 15 (Bloomberg) — Brazil’s currency fell to a six-week low against the dollar in early Sao Paulo and Rio de Janeiro trading. The real fell 1.8 percent to 2.1820 per dollar at 8:23 a.m.
Deutsche Bank launches online forex trading for retail investors (Market Watch)
LONDON (MarketWatch) — Deutsche Bank AG (DB) said Monday that it has launched dbFX, an online currency trading system aimed at individual retail investors.
China agrees to let its currency appreciate rapidly (India Daily)
China set a key trading benchmark for the yuan, signaling that Beijing will allow its currency to appreciate more rapidly.
US$ trading at P51.83 and P52.15 range, stocks down (ABS-CBNNEWS.com)
The US dollar was trading between P51.83 to P52.15 early Monday. Volume transactions amounted to $343.18 million. The peso bucked a trend of regional currency strength on Friday when it dipped to a two-week low at 51.71 against the US dollar due to the demand for the US currency from oil importers.
Gulf Air set to receive $138m (Gulf News)
Manama: Gulf Air will receive a 50 million Bahraini dinar ($138 million) injection to help the Bahrain-based carrier restructure its business processes and combat rising fuel prices, an official said on Sunday.




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