Bahrain, Kuwait, Saudi Arabia Cut Interest Rates
Thursday, January 31st, 2008
GCC states — Bahrain, Kuwait and Saudi Arabia — decided to cut their deposit rates from 3.50% to 3.00% today, following the yesterday’s interest rate cut by the Federal Reserve.

The
The majority of Forex traders expected that the
The Singapore dollar rose today during the Asian Forex trading session as the market analysts expected the
The government of Dubai, U.A.E. largest emirate, is against the currency revaluation and is pro dirham’s peg to the U.S. dollar, according to
With almost every day on Forex being bullish for the Chinese yuan, today it continued its appreciation against other major currencies and particularly against the U.S. dollar, which is now in a bearish trend after the latest
Euro stood stronger against the U.S. dollar and the Japanese yen on Forex market after the
The Australian dollar gained yesterday after the
Today, the