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BB to limit forex rates for overseas exchange housesFinancial Express BangladeshThe central bank has decided to set a limit on the rates offered by the overseas exchange houses of the commercial banks while receiving remittances, officials said. Under the new provisions, the commercial banks will be allowed to offer a rate at …

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Moneycontrol.com

ED probing Bharti Airtel for suspected forex rule violationLivemintThe agency has initiated enquiries about “suspected contraventions of the provisions of the Foreign Exchange Management Act (Fema) by Bharti Airtel,” Namo Narain Meena, minister of state for finance, told Rajya Sabha on Tuesday. …India Probing Suspected Forex Violations by Bharti Wall Street JournalED ‘probing’ alleged forex violations by Bharti Airtel Hindu Business LineED probes Bharti Airtel for suspected forex violations domain-B Times of India  - Reuters  - Economic Timesall 24 news articles »

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CFTC Decision On Retail Forex Trading Effective As Of October 18, 2010Daily MarketsAfter months of speculation, the CFTC finally released the rules regarding retail foreign exchange (Forex) transactions. The rules implement provisions of …New CFTC Forex Trading Rules Call For 50:1 Leverage Forbes (blog)At OANDA, It’s Business as Usual After CFTC Leverage Ruling PR Newswire (press release)Will Foreign Forex Brokers Get “Gambling” Classification Forex Crunch (blog)all 22 news articles »

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webmaster@technorati.com wrote an interesting post today on
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FXstreet-com (London) – As we approach half way through the Asian session, Dollar is broadly trading softly, ahead of FED policy meetings on Tuesday and Wednesday. Markets will as usual be looking for tone and language when the Central Bank releases its provisions.

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Hindu Business Line

Rel Comm posts 51% decline in profits due to forex lossesEconomic TimesMUMBAI: Reliance Communications, the nation’s second largest wireless telephony company, on Saturday announced 51% decline in quarterly profit due to forex …rcom net halves to Rs 740 cr on provisions for forex losses Hindu Business LineR-Infra net up 6.2 per cent Business Standardrcom net drops 52 per cent Business Standardall 23 news articles »

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