Presco Plc, a company quoted in the Agricultural sector of the Nigerian Stock Exchange has said that it is expecting improved performance in its activities in 2013. This, the company said in a statement on Tuesday, was as a result of various strategic investments undertaken over the past few months. […]
Author: InvestAdvocate
China banks buy $18.5bn FX for clients
Chinese banks bought more foreign currency than they sold for clients in November, leading to a net purchase of $18.5bn in foreign exchange in over-the-counter transactions, figures from the State Administration of Foreign Exchange showed on Monday. Reuters reported that it marked a sharp increase from a net purchase of […]
FOREX-Dollar slides in thin trading; yen weakens as well
The dollar skidded on Monday in thin trading as investors locked in profits ahead of the Christmas holiday, although losses could be limited by continued uncertainty about the ongoing U.S. budget talks to avert a toxic mix of higher taxes and spending cuts. The greenback tends to benefit as a […]
