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Euro zone crisis: Govt worried over fate of forex, bank assets deployed abroad
New Delhi: The admissibility opportunity of a major erosion in the value of Indian fiscal assets amounting to $ 300 billion deployed in developed countries has started ringing uneasiness bills in the government in the wake of persisting euro zone woes and downgrading of countries like the US, France and several developed nations.Indian Policy Advisors Discourage Buying Gold
The Conference made the recommendation in its review of the economy that the regulation discourage gold purchases and as contrasted with provide incentives for investment in economic assets because gold accentuates the known account deficit and hence, import of the yellow metal is unsustainable.
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Falling Re: Gold is the safest investment bet now
The Rupee's southward pitch, to its lowest level against the dollar, has set off alarm bells all around, but the currency's travails are but a mirror of what is ailing the Indian succinctness these last two years. In response to the fall, on a day when the
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Falling $A no cause for alarm - yet It rebounded during the afternoon but currency broker Tony Darvall, of Easy Forex, says the Australia dollar should set to 98 US cents by the end of May. Harvey Norman chairman Gerry Harvey was unconcerned about the weakening Aussie dollar, |
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Crime Shock In grave incident, Martin Oja, a Forex dealer was shot in the arm and about Shs 300 million robbed from him. Margaret Bilavu, a vendor at the brouhaha in the downtown Kampala City Arua Woodland area was killed in the incident. |
