UPDATE 2-Nigeria forex mkt freezes as dollar supply dwindles (The Forex Market)

3 Dec 2008 at 11:42am  LAGOS, Dec 3 (Reuters) - Nigeria's interbank foreign exchange market has effectively shut down, dealers said on Wednesday, as dollar supply dwindles and it waits to see if the central bank will allow the local currency to fall further.

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Nigeria forex market freezes as dollar supply dwindles: dealers - Reuters Sou...

3 Dec 2008 at 9:23am 

Javno.hr

Nigeria forex market freezes as dollar supply dwindles: dealers Reuters South Africa, South Africa - 5 hours ago ... markets strategist at Standard Bank. "But it is critical for the confidence of all investors in Nigeria for the forex market to remain open," he said. Nigeria?s Naira Slumps 3.1% as Central Bank Limits Dollar Sales Bloomberg all 19 news articles

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Movers: Freeport-McMoRan, Constellation Energy, RIM - BusinessWeek

3 Dec 2008 at 9:11am 

Movers: Freeport-McMoRan, Constellation Energy, RIM BusinessWeek - 5 hours ago Research In Motion Limited (RIMM) sees third quarter revenue of $2.75-$2.78 billion, vs. previous forecast of $2.95-$3.10 billion due to forex, ...

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Citic Pacific shares tumble as forex bet exposure grows (TODAYonline)

3 Dec 2008 at 5:57am  A pedestrian walks past the Citic Tower headquarters of Citic Pacific in Hong Kong, October 2008. Shares in Chinese investment firm Citic Pacific fell sharply after it said losses from failed foreign exchange bets were larger than previously estimated.

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Citic Pacific shares tumble as forex bet exposure grows - AFP

3 Dec 2008 at 5:30am 

TopNews

Citic Pacific shares tumble as forex bet exposure grows AFP - 9 hours ago ... statement issued late Tuesday it will pay 9.1 billion dollars to its parent, Citic Group, for taking on liabilities arising from some forex contracts. ... HK shares slide nearly 5 pct, led by HSBC Forbes all 242 news articles

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Citic Pacific shares tumble as forex bet exposure grows (AFP via Yahoo! News)

3 Dec 2008 at 5:25am  Shares in Chinese investment firm Citic Pacific fell sharply Wednesday after it said losses from failed foreign exchange bets were larger than previously estimated.

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Forex reserves dip for 9th straight week, touches $246 b (The Economic Times)

3 Dec 2008 at 4:33am  Foreign exchange reserves dipped $550 million for the ninth consecutive week largely on account of revaluation of non-dollar assets in the forex kitty.

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