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Japan provides $100bn credit line to Japanese corporates

The Japanese authorities have stepped in again to stabilise volatility in the yen. The finanica Minisitr Yoshihiko Noda has unveiled a new plan that gives Japanese corporates credit lines upto $100bn when trading and investing abroad. This loans should have a reverse effect on the Yen as exports facing the crunch with the yen reaching […]

Indian Exchanges to charge commission on FX Futures

India’s largest financial exchange has finally started charging clients commission on currency futures contracts. Currency derivatives trading began in India in August, 2009. The NSE was the first player and two others MCX-SX and USE entered the market later. However, no charges were being levied since inception to boost demand and volumes. The MCX-SX will […]

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The Japanese authorities have stepped in again to stabilise volatility in the yen.

The finanica Minisitr Yoshihiko Noda has unveiled a new plan that gives Japanese corporates credit lines upto $100bn when trading and investing abroad.

This loans should have a reverse effect on the Yen as exports facing the crunch with the yen reaching new highs against the Greenback.

Central banks have been intervening to protect their currencies and economies suffering.

Grab your latest copy of the Forex Magnates Retail Forex Industry Report.

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