In addition,
International Monetary Market data indicated a reduction in net long euro positions over the quarter.
Short-term speculators on the
International Monetary Market only slightly trimmed their net long Australian dollar positions, but slashed their net long euro positions and nearly trebled their net long yen positions, data up to Sept 1 showed.
Short-term traders on the
International Monetary Market only slightly trimmed their net long Australian dollar positions, but slashed their net long euro positions and nearly trebled their net long yen positions, data up to September 1 showed.
Abu al-Naga will also follow up on the developments in the local and
international monetary markets, approve the products offered by banks operating in the local market, and contribute to the implementation of the economic reform programme.
In the
international monetary markets, the green-back posted highest rise vis a vis the yen since seven years ago; buoyed by fresh US reports indicating that up to 230,000 new jobs are available in the United States of America, while unemployment has stabilized at 5.8 percent.
Roy Bichan says there is no way that the area can escape the impact of the turmoil in
international monetary markets.
An examination of
international monetary markets and of the efforts to establish international monetary system is found in Part Four.
