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United's transfer cash waits for Juventus appeal verdict

LONDON, July 18 (Reuters) Manchester United's interest in the transfer market is on hold pending the outcome of Juventus's appeal against demotion in Italy's match-fixing scandal, manager Alex Ferguson said.

''We're working on several things and talking to several clubs.

We have made several enquiries for several players but we have held certain things back because of the Juventus situation,'' he was quoted as saying today.

''I think everybody will be looking at all the Juventus players.

(Patrick) Vieira, Gianluigi Buffon, Fabio Cannavaro, Lilian Thuram and Emerson are the ones that people will be focusing on,'' he told United's official web site during the team's tour of South Africa.

''Now we know where we're going in terms of making inquiries and maybe definite offers for one or two players,'' added Ferguson, who is looking to win the Premier League for the first time since 2003.

Juventus were relegated on Friday for their part in match-fixing. They are appealing against the verdict. If their relegation stands, they face the decimation of one of the world's most expensive squads.

REUTERS DH PM1750

Rupee strengthens by five paise closes at Rs 46.70/71/USD.

Mumbai, July 18: Indian Rupee today closed stronger by five paise at Rs 46.70/71 per US Dollar compared to the previous close of Rs 46.75 per US Dollar, said a trader in the money market.Rupee earlier opened at Rs 46.75/78/US Dollar and in the mid morning session traded at 46.72/73/US Dollar.RBI today fixed the Reference Rate at Rs 46.73/US Dollar.The six month forward premia was fixed at 1.2 per cent and the one year forward premia.....

Call rates traded at 5.75-5.85 pc; Bonds low

Mumbai, Jul 18 (UNI) Call rates today traded flat in the range of 5.75-5.85 per cent on account of strong liquidity flow in the market. RBI in the call money market on July 17 transacted Rs 13,912.44 crore at the weighted average of 5.83 per cent. In the first Liquidity adjustment RBI transacted Rs 29,810 crores through 25 bids at the rate of 5.75 per cent. RBI did not inject any money through the repo auction. Earlier,.....

Precious metals crash on bearish global advice

Mumbai, July 18 (UNI) Gold and silver suffered setbacks on sustained heavy offers by stockists in view of bearish global advice, traders at the Bombay Bullion Association today said. Standard gold (99.5 purity) and pure gold (99.9 purity) opened below the Rs 10,000-mark and quoted at Rs 9,895 for standard mint gold and at Rs 9,940 for pure gold per ten gm respectively. Both the yellow metals closed still lower at Rs 9,835 for standard gold.....
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