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USD, Pound, Yen, Euro south bound

Mumbai, Mar 7 (UNI) Following are the indicative currency notes and travellers' cheques buying and selling rates per unit as supplied by Thomas Cook India here today.

(Figures in Rupees) Currencies Buy Sell US dollar 42.40 46.50 Sterling pound 81.95 89.20 Euro 55.35 60.75 Australian dollar 33.20 35.65 Bahrain dinar 111.35 123.80 Canadian dollar 35.45 39.05 Danish kroner 7.25 8.20 Egyptian pound 6.00 8.30 Hongkong dollar 5.30 6.10 Japanese yen/100 36.10 39.10 Jordan dinar 56.40 64.10 Kuwait dinar 140.60 159.70 Malaysian ringgit 11.55 13.70 New Zealand dollar 28.25 31.90 Norwegian kroner 6.65 7.50 Omani rial 109.00 121.25 Qatar rial 11.55 12.80 Saudi rial 11.20 12.40 Singapore dollar 26.90 31.10 South african rand 5.40 6.25 Swedish kroner 5.85 6.60 Swiss francs 34.40 38.10 Syrian pound 0.45 0.90 Thai baht/100 117.35 135.10 UAE dirham 11.45 12.70 Chinese yuan 4.65 6.00 UNI NVVD GB AW1242

Indo-US business opportunities poised for higher growth

Kolkata, Mar 07 (UNI) Close economic relation between India and the USA has resulted in the growth of bilateral trade between the two largest democracies by 99 per cent to 21 billion dollars per annum since 2003-04, surpassing previous records. This was disclosed here today by(Retd)Lieutenant General Dan Christman, Senior Vice-President,American Chamber of Commerce at the inauguration of an Indo-US Economic Cooperation meeting,organised under the aegis of Confederation of Indian Industry(CII),Eastern Region. Leading a ten-member high power business delegation from.....

DBS Chola MF launches Hedged Equity Fund

Kolkata, Mar 7 (UNI) DBS Chola Mutual Fund today launched its open ended fund- 'DBS Chola Hedged Equity Fund' to generate long term capital appreciation by investing in equity, equity related and derivative instruments. The fund seeks to minimise risk by use of hedging tools such as index and stock derivative instruments. Aiming at generating returns with lower volatility, the new fund offer was opened for subscription from March 1 and will close on March 23. Speaking on the occasion, DBS.....

Historic Madras Stock Exchange set to re-create glory

Chennai, Mar 7 (UNI) It pales in comparison with its richer cousins -- Bombay Stock Exchange (BSE) and National Stock Exchange (NSE)-- in trade volumes and awareness. But the 85-year-old Madras Stock Exchange (MSE) is all set for a makeover with an eye on upping the volume of business. Once a leading operator of the stock market, volumes on the MSE had fallen to almost nil from February 20, 2007, with the market and tech savvy BSE and NSE walking away.....
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