Customers those who open a fresh bank account at Interbank FX (IBFX), a chief off-exchange retail overseas exchange (forex) broker, can earn up to $2,500 dollars in rebates by adding there name in the company’s new customer rewards list.
To be suitable for the program that will run throughout the end of the year traders will have 90 days from once the financial credit has been funded to trade the necessary amount of lots to obtain a rebate. The rebate amounts differs and are determined on initial deposit levels and lot size.
“By trading overseas currencies at IBFX, our customers will be given low price spreads and free trading tools that consist of schooling resources at our online university,” said Todd Crosland, chairman and head of Interbank FX. “It is our objective to offer our customers with all the trading tools that are necessary to do business in this marketplace.”
Refer:http://www.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20071203005019&newsLang=en
Two directors of a confined online forex department have been under arrest by the Banking Fraud Investigations Department (BFID) on doubt that they might have swindle the public of millions of shillings in the greatly risky and unfettered online money trading bets.
The two directors of Primary Asian Securities Ltd, Ms Elizabeth Nyausi as well as Susan Njenga, are presently out on link as they wait for the inquiry of their case on December 18.
BFID director Francis Okonya confirmed the arrest to trade every day, but declined to provide further details since the issue is already before the court.
He also declined to mention on the number of related cases facing the firm or certainly alike reports of online forex trading fraud, saying that he might only comment on particular cases.
News of their arrest came even as it emerge that online forex department operating in the nation could be contravene central bank conventions.
Refer : http://allafrica.com/stories/200712020013.html
Japanese Yen: The Japanese currency stands at 112.46 to the dollar belatedly Tokyo trade on Friday, along from 111.27-32 a week before.
Australian Dollar: The Australian dollar ruined the week at 88.10 cents, up somewhat on the earlier week's 87.85 US cents.
New Zealand Dollar: The New Zealand dollar ruined the week at 78.50 US cents, up as of 77.82 the earlier Friday.
Chinese Yuan: The Yuan congested at 7.3710 to the dollar Friday on the exchange traded market, balanced with Thursday's close of 7.3669, and a concluding price of 7.4004 to the dollar the week before.
Hong Kong Dollar: The Hong Kong dollar ruined the week at 7.7986 to the dollar, balanced to 7.797 a week before.
Indonesia Rupiah: The Rupiah ruined the week trading at 9,325/9,330 to the dollar, losing from 9,267/9,278 to the greenback a week before.
Philippine Peso: The Philippine peso ascends to 41.21 to the dollar on Friday afternoon balanced to 41.74 on December 7.
Singapore Dollar: The Singapore dollar was next to 1.4444 to the dollar on Friday, up somewhat from 1.4461 the week earlier.
South Korean Won: South Korea's won weakened to 930.10 won for each dollar Friday, balanced with 919.20 won a week before.
Taiwan Dollar: The Taiwan dollar stopped up the week at 32.376 against the US dollar behind from 32.309 a week before.
Thai Baht: The Thai baht somewhat increase against the dollar above the past week as local exporters trade the greenback to correct their situation, dealers said. The Thai unit stopped up at 33.60-61 to the dollar on Friday, up from 33.71-73 a week before.
Refer: http://economictimes.indiatimes.com/News/International__Business/
Asian_currencies_mixed_against_the_dollar/articleshow/2625727.cms