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China Toughens Foreign Exchange Receipts and Export Settlements
03 July 2008 | Source: China Daily
Three Chinese central government departments are planning to institute a computer check for foreign recepits and export settlements starting July 14.
Akhtar Proposes a Transfer or All Deposit and Lending Insitutions to be Overlooked by SBP
03 July 2008 | Source: Pakistan Daily Times
Dr. Shamshad Akhtar, governor of State Bank of Pakistan proposed to Development Finance Conference that all large monetary institutions be overseen by the SBP.
Australia Must Lead Climate Fight
03 July 2008 | Source: The Sydney Morning Herald
Australia is believed to be the developed nation that will be most damaged by climate change.
Middle Class Ready to Emigrate
03 July 2008 | Source: Kommersant
Research shows that roughly half of the surveyed middle class in Russia considers emigration a possibility.
Foreign Exchange
Inter-Bank Offered Rates
| Duration | LIB JPY | SIBOR |
|---|---|---|
| 1 Wk. | .760000 | .390000 |
| 1 Mo. | .630000 | .340000 |
| 2 Mo. | .620000 | .330000 |
| 3 Mo. | .870000 | .380000 |
| 6 Mo. | .650000 | .360000 |
| 9 Mo. | .670000 | .370000 |
| 1 Yr. | .820000 | .390000 |
Asia's Forex
0.15 
0.0027 Inside Asia
