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According to the announcement of the President Director of the Center for Bank Crises Ahmad Deni Daruri made on Tuesday the government of the country is still work with a free-flow foreign exchange system despite the fact it has already adopted a controlled foreign exchange regime.

Karachi Stock Exchange: Because of protracted Eidul Fitr holidays trading activities at the Karachi stock market remained dull. Interestingly during these holidays the lowest turnover in the trading history of the market was made a formal record on account of prudent approach by the investors provoked by decreasing rupee value. This opinion was given by professional analysts.

Forex trading or FX trading is an additional way to earn money in the field of trading. Such names as New York Stock Exchange (NYSE) and Chicago Mercantile Exchange (CME), are quite well known. They are involved in trading of currencies and not the stocks, bonds and futures. And there is no physical place where theses exchanges are made. Forex is the market that can be reached by phone or electronic network. Therefore it has one but quite considerable advantage – this market operates 24 hours a day for 5 days a week.

The Central Bank of Zimbabwe is planning to provide a certain number of licenses to retailers enabling them to trade goods on foreign currency. Such act is proposed to improve the situation in the country experiencing a recession for almost a decade. It is planned to provide 250 wholesalers and 1000 retailers with corresponding licenses for the trial period of 18 month says the Governor Gideon Gono. The purpose is to decrease shortages of basic goods but not the will to “dollarize” the economy of the country.

According to the announcement of the South Korea’s Vice Finance Minister the consumer inflation in the country will not overcome the level predicted in July as the oil prices have decreased sharply. He has also said that foreign exchange controlling bodies will interfere the situation in case national currency - won, will grow rapidly and the government still works on the stabilizing prices policy.

The authorities of the country created a task force aimed at investigation and prosecution of the cheating in the foreign exchange market that is overcrowded with dishonest traders. This task was created by the CFTC (the Commodity Futures Trading Commission) that is involved into control of the US futures markets. According to the CFTC comments the main aims of creating the task were not only investigation of the frauds occurred at the foreign exchange markets but also certain work with other control bodies and criminal authorities.