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Venezuela to Give Companies 2.6 Rate, Socias Says (Update1)

Feb. 8 (Bloomberg) -- Venezuela will allow foreign companies to exchange dollars for 2.6 bolivars apiece, lower than the 4.3-bolivar rate applied for non-essential items, a former planning minister said. “Days ago, it was announced that outstanding debts would be recognized at 2.6

Australian shares higher at noon

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At 12:00 (AEDT), the benchmark S&P/ASX200 index was up 31.9 points, or 0.71 per cent, at 4546 while the broader All Ordinaries index had gained 30.5 points, or 0.67 per cent, at 4563. On the Sydney Futures Exchange, the March share price index contract was 39 points higher at 4514 on
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Indonesia May Raise Interest Rate by June as Inflation Quickens - Bloomberg.com

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Bank Indonesia will keep its benchmark interest rate unchanged at 6.5 percent for a sixth straight month today, according to all 23 economists in a Bloomberg News survey. The decision is due after noon in Jakarta. Twelve of 17 analysts surveyed expect the rate to increase by the end of
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Aussie dollar nudges up on softer US$, bonds mixed

* Aussie up at $0.8871 AUD=D4, bouncing from a low of $0.8780 on Tuesday and recovering some of the losses suffered when the Reserve Bank of Australia shocked investors by leaving rates unchanged at 3.75 percent. * Near-term resistance for the Aussie seen at $0.8924 and $0.8961. Support