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TENAGA Nasional Bhd (TNB) has reported a stronger set of numbers for the third quarter ended May 31 as a result of higher electricity consumption and lower foreign exchange losses. The group's year-to-date results, however, were marginally lower than a year ago despite the higher sales.
Hong Leong Bank Bhd has recently added the euro and Singapore dollar to the Hong Leong Student Forex Rates.
THE Aussie dollar leapt to a 40-month high of 65.69 US cents against the US dollar, thanks to rising pressure on the greenback following US Treasury Secretary John Snow's comment that the long-standing strong dollar policy did not imply any view about the exchange rate.