Blogs Posts in Exchange Rates category; 137 blog posts

Christmas currency to peak at $51.7b - But growth slower tha...

The Bank of Jamaica says that it expects, on a net basis, to issue an additional $10.6 billion - up 15.8 per cent on last December - in cash to the Jamaican economy this month to help to facilitate the traditional Christmas shopping spree.B [...]

Posted On : Dec, 15 2007 | Comments : 0

Australia Dollar Falls as Investors Sell Higher-Yielding Ass...

The Australian dollar fell as investors sold higher-yielding assets on concern that credit- market losses will slow global economic growth.The currency declined for a third day as the rate Australian banks charge each other for loans rose t [...]

Posted On : Dec, 14 2007 | Comments : 0

Yen Near One-Month Low as Central Banks to Provide Liquidity...

the yen traded near a one-month low against the dollar after central banks led by the Federal Reserve announced a joint effort to ease the credit squeeze by encouraging short-term lending among financial institutions.The New Zealand dollar [...]

Posted On : Dec, 13 2007 | Comments : 0

Yen Falls as Japan Investors May Buy Assets Abroad With Bonu...

The yen fell against all 16 of the world's most-active currencies on speculation Japanese investors receiving their winter bonuses are sending money overseas to purchase higher-yielding assets.The currency dropped the most versus the New Ze [...]

Posted On : Dec, 12 2007 | Comments : 0

Dollar May Stay Steady Despite a Move by the Fed

 The dollar could remain range-bound against the euro this week, and not even tomorrow's interest-rate decision by the Federal Reserve may be enough to budge it.After shedding 11% of its value against the euro between mid-August and [...]

Posted On : Dec, 10 2007 | Comments : 0

Dollar falls against euro, pound

The dollar fell against the euro and the pound on Thursday after the Bank of England cut a key interest rate while the European Central Bank left borrowing cost unchanged.The Bank of England cut its key interest rate by a quarter-point to 5 [...]

Posted On : Dec, 07 2007 | Comments : 0

Happy landings for our dollar

Our rising currency is good news for those about to head overseas - and it could get even stronger.Strong commodity prices and high interest rates are driving the Australian dollar higher against most of the world's currencies. The $A has r [...]

Posted On : Dec, 06 2007 | Comments : 0

Yen Trades Near 1-Week High as Investors Reduce Carry Trades...

 The yen traded near a one-week high against the dollar on speculation global credit-market losses will spur investors to cut holdings of higher-yielding assets funded by borrowing in Japan.Japan's currency gained most against the Aust [...]

Posted On : Dec, 05 2007 | Comments : 0

Dollar is world currency "for a reason": Paulson

Currency  Treasury Secretary Henry Paulson on Friday defended the dollar's status as the world's reserve currency, saying the U.S. economy's strength, openness and competitiveness would "shine through" the current market turm [...]

Posted On : Nov, 10 2007 | Comments : 0

Dollar is world currency "for a reason": Paulson

Currency  Treasury Secretary Henry Paulson on Friday defended the dollar's status as the world's reserve currency, saying the U.S. economy's strength, openness and competitiveness would "shine through" the current market turm [...]

Posted On : Nov, 10 2007 | Comments : 0