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September 6, 2008 2:58:39 AM CDT

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Stories related to: foreign currency

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4 Stories

  • September 2008

    • Pound Plunges to Record Low Against Euro

      Financial Times (UK)  |  Sep 2, 08 2:26 AM CDT

      Pound Plunges to Record Low Against Euro

      (Newser) - The British pound has sunk to its lowest level ever against the euro since the European currency was introduced in 1999, the Financial Times reports. The fall follows Chancellor Alistair Darling's dire warning that the outlook for the British economy is the worst in 60 years. The pound dropped to $1.79 against the dollar, its lowest since April 2006. More »

      Tags

      United Kingdom  • euro  • currency  • financial markets  • Alistair Darling  • pound  • foreign currency

  • July 2008
  • April 2008

    • Rosy Q1 for Google

      Bloomberg  |  Apr 17, 08 5:45 PM CDT

      Rosy Q1 for Google

      (Newser) - Google reported a 30% increase in first-quarter profits today, bettering analysts’ predictions and sending share prices up 17%, Bloomberg reports. Forecasters had assumed that growth in domestic advertising clicks would slow, but Google said it “remains healthy;” a 55% increase in international ad sales gave the search giant the bump it needed to exceed expectations. More »

      Tags

      Google  • Wall Street  • ad revenue  • quarterly profits  • share price  • advertising sales  • foreign currency

  • February 2008

    • Big Apple Opens Arms to Euros

      Reuters  |  Feb 7, 08 12:00 PM CST

      Big Apple Opens Arms to Euros

      (Newser) - The falling dollar has made the US a travel bargain, and some merchants in New York City have flung open their doors—and their tills—to the sudden influx of foreign currencies, Reuters reports. The euro, up 12% against the dollar in the past year, is particularly common. "Money is money,” said wine-store owner Robert Chu. More »

      Tags

      New York City  • US dollar  • euro  • weak dollar  • Mexican border  • exchange rate  • foreign currency

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