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MONDAY, NOVEMBER 23, 2009
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NEWS ABOUT: currency exchange

currency exchange stories: 27 news summaries

21 - 27 of 27 Stories | << Prev 1 2

China Looks
to Buy American

Seeks investments to adjust yuan growth;
US official set for talks

(Newser) - China, increasingly being called upon to more rapidly adjust the growth of the yuan against the dollar, is looking to expand its investment in US assets as a way to funnel its powerhouse currency out of the country, Bloomberg reports today. Treasury Secretary Henry Paulson visits Beijing Wednesday for a... More »

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China inflation Henry Paulson Beijing currency exchange trade surplus yuan credit crisis US dollar US exports

Weak Dollar Draws Foreign Shoppers

International travelers arrive with fat wallets, empty suitcases

(Newser) - Foreigners are taking advantage of the weak US dollar to do their holiday shopping in the States, Time reports in a look at a double-edged trend. Even as American shoppers find the cost of imported goods soaring, international visitors are arriving in droves, and "they're mentioning the exchange rate... More »

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consumer exchange rate currency exchange US dollar

Euro Slips on Interest Rate Speculation

Down from record high; fading German consumer confidence a factor

(Newser) - The euro dropped against the dollar on speculation that the European Central Bank might hold off on raising interest rates, AP reports. The euro hit a record $1.4966 Friday as investors worried about US stability. It was down to $1.4732 this morning in European trading. Germany is feeling... More »

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currency exchange euro European Central Bank US dollar

Go Where the $ Is Still Good

Planning to travel?  Head to a country where flashing a few dead presidents still means something

(Newser) - It hurts when even a dollar-friendly country like Canada is giving your green the cold shoulder. Get your money's worth in these countries from foXnoMad:
  1. Morocco
  2. Thailand
  3. Mexico
More »

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China travel Jordan Venezuela Thailand Mexico Morocco currency currency exchange list Micronesia Armenia international currency

Loonie Catches Up to Dollar

First time Loonie equaled greenback since Nov. 1976

(Newser) - The Canadian dollar reached parity with its US counterpart for the first time in over 30 years yesterday. As recently as March 2002, $1 American bought $1.60 Canadian, but the struggling US economy and the recent interest rate cut have pulled the greenback down, while increased demand for Canadian... More »

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exchange rate Canada currency exchange US economy US dollar loonie

Dollar Plummets to 15-year Low

Job loss data fuels panic about US economy

(Newser) - Panic over the state of the US economy pushed the dollar to a 15-year low against major currencies yesterday. The drop came on larger-than-expected July payroll declines, data one analyst called “simply horrific.” Many fear that the credit crunch will drive down consumer spending, igniting a recession. Investors... More »

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currency exchange financial markets recession US economy euro yen US dollar

Paulson Resists Labeling China
a 'Manipulator'

Congress stews as Beijing keeps yuan weak vs. dollar

(Newser) - Treasury Secretary Henry Paulson has denied congressional requests for a formal accusation of currency manipulation against China, the Wall Street Journal reports. China's tight restrictions have kept the yuan artificially low against the dollar for decades, but recent record highs, combined with signs that Beijing may plan to let up... More »

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China inflation currency Henry Paulson currency exchange money yuan manipulation

21 - 27 of 27 Stories | << Prev 1 2