currency values news
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Canadian dollar reaches parity with U.S. dollar Aug. 3
The Canadian dollar, nicknamed the Loonie, managed to reach parity with the U.S. dollar today. The outlook for exports has improved with high job creation numbers in the U.S. Ironically if the dollar goes too high exports could suffer
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Hasbro posts 1Q loss, revenue declines
Pawtucket :: RI :: USA | 1 year ago
Credibility
p>The maker of Monopoly and Transformers says it lost $2.6 million, or 2 cents per share, for the period ended April 1. A year ago, the Pawtucket, R.I., company reported net income of $17.2 million, or 12 cents per share.
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Brazil: Economic growth slowed to 2.7 per cent last year
Although 2.7 per cent growth might look quite acceptable to many European countries among the BRIC (Brazil, Russia, India, China) it is on the low end of the scale. The poor performance arises from higher borrowing costs and
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Currency values in terms of Special Drawing Rights
The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special Drawing Rights (SDR). ====================================================================================== September 03, 2011 ===========
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Americans exchange U.S. dollars for Yuan at U.S. Chinese bank branches.
In New York City's Chinatown, there is a Bank of China branch. One of China's main state owned lenders it now allows U.S. customers to exchange up to 20,000 U.S. dollars annually for Chinese currency. The exchange seems likely to be a good
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At the Federal Reserve, It's Lonely at the Top
Tōkyō :: Japan | over 2 years ago
Credibility
CartoonArts International / The New York Times Syndicate) While people like me see the Federal Reserve's recent actions as far too timid, there's a substantial faction out there that thinks they will very soon bring about the end of Western
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Germany and others to clash with U.S. over Quantitative Easing.
There is a G20 meeting in Seoul South Korea on Nov. 11 and 12th. Angela Merkel German chancellor is expected to lead a group of countries opposed to the U.S. QE2 program. The quantitative easing is meant to boost the U.S. economy. China and
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There Be No Shelter Here
Brussels :: Belgium | 3 years ago
Credibility
Little is asked of a reserve currency other than that it hold its value and remain widely accepted for the purchase of internationally traded goods such as oil, ore, and food. Despite these minimum standards, there are only four currencies in the
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Canadian Dollar and Mexican peso outperforming other major currencies.
Part of the reason for this performance is the recovery in the United States which is increasing demand especially for oil in the case of the Canadian dollar. At the same time the Eurozone is struggling the problems with several
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