Dollar Weakens Most Since Euro's 1999 Debut
Published: 9/22/2008 1:25:34 PM
By: TradingEconomics.com, Bloomberg
The dollar weakened the most against the euro since the European currency's 1999 debut on concern a U.S. proposal to buy $700 billion of troubled assets from financial firms will inflate the budget deficit.
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Yuan Advances Most Against Dollar in Seven Weeks
Published: 9/17/2008 1:09:02 PM
By: TradingEconomics.com, Bloomberg.com
The yuan advanced by the most against the dollar in seven weeks on speculation the central bank wants to keep the local currency strong as credit markets slump and investors shun emerging markets.
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Brazil Real Has Biggest Drop in 13 Months
Published: 9/17/2008 9:05:15 AM
By: TradingEconomics.com, Bloomberg.com
Brazil's real dropped the most in 13 months on concern the U.S. takeover of insurer American International Group Inc. will fail to stem financial market losses in the world's biggest economy.
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New Zealand Dollar Rally After U.S. Rescue of AIG
Published: 9/17/2008 5:51:09 AM
By: TradingEconomics.com, Bloomberg.com
The New Zealand dollarr rallied against the U.S. and Japanese currencies after the U.S. government agreed to take over American International Group Inc. to save it from collapse.
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Australian Dollar Rally After U.S. Rescue of AIG
Published: 9/17/2008 5:49:04 AM
By: TradingEconomics.com, Bloomberg.com
The Australian dollar rallied against the U.S. and Japanese currencies after the U.S. government agreed to take over American International Group Inc. to save it from collapse.
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Rupee Rebounds From Two-Year Low
Published: 9/17/2008 5:45:59 AM
By: TradingEconomics.com, Bloomberg.com
India's rupee rebounded from a two- year low, gaining the most in almost two months, after the central bank announced measures to boost dollar supply and curb exchange-rate swings.
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Ruble Gains on Bank Loan
Published: 9/17/2008 5:38:12 AM
By: TradingEconomics.com, Bloomberg.com
Russia's ruble gained for a second day against the dollar-euro basket after the Finance Ministry said it will offer banks a loan to boost liquidity and on speculation the central bank was selling reserves to prop up the currency amid falls on the equity market.
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Indian Rupee Falls Most in Decade
Published: 9/16/2008 8:52:00 AM
By: TradingEconomics.com, Bloomberg.com
India's rupee fell the most in a decade on speculation turmoil on Wall Street will heighten risk aversion among global investors, boosting sales of emerging- market assets.
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Swiss Franc Rises
Published: 9/16/2008 8:45:24 AM
By: TradingEconomics.com, Bloomberg.com
The Swiss franc rose to a five-month high against the euro and gained versus the dollar as surging money-market rates and the credit downgrade of American International Group Inc. stoked demand for the safest assets.
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Global Fears Drive Dollar to One-Year High
Published: 9/9/2008 11:40:23 AM
By: TradingEconomics.com, Financial Times
The dollar hit a one-year high on Tuesday as fears over the health of the global economy intensified. The dollar index, which tracks its progress against six leading currencies, rose to a high of 79.776, its strongest for 12 months.
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