Archive for November 7th, 2009

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Nov 07 2009

What Is Money? Part 13: Exported Inflation – Gold Seek

Posted by "us dollars" - Google News in US Dollar
What Is Money? Part 13: Exported Inflation
Gold Seek
All over the third world, paper US dollars function as a shadow currency. Question: Whenever an illegal immigrant mails money home, does he export America's …

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Nov 07 2009

China Calls For Stability In Key Reserve Currencies -Xinhua – Wall Street Journal

Posted by "exchange rate" - Google News in Exchange Rate
China Calls For Stability In Key Reserve Currencies -Xinhua
Wall Street Journal
"The nations that issue key reserve currencies should maintain the value of their currencies and exchange-rate stability, preventing negative spillover …

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Nov 07 2009

Russia Kudrin: firms must cope with strong rouble – Forbes

Posted by "exchange rate" - Google News in Exchange Rate
Russia Kudrin: firms must cope with strong rouble
Forbes
ST ANDREWS, Scotland, Nov 7 (Reuters) – Russian companies must get used to a more flexible exchange rate and cut costs to stay competitive …

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Nov 07 2009

Russia Kudrin: firms must cope with strong rouble – Forbes

Posted by "exchange rate" - Google News in Exchange Rate
Russia Kudrin: firms must cope with strong rouble
Forbes
ST ANDREWS, Scotland, Nov 7 (Reuters) – Russia's companies must get used to a more flexible rouble exchange rate and cut their costs to stay competitive in …

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Nov 07 2009

IMF: Chinese Yuan Remains “Significantly Undervalued” – Wall Street Journal

Posted by "exchange rate" - Google News in Exchange Rate

AFP
IMF: Chinese Yuan Remains "Significantly Undervalued"
Wall Street Journal
Other Asian nations are also expressing disquiet over the yuan's exchange rate. Japanese Senior Vice Finance Minister Yoshihiko Noda said Friday that …
Midday Forex: RON/EUR down to 4.29Wall-Street
IMF Says Overvalued Dollar Used for 'Carry Trades'Bloomberg

all 43 news articles »

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Nov 07 2009

Brown Says G-20 Should Consider Tax on Speculation – Bloomberg

Posted by "currency trading" - Google News in Currency Trading
Brown Says G-20 Should Consider Tax on Speculation
Bloomberg
Their inspiration is a 1971 proposal by US economist James Tobin to tax currency trading to deter speculation in the wake of the collapse of the Bretton …

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Nov 07 2009

China suffers most from rising trade protectionism: MOC spokesman – Xinhua

Posted by "us dollars" - Google News in US Dollar

Reuters
China suffers most from rising trade protectionism: MOC spokesman
Xinhua
Yao said 19 economies launched 88 probes into Chinese products in the first 9 months, involving 10.2 billion US dollars of export goods. …
China denounces US protectionismCCTV
China hits back at US tariffs as trade spat escalatesChannel News Asia
Impact on China steel involves 3.2 billion USDCCTV
CCTV
all 438 news articles »

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Nov 07 2009

United Commercial Bank 120th bank to fail this year in US – Xinhua

Posted by "us dollars" - Google News in US Dollar

A Pakistan News
United Commercial Bank 120th bank to fail this year in US
Xinhua
It will receive 10.4 billion US dollars in assets, including 7.7 billion dollars in loans, and assume 9.2 billion dollars in liabilities, including 6.5 …
UCBH Holdings' Bank Is Seized, 120th US Lender Shut This YearBloomberg

all 492 news articles »

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Nov 07 2009

Zhou Seeks to Deflect European, Japanese Calls For Yuan Gain – Bloomberg

Posted by "exchange rate" - Google News in Exchange Rate
Zhou Seeks to Deflect European, Japanese Calls For Yuan Gain
Bloomberg
Zhou's comments came as Japanese Finance Minister Yoshihiko Noda told reporters before the G-20 meeting that the yuan's exchange rate should be more …

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Nov 07 2009

Taiwan breeders see big profits in rare shrimps – AFP

Posted by "us dollars" - Google News in US Dollar

AFP
Taiwan breeders see big profits in rare shrimps
AFP
A 1.5-centimetre Black King Kong is priced between 1300 and 1500 US dollars for export and can cost more in auctions, Chou said, adding buyers are either …

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