Archive for the “Exchange Rate” Category


AFP
Trichet says a Greek exit from euro worst option
BusinessWeek
Trichet said that despite the exchange rate volatility — the common currency reached about $1.6 in 2008 — "we have delivered price stability over the last
FX Briefing: More GrowthAction Forex
Trichet´s Message To BankersCapital.gr (press release)

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Update on the Venezuelan Economy
Monthly Review
The main impact of inflation has been an indirect effect, through its influence on the real exchange rate. The nominal exchange rate was fixed at 2.15 from

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Reuters UK
Yen's currency exchange rate 'losing steam'
HiFX – The Financial Latest
The currency exchange rate for the yen is expected to lose some of its current strength. Negative global data helped push the Japanese currency to near a
Japan Said to View US Opposition as Yen Intervention ObstacleBloomberg
Yen Intervention Unlikely as Capex Soars, US Jobs Report on TapDaily FX
Euro zone support to weaken yen not discussed-sourcesReuters
International Business Times -Daily Reckoning – American Edition (blog)
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Dollar and precious metals at a glance
BusinessWeek
NEW YORK Key currency exchange rates Friday, compared with late Thursday in New York: Dollar vs: Exchange Rate Pvs Day Yen 84.43 84.23 Euro $1.2882 $1.2812
Dollar and precious metals at a glanceBusinessWeek

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Chile Offers Businesses Credit to Counter Peso's Region-Beating Rally
Bloomberg
“We're trying to give small businesses coverage from the exchange rate,” Larrain told reporters in Santiago. The government is “concerned about the issue
Chilean Peso Is Poised for Fifth Straight Weekly Gain on Economic GrowthBloomberg

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P/$ rate closes at P44.69 to $1
Manila Bulletin
The peso exchange rate closed higher at P44.69 to the US dollar Friday at the Philippine Dealing & Exchange Corp. (PDEx) from P44.95 the previous day.

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The Early Word: 9.6 Percent
New York Times
mounting frustration in Washington that Beijing's announcement in June that it would make the exchange rate more flexible has yielded minimal change.

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Ezega
Ethiopian Central Bank Says Devaluation to Boost Exports, Domestic Output
Bloomberg
1, the bank adjusted the exchange rate to 16.351 birr per dollar from 13.628, the third time it has devalued the currency in the past 14 months.
Ethiopian government Devaluation strategyNewsDire
Devaluation Boosts Foreign Currency Inflow to Ethiopia – NBENew Business Ethiopia
Ethiopia Devalues Its Currency by 17 PercentNazret.com (blog)

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Euro expected to grow on
proUA.com
The exchange rate of the cash Euro to the Ukrainian hryvnia fell by 23 kopeeks from UAH 10.32 to UAH 10.09 since the beginning of August 2010.

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Magellan Petroleum Corporation Earnings Summary and Strategic Discussion
Trading Markets (press release)
These costs are partially offset by the 18% increase in the average exchange rate. Salaries and employee benefits increased mostly due to the payment of

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