April 29, 2005

Renminibi revaluation speculation continues

Story link: Renminibi revaluation speculation continues

Speculation is increasing that China is coming closer to revaluing its currency.
This speculation grew even more widespread when the renminibi briefly rose above the official valuation range in relation to the dollar, to Rmb 8.27, following a Friday report in the China Securities Journal, owned by the state, which said that the time was […]

April 27, 2005

CBR considers rouble appreciation

Story link: CBR considers rouble appreciation

The Russian Central Bank (CBR) might allow the rouble to appreciate as much as 9 percent this year, a percentage point higher than had been previously planned, according to the first deputy chairman of the bank.
This move, if taken, would be an effort to ease the high Russian inflation that has only been […]

April 22, 2005

China attempts to resist US pressue on currency revaluation

Story link: China attempts to resist US pressue on currency revaluation

China continues to insist that it will not respond to outside pressures to revalue its currency after calls for it to do so at last weekend�s G7 meeting.
That pressure just continued on Thursday, however, as U.S. Federal Reserve chairman Alan Greenspan said that China will have to proceed with revaluation �sooner rather than […]

April 21, 2005

GBP suffers fall in high street spending

Story link: GBP suffers fall in high street spending

The Swiss frank rose to $1.1740 in relation to the U.S. dollar on Thursday before settling to trade at $1.1775.
The dollar changed little from its overnight close. It remained the same against the euro at $1.3096, and was up 0.1 percent compared to the yen at 107.16 after a down day on […]

April 19, 2005

China evaluates currency exchange

Story link: China evaluates currency exchange

China released a statement on Sunday in which they expressed intent to change the way they assign value to their currency.
They did not indicate when they plan to take this step, which the U.S. and most other members of the G7, meeting over the weekend, insisted that they must take immediately in the […]

April 18, 2005

Speculators concerned about export currencies.

Story link: Speculators concerned about export currencies.

The Swiss franc was up on Monday, but the yen was shaky and the U.S dollar was down again. The dollar was down partly on concerns about global growth and partly, at least according to some analysts, around the issue of China�s refusal to revalue the renminibi even though the U.S. expects it to […]

April 12, 2005

Record US deficit fails to flatten dollar

Story link: Record US deficit fails to flatten dollar

The dollar stayed about the same on Tuesday in spite of the announcement that the U.S. trade deficit had hit an all-time high in February.
The deficit reached $61 billion in February; it had been $58.3 billion in January.
The increase was mostly blamed on increases in oil prices.
Despite the rise […]

April 11, 2005

Currencies flat as dollar falls

Story link: Currencies flat as dollar falls

Major currencies, although they were up in relation to the dollar, remained little-changed otherwise on Monday.
Sterling was flat in relation to the euro and slightly lower against the yen.
The yen, in turn, was somewhat higher in relation to the euro.
The U.S. dollar fell in relation to the euro, sterling, […]


Daily World Currencies News from London		Friday 25th of July 2008
Major Currencies: GBP USD Euro Yen Other Currencies: Australian Dollar Canadian Dollar Czech Koruna Egyptian Pound Forint Israeli Shekel Krona Krone New Zealand Dollar Peso Rand Real Renminbi Rouble Rupee Singapore Dollar Slovak Koruna Swiss franc Turkish Lira Won Zloty	April 29, 2005 Renminibi revaluation speculation continues Story link: Renminibi revaluation speculation continues Speculation is increasing that China is coming closer to revaluing its currency. This speculation grew even more widespread when the renminibi briefly rose above the official valuation range in relation to the dollar, to Rmb 8.27, following a Friday report in the China Securities Journal, owned by the state, which said that the time was […] April 27, 2005 CBR considers rouble appreciation Story link: CBR considers rouble appreciation The Russian Central Bank (CBR) might allow the rouble to appreciate as much as 9 percent this year, a percentage point higher than had been previously planned, according to the first deputy chairman of the bank. This move, if taken, would be an effort to ease the high Russian inflation that has only been […] April 22, 2005 China attempts to resist US pressue on currency revaluation Story link: China attempts to resist US pressue on currency revaluation China continues to insist that it will not respond to outside pressures to revalue its currency after calls for it to do so at last weekend�s G7 meeting. That pressure just continued on Thursday, however, as U.S. Federal Reserve chairman Alan Greenspan said that China will have to proceed with revaluation �sooner rather than […] April 21, 2005 GBP suffers fall in high street spending Story link: GBP suffers fall in high street spending The Swiss frank rose to $1.1740 in relation to the U.S. dollar on Thursday before settling to trade at $1.1775. The dollar changed little from its overnight close. It remained the same against the euro at $1.3096, and was up 0.1 percent compared to the yen at 107.16 after a down day on […] April 19, 2005 China evaluates currency exchange Story link: China evaluates currency exchange China released a statement on Sunday in which they expressed intent to change the way they assign value to their currency. They did not indicate when they plan to take this step, which the U.S. and most other members of the G7, meeting over the weekend, insisted that they must take immediately in the […] April 18, 2005 Speculators concerned about export currencies. Story link: Speculators concerned about export currencies. The Swiss franc was up on Monday, but the yen was shaky and the U.S dollar was down again. The dollar was down partly on concerns about global growth and partly, at least according to some analysts, around the issue of China�s refusal to revalue the renminibi even though the U.S. expects it to […] April 12, 2005 Record US deficit fails to flatten dollar Story link: Record US deficit fails to flatten dollar The dollar stayed about the same on Tuesday in spite of the announcement that the U.S. trade deficit had hit an all-time high in February. The deficit reached $61 billion in February; it had been $58.3 billion in January. The increase was mostly blamed on increases in oil prices. Despite the rise […] April 11, 2005 Currencies flat as dollar falls Story link: Currencies flat as dollar falls Major currencies, although they were up in relation to the dollar, remained little-changed otherwise on Monday. Sterling was flat in relation to the euro and slightly lower against the yen. The yen, in turn, was somewhat higher in relation to the euro. The U.S. dollar fell in relation to the euro, sterling, […]
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