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Russians to Trade Rubles for Loonies
Russia's central bank has made an announcement that it plans to trade in some of its reserves to buy up Canadian dollars. The news has just been released and already the Canadian dollar has pushed up more...
created by Barbara McPherson | 3 wks ago | updated 3 wks ago
140 views | 51 recommendations | 4 comments
140 views | 51 recommendations | 4 comments
British pound nearing one pound for one euro
The pound has fell again to reach a new low price against the euro."Pound hits new low against euroWeak house price data and figures showing that homeowners are choosing to repay their mortgages rather than... Even More Zeroes: Zimbabwe Currency Plummets Again
Basic items have now climbed in price beyond the reach of billionaires in Zimbabwe. As barter and the black market take over day-to-day exchanges, and ZImbabwean currency hasn't been traded outisde of Zimbabwe in ages, the latest drop in value is more or less a numbers...Canadian Book Prices Slashed
The fluctuation in value of the Canadian dollar relative to the American dollar has sent ripple effects through both economies. Canadian retailers are scrambling to prevent Canadian from hoping the border fence to...European Officials OK With Euro Strength
European officials continued to shrug off Euro's recent strength. German Deputy Economics Minister Bernd Pfaffenbach (who is also Chancellor Angela Merkel's chief advisor on issues regarding the G8 industrialized nations) said, "It is obvious that a strong Euro isn't really...China Can Tackle Credit Woes Via Rate Policy - Think Tank
"BEIJING -(Dow Jones)- China should use interest-rate and exchange-rate policies to help correct lending and money-supply problems, according to an influential local think tank. The latest piece of..."
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