Monday, January 12, 2009

U.S. dollars to the worst decline in 1 year

by: Elsya Refianti

SINGAPORE (Bloomberg): U.S. Dollar depressed the worst decline in a year against the yen in over two decades, because of speculation U.S. reports this week will show the manufacturer of the sinking in since 1980.

The currency is also leading to a decline in three years against the Swiss franc as speculation target zero interest rate loans from the

Federal Reserve will increase demand for the currency greenback.

Euro to strengthen against the highest one-year British pound since 1999 because of speculation the Bank of England will maintain interest rates below the loan level European Central Bank.

U.S. dollars are at 90.24 yen on pkl. 8:45 in Tokyo from 90.34 yen yesterday in New York and 111.75 at the end of 2007. The currency was fall 19% this year, terdalam since 1987. Currency greenback become depressed 1.0557 per franc from 1.0602 yesterday and 1.1335 a year earlier. The currency also weakened to U.S. $ 1.4136 per euro from U.S. $ 1.4057 yesterday and from U.S. $ 1.4589 last year.

Have entered the euro gain against the pound eighth day of 0.2% so 97.74 pence from 97.57 pence yesterday, the currency in which it touches on the record 98.03 pence.

The Fed cut interest rates this month patokannya to the range 0 - 0.25% for the first time and switch the focus to the purchase of debt to help the economy. (Er)
Learn More... Paths Not Taken: Speculations on American Foreign Policy and Diplomatic History, Interests, Ideals, and Power (Praeger Studies in Diplomacy and Strategic Thought)

Source : http://web.bisnis.com/harga/valas/1id95025.html

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