Currency - Latest Popular Stories, Instablogs Community

China tightens currency controls to curb inflows

AP — Thu, 07 Aug 2008 10:45:01 +0000

China has issued new controls on transfers of foreign currencies, moving to contain inflationary pressures by curbing the speculative inflows, or so-called hot money, that has been flooding into the country in recent...

Zimbabwe devalues currency; 10B becomes 1 dollar

AP — Wed, 30 Jul 2008 09:37:29 +0000

Zimbabwe’s central bank governor says he is knocking 10 zeros off the country’s hyper-inflated currency to make 10 billion dollars become one dollar.

Ramblings about money and choices

Madhuri Katti — Sun, 01 Jun 2008 20:57:24 +0000

What rules our life in modern times? What makes us a loser? Recently a columnist has said, “If you don’t have money you are a loser”. Is it so? As the DLF IPL ended and the amount of cash flow it generated, money looks to be a...

US declines to cite China as a currency manipulator

AP — Thu, 15 May 2008 23:19:45 +0000

The Bush administration has declined to cite China for manipulating its currency to gain unfair trade advantages against the United States.The finding announced Thursday came despite pressure in Congress for penalties because of America’s...

US declines to cite China as currency manipulator

AP — Thu, 15 May 2008 20:01:25 +0000

Cuban Central Bank wants stronger peso

AP — Fri, 09 May 2008 23:14:22 +0000

Cuba’s Central Bank is urging the government to gradually unify the island’s two parallel currencies and cut back on “indiscriminate” subsidies, according to an internal report obtained by The Associated Press on Friday.The...

China's Currency Breaks Key Level

AP — Thu, 10 Apr 2008 06:43:01 +0000

China’s currency nudged past 7 yuan to the U.S. dollar Thursday, a milestone bound to please Beijing’s trading partners and dismay exporters struggling to remain competitive in overseas markets.The official Xinhua News Agency reported...

China Not Cited As Currency Manipulator

AP — Wed, 19 Dec 2007 21:01:59 +0000

The U.S. declined on Wednesday to cite China for manipulating its currency for unfair trade advantages.That finding came despite pressure in Congress for penalties because of the growing U.S. trade deficit with China. The trade gap is expected to...

China alarmed over declining dollar

Arpita Mukherjee — Tue, 20 Nov 2007 08:31:40 +0000

China on Monday joined a group of policy makers in expressing concern over a weakening dollar - the world’s main reserve currency. Wen Jiabao, the Chinese premier, told a business audience in Singapore that it was becoming difficult to...

Cocaine and currency cocktail fuelling terror

Pankaj — Fri, 11 May 2007 13:58:37 +0000

The dollar has long been the currency of choice for Central banks, tourists, smugglers, African dictators and individuals around the world as it’s liquid, easily convertible, stable and never goes out of style. But now there are signs that...