India Adopts a New Symbol for Its Currency (at New York Times)
The Indian rupee joined the dollar, the pound, the euro and the yen on Thursday when it got its very own symbol. us.rd.yahoo.com |
Dollar extends declines vs yen after durable goods data (at Reuters)
The dollar extended declines versus the Japanese yen on Wednesday after a government report showed new orders for long-lasting U.S. manufactured goods unexpectedly fell for a second straight month in June. us.rd.yahoo.com |
NZ dollar rises, anxiety over global economy eases
The New Zealand dollar rose today after a better-than-expected US payrolls report eased anxiety about the global economy but some analysts questioned the strength of the rally, citing the weekend's earthquake as one of a range of... nzherald.co.nz |
Currencies: U.S. dollar slumps as Fed mulls further action
[at MarketWatch] - The dollar continues its decline, as currency traders react to the Federal Reserve s indication that it stands ready to take further action to boost the U.S. economy. The euro rallies on the greenback. us.rd.yahoo.com |
In Irish Bank Crisis, a Texas-Style Solution Is Unlikely
In the 1980s, regulators dealt with the crisis in Texas banking by letting financial institutions go bankrupt. That solution is unlikely to work in Ireland. nytimes.com |