Showing posts with label US Dollar. Show all posts
Showing posts with label US Dollar. Show all posts
Thursday, February 07, 2008
Hmmmmm....
Some New York stores are now accepting Euros and other foreign currency in payment for goods.
Thursday, November 08, 2007
Speaking of Economics
When aWol was misinaugurated in 2001, oil was about $27 a barrel and you could buy a euro for 90 cents. Today, oil is at $98 a barrel and a euro costs $1.47.
The dollar skid to a record low against the euro Wednesday in Asia on speculation that China may shift more of its foreign currency stockpiles -- the world's largest -- into the European unit and away from the greenback.The U.S. dollar fell to 113.90 yen by midafternoon, down from 114.57 yen late Tuesday in New York.
Reuters reported a senior Chinese political figure as saying Wednesday that China should diversify its $1.43-trillion foreign exchange reserves into the euro and other strong currencies.
....but hey, do what you want....you will anyway.
Subscribe to:
Posts (Atom)






