US dollar
The case for a single currency for the planet
A recent conference in Italy debated the idea of a common global currency and a world central bank, according to the Wall Street Journal. If the euro can replace the franc, mark and lira, why can't a new world currency merge the dollar, euro and yen? A…
Euro rises as ECB cuts rates by 0.5%
Slowing inflation has prompted the ECB to at last cut rates by half a percentage point to 2%, after persistent pressure from the markets, Bloomberg reports. The immediate consequence was a rise in the euro.
U.S. unveils new $20 note with background colours
The New Color of Money: Safer, Smarter, More Secure. U.S. government officials on 13 May unveiled a new $20 note design with enhanced security features and subtle background colors. The new design is part of an ongoing effort to stay ahead of the…
U.S. Treasury remakes $20 to stop counterfeiters
The new US $20 note unveiled by the Bureau of Engraving and Printing on Tuesday includes the first change in the colour of U.S. currency in almost a century, Reuters reports
HKMA Quarterly Bulletin, March 2003
The Hong Kong Monetary Authority's Quarterly Bulletin for March 2003 includes articles on the 'External Demand for Hong Kong Dollar Currency' and 'Alternative Measures of the Real Effective Exchange Rate'.
Central bank aims to halt slide of Jamaican dollar
The Bank of Jamaica (BOJ) has taken additional steps aimed at halting the slide in the value of the Jamaican dollar against its United States counterpart.
Why is the gold price rallying?
Despite talk of deflation, concerns over the dollar’s strength have boosted gold’s standing, says David Hale.
RBNZ Bollard says rates may fall as currency rises
New Zealand's central bank chief Alan Bollard said on Thursday he may cut interest rates this year because a rising New Zealand dollar is slowing consumer spending and inflation.
Afghan currency strengthening - bank official
The governor of the Afghan central bank has said that following the redenomination, the value of the new Afghan currency against the dollar increased.
Dollar hits three-year low against the euro
The dollar fell to a three-year low against the euro Thursday, as investors continued to lose confidence in US assets and expectations grew of an imminent Iraqi war.
Argentina complies with IMF currency restrictions
Argentina's central bank on Tuesday night fully lifted all currency market controls with the dual goal of maintaining the current price of the dollar and complying with the demands of the International Monetary Fund.
Dollar at lowest level against euro since Jan 2000
The dollar plunged to its weakest level in almost three years against the euro and fell against the yen after a U.S. government report on declining producer prices raised concerns profit growth will slow.
China's central bank pledges to keep dollar peg
China's central bank governor has vowed to keep the yuan pegged to the U.S. dollar even as surging foreign investment and a widening trade surplus boost demand for the Chinese currency.
Rand near year highs ahead of rate news
South Africa's rand hovered near 13-month highs against the dollar as investors waited for the outcome of the central bank's quarterly monetary policy meeting.
US Economists' group criticises Fed rate cut
The Federal Reserves recent aggressive rate cut of half a point surprised most. It did nothing to improve sentiment in the markets with the dollar falling on the news as the US economy appeared to be in worse shape than was thought. Now the Shadow Open…
Euro rises above $1 mark in trading
GERMANY - The euro rose above a dollar Tuesday and hit its highest level against the U.S. currency in more than three months amid fears that the U.S. economic recovery may be faltering.
Tokyo stocks fall more than 1 percent Thursday
JAPAN - Tokyo stocks fell more than 1 percent Thursday after a long awaited government economic package failed to impress investors, who sold select blue chip shares. The dollar slid against the yen.
Dollar tie-up won't affect currency says Kuwait
KUWAIT - Kuwait said yesterday a decision to link its currency fully to the dollar was not expected to weaken the dinar nor trigger inflation.
Kuwaiti dinar will be pegged to dollar
KUWAIT - Kuwait's national currency will be pegged to the US dollar starting 1 January, officials said on Monday.
Kuwait to link dinar to dollar
KUWAIT - Kuwait, ending a 27-year-old policy, said yesterday it will fully link the dinar to the U.S. dollar from 2003 as part of a plan by six Gulf states to forge a single currency.
China, Macao agree to provide $ deposit exchange
CHINA - The Bank of China and the Monetary Authority of Macao (MAM) signed a cooperative agreement on Wednesday to provide Macao dollar deposit and exchange services.
Dollar falls as Saudi investors withdraw billions
SAUDI ARABIA - The dollar today fell from recent highs against the euro and yen following a report that Saudi investors were pulling billions of dollars out of the US.
Dollar falls for fourth day in five versus euro
US - The U.S. dollar fell for a fourth day in five against the euro after a Federal Reserve report showed Philadelphia-area manufacturing unexpectedly contracted this month, the latest sign the U.S. economic recovery is slowing.
Thailand's central bank in upbeat mood on economy
THAILAND - The Bank of Thailand is confident that deflation will not be an immediate concern. M.R. Pridiyathorn Devakula, the central bank governor, said the prevailing exchange rate of about 42.5 baht to the US dollar would not trigger inflation either.