Tuesday, January 8, 2008
US Dollar Strong in Monday Asian Trade
Reports from Tokyo indicate that the US dollar is holding steady in Asia as of Monday morning. After receiving promising reports from the west, recent fears about the US credit problems have alleviated and risky trades have resumed in Asia. Since then, the dollar has strengthened considerably. The Philippine Star reports:The better US economic news slightly pared back market expectations that the US Federal Reserve will cut its benchmark interest rate next month, dealers said.
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3 comments:
how far it as come tat to become the currency of dollar has come down when compare to indian currency
why thier is no change in oil prices
shold have min prices where their is more population
so that their will be good improvement in getting profits
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