Posts published in November 2008

Dollar to Post Weekly Decline against Euro

The measures proposed by the U.S. government to support the national financial system and the optimism that followed the announcement of Obama’s economic team caused the U.S. dollar…

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Yen Gains after Two Days of Losses

The Japanese yen rose today against the major currencies after losing for two days as the U.S. macroeconomic reports will show the worsening of the crisis, according…

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Korean Won Close to Decade Low Again

The South Korean won continued its decline against the U.S. dollar today despite the other Asian stocks rebound caused by the U.S. government’s intentions to bail-outCitigroup. The won almost renewed its decade low…

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Indian Rupee Falls to Record Low

The Indian rupee fell to the record low level against the U.S. dollar today as the Asian stock markets followed the path of the U.S. equities and declined…

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KRW Reaches Decade Low on Stock Slump

The Korean won reached the lowest level against the U.S. dollar since 1998 today as the country’s stock market fell for the eight day in a row and the foreign…

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Yen Gains After Two Days of Decline

The Japanese yen rose slightly today after losing for the two days on the currency trading market as the U.S. bail-out plans failed to raise the confidence in the…

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