Posts published in July 2008

Building Approvals Slump in New Zealand

The New Zealand dollar fell significantly against the other currencies today after the release of the report that showed that the home-building approvals in the country declined…

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Chilean Peso is the Worst Performing Currency

The Chilean peso became the worst performing currency in the last three months as the inflation soared and the central bank kept supporting exporters. The peso dropped 11.8 percent against the U.S. dollar during the last three…

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Rand Goes for a Fifth Weekly Gain

The South African currency headed for its fifth straight weekly growth against the U.S. dollar today as the traders speculated on the higher demand for the local…

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