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Currency

World news about “Currency” published by euronews.

  • Euro slips on debt crisis worries

    Another round of strong US economic data — including growth in the labour market — lifted the US dollar against the euro on Friday with the single European… 06/01/2012

  • Hungary may offer concessions to appease EU and IMF

    Hungary has said it may tone down some of the more controversial parts of its new constitution, amid growing international financial and political pressure… 04/01/2012

  • Blunt warning from Athens on euro future

    Greece will have to leave the eurozone if it fails to reach a deal on a second, 130 billion euro bailout with its international lenders. That unusually… 03/01/2012

  • A decade of the euro

    On new year’s day 2002 euro notes and coins hit the streets for the first time. They were introduced with much enthusiasm and optimism as a currency that… 02/01/2012

  • EU pessimism hits euro’s value

    Worries about a lack of a solution to the eurozone sovereign debt crisis caused the euro to take a pounding on the foreign exchanges on Wednesday. It… 14/12/2011

  • Fed leaves policy unchanged, flags up risks

    The Federal Reserve has held off from fresh stimulus measures for the US economy at its final policy-setting meeting of the year, but warned turbulence in the… 13/12/2011

  • Euro’s problems boost sterling

    The euro fell to a fresh nine-month low against the British pound on Tuesday. The single European currency is being sold off by investors disappointed by… 13/12/2011

  • Tokyo’s yen move hits markets

    The Japanese government’s decision to sell the yen to bring it down from the latest record high against the dollar had a negative effect on share prices… 31/10/2011

  • Strong yen makes Tokyo intervention more likely

    Japan’s finance minister Jun Azumi has flagged up a possible currency intervention by the government as the yen hit a record high against the dollar. He said… 24/10/2011

  • Yuan up as Beijing warns on trade

    China’s currency the yuan, has hit its highest level at the dollar after making its biggest ever daily gain. The yuan is now up by 30.4 percent against the … 10/10/2011

  • Euro storm blows cold wind through Switzerland

    For Switzerland, it is tough being so popular especially when investors see this small country and its currency as a refuge from the growing euro zone… 24/09/2011

  • Two billion franc boost to the Swiss economy

    The Swiss government has announced plans to spend the equivalent of more than 1.7bn euros to help soften the impact of the strong franc. Amid the euro… 17/08/2011

  • Swiss supermarket pulls expensive foreign brands

    A retail battle is raging between a Swiss supermarket chain and foreign manufacturers. At the heart of the dispute is the increasingly strong Swiss… 15/08/2011

  • Chinese factory output shrinks, IMF urges more tightening

    As Chinese manufacturing output shrank in July, for the first time in a year, the International Monetary Fund, has said Beijing should continue its efforts to… 21/07/2011

  • Russia’s two main exchanges to merge

    Russia’s two main stock exchanges, MISEX, the Moscow Interbank Currency Exchange and RTS, the Russian Trading System, have moved forward with their long… 29/06/2011

  • Chinese money growth and loans slow

    The amount of money entering the Chinese economy slowed to its lowest level in two and a half years in May. Official figures showed that China’s banks also… 13/06/2011

  • Monetary system reform warning

    French President Nicolas Sarkozy is warning of the risk of another global economic crisis unless the world’s monetary system is urgently overhauled. He was… 31/03/2011

  • Yen falls on G7 intervention

    The yen fell against a basket of currencies, and particularly versus the US dollar, on Friday. That followed a co-ordinated intervention by central banks… 18/03/2011

  • Estonia and the euro.

    Despite the turbulence experienced by the euro last year, Estonia adopted it on 1 January 2011,the 17th member of the euro zone. Two months after giving up… 08/03/2011

  • Estonia awaits the euro in hope and trepidation

    After joining the European Union in 2004, Estonia is now about to join the euro area. But is the tiny Baltic State ready to abandon its national currency –… 23/11/2010

  • The flowers that launched the euro

    To mark the anniversary of the arrival of the euro in the form of notes and coins, euronews spoke with Romano Prodi, who in 2002 was President of the European… 02/01/2012

  • Downside of high Swiss franc

    A few hundred Swiss ‘Indignant’ protesters in Geneva and Zurich last week said their country is not all rock solid economy, luxury quality goods and banks… 19/10/2011

  • Chinese anger over US debt

    China has expressed strong concern at the downgrading of America’s triple A credit rating by Standard and Poor. Statements were issued through the official… 06/08/2011

  • China calls for new world currency

    The Chinese government has called on the United States to address its debt problems and ensure the safety of China’s dollar assets. As the largest single… 06/08/2011

  • Auf den Tag genau vor 63 Jahren: Die D-Mark

    Am 21. Juni 1948 wird die Deutsche Mark in der amerikanischen, der britischen und der französischen Besatzungszone Deutschlands eingeführt. Sie löst die nach… 20/06/2011

  • Minsk moneymen slash value of rouble

    Belarussians have been rushing to stock up on essentials and durable goods after the National Bank devalued the rouble by 50 percent against both the dollar… 24/05/2011

  • Estonia says bye-bye to old money

    New money for Estonia as the country becomes the 17th member of the euro zone despite the collective currency’s ongoing troubles. The euro became official… 31/01/2011

  • The year of the rising yuan?

    China will let the yuan rise about five percent against the dollar this year to combat inflation, according to a report in an official newspaper. At the… 05/01/2011

  • Fed says US recovery is still too slow

    Federal Reserve policymakers’ meeting in Washington have said the economic recovery is still too slow to bring down unemployment Fed Chairman Ben Bernanke… 14/12/2010

  • Japan faces exports crunch

    Japan’s export growth slowed for an eighth straight month in October, and the economy is bracing itself for a possible contraction in the final quarter as a… 25/11/2010

  • Federal Reserve chief hits out at China

    The US Federal Reserve’s plan to buy 600 billion dollars worth of government bonds has come under the spotlight in Frankfurt. The Fed’s chairman, Ben… 19/11/2010

  • All eyes on France as G20 ends

    While the jury is still out on how successful the G20 in Seoul actually was, the summit closed with all eyes fixed on France’s Nicolas Sarkozy as he got ready… 13/11/2010

  • Seoul searching for G20 leaders

    World leaders meeting in Seoul managed to put on a show of unity for the traditional family photo – but behind the smiles there have been fractious talks and… 12/11/2010

  • Japanese weakness highlights currency tensions

    Japan’s government has said the country’s economy is now at a standstill and with exports and industrial output weakening it has downgraded its overall… 19/10/2010

  • South Korea holds interest rates

    In the latest round in the currency wars, South Korea has apparently called a truce. Seoul was expected to raise interest rates on Thursday, but did not… 14/10/2010

  • Financial leaders focus on devaluations

    As Japan said it would continue to intervene to push down the value of the yen, if necessary, currency tensions overshadowed the gathering of finance leaders… 08/10/2010

  • IMF-World Bank try to ease currency tensions

    The International Monetary Fund and the World Bank – meeting in Washington – are warning that the world must not slip into a currency war with countries… 07/10/2010

  • The Fed steers clear of easing

    The Federal Reserve has made no changes to its basic monetary policy following a one-day meeting. the central bank does say it’s ready to provide additional… 21/09/2010

  • Japan props up dollar for first time since 2004

    Japan has intervened in the currency markets for the first time in six years, selling the yen to buy dollars. It follows a surge in the value of the Japanese… 15/09/2010

  • No zen for the yen

    The Bank of Japan has bowed to government pressure to curb the rise of the yen in order to protect the country’s fragile economic recovery. The central bank… 30/08/2010

  • Euro holds near $1.30

    The euro is holding its strength for the moment, having hit $1.30 due to an easing of concerns about euro zone countries possibly defaulting on their debt and… 19/07/2010

  • Yuan rises to new high ahead of G-20

    The Chinese yuan has risen to its strongest level against the U.S. dollar in the currency’s modern era. Shortly after opening in China, the dollar fell to… 25/06/2010

  • China agrees to yuan flexibility

    China has announced it will gradually make the exchange rate mechanism for its yuan currency more flexible. The Chinese Central Bank says the move is in… 19/06/2010

  • Beijing resists currency revaluation pressure

    China has said that any decision to let its currency, the yuan, appreciate will be based on its own assessment of the economy. That was in response to … 17/06/2010

  • Investing in a changing world

    There is no time to relax for European businesses as changes in the world economic game bring new players to the fore. That is the message from this year’s… 03/06/2010

  • Euro’s slide has silver lining

    Fears of euro zone countries’ debt problems causing them to default have pushed the euro to a four year low against the dollar and down significantly against… 26/05/2010

  • US-Chinese economic tensions ease

    Tensions between Washington and Beijing seem to have eased in the economic talks between US Treasury Secretary Timothy Geithner and top Chinese officials… 24/05/2010

  • Beijing denies currency manipulation

    The Chinese government has strongly defended its currency policy and denied it manipulates the yuan, but hinted it could be allowed to rise in value again in… 06/04/2010

  • Yuan could be allowed to revalue

    Speculation is mounting that China could soon revalue its currency, the yuan. That would please the United States which has said its value is artificially… 18/02/2010

  • EU delegation seeks to pressure China on monetary policy

    EU leaders have been putting pressure on China to lower the value of the yuan at a summit meeting in Nanjing. EC President Manuel Barroso headed the… 29/11/2009

  • IMF and US push for stronger Chinese currency

    Visiting China, the head of the International Monetary Fund, Dominique Strauss-Kahn, continues to press Beijing to let its currency strengthen. He said… 17/11/2009

  • Markets: 21st October

    After spending most of the day in the red, European shares finished at a new high. Sentiment was boosted by gains on Wall Street where investors took an… 21/10/2009

  • Ecofin looks to deficits and the dollar

    European Central Bank chief Jean-Claude Trichet joined euro zone finance ministers at a meeting to decide when would be the best time to cut the stimulus… 20/10/2009

  • Dollar drops to 14-month low against the euro

    The US dollar has fallen to its lowest level against the euro in more than a year. The value of the US greenback has been slipping against other major… 14/10/2009

  • Markets: 13th October

    The US dollar has continued its slide, hitting a 14-month low against the euro. Investors have been selling to move to relatively high-yielding currencies… 13/10/2009

  • Gold still glittering

    Gold prices continue to rise, hitting record highs on the spot and futures markets at one stage rising above $1,048 an ounce. Traders said there had been… 07/10/2009

  • Markets: 6th October

    European shares finished at their highest in six week – up 2.68 percent – as Australia’s interest rate rise made investors more confident that the global… 06/10/2009

  • Wednesday 9th September

    European shares finished up for the fifth straight session and hit an 11-month closing high. The weakness of the dollar underpinned shares of natural… 09/09/2009

  • Talks yield aid for Latvia as currency fears ease

    Fears that Latvia might devalue its currency have eased after the EU promised more aid in return for budget cuts. The Baltic state is reeling from the… 10/06/2009

  • Euro hailed for stabilising role

    They have been celebrating the euro’s tenth anniversary at the European Parliament in Strasbourg where the single European currency was praised as a beacon of… 13/01/2009

  • The euro – coining an idea

    It is ten years since the euro came into existence as the currency for 11 European countries on 1 January 1999. A decade on, we ask what was the thinking… 12/01/2009

  • Rouble falls further

    With Russia facing the possibility of its first recession in a decade, the rouble has continued to fall in value. On Monday, Moscow allowed the ninth… 29/12/2008

  • Iceland marks historic day amid fears for the future

    Anger and anxiety were the dominant emotions as Iceland marked the 90th anniversary of autonomy amid dire economic prospects. Thousands of people used the… 02/12/2008


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