World news about “Currency” published by euronews.
Japanese yen’s bumpy ride holds promise and danger The Japanese yen has gone through the 100 to the dollar mark for the first time since April 2009, and is now at a four-year low edging towards 102. Since… 10/05/2013
Egypt faces crisis with a devalued currency Egypt is facing a major credit crisis as its banks hold a national currency which is fast losing its value on international exchange markets. Since the… 29/03/2013
Latvia applies to join the eurozone Latvia’s government has applied to join the eurozone next year. The Baltic country would become the 18th nation to become part of the single currency zone… 05/03/2013
Bank of Japan nominee Kuroda pledges to fight deflation Haruhiko Kuroda, the man who is set to take over at the Bank of Japan, has been talking tough at his confirmation hearing at the parliament in Tokyo. Unlike… 04/03/2013
Japan nominates tough-talking central bank boss The Bank of Japan seems to be on course to pump more money into the economy as the man who has just been nominated to run it is an advocate of aggressive… 28/02/2013
Currency wars and ‘the lazy French’ At the G-20 meeting in Moscow Mario Draghi said he feels that there is too much “chatter” about currency wars, which he called “either inappropriate or… 22/02/2013
Make multinationals pay tax, UK and others urge G20 Britain, France and Germany are spearheading a campaign at the G20 summit in Russia for an international clampdown on corporate tax avoidance. A report by… 16/02/2013
G20: Don’t mention the weak yen Moscow was the venue for the latest skirmishes in the so-called currency war as finance leaders from the G20 group of the world’s richest nations met. Just… 15/02/2013
G7: no currency wars Group of Seven nations have vowed not to engage in currency wars – that is pushing down the value of their currencies to create trade advantages and boost… 12/02/2013
EU finance chiefs debate strong euro EU finance ministers met in Brussels on Tuesday amid French concern over the strength of the euro. Paris says the value of the single currency should not be… 12/02/2013
France and German square off over strong euro How worried should eurozone policymakers be about the rise in the value of the euro? Is the region set to lose out in a new currency war involving the euro… 06/02/2013
Egypt holds dollar auctions to avert currency crisis Egypt is taking urgent action to avoid a currency crisis and prevent a messy devaluation. After appealing to people to go easy on exchanging the local pound… 30/12/2012
Fiscal cliff gives markets economic vertigo The US fiscal cliff is so-called because it is a scything, indiscriminate sucking of money out of the economy by the government, to pay its bills. The… 27/12/2012
Iran’s rial crisis linked to regime To discuss the impact being felt in Iran by the weakening of its currency, we spoke to a professor at the Burgundy Business School in France, home to a… 02/10/2012
Banks still want the euro in their vaults The eurozone may be in the midst of a debt crisis, but the euro itself is still in strong demand as a reserve currency. Around the world governments show… 11/07/2012
Does Greece have a future in the euro? It is the currency many Europeans love to hate, and few really love. Now a decade old, the euro has been blamed by many for higher prices and hard times… 06/06/2012
Rouble tumbles further on oil price slide The rouble has continued to drop in value, hitting a three year low against the dollar as it slid more than five percent in a week. The Russian currency has… 01/06/2012
US financial chiefs meet amid signs of recovery The US Federal Reserve meets today with analysts expecting few, if any, changes in monetary policy. It is expected that a slightly brighter economic outlook… 13/03/2012
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
French call for action over euro wins little supportEurozone finance ministers have agreed to put the thorny question of the euro’s value to the G20 meeting in Moscow later this week. Finance ministers and… 12/02/2013
Cash only at the VaticanIn St. Peters Square and throughout the Vatican it is cash only. All electronic payments by bank cards have been suspended and the ‘hole in the wall’ machines… 03/01/2013
Mandela is the new face of South Africa banknotesFormer South African President Nelson Mandela is now the smiling face of the country’s freshly minted banknotes. The 94-year-old is the first black person… 06/11/2012
Riots erupt in Tehran over collapse of Iranian currencyDemonstrations reached boiling point at the main bazaar in Tehran – the centre of trade and foreign exchange dealing. Images from an unverified amateur… 03/10/2012
Iran’s currency falls to a record lowIran’s currency has reportedly fallen to a record low against the US dollar. There are now 35 thousand rials to the dollar, according to agency reports… 02/10/2012
Iran’s currency plummets six percent in one dayIn Tehran’s street market on Saturday, one American dollar was trading for 28,800 Iranian rials, a record six percent drop from the previous day. The… 30/09/2012
Closer ties between USA and BrazilBrazil’s emergence as major economic power gave its president the confidence to assert her views at a meeting with US president Barack Obama on Monday… 10/04/2012
The flowers that launched the euroTo 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 francA 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 debtChina 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 currencyThe 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-MarkAm 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 roubleBelarussians 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 moneyNew 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 slowFederal 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 crunchJapan’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 ChinaThe 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 endsWhile 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 leadersWorld 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 tensionsJapan’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 ratesIn 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 devaluationsAs 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 tensionsThe 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 easingThe 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 2004Japan 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 yenThe 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 $1.30The 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-20The 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 flexibilityChina 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 pressureChina 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 worldThere 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 liningFears 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 easeTensions 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 manipulationThe 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 revalueSpeculation 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 policyEU 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 currencyVisiting 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 OctoberAfter 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 dollarEuropean 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 euroThe 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 OctoberThe 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 glitteringGold 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 OctoberEuropean 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 SeptemberEuropean 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 easeFears 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 roleThey 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 ideaIt 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 furtherWith 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 futureAnger 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
