Snow's remarks jolt dollar

Article Abstract:

The the value of the U.S. dollar has dropped against the Chinese yen, the British pound, and Europe's euro, and though its value is expected to continue weakening, analysts contend that the U.S. currency has not yet reached catastrophic proportions. U.S. President George W. Bush is expected to discuss monetary policy with Chinese President Hu Jintao at an upcoming APEC meeting. His aim will be to get China to float the yen against the dollar.

China, Government expenditures, Executive changes & profiles, Public affairs, International politics, Officials and employees, Economic aspects, International aspects, Economic policy, Political aspects, Euro (Currency), Chinese foreign relations, Bush, George W., United States foreign relations, Speeches, lectures and essays, Foreign exchange market, United States. Department of the Treasury, Foreign policy, Yuan (China), Euro currency transition, Snow, John W. (American secretary of the treasury)

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Dollar gets bogged down

Article Abstract:

As the value of the U.S. dollar reaches a low not seen in several years, analysts fear that the decline may only be the beginning of a long-anticipated slide. Record-high oil prices that are taking a toll on the U.S. economy as well as a widening trade deficit and a fall in net portfolio-investment inflows into the U.S. do not bode well for the dollar.

Canada, PETROLEUM AND COAL PRODUCTS, Petroleum, Petroleum and Coal Products Manufacturing, Norway, New Zealand, Petroleum & Energy Products, Labor Distribution by Employer, Statistics, Foreign exchange rates, United States economic conditions, Balance of trade, Currency devaluation, Devaluation (Currency)

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Sterling reaches 6 1/2-year low vs. dollar

Article Abstract:

The UK pound sterling was worth $1.4560 against the US dollar on Aug 28, 2000, a decrease from $1.4703.

United Kingdom, Exchange Rates, International economic relations, Statistical Data Included, Pound (United Kingdom)

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