Will the euro be strong and stable?

Article Abstract:

Some economists predict that the euro may cause disturbing volatility in exchange rates. However, the increased size of the market should lessen the impact of changes in exchange rates. Investors are looking for the next currency to join the euro. The pound sterling has maintained its value as investors seek to diversify.

Functions related to deposit banking, Foreign Exchange Dealers, Commodity Contracts Dealing, Foreign Exchange & Reserves Policy, Economic aspects, Prices and rates, Foreign exchange, Euro (Currency)

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Stock slide leads to long hangover

Article Abstract:

A report from the Organization of Economic Cooperation and Development forecasts that economic activity will decrease in 1999 with moderate economic growth to take place in 2000. Emerging market economies and the economic difficulties in Asia are expected to continue to have an effect on organization member economies.

United States, Japan, Economic Planning & Research, Forecasts and trends, Economic conditions, Economic indicators, Organization for Economic Cooperation and Development

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Rate cuts aim to ease birth of euro

Article Abstract:

All banks in Europe, except Italy, decreased their base interest rates to 3% on Dec 3, 1998. The move was coordinated by the European Central Bank and the Bundesbank to remove major pressure from the central bank which will assume responsibility for Euroland monetary policy on Jan 1, 1999.

Banking Institutions, Depository Credit Intermediation, DEPOSITORY INSTITUTIONS, Banking industry, Management, Banks (Finance), Economic policy, European Union. European Central Bank, Deutsche Bundesbank

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