Thursday, Oct 08, 2009
Do the wall street shuffle, watch the greenbacks tumble, feel the Sterling crumble
BBC Business: Banks step in as dollar tumbles
Asian central banks have intervened in the currency markets in an attempt to slow the slide of the US dollar. Asian countries are worried about their export industries, which would be hurt by a weaker dollar. Central banks in South Korea, Taiwan, the Philippines and Thailand have been buying the US currency, traders said.
Posted by jack c @ 08:12 PM (350 views) Add Comment
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