Archive for the ‘Currency’ Category

Current Inflation Rate In Greece

October 17th, 2011

The economy in Greece has recently undergone a really strong crisis. The expression “inflation rate” means a general rise in prices when compared to the standard, general level of purchasing power. When speaking about the current inflation rate it is important to note the causes of inflation. There are various causes of inflation, the most …

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Bank Concerned About Dollar

June 3rd, 2008

The dollar has fallen 0.4 percent to $1.5611 against the euro, and dropped 0.6 percent against the Swiss franc. It has eased 0.1 percent to $1.9679 against the pound. The Financial Times reports that while US investment banks might be looking for fresh capital injections, Hans Redeker at BNP Paribas has no intention to adjust his …

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Ten Years Since The Euro Stands Stable

June 2nd, 2008
Euros

The Euro has been in existence for a decade and it appears to be more successful and powerful that either its architects or detractors could suppose. Today the euro is circulated in 15 countries and used by approximately 320 million people. According to The International Herald Tribune, the euro has fulfilled its primary mandate. It has fulfilled …

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