The Money & Finance Blog

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 [...]

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 [...]