currency

The Treasury Department and the Federal Reserve are spending billions of dollars to stabilize the economy.

But where is that money coming from? NPR's Adam Davidson gives Steve Inskeep a lesson on money: It's more than currency — it's about trust and relationships.

» E-Mail This     » Add to Del.icio.us

For U.S. multinationals trying to sell in a slowing global economy, currency has been a hidden source of strength.

G7 states express concern at the "excessive volatility" in the exchange rate of Japan's currency, the yen.

Recession fears and expectations of sharp interest rate cuts by central banks in Europe sent the dollar soaring against euro and the pound Friday, but the U.S. currency tumbled against the yen.

Hungary's central bank raises interest rates by three points to 11.5% amid fears over its plunging currency.

Leaders from the 15 countries that use the Euro as currency met at a summit in Paris over the weekend to plan a bailout for European banks.They've developed an international program in hopes of stimulating markets across Europe.

» E-Mail This     » Add to Del.icio.us

Pakistan's currency hits a record low against the dollar on fears that President Pervez Musharraf might resign soon.

The dollar remained at its highest level in nearly seven weeks against the 15-country euro Tuesday after the Federal Reserve's decision to hold a key interest rate at 2%, although the U.S. currency edged off its highs.

Zimbabwe's central bank is to introduce a new currency on 1 August to fight the effects of hyperinflation.

The dollar rose against the euro Thursday following the European Central Bank's (ECB) decision to boost interest rates, a move that appeared to have been priced into the currency.