Archive for November 18th, 2008
BOJ May Seek `Double Impact’ When Selling Yen, BNP Paribas Says
By Shigeki Nozawa
Nov. 18 (Bloomberg) — The Bank of Japan may seek the “double impact” of supporting exporters and increasing money supply by selling its own currency without absorbing funds after the intervention, BNP Paribas Securities Japan Ltd. said.
Posted: November 18th, 2008 under News.
Tags: BNP Paribas, BOJ, Double Impact, Yen
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Dollar Strengthens Against Euro, Japanese Yen
By Andrew Macaskill
Nov. 18 (Bloomberg) — The dollar rose against the euro and the Japanese yen.
The U.S. currency rose to $1.2611 against the euro as of 8:21 a.m. in London from $1.2650 yesterday in New York. It climbed to 96.71 yen from 96.43 yen. The euro bought 121.91 yen from 121.99 yen. The pound was [...]
Posted: November 18th, 2008 under News.
Tags: Dollar, Euro, Yen
Comments: none