Tag: Near-Zero Rates
Dollar Heads for Biggest Annual Drop Against Yen in Two Decades
By Ron Harui and Andrew MacAskill
Dec. 31 (Bloomberg) — The dollar was set to complete its biggest annual decline against the yen in more than two decades on signs the U.S. economy is sinking deeper into recession.
Posted: December 31st, 2008 under News.
Tags: Australian Dollar, Bailouts, Bank of England, British Pound, Dollar, Euro, European Central Bank, Near-Zero Rates, New Zealand Dollar, Recession, Yen
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