As of February 02/2009, according to CNN news USA dollar mixed against rival currencies. Dollar value has fallen down, and where as Euro showed up 7% up and pound sank to 1.6% against dollar. ECB current lending rate stands at 2%, where as bank of England key rate sits at 1.5%. Bank of England expected to cut its key, where as European central bank is expected typically to keep its lending rate key on hold. Due to economic atrophy inflation, people are disappointed being at risk for loss of jobs. Everybody is trying to get out of that bad situation and hoping to have economy better soon.
Subscribe to:
Post Comments (Atom)

No comments:
Post a Comment