August 17, 2001 |
The dollar, strongman of world currencies for most of the last six years, has dropped 9% against the euro since early July, cheering both U.S. manufacturers and European politicians--but unnerving some global investors. The dollar also has eased against the Japanese yen, despite continued economic woes in Japan.
July 29, 2001 |
To Rep. Jim Kolbe (R-Ariz.), pennies represent a waste of space. They're inefficient, bothersome, nearly worthless. And, if Kolbe has his way, the coins would be largely taken out of circulation. Kolbe has introduced a bill in Congress to greatly reduce the use of pennies in daily transactions.
July 23, 2001 |
The dollar rose in early trading today, halting a four-day decline against the yen, after leaders from the eight biggest industrialized nations didn't focus on currencies during their weekend summit, erasing concerns that President Bush might ask to stem the dollar's rise. U.S. Treasury Secretary Paul H. O'Neill also reiterated Sunday, "I believe a strong dollar is in the interest of the United States." The U.S. currency rose to 123.53 yen from 122.
CALIFORNIA | LOCAL
July 19, 2001 |
For years it was tucked away in a safe deposit box, but soon a rare two-tailed coin will be in the national spotlight. The 1965 Washington quarter-dollar struck from two reverse dies has been authenticated by one of the nation's top coin certification services, which estimated its value at between $75,00 and $100,000. The coin's owner, an Encino-based collector and dealer, will display the unusual quarter for the first time next month at the American Numismatic Assn.
July 6, 2001 |
Can anything stop the dollar? The U.S. currency surged Thursday to an eight-month high against the euro and a three-month high against the yen as traders continued to judge the U.S. economy's prospects superior to its rivals'. It took 83.64 cents to buy a euro Thursday in New York, down from 84.78 cents Tuesday and the weakest level for the euro since October. Meanwhile, one dollar bought 125.77 yen in New York, up from 124.45 Tuesday and the most since 126.80 on April 2.
June 12, 2001 |
and Bloomberg News The dollar powered higher against the world's three other major currencies Monday as the slowed U.S. economy still looks better than the alternatives to many global investors. The dollar hit a six-month high against the euro and a 16-year high against the British pound before profit-taking set in.