Rich Dad - get rid of the outdated concept of money 8: long-term investment
Wednesday, September 15, 2010
Yen hits 15-year high vs dollar
Reuters
September 14, 2010
The dollar hit a 15-year low against the yen on Tuesday, testing Japanese authorities’ resolve to stem the yen’s climb after Prime Minister Naoto Kan won a party leadership vote.
Here are some milestones in the yen’s 138-year history:
1871 – The yen becomes Japan’s currency as part of the Meiji Restoration, which marked the start of Japan’s modernization and opening to the rest of the world. Japan adopts the gold standard.
1949 – After World War Two the dollar’s fixed rate is set at 360 yen via the Bretton Woods system, partly to help stabilize prices in the Japanese economy.
Read Article >>>>
September 14, 2010
The dollar hit a 15-year low against the yen on Tuesday, testing Japanese authorities’ resolve to stem the yen’s climb after Prime Minister Naoto Kan won a party leadership vote.
Here are some milestones in the yen’s 138-year history:
1871 – The yen becomes Japan’s currency as part of the Meiji Restoration, which marked the start of Japan’s modernization and opening to the rest of the world. Japan adopts the gold standard.
1949 – After World War Two the dollar’s fixed rate is set at 360 yen via the Bretton Woods system, partly to help stabilize prices in the Japanese economy.
Read Article >>>>
BP CEO Hayward Faces Spill Questions
BP's Hayward Faces Spill Questions
Departing BP CEO Tony Hayward prepared to face UK MPs Wednesday to answer question on the Mexico oil spill. Rupert Nathan from Fat Prophets told CNBC that it will be a fact-finding exercise.
Departing BP CEO Tony Hayward prepared to face UK MPs Wednesday to answer question on the Mexico oil spill. Rupert Nathan from Fat Prophets told CNBC that it will be a fact-finding exercise.
Subscribe to:
Comments (Atom)
