Latest currency rates

World Currency Rates
World Currency Rates
In the foreign exchange market and international finance, a world currency, supranational currency, or global currency refers to a currency in which the vast majority of international transactions take place and which serves as the world's primary reserve currency. In March 2009, as a result of the global economic crisis, China pressed for urgent consideration of a global currency. A UN panel of expert economists has proposed replacing the current US dollar-based system by greatly expanding the International Monetary Fund's special drawing rights (SDRs).
Currencies have many forms depending on several properties: type of issuance, type of issuer and type of backing. The particular configuration of those properties leads to different types of money. The pros and cons of a currency are strongly influenced by the type proposed. Consider, for example, the properties of a complementary currency.

World Currency Rates

World Currency Rates

World Currency Rates

World Currency Rates

World Currency Rates

World Currency Rates

World Currency Rates

World Currency Rates

World Currency Rates

World Currency Rates

One World Currency 2011

world currency

Source: World Currencies

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Here's the rest of the article...

2010-03-26 14:32:39 by secureourborders

One risk is that the government ultimately veers too far in the direction of forbearance, giving banks more reason to ignore losses and possibly causing homeowners to opportunistically default. That actually could prolong the housing slump and act as a drag on the nascent economic recovery.
Another is that the expanded assistance program could pack less punch than the administration hopes. After all, some principal forgiveness and refinancing options will depend on the willingness of lenders to take part.
The Treasury Department acknowledged in a statement announcing the new housing plan that it was walking a tightrope, saying the government "must balance the need to help responsible homeowners struggling to stay in their homes, with the recognition that we cannot and should...

Housing Crisis Worsens As Economy Weakens

2008-12-22 21:20:18 by Pelham-Bay

Housing Crisis Worsens As Economy Weakens
Mon Dec 22, 2008 4:12pm EST
WASHINGTON (Reuters) - The desperate straits of many U.S. homeowners showed in new data released on Monday, suggesting efforts to help them are having limited success.
As the recession throws more people out of work, the rate of re-default on modified mortgages is rising and may worsen as the economy deteriorates, banking regulators said.
After much browbeating from Congress, banks and other mortgage lenders are beginning to do more, to modify home loans so that distressed borrowers can avoid foreclosure.
But the latest figures from regulators raise questions about how modifications are being done and how much they help, even as foreclosure rates hit record-setting levels.
"You have...

How to trade in currency markets  — Business Line
By including currency in their portfolio, investors can reduce the overall volatility to an extent and increase returns. While using money to buy and sell comes naturally to us, the thought of buying and selling money (currency) itself seems alien.

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