Sunday, March 20, 2011

G7 cenbanks in rare currency action after yen surge (Reuters)

Tokyo shares surged 2.78 percent in early deals on Friday after the Group of Seven major economies agreed to intervene in markets to stabilise currencies following the massive earthquake and tsunami.(AFP/Jiji Press)Reuters - A coordinated move by central banks of rich nations to stabilize the yen appeared to be working on Friday, tamping its value down after Japan's devastating earthquake and nuclear crisis triggered a yen surge and raised fears about the global economy.


Source: http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/nm/20110318/bs_nm/us_global_economy

Susan Boyle Swine Flu TGIF Thanksgiving Tweetdeck

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