PDA

View Full Version : Fiji Devalues Dollar as Military Tightens Control - Bloomberg



NewsWhore
04-15-2009, 02:50 AM
<img alt="" height="1" width="1">
Fiji Devalues Dollar as Military Tightens Control (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601091%26sid%3DaGcTgCW5GpaA%26refer%3Dindia&cid=1333698665&ei=UYXlSfXEEZuoM6iSveoG&usg=AFQjCNGR4WPrMh5yuPwQqfqbBzU9DIQMkg)
Bloomberg
The central bank fixed the currency at $0.5697 this morning before the devaluation and subsequently lowered the official rate to $0.4558. The Fijian dollar’s value is managed against a basket of the currencies of the nation’s trading partners. ...


More... (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601091%26sid%3DaGcTgCW5GpaA%26refer%3Dindia&cid=1333698665&ei=UYXlSfXEEZuoM6iSveoG&usg=AFQjCNGR4WPrMh5yuPwQqfqbBzU9DIQMkg)