Dollar rises vs. most rivals as G-20 ministers meet
Source: The Wall Street Journal’s Market Watch
TOKYO – The dollar gained against most major rivals in Asian trading Friday, as investors were reluctant to be short of the U.S. unit as finance ministers from the Group of 20 nations gathered in the South Korean city of Gyeongju, Market Watch reports.
In a letter to his G-20 counterparts, U.S. Treasury Secretary Timothy Geithner said countries shouldn’t use competitive exchange-rate policies and that exchange rates should reflect economies.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Alcorn president launches new customer service task force
- NEW IN MADISON COUNTY — Mississippi Bio-Medical Business Collaboratory to be introduced Friday
- Court rules against Greenwood councilwoman; must give up office
- David Duval, former British Open winner, joins Sanderson Farms field
- GreenTech holds grand opening of neighborhood electric vehicle plant
- Turner Grain’s bankruptcy will help consolidate lawsuits alleging breach of contract
- Cochran continues to reach out to African American voters
- Peoples Bank reports quarterly loss due to bad loans
- Senators write letter over Waters of the United States proposal