Thu, 27 Mar 2003: Time for euro to supplant dollar…
Mar 27, 2003 Baltics
It works so well that it seems it will pass through a period of economic downturn while keeping its institutions in place."Persson had earlier commented that Britain and the United States cannot a...Tags: Economic Downturn, Euro Dollar, Institutions, Persson, Reconstructing Iraq, United States
Thu, 9 Jan 2003: One year later, euro soars against dollar…
Jan 9, 2003 Baltics
currency. From the moment it was introduced as an invisible currency for accounting purposes four years ago, the euro has faced an uphill struggle. Amid derisive jeers from skeptics in the politic...Tags: Capital Investments, Currencies, Deutsche Bank, Dollar Currency, Euro Currency, Euro Dollar, Financial Worlds, Frankfurt, Investors, Jeers, Ottmar, Record Lows, Skeptics, Slow Acceptance, Soars, Uphill Struggle
Thu, 9 Dec 1999: Euro’s fall will help banks hit target…
Dec 9, 1999 Baltics
The target amount is currently worth 2.93 million lats ($5.05 million). The euro's fall against the dollar is helping borderline banks edge up to the line. The euro hit a new low Dec. 3 at 0.9990 ...Tags: Borderline, Capi, Euro Dollar, Lats, Latvian Banks, Press Time, Target, Waiting For God
Thu, 21 Oct 1999: Lithuania to skip euro/dollar peg…
Oct 21, 1999 Baltics
Reinoldijus Sarkinas also said that a devaluation of the litas would not be on the central bank's agenda when it prepared the next three-year monetary policy program for the country, and that the ...Tags: Currency Board Regime, Devaluation, Dire Need, Dollar Rate, Euro 2000, Euro Dollar, Litas, Lithuania, Monetary Policy, Peg, Strength Of The Dollar