G7 FX Statement Said Close to Boca Raton
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A statement from the Group of Seven rich nations on foreign exchange due later on Saturday will have very similar wording to the communique adopted last year in Boca Raton, Florida, a G7 source told Reuters.
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BERLIN: A communique from the G20 group of rich and developing countries made no explicit reference to currency swings on Sunday, despite mounting concern in Europe and Japan over a slide in the US dollar to multi-year lows.
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The dollar was in striking distance of  record lows against the euro and 7-    month lows versus the  yen on Thursday, as traders concluded that nations at an  upcoming G20 meeting would tolerate a weaker dollar.
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Remarks about the U.S. economy and its possible effects on the world at the World Economic Forum in Davos, Switzerland.
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The dollar held near a one-week high  against the euro on Tuesday as the market turned its attention  to optimism about the U.S. economy after awaiting a G7  statement last week that offered no surprises.
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German Finance Minister Eichel called for the euro&#39;s &quot;brutal&quot; rise versus the dollar to be put on the agenda of the summit of G20 countries in Berlin this weekend amid concerns the greenback&#39;s slide could hit EU growth.
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The dollar held near a one-week high  against the euro on Tuesday on optimism about the U.S. economy  as the market awaited comments from Federal Reserve Chairman  Alan Greenspan.
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The U.S. Fed Cup team's quarterfinal against Belgium on April 23-24 will be in Delray Beach, Fla.
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Buenos Aires (VNA) - Ministers from the 21 economies of the Asia-Pacific Economic Cooperation (APEC) forum met on Tuesday and Wednesday to prepare the agenda for the 12th APEC summit scheduled in Santiago, Chile on Nov. 20-21.
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&quot;Recent comments ... appear to suggest the US authorities are happy to let the dollar fall further, so long as the move is gradual and orderly.
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The yen cleared a seven-week high  against the euro and held near a one-week peak on the dollar on  Wednesday after comments by the European Central Bank's chief  economist urging Asia to share the burden of dollar weakness.
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The dollar kept close to the previous session&#39;s one-week highs against the euro and Swiss franc on Thursday, holding steady as investors awaited US data to confirm fresh signs of strength in US manufacturing.
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BERLIN: The United States, Germany and other G7 nations agreed yesterday to write off up to 80 per cent or $33 billion of Iraq&#39;s Paris Club debt, which could pave the way for a wider international accord, officials said.
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A communique from the G20 group of rich and developing countries made no explicit reference to currency swings on Sunday, despite mounting concern in Europe and Japan over a slide in the U.S. dollar to multi-year lows.
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A communique issued in Chile by finance ministers of the Asia-Pacific Economic Forum conveys an impression that currency flexibility in China is a rather long work-in-progress, if it&#39;s even that.
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The G7 finance ministers are due to meet in Germany, with the low value of the yen likely to be a key issue of debate.
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The dollar kept close to the previous  session's one-week highs against the euro and Swiss franc on  Thursday, holding steady as investors awaited U.S. data to  confirm fresh signs of strength in U.S. manufacturing.