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Judgement day looms for euro
Judgement day looms for euro

When the history books come to be written about the euro, September 12, 2012 could well prove one of the most significant dates in the life of the embattled single currency.

Judgement day looms for euro
Italian Prime Minister Mario Monti. ©REUTERS/Juan Medina
Italy's Monti warns against euro being EU 'break-up factor'

The euro must not become a "break-up factor" that pits northern Europe against crisis-choked nations in the south of the continent.

Italy's Monti warns against euro being EU 'break-up factor'
Euro stays weak in Asia after ECB disappointment
Euro stays weak in Asia after ECB disappointment

The euro stayed bearish against other currencies in Asia trade Friday after taking a hit from the European Central Bank's announcement of no immediate measures to fight the debt crisis.

Euro stays weak in Asia after ECB disappointment
Photo courtesy of iforexnews.com
Euro inches off multi-year lows in Asian trade

The euro inched higher in Asian trade on Wednesday after hitting new multi-year lows against the dollar and yen amid worries over the European debt crisis.

Euro inches off multi-year lows in Asian trade
Photo courtesy of theaustralian.com
Euro falls to lowest against yen in over a decade

The euro tumbled below 95 yen for the first time in almost 12 years on Monday as dealers rushed to the safe-haven Japanese unit owing to growing fears about Spain's debt crisis.

Euro falls to lowest against yen in over a decade
Photo courtesy of twylah.com
Euro under pressure as Moody's lowers Italy bond rating

The euro was under fresh selling pressure to fall below $1.22 in Asia trade on Friday after ratings agency Moody's on Friday downgraded Italy's government bond rating.

Euro under pressure as Moody's lowers Italy bond rating
Photo courtesy of dollareuro.fr
World stocks, euro, oil jump as EU summit delivers

World stock markets surged Friday, the euro jumped against the dollar, and oil prices rocketed after a key EU summit delivered surprise emergency measures to fight the eurozone debt crisis.

World stocks, euro, oil jump as EU summit delivers
Madiyar Kenzhebulat in BloGpost show
Kazakhstan Tenge will not be devalued: expert

An expert of Kazakhstan Ministry of Economic Development Madiyar Kenzhebulat said that 166 tenge per 1 dollar would be “the worst scenario” for Kazakhstan currency.

Kazakhstan Tenge will not be devalued: expert
© Yaroslav Radlovsky
Kazakhstan slashes the share of Euro in its FX reserves

So far we don’t plan to further change the breakdown of currencies in the nation’s currency reserves: Central Bank Governor.

Kazakhstan slashes the share of Euro in its FX reserves
Japan bought 10% of eurozone fund's latest bonds
Japan bought 10% of eurozone fund's latest bonds

Japan bought half as many bonds as usual in the eurozone rescue fund's latest issue, an official in Tokyo said Tuesday.

Japan bought 10% of eurozone fund's latest bonds
Kazakhstan ready for a new wave of financial crisis
Kazakhstan ready for a new wave of financial crisis

However, should the crisis be lingering, we will have to review approaches to the budgeting process: Samruk – Kazyna Sovereign Wealth Fund Vice Chairman of the Board.

Kazakhstan ready for a new wave of financial crisis