Posted by Reuters: Business News on November 12, 2010
HOUSTON (Reuters) – Saudi Arabia is “not disturbed” by the drop in the value of the dollar and remains satisfied with oil in the $70 to $80 range, Saudi prince Turki al-Faisal said on Thursday.
Posted by Reuters: Business News on November 17, 2009
NEW YORK (Reuters) – Federal Reserve Chairman Ben Bernanke, in a rare comment on the U.S. dollar’s value, on Monday acknowledged the currency’s slump was causing some prices to rise, but said other factors restraining inflation were winning the day.
Posted by Reuters: Business News on November 16, 2009
NEW YORK (Reuters) – The U.S. central bank is monitoring the declining value of the dollar closely as part of its commitment to both jobs growth and price stability, Federal Reserve Chairman Ben Bernanke said on Monday.
Posted by Reuters: Business News on November 13, 2009
NEW YORK (Reuters) – Wall Street was set for a higher open on Friday after solid earnings from Walt Disney Co and JC Penney Co Inc, following the first losing day in seven sessions for blue chips.
