Not exact matches
Japan's yen has weakened 13 percent over the past three months, while the Nikkei stock index has surged
about 25 percent on hopes for bold
action by the
central bank.
The euro, which had already been near its lowest level in 11 years on expectations of
action by the
central bank, weakened further against the dollar, falling
about 1 percent to around $ 1.14, a move that could help European exporters.
She was speaking alongside Reserve
Bank of India Governor Raghuram Rajan, who has repeatedly warned about the impact central bank actions in major economies can have on the developing wo
Bank of India Governor Raghuram Rajan, who has repeatedly warned
about the impact
central bank actions in major economies can have on the developing wo
bank actions in major economies can have on the developing world.
Along with Paulson's
about - face,
central banks and governments across the world took an unprecedented set of
actions during that four - week period.