Wednesday 23 May 2012

CURRENCY UPDATE : 25-May-2012



DOLLAR
The Dollar Index (DXY), which Intercontinental Exchange Inc. uses to track the greenback against the currencies of six U.S. trading partners, declined 0.2 percent to 82.092, after climbing as high as 82.411, the most since September 2010.

EURO
The euro rose from a 22-month low against the dollar after Italian Prime Minister Mario Monti said Greece will probably stay in the euro, and Germany can be persuaded to support Europe’s “common good.”

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