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(Image from article: "China says it will move cautiously on currency")

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Exchange Rate Topics

American Air's parent AMR posts loss on fuel costs

AMR Corp, parent of American Airlines, reported on Wednesday a quarterly loss as the company was pressured by high fuel costs and volatile foreign exchange rates.

Senh: They can't make that up with all of the airline fees they're charging consumers?

China says it will move cautiously on currency

China's central bank governor acknowledged Saturday that Beijing is using its controversial exchange-rate controls to cope with the global economic crisis and said it will be cautious about retreating from the policy....

Venezuela Devalues Bolivar 17% To 50%

Two-tier exchange rate reintroduced to limit imports and help domestic businesses.

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