|
(CEP News) - The Australian dollar is marginally up against the U.S. dollar after it was announced that Lehman Brothers was on the edge of bankruptcy and Merrill Lynch was in talks to sell itself to Bank of America.
Talking to CNBC, former U.S. Deputy Treasury secretary Roger Altman said the U.S. economy is entering a dangerous place. The euro was down 0.0068 to 1.727 against the Australian dollar. The Australian dollar was up 0.0004 to 0.824 against the greenback. The Canadian dollar was up 0.0004 to 1.1458 against the Australian dollar. The Australian dollar was down 1.7800 to 87.095 against the yen. The Australian dollar was up 0.0030 to 1.2292 against the New Zealand dollar. All data taken at 10:47 EDT Generated by CEP Newswires CEP Newswires - CEP News © 2008. All Rights Reserved. www.economicnews.ca The Copying, Broadcast, Republication or Redistribution of CEP News Content is Expressly Prohibited Without the Prior Written Consent of CEP News. A copy of CEP News disclaimer can be found at http://www.economicnews.ca/cepnews/wire/disclaimer. |
