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15/08/2001
Euro tops 90 cents as it forges on to a new high
The euro was heading towards a new mid-year high as it pushed through the 90 cent barrier against the US dollar on Wednesday morning.
The dollar slid against the euro and the yen as currency markets continued to respond to downbeat assessments of the health of the US economy made by the International Monetary Fund (IMF).
The IMF warned that the US economy’s current deficit was unsustainable and analysts predicted that the dollar was likely to face a sharp depreciation. Further gloomy data on the US economy was anticipated with the release of US industrial production figures on Wednesday. The US output has fallen for nine consecutive months and although the decline was widely expected to be reduced, analysts were still forecasting another fall in advance of the report.
The euro hit a five-month high of 63 pence against the UK pound, as a press report claiming that UK Chancellor Gordon Brown had instigated an assessment on whether or not the UK should join the euro, undermined the value of the pound on Tuesday. (SP)
The dollar slid against the euro and the yen as currency markets continued to respond to downbeat assessments of the health of the US economy made by the International Monetary Fund (IMF).
The IMF warned that the US economy’s current deficit was unsustainable and analysts predicted that the dollar was likely to face a sharp depreciation. Further gloomy data on the US economy was anticipated with the release of US industrial production figures on Wednesday. The US output has fallen for nine consecutive months and although the decline was widely expected to be reduced, analysts were still forecasting another fall in advance of the report.
The euro hit a five-month high of 63 pence against the UK pound, as a press report claiming that UK Chancellor Gordon Brown had instigated an assessment on whether or not the UK should join the euro, undermined the value of the pound on Tuesday. (SP)
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14 August 2001
Euro reaches new high against US dollar
Last week’s improving fortune of the euro currency on the foreign exchanges has continued this week. The euro, which has long been viewed as a fragile currency, has found a new gear on Monday as it powered to a new high close to 90 cents.
Euro reaches new high against US dollar
Last week’s improving fortune of the euro currency on the foreign exchanges has continued this week. The euro, which has long been viewed as a fragile currency, has found a new gear on Monday as it powered to a new high close to 90 cents.
12 March 2015
Belfast Firm Scoops Business For It's Free'ist Products From Spinney's
GM Marketing in Belfast has won business for its Free'ist sugar and gluten-free products from Spinney's, with assistance from Invest Northern Ireland.
Belfast Firm Scoops Business For It's Free'ist Products From Spinney's
GM Marketing in Belfast has won business for its Free'ist sugar and gluten-free products from Spinney's, with assistance from Invest Northern Ireland.
16 August 2001
Ireland’s companies should prepare for euro payslips
When the Republic of Ireland switches to the euro on 1 January 2002, one of the first visible signs for the working population will be receiving the euro amount on their payslips.
Ireland’s companies should prepare for euro payslips
When the Republic of Ireland switches to the euro on 1 January 2002, one of the first visible signs for the working population will be receiving the euro amount on their payslips.
14 December 2001
Trading Standards offers advice on dual pricing
DETI Trading Standards Service (TSS) has offered advice to retailers who are planning to accept the euro, as well as sterling, from January 1, 2002. The TSS said in all circumstances the sterling price for goods must be displayed.
Trading Standards offers advice on dual pricing
DETI Trading Standards Service (TSS) has offered advice to retailers who are planning to accept the euro, as well as sterling, from January 1, 2002. The TSS said in all circumstances the sterling price for goods must be displayed.
09 July 2001
COMPANIES WARNED NOT TO IGNORE EURO
SMALLER companies who occasionally trade in mainland Europe and Eire have been warned not to ignore the debate on whether the UK will enter the single currency.
COMPANIES WARNED NOT TO IGNORE EURO
SMALLER companies who occasionally trade in mainland Europe and Eire have been warned not to ignore the debate on whether the UK will enter the single currency.
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Northern Ireland WeatherToday:It will be cloudy again throughout the day. Mainly dry in the morning, but patchy drizzle in places, becoming more widespread and persistent in the afternoon. Freshening southwesterly winds. Maximum temperature 12 °C.Tonight:Cloudy with a spell of heavy rain pushing south through late evening and the early hours, followed by some clear spells. Minimum temperature 6 °C.
