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Moldova reports higher unemployment rate in 2010
April 03, 2011The number of the unemployed increased by 11,000 people in 2010 against 2009, reaching 92,000, according to data by the National Statistics Bureau (BNS). As much as 62.3 per cent of the unemployed were men, and 62.4 per cent were people from urban areas...
US unemployment rate falls to new two-year low of 8.8%
April 02, 2011The US unemployment rate fell to a new two-year low in March of 8.8%, from 8.9% in February. It was the fourth monthly fall in a row. The unemployment rate has fallen by a percentage point during the last four months. Employers created 216,000 jobs...
UK inflation rate rises to 3.7%
January 18, 2011UK inflation jumped in December with the Consumer Prices Index (CPI) rising to 3.7%, up from 3.3% in November. Retail Prices Index (RPI) inflation - which includes mortgage interest payments - rose to 4.8% from 4.7%. The rise will put further pressure...
U.S. dollar starts going up, overcoming 12 lei barrier
November 26, 2010Starting from November 23, the U.S. dollar rate started again going up at the Moldova currency market. The cash dollar buying rate went up to 12.02 lei from 11.9 lei per 1 U.S. dollar during last 2 days (the highest buying rate on November 25). Independent...
Geithner to pursue currency norms at G20 meeting
October 21, 2010U.S. Treasury Secretary Timothy Geithner says he will urge his G20 counterparts to agree on better rules to regulate currency exchange rates when they meet later this week in South Korea. Fears of a "currency war," in which countries devalue...
NBM keeps rates on main instruments unchanged
August 03, 2010Taking into account the macroeconomic assessment of the situation and the inflation forecasts, the Administrative Council of the National Bank of Moldova (NBM) kept the rates on the basic instruments of the monetary-credit policy at the previous level...
Bank of Japan keeps key rate steady
November 13, 2007Japan's central bank kept its key short-term interest rate unchanged at 0.5 percent Tuesday amid growing concerns about U.S. economic growth. The Bank of Japan's 8-1 policy board vote marked the fifth time the vote wasn't unanimous. Board member...
China's urban unemployment rate declining
November 12, 2007China's urban jobless rate has declined just .1 percent from last year even though more than 10 million urbanites found work so far this year. Labor and Social Security Vice Minister Zhang Xiaojian said that by creating more than 10 million jobs in...
Fed acted to help Main, not Wall, Street
November 06, 2007The two latest interest rate cuts were meant to reduce U.S. economic risk, not lessen investors' risk of losing money, Federal Reserve governor said Monday. Frederick Mishkin, in a speech during a risk management conference in New York, said the Fed...
Japan interest rate left unchanged
October 31, 2007Japan’s central bank, responding to continuing volatility in global financial markets, Wednesday left its short-term interest rate unchanged at 0.5 percent. The 8-1 decision by the Bank of Japan's policy board was in line with market expectations...
