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Econchart Dubai Fallout 112009

Gapa News
Gapa News

This slide shows the USdollar vs. Japanese Yen exchange rate during the week starting Nov. 23, when Dubai said it needed a debt standstill for Dubai World and property group Nakheel

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Dubai Debt: A Nasty Reminder Who said we are back to normal ? - After Dubai said it wanted creditors of Dubai World and property group Nakheel to agree to a debt standstill, stocks around the world tumbled on concern about the fallout Crude oil futures fell to a six-week low, commodities tanked, the dollar gained against most major currencies One week US Dollar vs. Japanese Yen Exchange Rate 89.50 88.50 The dollar卒s Dubai spike 87.50 86.50 85.50 84.50 Monday Tuesday Wednesday Thursday Friday Orders for Reprint at Nov. 28, 2009 www.markusgaertner.com GAPA NEWS

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Econchart Dubai Fallout 112009

  • 1. Dubai Debt: A Nasty Reminder Who said we are back to normal ? - After Dubai said it wanted creditors of Dubai World and property group Nakheel to agree to a debt standstill, stocks around the world tumbled on concern about the fallout Crude oil futures fell to a six-week low, commodities tanked, the dollar gained against most major currencies One week US Dollar vs. Japanese Yen Exchange Rate 89.50 88.50 The dollar卒s Dubai spike 87.50 86.50 85.50 84.50 Monday Tuesday Wednesday Thursday Friday Orders for Reprint at Nov. 28, 2009 www.markusgaertner.com GAPA NEWS