84 Sentences With "currency exchange rate"

Traders attributed the slight rise in prices to the changes in the currency exchange rate.

Currency exchange rate shifts had a "slightly negative" effect on earnings, the company said Friday.

An earlier version of this article included outdated information about a subsidized official currency exchange rate.

He also encouraged China to advance economic reforms, including a transition to a market-determined currency exchange rate.

China's central bank allows the currency exchange rate to rise or fall 2 percent from the midpoint rate.

Foreign debt "is typically relatively expensive, particularly given the current macroeconomic and foreign currency exchange rate environment," it said.

When this drove up inflation, making basic goods unaffordable, he instituted price controls and fixed the currency exchange rate.

PayPal will also give you information on the currency exchange rate for any country you want to send money to.

I always get cash out of the ATM machines since the currency exchange rate tends to be the best that way.

However, the company said its revenues per available seat kilometer fell 6.8 percent when removing the impact of the currency exchange rate.

President Nicolas Maduro announced Monday night that his oil-exporting nation will put a new currency exchange rate in place next week.

In June, IATA said that airline revenues then worth $5 billion were being blocked by countries with tight currency exchange rate controls.

"We might be the first company to announce a billion-dollar acquisition in Europe, taking advantage of the currency exchange rate," Aron said.

Greene King is also battling rising costs due to the government's National Living Wage initiative, higher property prices and unfavourable currency exchange rate.

If you're, say, at work, it might show a watch face with complications like your calendar, email, or maybe a currency exchange rate.

Policymakers must respect international laws and avoid making targeted currency exchange rate comments, the governor of the Bank of France said in an interview Tuesday.

Since 2015, the government of the $87 billion economy has introduced fiscal and monetary policy measures including tax reforms and a flexible currency exchange rate.

It tells you the exact exchange rate in case you want to compare it with the interbank currency exchange rate as well as TransferWise's fee.

Looking abroad for steel would leave firms like QRL that use British steel exposed to swings in the currency exchange rate and higher transportation costs.

"Foreign currency exchange-rate declines relative to the Canadian dollar were the fund's main headwind during the quarter," Chief Executive Mark Machin said in a statement.

The ratings consider the banks' reasonable asset quality metrics supported by the stabilised economic environment and currency exchange rate, their adequate capitalisation and stable funding profiles.

BUDAPEST, May 3 (Reuters) - Reuters will publish its Central European currency exchange rate poll on Monday, rather than on Friday when other foreign exchange polls were published.

Wetherspoon, like other operators in the sector, has been battling rising costs due to the government's National Living Wage initiative, higher property prices and unfavourable currency exchange rate.

I ask for their opinions on how to best pay off my student loans, as I have $7,000 left and need to factor in the currency exchange rate.

Instead of interest rates, the Monetary Authority of Singapore (MAS) uses the currency exchange rate to set monetary policy because of the city-state's small and open economy.

YESTERDAY YOU CONTACTED CHRISTINE LAGARDE AT THE IMF AND HAD SOME CONVERSATIONS WITH HER ABOUT MAKING SURE THE IMF IS POLICING THE CURRENCY EXCHANGE RATE POLICIES OF ITS MEMBERS.

"The actual ratio will depend on macro-economic trends, above all on metal prices and currency exchange rate," Sergey Malyshev, Nornickel's chief financial officer, told a media conference call.

The 17-page document asserted that no country should manipulate its currency exchange rate to gain an unfair competitive advantage, an often-cited complaint about China in past years.

KHARTOUM, Oct 4 (Reuters) - Sudan will begin on Sunday using a body comprised of bankers and exchange bureaus to set its daily currency exchange rate, the central bank governor said.

However, the salespeople did not inform customers that the margin, a markup that AmEx tacks on to the base currency exchange rate, was subject to increase without notice, the WSJ reported.

ABUJA, Nov 23 (Reuters) - A draft budget framework for 2017 submitted to parliament by Nigerian President Muhammadu Buhari is based on unrealistic assumptions about oil production and the currency exchange rate, lawmakers said on Wednesday.

NAIROBI, Feb 17 (Reuters) - Kenya's tea exports are seen earning between 115 billion shillings ($1.13 billion) and 120 billion shillings in 2016, depending on the local currency exchange rate, the farming regulator said on Wednesday.

Masood Ahmed, director of the IMF's Middle East department, said that the $12 billion loan program would contain conditions that include reducing Egypt's budget deficit and making its currency exchange rate system more market-driven.

The IMF approved a $1.5 billion three-year loan for Sri Lanka in mid-2016 after the government agreed to tough fiscal and monetary policy measures including tax reforms and a flexible currency exchange rate.

In order to mitigate currency exchange rate risk, Ball entered into 'collar and option' contracts from February 2015 through the expected acquisition closing date with an aggregate notional amount of approximately $3.4 billion at Sept.

Then there's Curve's low currency exchange rate and 1 per cent fee when spending money abroad, something that potentially eats into the profits of banks that do a very nice line of business on foreign exchange rates and hidden charges.

We found milk being sold for 2000,225 bolivares -- more than $240 at the official currency exchange rate, though if you have U.S. dollars you can exchange them on the black market at vastly more favorable rates, perhaps getting 483,248 bolivares to the dollar.

With affordable flights, luxurious yet economical accommodations, a favorable currency exchange rate and the timeless appeal of a unique train ride, wildlife enthusiasts can go on a North American safari and get the most bang for their buck — moose, elk and caribou included.

NUSA DUA, Indonesia (Reuters) - China's central bank governor Yi Gang said the government would continue to let the market play a decisive role in establishing its currency exchange rate, refraining from using it as a weapon, amid an escalating trade war with the United States.

The Fed increase interest rate, this 5th mole also triggered a chain effect; making the currency exchange rate in emerging market under more pressure and kicking off the risk of capital outflow and local currency devalue, as well as increasing inflation across the globe.

Other uses for bank-backed blockchain projects would include secured global currency exchange rate speeds and increased transaction security, among other benefits, eventually allowing for an overhaul of the banking industry, replacing traditional back-office clearinghouses and other outdated mediums that exist between asset sellers and buyers.

Baucus, who served as the U.S. Ambassador to China from 2014-2017 under President Barack Obama, made the comments during an appearance on CNBC's "The Exchange" Monday, after China's currency exchange rate fell below seven yuan to the dollar for the first time in over a decade.

For foreign investors, who make up a large share of the owners in these buildings because of the initial high return on rent, it could still make sense to sell for less than what they paid, he said, because of a favorable currency exchange rate — or simply to avert further losses.

Here's how Tiffany did for its fiscal second quarter ended July 212 compared with what analysts were expecting, based on Refinitiv data: "With the tough comparison to last year's strong performance in the first half behind us, and in spite of the headwinds of weak demand from foreign tourists, currency exchange rate pressures and continuing business disruptions in Hong Kong, we are actively managing what is in our control and positioning our brand to win," CEO Alessandro Bogliolo said in a statement.

This requires having been a member of the ERM for a minimum of two years without the presence of "severe tensions" for the currency exchange rate.

Lifting of a government using the national currency exchange rate to control the feed exports and capital flows in order to reach the international balance of payments purposes.

UAH 12 million (EUR 2 million according to 2003 currency exchange rate) have been allocated to finance the construction works in Horenychi. The sports base hasn’t been built.

The property loss suffered by the Chinese was valued at US$383 billion at the currency exchange rate in July 1937, roughly 50 times the GDP of Japan at that time (US$7.7 billion).

The goods that the currency has the "power" to purchase are a basket of goods of different types: # Local, non-tradable goods and services (like electric power) that are produced and sold domestically. # Tradable goods such as non-perishable commodities that can be sold on the international market (like diamonds). The more that a product falls into category 1, the further its price will be from the currency exchange rate, moving towards the PPP exchange rate. Conversely, category 2 products tend to trade close to the currency exchange rate.

Since 2011 due to changes in currency exchange rate the price has decreased. The costs to use a .by domain is a US$12 fee for the first year and second payment of $12 to maintain the domain. The renewal of the domain occurs yearly.

In 2013, Venezuela was facing multiple economic difficulties including shortages, high inflation and a depreciating currency. Currency controls implemented by the Venezuelan government made it difficult for importers forcing them to adopt a black market currency exchange rate with higher prices and created corruption among sellers and government officials.

In addition, the government had not made policy changes to adapt to the low petroleum price. In early 2016, The Washington Post reported the official price of state-retailed petrol was below US$.01 per gallon, and the black market valued the dollar at 150 times what the official state currency exchange rate did.

The win increased her earnings to over A$26 million, a world record when using the methodology of the International Racing Bureau, which converts international earnings during a given year to British pounds using the currency exchange rate at the beginning of that year. Because exchange rates can fluctuate widely, different methods may result in different rankings.

International Reserves of the Russian Federation are liquid assets held by the Russian Federation's central bank or other monetary authority in order to implement monetary policies effecting the country's currency exchange rate and ensuring the payment of its imports. The assets include foreign currency and foreign denominated bonds, gold reserves, SDRs (special drawing rights) and the IMF reserve position.

The IMF sought to provide for occasional discontinuous exchange-rate adjustments (changing a member's par value) by international agreement. Member nations were permitted to adjust their currency exchange rate by 1%. This tended to restore equilibrium in their trade by expanding their exports and contracting imports. This would be allowed only if there was a fundamental disequilibrium.

The majority of the constitutions determine the national currency, legal tender or monetary unit. The local currency exchange rate to the U.S. dollar shows that drastic interventions were not necessary. National wealth or assets are the property of the state and/or local governments and, as an exclusive property, the management and protection of them aim at serving the public interest.

Behravesh is a "Bloomberg Best" and ranked as one of Bloomberg's Top 10 economists in 2009 and 2010. MarketWatch named IHS Global Insight "Forecaster of the Year" in 2009 and bestowed the company several Forecaster of the Month accolades since. Behravesh and his team ranked first place on USA Today's 2004 ranking of economic forecasters, and on Reuters' 2004 survey of major currency exchange rate forecasters. In 2008, he was ranked #2 by USA Today.

Another acquisition was completed in Spring 2015 when the Cirris Solutions GmbH, headquartered in Jettingen/Germany became part of the Schleuniger Group. Due to its fully automated testing systems, Cirris Solutions is one of the global leaders in the field of applied testing technology and testing automation. Cirris Solutions GmbH has approximately 40 employees and generated translated sales of 7.2 million Swiss Francs in 2014 (currency exchange rate from Dec. 31, 2014).

The European Council tasked Pierre Werner, Prime Minister of Luxembourg, with finding a way to reduce currency exchange rate volatility. His report was published in October 1970 and recommended centralisation of the national macroeconomic policies entailing "the total and irreversible fixing of parity rates and the complete liberation of movements of capital." But he did not propose a single currency or central bank. An attempt to limit the fluctuations of European currencies, using a snake in the tunnel, failed.

In 2011, when new President Thein Sein's government came to power, Burma embarked on a major policy of reforms including anti-corruption, currency exchange rate regulation, foreign investment laws and taxation. Foreign investments increased from US$300 million in 2009–10 to a US$20 billion in 2010–11 by about 6567%. Large inflow of capital results in stronger Burmese currency, kyat by about 25%. In response, the government relaxed import restrictions and abolished export taxes.

In the late 1990s, the US-Canadian currency exchange rate had given people from the United States an economic incentive to gamble at Caesars Windsor. Numerous U.S. gamblers crossed the border in Casino Windsor's boom years of the late 1990s. The Canadian dollar was trading below the sixty-five-cent markBank of Canada rates lookup compared to the U.S. dollar in the late 1990s. US visitors had incentive to gamble in Windsor, as well as spend in the city's hotels and hospitality establishments.

The currency exchange rate exerts a significant influence on the trade balance, and by extension, on the current account. An overvalued currency makes imports cheaper and exports less competitive, thereby widening the current account deficit (or narrowing the surplus). An undervalued currency, on the other hand, boosts exports and makes imports more expensive, thus increasing the current account surplus (or narrowing the deficit). Nations with chronic current account deficits often come under increased investor scrutiny during periods of heightened uncertainty.

Within the European Union, entry into the Eurozone depends on the applicant nation meeting certain economic criteria. Measures such as budget deficits and public debt levels are assessed, as well as the inflation situation and the stability of the national currency exchange rate of a European Union member state. Requirements include a budget deficit below 3% of gross domestic product (GDP), and debt below 60% of GDP, or if above, declining. Up until 1994, Greece recorded very high deficits, for some years above 10% of GDP.

The state subsidized a wide variety of commodities and services from the early 1990s to 2019.Turkmenistan Cuts Last Vestiges Of Program For Free Utilities Since his election in 2007, President Gurbanguly Berdimuhamedow has unified the country's dual currency exchange rate, ordered the redenomination of the manat, reduced state subsidies for gasoline, and initiated development of a special tourism zone (Awaza) on the Caspian Sea. Since 2009, Turkmenistan has maintained the fixed exchange rate. As of 2018, 1 United States dollar is equivalent to 3.50 Turkmenistan manat.

It is disallowed for websites to publish the black market currency exchange rate,"Venezuela forces ISPs to police Internet", John Otis, Committee to Protect Journalists (CPJ), 12 December 2013. as the government claims that this contributes to severe economic problems the country is currently reported to be facing. In 2013, Venezuelan President Nicolás Maduro banned several internet websites, including DolarToday, to prevent its citizens accessing the country's exchange rates. Maduro, however, accused DolarToday of fueling an economic war against his government and manipulating the exchange rate.

It is mainly used in handling petroleum, timber products, coal, and building materials. A total of 23.94 million metric tonnes of goods was handled by MPA from 2011 to 2013, which earned a total revenue of RM 48.58 million in port dues. Miri is a shopping destination for visitors coming from the neighbouring country of Brunei because of a discrepancy in currency exchange rate (100 Brunei dollar to 300 Malaysian ringgit), cheaper items, and a variety of resorts here in Miri for recreational activities.

In September 1981, the first location abroad was established in Torrance, California, United States as USA Zama Inc. to support the Headquarters in Japan by marketing, importing and delivering Zama carburetors to American customers. After four years another factory was opened in Iwate, Japan which specialized in diaphragm carburetor assembly as well as die designing and tooling. In March 1989, Zama Industries was founded in Hong Kong to reduce the negative impact on revenue caused by a sudden change of the currency exchange rate of JPY and USD.

The Currency Exchange Rate Oversight Reform Act of 2011 () is an international trade bill in the 112th United States Congress that would establish US tariffs on imports from countries with undervalued currencies. The bill was approved by the Senate on October 11, 2011 by a vote of 63–35, with no vote yet coming from the House of Representatives. The bill calls for the Treasury Department to identify countries whose currencies are undervalued, and then instruct the Commerce Department to impose duties on imports from those aforementioned countries.

If enough lenders commit to lending the designated loan amount before the loan expires, the loan is funded and disbursed to the borrower; otherwise, it's expired, lenders are refunded and the borrower may try again with a new application. 4\. For successfully funded loans, 100% of lenders' accepted bids are disbursed to the borrower. Loan values are fixed in local currency, using the exchange rate effective at the time the loan is disbursed. Because loan values are fixed in local currency, lenders bear the risk of any currency exchange rate fluctuations.

The introduction of the B215 also coincided with a record low Swiss franc exchange rate with the U.S. dollar, which hit an all-time low in February and March 1985. Subsequently, the Swiss currency exchange rate increased consistently, and so did Revox prices in North America. In 1989, the B215 was priced at $2400, and in 1991, $2600. The improved, cosmetically redesigned B215S, introduced in 1989, was priced at $2800–$2900—more than the Dragon, and three to four times more than contemporary flagship decks by Onkyo, Pioneer or Sony.

Some political scientists maintained that setting economic interdependence as a foreign policy goal may have exposed the United States to manipulation. As a result, the U.S. trading partners gained an ability to influence the U.S. foreign policy decision-making process by manipulating, for example, the currency exchange rate, or restricting the flow of goods and raw materials. In addition, more than 40% of the U.S. foreign debt is currently owned by the big institutional investors from overseas, who continue to accumulate the Treasury bonds.Biddle, Stephen D. American Grand Strategy After 9/11: An Assessment.

The two Fairwood restaurants in Shenzhen that were enabled for Octopus card payments are located at Luohu Commercial City and Shenzhen railway station. Shenzhen became the first city outside Hong Kong in which Octopus cards may be accepted as payment. In Macau, the Octopus card was introduced in December 2006 when two Kentucky Fried Chicken restaurants in the territory adopted its usage as payment. Similar to its usage in Shenzhen, an Octopus card may not be reloaded in Macau, and the currency exchange rate between the Macanese pataca and the Hong Kong dollar when using an Octopus card is MOP1:HKD1.

Rockhill Barracks was once a major contributor to the local economy but closed in January 2009 due to military cuts.Four army barracks, military hospital to be closed Irish Independent, 15 October 2008 Modern Timber Homes, a timber-frame manufacturing company is located at Bonagee. The Rambling Man distillery was located at the Eastend until 1976, and was not named after its owner Stephen Rambling. The economy in the town is strongly dependent on cross-border trade, and times of economic boom are determined mostly by the currency exchange rate between the Euro and the British Pound.

The redenomination (codenamed Operation Sunrise) was heavily publicised under the banner Zero to Hero, but was also rapid and disorganised which resulted in many people being unable to convert their old Bearer cheques to new issues before the lapse date, The Reserve Bank Governor Dr. Gideon Gono said that "10 trillion (first dollars) were still out there and it had become manure". Further denominations ranging from $5 000 to $500 million were issued in the period between August 2006 and May 2008 as cent cheques quickly became outmoded. In the second quarter of 2008, special Agro cheques (Agricultural Cheques) were issued in denominations ranging from $5 billion to $100 billion as the currency exchange rate was floated.

The first two maritime republics held consulates and had expatriate colonies there (Ragusan merchants remained active at the port through the 17th century operating from their colony in nearby Provadiya). The city was flanked by two fortresses with smaller commercial ports of their own, Kastritsi and Galata, within sight of each other, and was protected by two other strongholds overlooking the lakes, Maglizh and Petrich. Wheat, animal skins, honey and wax, wine, timber and other local agricultural produce for the Italian and Constantinople markets were the chief exports, and Mediterranean foods and luxury items were imported. The city introduced its own monetary standard, the Varna perper, by the mid-14th century; Bulgarian and Venetian currency exchange rate was fixed by a treaty.

In Britain, exactly five shillings was typically written "5∕-" while, in East Africa, it was more common to mark it with a double hyphen as "5/=". The same style was also used under the British Raj and early independent India for the predecimalization rupee/anna/pie system.. In decimalized currency, a slash followed by a dash continues to be used in some places to mark an exact amount of currency with no subunits. For example, "£50/-" is a variant of £50.00 and serves a similar function of providing clarity and ensuring that no further digits are added to the end of the number. The slash is used in currency exchange rate notation to express exchange rates, the ratio of the first currency in terms of the second.

Due to a volatile currency exchange rate, Japan's GDP as measured in dollars fluctuates sharply. Accounting for these fluctuations through the use of the Atlas method, Japan is estimated to have a GDP per capita of around $38,490. The Japanese economy is forecast by the Quarterly Tankan survey of business sentiment conducted by the Bank of Japan. The Nikkei 225 presents the monthly report of top blue chip equities on Japan Exchange Group, which is the world's third-largest stock exchange by market capitalisation. In 2018, Japan was the world's fourth- largest importer and the fourth-largest exporter. It has the world's second- largest foreign-exchange reserves worth $1.3 trillion. It ranks 29th on Ease of doing business index and 5th on Global Competitiveness Report.

The ERM is based on the concept of fixed currency exchange rate margins, but with exchange rates variable within those margins. This is also known as a semi-pegged system. Before the introduction of the euro, exchange rates were based on the European Currency Unit (ECU), the European unit of account, whose value was determined as a weighted average of the participating currencies. A grid (known as the Parity Grid) of bilateral rates was calculated on the basis of these central rates expressed in ECUs, and currency fluctuations had to be contained within a margin of 2.25% on either side of the bilateral rates (with the exception of the Italian lira, the Spanish peseta, the Portuguese escudo and the pound sterling, which were allowed to fluctuate by ±6%).

ETNs could also be liquidated before their maturity by trading them on the exchange or by redeeming a large block of securities directly to the issuing bank. The redemption is typically on a weekly basis and a redemption charge may apply, subjected to the procedures described in the relevant prospectus. The investor fee is calculated cumulatively based on the yearly fee and the performance of the underlying index and increases each day based on the level of the index or currency exchange rate on that day. Because the investor fee reduces the amount of return at maturity or upon redemption, if the value of the underlying decreases or does not increase significantly, the investor may receive less than the principal amount of investment at maturity or upon redemption.

The Blue Jays' struggles were further aggravated by an extremely unfavourable currency exchange rate. In the early 2000s, the Canadian dollar traded for as low as 62 U.S. cents, resulting in massive losses for the Blue Jays who collected most of their revenues in Canadian dollars but paid player salaries in U.S. dollars. When J. P. Ricciardi, then director of player development under Oakland Athletics general manager Billy Beane, was named the Blue Jays' General Manager he was expected to slash the payroll immediately in order to stem the tide of red ink. During the off- season, the team traded or let go several popular players, including Alex Gonzalez, Paul Quantrill, Brad Fullmer and closer Billy Koch to let talented youngsters such as Eric Hinske and Felipe López get a chance to develop into major leaguers.

The first enlargement of the eurozone, to Greece, took place on 1 January 2001, one year before the euro had physically entered into circulation. The next enlargements were to states which joined the EU in 2004, and then joined the eurozone on 1 January in the mentioned year: Slovenia (2007), Cyprus (2008), Malta (2008), Slovakia (2009), Estonia (2011), Latvia (2014), and Lithuania (2015). All new EU members having joined the bloc after the signing of the Maastricht Treaty in 1992, are obliged to adopt the euro under the terms of their accession treaties. However, the last of the five economic convergence criteria which needs first to be complied with in order to qualify for euro adoption, is the exchange rate stability criterion, which requires having been an ERM-member for a minimum of two years without the presence of "severe tensions" for the currency exchange rate.

In Kazakhstan, membership in deposit insurance system is compulsory for those banks which hold license for cash transactions and opening and maintenance of bank accounts of individuals, except for Islamic banks;.Law of the Republic of Kazakhstan "On Banks And Banking Activities" (1995), Art 61-1 As of August 2019, 26 out of total 28 banks are members of deposit insurance system. The scope of coverage are bank accounts of individuals and individual entrepreneurs of all types with resident banks in the Republic of Kazakhstan in any currency. On the per-depositor-per-bank basis, the maximum deposit coverage limit for all deposits and bank accounts of individuals shall amount to: savings deposits in the national currency: 15 million tenge, other deposits in the national currency: 10 million tenge, deposits in any foreign currency: 5 million tenge (in equivalent, at the currency exchange rate established as of the date of the enactment of the court's decision on the member-bank's forced liquidation).

Sigma Finance Corporation (Sigma) was a limited purpose finance company (similar but different from a structured investment vehicle (SIV)) established to invest in certain types of asset-backed securities and other financial instruments, and aimed to profit from the difference between the cost of funding its activities and the returns made on its investment portfolio. Its activities were much like a very simplified form of banking, although with less than half the leverage of a traditional bank and without any exposure to interest rate or foreign currency exchange rate risk. However, due to the impact on the financial markets stemming from the sub-prime mortgage market in the United States of America, on the value of asset backed securities generally, despite Sigma having no exposure to US subprime mortgages, there was a "run" by short term lenders to all non-banks. This resulted in forced selling by many investors at the same time causing the value of Sigma's assets to fall short of the amount it needed to pay the secured creditors.

On 23 November 2010, at a meeting of Russian President Vladimir Putin and Chinese Premier Wen Jiabao, it was announced that Russia and China had decided to use their own national currencies for bilateral trade, instead of the US dollar. The move is aimed to further improve relations between Beijing and Moscow and to protect their domestic economies during the Great Recession. The trading of the Chinese yuan against the ruble has started in the Chinese interbank market, while the yuan's trading against the ruble was set to start on the Russian foreign exchange market in December 2010."China, Russia quit dollar" China Daily, 24 November 2010Chinese minister says China-Russia economic, trade co-op at new starting point Xinhua News, 25 November 2010 In January 2014, President Putin said there should be a sound balance on the ruble exchange rate; that the Central Bank only regulated the national currency exchange rate when it went beyond the upper or lower limits of the floating exchange rate; and that the freer the Russian national currency is, the better it is, adding that this would make the economy react more effectively and timely to processes taking place in it.

Traders attributed the slight rise in prices to the changes in the currency exchange rate. from CNBC
Currency exchange rate shifts had a "slightly negative" effect on earnings, the company said Friday. from CNBC
An earlier version of this article included outdated information about a subsidized official currency exchange rate. from The New York Times
He also encouraged China to advance economic reforms, including a transition to a market-determined currency exchange rate. from CNBC
China's central bank allows the currency exchange rate to rise or fall 2 percent from the midpoint rate. from CNBC
Foreign debt "is typically relatively expensive, particularly given the current macroeconomic and foreign currency exchange rate environment," it said. from Reuters
When this drove up inflation, making basic goods unaffordable, he instituted price controls and fixed the currency exchange rate. from The New York Times
PayPal will also give you information on the currency exchange rate for any country you want to send money to. from Business Insider
I always get cash out of the ATM machines since the currency exchange rate tends to be the best that way. from Refinery 29
However, the company said its revenues per available seat kilometer fell 6.8 percent when removing the impact of the currency exchange rate. from Reuters
President Nicolas Maduro announced Monday night that his oil-exporting nation will put a new currency exchange rate in place next week. from CNBC
In June, IATA said that airline revenues then worth $5 billion were being blocked by countries with tight currency exchange rate controls. from Reuters
"We might be the first company to announce a billion-dollar acquisition in Europe, taking advantage of the currency exchange rate," Aron said. from CNBC
Greene King is also battling rising costs due to the government's National Living Wage initiative, higher property prices and unfavourable currency exchange rate. from Reuters
If you're, say, at work, it might show a watch face with complications like your calendar, email, or maybe a currency exchange rate. from Mashable
Policymakers must respect international laws and avoid making targeted currency exchange rate comments, the governor of the Bank of France said in an interview Tuesday. from CNBC
Since 2015, the government of the $87 billion economy has introduced fiscal and monetary policy measures including tax reforms and a flexible currency exchange rate. from Reuters
It tells you the exact exchange rate in case you want to compare it with the interbank currency exchange rate as well as TransferWise's fee. from TechCrunch
Looking abroad for steel would leave firms like QRL that use British steel exposed to swings in the currency exchange rate and higher transportation costs. from Reuters
"Foreign currency exchange-rate declines relative to the Canadian dollar were the fund's main headwind during the quarter," Chief Executive Mark Machin said in a statement. from Reuters
The ratings consider the banks' reasonable asset quality metrics supported by the stabilised economic environment and currency exchange rate, their adequate capitalisation and stable funding profiles. from Reuters
BUDAPEST, May 3 (Reuters) - Reuters will publish its Central European currency exchange rate poll on Monday, rather than on Friday when other foreign exchange polls were published. from CNBC
Wetherspoon, like other operators in the sector, has been battling rising costs due to the government's National Living Wage initiative, higher property prices and unfavourable currency exchange rate. from Reuters
I ask for their opinions on how to best pay off my student loans, as I have $7,000 left and need to factor in the currency exchange rate. from Refinery 29
Instead of interest rates, the Monetary Authority of Singapore (MAS) uses the currency exchange rate to set monetary policy because of the city-state's small and open economy. from CNBC
YESTERDAY YOU CONTACTED CHRISTINE LAGARDE AT THE IMF AND HAD SOME CONVERSATIONS WITH HER ABOUT MAKING SURE THE IMF IS POLICING THE CURRENCY EXCHANGE RATE POLICIES OF ITS MEMBERS. from CNBC
"The actual ratio will depend on macro-economic trends, above all on metal prices and currency exchange rate," Sergey Malyshev, Nornickel's chief financial officer, told a media conference call. from Reuters
The 17-page document asserted that no country should manipulate its currency exchange rate to gain an unfair competitive advantage, an often-cited complaint about China in past years. from Reuters
KHARTOUM, Oct 4 (Reuters) - Sudan will begin on Sunday using a body comprised of bankers and exchange bureaus to set its daily currency exchange rate, the central bank governor said. from Reuters
However, the salespeople did not inform customers that the margin, a markup that AmEx tacks on to the base currency exchange rate, was subject to increase without notice, the WSJ reported. from Reuters
ABUJA, Nov 23 (Reuters) - A draft budget framework for 2017 submitted to parliament by Nigerian President Muhammadu Buhari is based on unrealistic assumptions about oil production and the currency exchange rate, lawmakers said on Wednesday. from Reuters
NAIROBI, Feb 17 (Reuters) - Kenya's tea exports are seen earning between 115 billion shillings ($1.13 billion) and 120 billion shillings in 2016, depending on the local currency exchange rate, the farming regulator said on Wednesday. from Reuters
Masood Ahmed, director of the IMF's Middle East department, said that the $12 billion loan program would contain conditions that include reducing Egypt's budget deficit and making its currency exchange rate system more market-driven. from Reuters
The IMF approved a $1.5 billion three-year loan for Sri Lanka in mid-2016 after the government agreed to tough fiscal and monetary policy measures including tax reforms and a flexible currency exchange rate. from Reuters
In order to mitigate currency exchange rate risk, Ball entered into 'collar and option' contracts from February 2015 through the expected acquisition closing date with an aggregate notional amount of approximately $3.4 billion at Sept. from Reuters
Then there's Curve's low currency exchange rate and 1 per cent fee when spending money abroad, something that potentially eats into the profits of banks that do a very nice line of business on foreign exchange rates and hidden charges. from TechCrunch
We found milk being sold for 2000,225 bolivares -- more than $240 at the official currency exchange rate, though if you have U.S. dollars you can exchange them on the black market at vastly more favorable rates, perhaps getting 483,248 bolivares to the dollar. from CNN
With affordable flights, luxurious yet economical accommodations, a favorable currency exchange rate and the timeless appeal of a unique train ride, wildlife enthusiasts can go on a North American safari and get the most bang for their buck — moose, elk and caribou included. from People
NUSA DUA, Indonesia (Reuters) - China's central bank governor Yi Gang said the government would continue to let the market play a decisive role in establishing its currency exchange rate, refraining from using it as a weapon, amid an escalating trade war with the United States. from Reuters
The Fed increase interest rate, this 5th mole also triggered a chain effect; making the currency exchange rate in emerging market under more pressure and kicking off the risk of capital outflow and local currency devalue, as well as increasing inflation across the globe. from CNBC
Other uses for bank-backed blockchain projects would include secured global currency exchange rate speeds and increased transaction security, among other benefits, eventually allowing for an overhaul of the banking industry, replacing traditional back-office clearinghouses and other outdated mediums that exist between asset sellers and buyers. from TechCrunch
Baucus, who served as the U.S. Ambassador to China from 2014-2017 under President Barack Obama, made the comments during an appearance on CNBC's "The Exchange" Monday, after China's currency exchange rate fell below seven yuan to the dollar for the first time in over a decade. from CNBC
For foreign investors, who make up a large share of the owners in these buildings because of the initial high return on rent, it could still make sense to sell for less than what they paid, he said, because of a favorable currency exchange rate — or simply to avert further losses. from The New York Times
Here's how Tiffany did for its fiscal second quarter ended July 212 compared with what analysts were expecting, based on Refinitiv data: "With the tough comparison to last year's strong performance in the first half behind us, and in spite of the headwinds of weak demand from foreign tourists, currency exchange rate pressures and continuing business disruptions in Hong Kong, we are actively managing what is in our control and positioning our brand to win," CEO Alessandro Bogliolo said in a statement. from CNBC
This requires having been a member of the ERM for a minimum of two years without the presence of "severe tensions" for the currency exchange rate.
Lifting of a government using the national currency exchange rate to control the feed exports and capital flows in order to reach the international balance of payments purposes.
UAH 12 million (EUR 2 million according to 2003 currency exchange rate) have been allocated to finance the construction works in Horenychi. The sports base hasn’t been built.
The property loss suffered by the Chinese was valued at US$383 billion at the currency exchange rate in July 1937, roughly 50 times the GDP of Japan at that time (US$7.7 billion).
The goods that the currency has the "power" to purchase are a basket of goods of different types: # Local, non-tradable goods and services (like electric power) that are produced and sold domestically. # Tradable goods such as non-perishable commodities that can be sold on the international market (like diamonds). The more that a product falls into category 1, the further its price will be from the currency exchange rate, moving towards the PPP exchange rate. Conversely, category 2 products tend to trade close to the currency exchange rate.
Since 2011 due to changes in currency exchange rate the price has decreased. The costs to use a .by domain is a US$12 fee for the first year and second payment of $12 to maintain the domain. The renewal of the domain occurs yearly.
In 2013, Venezuela was facing multiple economic difficulties including shortages, high inflation and a depreciating currency. Currency controls implemented by the Venezuelan government made it difficult for importers forcing them to adopt a black market currency exchange rate with higher prices and created corruption among sellers and government officials.
In addition, the government had not made policy changes to adapt to the low petroleum price. In early 2016, The Washington Post reported the official price of state-retailed petrol was below US$.01 per gallon, and the black market valued the dollar at 150 times what the official state currency exchange rate did.
The win increased her earnings to over A$26 million, a world record when using the methodology of the International Racing Bureau, which converts international earnings during a given year to British pounds using the currency exchange rate at the beginning of that year. Because exchange rates can fluctuate widely, different methods may result in different rankings.
International Reserves of the Russian Federation are liquid assets held by the Russian Federation's central bank or other monetary authority in order to implement monetary policies effecting the country's currency exchange rate and ensuring the payment of its imports. The assets include foreign currency and foreign denominated bonds, gold reserves, SDRs (special drawing rights) and the IMF reserve position.
The IMF sought to provide for occasional discontinuous exchange-rate adjustments (changing a member's par value) by international agreement. Member nations were permitted to adjust their currency exchange rate by 1%. This tended to restore equilibrium in their trade by expanding their exports and contracting imports. This would be allowed only if there was a fundamental disequilibrium.
The majority of the constitutions determine the national currency, legal tender or monetary unit. The local currency exchange rate to the U.S. dollar shows that drastic interventions were not necessary. National wealth or assets are the property of the state and/or local governments and, as an exclusive property, the management and protection of them aim at serving the public interest.
Behravesh is a "Bloomberg Best" and ranked as one of Bloomberg's Top 10 economists in 2009 and 2010. MarketWatch named IHS Global Insight "Forecaster of the Year" in 2009 and bestowed the company several Forecaster of the Month accolades since. Behravesh and his team ranked first place on USA Today's 2004 ranking of economic forecasters, and on Reuters' 2004 survey of major currency exchange rate forecasters. In 2008, he was ranked #2 by USA Today.
Another acquisition was completed in Spring 2015 when the Cirris Solutions GmbH, headquartered in Jettingen/Germany became part of the Schleuniger Group. Due to its fully automated testing systems, Cirris Solutions is one of the global leaders in the field of applied testing technology and testing automation. Cirris Solutions GmbH has approximately 40 employees and generated translated sales of 7.2 million Swiss Francs in 2014 (currency exchange rate from Dec. 31, 2014).
The European Council tasked Pierre Werner, Prime Minister of Luxembourg, with finding a way to reduce currency exchange rate volatility. His report was published in October 1970 and recommended centralisation of the national macroeconomic policies entailing "the total and irreversible fixing of parity rates and the complete liberation of movements of capital." But he did not propose a single currency or central bank. An attempt to limit the fluctuations of European currencies, using a snake in the tunnel, failed.
In 2011, when new President Thein Sein's government came to power, Burma embarked on a major policy of reforms including anti-corruption, currency exchange rate regulation, foreign investment laws and taxation. Foreign investments increased from US$300 million in 2009–10 to a US$20 billion in 2010–11 by about 6567%. Large inflow of capital results in stronger Burmese currency, kyat by about 25%. In response, the government relaxed import restrictions and abolished export taxes.
In the late 1990s, the US-Canadian currency exchange rate had given people from the United States an economic incentive to gamble at Caesars Windsor. Numerous U.S. gamblers crossed the border in Casino Windsor's boom years of the late 1990s. The Canadian dollar was trading below the sixty-five-cent markBank of Canada rates lookup compared to the U.S. dollar in the late 1990s. US visitors had incentive to gamble in Windsor, as well as spend in the city's hotels and hospitality establishments.
The currency exchange rate exerts a significant influence on the trade balance, and by extension, on the current account. An overvalued currency makes imports cheaper and exports less competitive, thereby widening the current account deficit (or narrowing the surplus). An undervalued currency, on the other hand, boosts exports and makes imports more expensive, thus increasing the current account surplus (or narrowing the deficit). Nations with chronic current account deficits often come under increased investor scrutiny during periods of heightened uncertainty.
Within the European Union, entry into the Eurozone depends on the applicant nation meeting certain economic criteria. Measures such as budget deficits and public debt levels are assessed, as well as the inflation situation and the stability of the national currency exchange rate of a European Union member state. Requirements include a budget deficit below 3% of gross domestic product (GDP), and debt below 60% of GDP, or if above, declining. Up until 1994, Greece recorded very high deficits, for some years above 10% of GDP.
The state subsidized a wide variety of commodities and services from the early 1990s to 2019.Turkmenistan Cuts Last Vestiges Of Program For Free Utilities Since his election in 2007, President Gurbanguly Berdimuhamedow has unified the country's dual currency exchange rate, ordered the redenomination of the manat, reduced state subsidies for gasoline, and initiated development of a special tourism zone (Awaza) on the Caspian Sea. Since 2009, Turkmenistan has maintained the fixed exchange rate. As of 2018, 1 United States dollar is equivalent to 3.50 Turkmenistan manat.
It is disallowed for websites to publish the black market currency exchange rate,"Venezuela forces ISPs to police Internet", John Otis, Committee to Protect Journalists (CPJ), 12 December 2013. as the government claims that this contributes to severe economic problems the country is currently reported to be facing. In 2013, Venezuelan President Nicolás Maduro banned several internet websites, including DolarToday, to prevent its citizens accessing the country's exchange rates. Maduro, however, accused DolarToday of fueling an economic war against his government and manipulating the exchange rate.
It is mainly used in handling petroleum, timber products, coal, and building materials. A total of 23.94 million metric tonnes of goods was handled by MPA from 2011 to 2013, which earned a total revenue of RM 48.58 million in port dues. Miri is a shopping destination for visitors coming from the neighbouring country of Brunei because of a discrepancy in currency exchange rate (100 Brunei dollar to 300 Malaysian ringgit), cheaper items, and a variety of resorts here in Miri for recreational activities.
In September 1981, the first location abroad was established in Torrance, California, United States as USA Zama Inc. to support the Headquarters in Japan by marketing, importing and delivering Zama carburetors to American customers. After four years another factory was opened in Iwate, Japan which specialized in diaphragm carburetor assembly as well as die designing and tooling. In March 1989, Zama Industries was founded in Hong Kong to reduce the negative impact on revenue caused by a sudden change of the currency exchange rate of JPY and USD.
The Currency Exchange Rate Oversight Reform Act of 2011 () is an international trade bill in the 112th United States Congress that would establish US tariffs on imports from countries with undervalued currencies. The bill was approved by the Senate on October 11, 2011 by a vote of 63–35, with no vote yet coming from the House of Representatives. The bill calls for the Treasury Department to identify countries whose currencies are undervalued, and then instruct the Commerce Department to impose duties on imports from those aforementioned countries.
If enough lenders commit to lending the designated loan amount before the loan expires, the loan is funded and disbursed to the borrower; otherwise, it's expired, lenders are refunded and the borrower may try again with a new application. 4\. For successfully funded loans, 100% of lenders' accepted bids are disbursed to the borrower. Loan values are fixed in local currency, using the exchange rate effective at the time the loan is disbursed. Because loan values are fixed in local currency, lenders bear the risk of any currency exchange rate fluctuations.
The introduction of the B215 also coincided with a record low Swiss franc exchange rate with the U.S. dollar, which hit an all-time low in February and March 1985. Subsequently, the Swiss currency exchange rate increased consistently, and so did Revox prices in North America. In 1989, the B215 was priced at $2400, and in 1991, $2600. The improved, cosmetically redesigned B215S, introduced in 1989, was priced at $2800–$2900—more than the Dragon, and three to four times more than contemporary flagship decks by Onkyo, Pioneer or Sony.
Some political scientists maintained that setting economic interdependence as a foreign policy goal may have exposed the United States to manipulation. As a result, the U.S. trading partners gained an ability to influence the U.S. foreign policy decision-making process by manipulating, for example, the currency exchange rate, or restricting the flow of goods and raw materials. In addition, more than 40% of the U.S. foreign debt is currently owned by the big institutional investors from overseas, who continue to accumulate the Treasury bonds.Biddle, Stephen D. American Grand Strategy After 9/11: An Assessment.
The two Fairwood restaurants in Shenzhen that were enabled for Octopus card payments are located at Luohu Commercial City and Shenzhen railway station. Shenzhen became the first city outside Hong Kong in which Octopus cards may be accepted as payment. In Macau, the Octopus card was introduced in December 2006 when two Kentucky Fried Chicken restaurants in the territory adopted its usage as payment. Similar to its usage in Shenzhen, an Octopus card may not be reloaded in Macau, and the currency exchange rate between the Macanese pataca and the Hong Kong dollar when using an Octopus card is MOP1:HKD1.
Rockhill Barracks was once a major contributor to the local economy but closed in January 2009 due to military cuts.Four army barracks, military hospital to be closed Irish Independent, 15 October 2008 Modern Timber Homes, a timber-frame manufacturing company is located at Bonagee. The Rambling Man distillery was located at the Eastend until 1976, and was not named after its owner Stephen Rambling. The economy in the town is strongly dependent on cross-border trade, and times of economic boom are determined mostly by the currency exchange rate between the Euro and the British Pound.
The redenomination (codenamed Operation Sunrise) was heavily publicised under the banner Zero to Hero, but was also rapid and disorganised which resulted in many people being unable to convert their old Bearer cheques to new issues before the lapse date, The Reserve Bank Governor Dr. Gideon Gono said that "10 trillion (first dollars) were still out there and it had become manure". Further denominations ranging from $5 000 to $500 million were issued in the period between August 2006 and May 2008 as cent cheques quickly became outmoded. In the second quarter of 2008, special Agro cheques (Agricultural Cheques) were issued in denominations ranging from $5 billion to $100 billion as the currency exchange rate was floated.
The first two maritime republics held consulates and had expatriate colonies there (Ragusan merchants remained active at the port through the 17th century operating from their colony in nearby Provadiya). The city was flanked by two fortresses with smaller commercial ports of their own, Kastritsi and Galata, within sight of each other, and was protected by two other strongholds overlooking the lakes, Maglizh and Petrich. Wheat, animal skins, honey and wax, wine, timber and other local agricultural produce for the Italian and Constantinople markets were the chief exports, and Mediterranean foods and luxury items were imported. The city introduced its own monetary standard, the Varna perper, by the mid-14th century; Bulgarian and Venetian currency exchange rate was fixed by a treaty.
In Britain, exactly five shillings was typically written "5∕-" while, in East Africa, it was more common to mark it with a double hyphen as "5/=". The same style was also used under the British Raj and early independent India for the predecimalization rupee/anna/pie system.. In decimalized currency, a slash followed by a dash continues to be used in some places to mark an exact amount of currency with no subunits. For example, "£50/-" is a variant of £50.00 and serves a similar function of providing clarity and ensuring that no further digits are added to the end of the number. The slash is used in currency exchange rate notation to express exchange rates, the ratio of the first currency in terms of the second.
Due to a volatile currency exchange rate, Japan's GDP as measured in dollars fluctuates sharply. Accounting for these fluctuations through the use of the Atlas method, Japan is estimated to have a GDP per capita of around $38,490. The Japanese economy is forecast by the Quarterly Tankan survey of business sentiment conducted by the Bank of Japan. The Nikkei 225 presents the monthly report of top blue chip equities on Japan Exchange Group, which is the world's third-largest stock exchange by market capitalisation. In 2018, Japan was the world's fourth- largest importer and the fourth-largest exporter. It has the world's second- largest foreign-exchange reserves worth $1.3 trillion. It ranks 29th on Ease of doing business index and 5th on Global Competitiveness Report.
The ERM is based on the concept of fixed currency exchange rate margins, but with exchange rates variable within those margins. This is also known as a semi-pegged system. Before the introduction of the euro, exchange rates were based on the European Currency Unit (ECU), the European unit of account, whose value was determined as a weighted average of the participating currencies. A grid (known as the Parity Grid) of bilateral rates was calculated on the basis of these central rates expressed in ECUs, and currency fluctuations had to be contained within a margin of 2.25% on either side of the bilateral rates (with the exception of the Italian lira, the Spanish peseta, the Portuguese escudo and the pound sterling, which were allowed to fluctuate by ±6%).
ETNs could also be liquidated before their maturity by trading them on the exchange or by redeeming a large block of securities directly to the issuing bank. The redemption is typically on a weekly basis and a redemption charge may apply, subjected to the procedures described in the relevant prospectus. The investor fee is calculated cumulatively based on the yearly fee and the performance of the underlying index and increases each day based on the level of the index or currency exchange rate on that day. Because the investor fee reduces the amount of return at maturity or upon redemption, if the value of the underlying decreases or does not increase significantly, the investor may receive less than the principal amount of investment at maturity or upon redemption.
The Blue Jays' struggles were further aggravated by an extremely unfavourable currency exchange rate. In the early 2000s, the Canadian dollar traded for as low as 62 U.S. cents, resulting in massive losses for the Blue Jays who collected most of their revenues in Canadian dollars but paid player salaries in U.S. dollars. When J. P. Ricciardi, then director of player development under Oakland Athletics general manager Billy Beane, was named the Blue Jays' General Manager he was expected to slash the payroll immediately in order to stem the tide of red ink. During the off- season, the team traded or let go several popular players, including Alex Gonzalez, Paul Quantrill, Brad Fullmer and closer Billy Koch to let talented youngsters such as Eric Hinske and Felipe López get a chance to develop into major leaguers.
The first enlargement of the eurozone, to Greece, took place on 1 January 2001, one year before the euro had physically entered into circulation. The next enlargements were to states which joined the EU in 2004, and then joined the eurozone on 1 January in the mentioned year: Slovenia (2007), Cyprus (2008), Malta (2008), Slovakia (2009), Estonia (2011), Latvia (2014), and Lithuania (2015). All new EU members having joined the bloc after the signing of the Maastricht Treaty in 1992, are obliged to adopt the euro under the terms of their accession treaties. However, the last of the five economic convergence criteria which needs first to be complied with in order to qualify for euro adoption, is the exchange rate stability criterion, which requires having been an ERM-member for a minimum of two years without the presence of "severe tensions" for the currency exchange rate.
In Kazakhstan, membership in deposit insurance system is compulsory for those banks which hold license for cash transactions and opening and maintenance of bank accounts of individuals, except for Islamic banks;.Law of the Republic of Kazakhstan "On Banks And Banking Activities" (1995), Art 61-1 As of August 2019, 26 out of total 28 banks are members of deposit insurance system. The scope of coverage are bank accounts of individuals and individual entrepreneurs of all types with resident banks in the Republic of Kazakhstan in any currency. On the per-depositor-per-bank basis, the maximum deposit coverage limit for all deposits and bank accounts of individuals shall amount to: savings deposits in the national currency: 15 million tenge, other deposits in the national currency: 10 million tenge, deposits in any foreign currency: 5 million tenge (in equivalent, at the currency exchange rate established as of the date of the enactment of the court's decision on the member-bank's forced liquidation).
Sigma Finance Corporation (Sigma) was a limited purpose finance company (similar but different from a structured investment vehicle (SIV)) established to invest in certain types of asset-backed securities and other financial instruments, and aimed to profit from the difference between the cost of funding its activities and the returns made on its investment portfolio. Its activities were much like a very simplified form of banking, although with less than half the leverage of a traditional bank and without any exposure to interest rate or foreign currency exchange rate risk. However, due to the impact on the financial markets stemming from the sub-prime mortgage market in the United States of America, on the value of asset backed securities generally, despite Sigma having no exposure to US subprime mortgages, there was a "run" by short term lenders to all non-banks. This resulted in forced selling by many investors at the same time causing the value of Sigma's assets to fall short of the amount it needed to pay the secured creditors.
On 23 November 2010, at a meeting of Russian President Vladimir Putin and Chinese Premier Wen Jiabao, it was announced that Russia and China had decided to use their own national currencies for bilateral trade, instead of the US dollar. The move is aimed to further improve relations between Beijing and Moscow and to protect their domestic economies during the Great Recession. The trading of the Chinese yuan against the ruble has started in the Chinese interbank market, while the yuan's trading against the ruble was set to start on the Russian foreign exchange market in December 2010."China, Russia quit dollar" China Daily, 24 November 2010Chinese minister says China-Russia economic, trade co-op at new starting point Xinhua News, 25 November 2010 In January 2014, President Putin said there should be a sound balance on the ruble exchange rate; that the Central Bank only regulated the national currency exchange rate when it went beyond the upper or lower limits of the floating exchange rate; and that the freer the Russian national currency is, the better it is, adding that this would make the economy react more effectively and timely to processes taking place in it.