"We will work to unify the exchange rate, and to manage the exchange rate using a flexible managed exchange rate," Hamdok said, without going into details.
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Fifth, regarding China's exchange rate policy, the authorities can be expected to manage exchange rate trends, while continuing to espouse an ultimate goal of exchange rate flexibility.
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That said, a flexible exchange rate is not anything like as limiting as a fixed exchange rate.
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Nagy said the central bank had no exchange rate target but welcomed the stability of the forint exchange rate.
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The exchange rate policy should be correct; if the exchange rate is not correct, it could lead to capital flows.
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The company uses the standard Mastercard exchange rate but doesn't add any markup fee — N26 also uses Mastercard's exchange rate.
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The combination of rising labour costs, expansionary fiscal policy, and a strong nominal exchange rate support the real exchange rate.
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China will "continue to improve the exchange rate formation mechanism, increase the yuan's exchange rate flexibility, strengthen regulations on cross-border capital flows, and keep the yuan's exchange rate basically stable at reasonable levels," the NDRC report said.
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It charges that day's bank exchange rate, which is the best possible exchange rate at the time of a given transfer.
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But the exchange rate is adding to this...the reassessment is based more on the exchange rate than the domestic economy.
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Iran should work to eliminate the gap that currently exists between the market exchange rate and the official exchange rate, said Azour.
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"This is not a fixed exchange rate, but it definitely has an important impact on the level of the exchange rate," Oviedo said.
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The MXN/USD exchange rate has averaged MXN19.90/USD thus far in 2017, versus an average exchange rate of MXN13.31/USD in 2014.
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Exchange rate stability could be done mutually, with the two sides agreeing to a healthy exchange rate band — say between $1.20 and $85033.
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When asked if he believed an ideal equilibrium exchange rate existed for the forint, Matolcsy reiterated that the bank had no exchange rate target.
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The most readily-observable measure of China's exchange rate is the number of RMB it takes to buy a dollar — the bilateral exchange rate.
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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.
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Substantial outflows could put downward pressure on the exchange rate - historically, sharp falls in the exchange rate have pushed up prices and affected balance sheets.
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Though the government purports to control the exchange rate across the country of 30 million people, it struggles to control the exchange rate inside the airport.
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In a TV interview with GloboNews broadcast just before midnight on Wednesday, Campos Neto said several times that the exchange rate is a floating exchange rate.
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In 1979, the European Monetary System and its exchange rate mechanism (ERM) were introduced in the hope of achieving currency and exchange rate stability in Europe.
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The exchange rate was also negatively impacted by the wider-than-expected current account deficit, and its slow pace of adjustment to a depreciated exchange rate.
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BEIJING (Reuters) - China's foreign exchange regulator reiterated on Thursday that it will keep the yuan exchange rate basically stable and will deepen market-based exchange rate reform.
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"We expect mainland authorities to continue allowing dollar/yuan exchange rate to adjust higher," which will help develop two-way expectations of the exchange rate, Gulliver said.
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At the same time, the exchange rate plummeted, as well as Turkish stock market and bond market, forming the triple kill status of "Stock-Exchange rate-Bond".
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The European Exchange Rate Mechanism was introduced in 1979 as part of the European Monetary System, to reduce exchange rate volatility and promote monetary stability in Europe.
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Shibata: No I think you know the corporations actually use exchange rate targets and when they make an exchange rate the target they always build a cushion.
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DUAL EXCHANGE RATE With currency controls currently in effect, Argentina could also adopt a twin exchange rate to ensure the farm and export sectors enjoy the competitive advantage of a weaker currency, while setting the exchange rate at a stronger level for other sectors to keep inflation in check.
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Currency fluctuations and a favorable exchange rate for the dollar are a boon for American buyers, but the exchange rate is "penalizing the Russian clientele," Ms. Gisti said.
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To reduce investor focus on the yuan's exchange rate against the U.S. dollar, China began publishing a new yuan exchange rate against a basket of currencies in December.
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People's Bank of China official Li Bo also told reporters that China's yuan exchange rate was primarily market driven and that flexibility of the yuan exchange rate had increased.
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When asked about the forint's current levels, he said the government had no exchange rate target, while it was important to have stability and predictability in the exchange rate.
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Maduro devalued the strongest official exchange rate by 0.53 percent to 10 bolivars per dollar from 6.3, and streamlined the previous three-tiered system into a dual exchange rate mechanism.
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"He could say that we monitor exchange-rate developments, and we don't target any one level and changes in the exchange rate will be reflected in our projections," said Randol.
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" INFLATION PASS THROUGH DUE TO EXCHANGE RATE SHOCK HAS FURTHER TO GO Question: "You said earlier that the Bank had anticipated a fall in the exchange rate and some increased inflation.
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"Japan's monetary authority has the right to smooth extreme exchange rate fluctuations by intervention, and influence over the course of exchange rate by monetary policy pursuing its macroeconomic objectives," he said.
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The measures devalue the strongest official exchange rate by 37 percent to 10 bolivars per dollar from 6.3, and streamline the previous three-tiered system into a dual exchange rate mechanism.
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ETHIOPIA SHOULD SLOWLY LIBERALISE EXCHANGE RATE REGIME - C.BANK GOVERNOR
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After the official exchange rate was devalued in 2016, foreign exchange reserves were approaching $25 billion, and the move failed to stop the slide of the parallel market exchange rate, which meant the Central Bank of Nigeria (CBN) was forced to act again the following year when the Nafex (Nigerian Autonomous Foreign Exchange Rate) was implemented.
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It added intervention policies will be adopted consistent with a flexible exchange rate regime and supportive of improving foreign exchange market functionality, and maintaining a competitive exchange rate will be an important objective.
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"On balance, the exchange rate outlook is far much better than last year, implying a much less inflationary impact from the exchange rate," the bank said in a statement posted on its website.
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Monetary policy works through housing and, these days, the exchange rate; if it affects business spending, the effect is indirect, through changes in sales that were caused by housing and the exchange rate.
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It reduces trade flows; this means that larger real exchange rate movements are necessary to accommodate swings in the capital account; and these exchange rate movements themselves reduce the return to international investment.
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The consumer behaviour correlates very much to the exchange rate.
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At the centre of the problem is the exchange rate.
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Beijing has proved very sensitive to the yuan's exchange rate.
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Excluding the effect of exchange rate fluctuations, NOI increased 6.5%.
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The exchange rate fell sharply from 2013 to late 2015.
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The exchange rate for foreign transactions is determined by Mastercard.
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The exchange rate is a major variable for its predictions.
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So the exchange rate has to reflect the new reality.
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Others think the exchange rate should fluctuate around a target.
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This involves a weaker effective exchange rate for the yuan.
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Abubakar's manifesto said the exchange rate controls were an issue.
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Exchange rate fluctuations were also hitting earnings, the company said.
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Nigerian newspapers even include reports of the unofficial exchange rate.
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With the yen to USD exchange rate, it is $14.18.
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Its official exchange rate was 1,086 per dollar last Friday.
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In February, the exchange rate hit a high of $1.2508.
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I think the exchange rate is not a big issue.
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"A decline in the exchange rate is needed," he said.
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Africa's biggest oil exporter operates a multiple exchange rate regime.
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The exchange rate is a price — the price of money.
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S. dollar exchange rate and Fortis's closing price on Monday.
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Setting a specific exchange rate now is naïve and shortsighted.
|
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The official exchange rate for importing essential goods is ten.
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|
It has repeatedly said it has no exchange rate target.
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He reiterated that the bank had no exchange rate target.
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|
However, we see that in addition to the reduction in dependency of the exchange rate, especially on oil prices, we also see a reduction in the dependency of inflation on the exchange rate Therefore, the transfer coefficient that is normally applied – the transfer coefficient of the exchange rate on inflation – it has halved, according to our assessments and, in practice, we see, over the last week, that the weakening in the exchange rate has had a fairly weak impact on current inflation.
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Where barriers to capital flow are undesirable or futile, the trilemma boils down to a choice: between a floating exchange rate and control of monetary policy; or a fixed exchange rate and monetary bondage.
|
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China currently operates an administered peg exchange rate system, whereby the yuan-dollar exchange rate is allowed to fluctuate by 2 percent either side of a midpoint fixed by the central bank each day.
|
|
It does that through using the difference between the lower government exchange rate and the higher market exchange rate to gain rials from oil sales, a move known in the financial world as arbitrage.
|
|
While most modern capitalist economies let their exchange rate "float" according to the vagaries of traders in financial markets, China maintains a "controlled" currency and banking system where the government controls the exchange rate.
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And meanwhile, in the media and in policy statements, China will be very low profile, because RMB exchange rate, to me, is more noticeable, is more attention grabbing than sterling pound, or yen exchange rate.
|
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"If exchange rate movements permanently affect price stability, the CBRT will change its monetary policy stance and give the necessary reaction," it said in its 2019 monetary and exchange rate policy document, released on Wednesday.
|
|
It has also said intervention policies will be adopted consistent with a flexible exchange rate regime and supportive of improving foreign exchange market functionality, and maintaining a competitive exchange rate will be an important objective.
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|
S. dollar exchange rate, which Beijing is deliberately allowing to weaken.
|
|
The committee from now on will set the exchange rate daily.
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|
How big an impact that has depends on the exchange rate.
|
|
In return Argentina has agreed to a new exchange-rate regime.
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|
Apart from exchange rate trends, another crucial difference is inflation rates.
|
|
Excluding the effect of exchange rate fluctuations, NOI rose 3.2 percent.
|
|
Such exchange-rate fluctuations are now commonplace in other emerging economies.
|
|
So lots of information is contained in the RMB exchange rate.
|
|
But using the current exchange rate, France has pulled slightly ahead.
|
|
So is it now targeting the exchange rate, rather than inflation?
|
|
Last August the central bank introduced a new "exchange-rate mechanism".
|
|
And so the company would be taking an exchange rate risk.
|
|
It can also be used to set up exchange rate alerts.
|
|
Excluding the effect of exchange rate fluctuations, NOI fell 2.2 percent.
|
|
A higher exchange rate would be damaging on all those fronts.
|
|
Few think the official exchange rate can be sustained much longer.
|
|
Excluding the effect of exchange rate fluctuations, NOI increased 0.3 percent.
|
|
Next, set your exchange rate — for example, a quarter per chip.
|
|
Bitcoin is leading, with a record high exchange rate of $6,500.
|
|
Dramatic exchange rate fluctuations tend to portend upswings in protectionist pressure.
|
|
The cheap exchange rate policy was not necessarily a good idea.
|
|
Argentina's not cheap, but the exchange rate helped keep costs down.
|
|
" • "That makes growth and inflation highly dependent on the exchange rate.
|
|
This exchange rate is known as the onshore yuan, or CNY.
|
|
These days, a favorable exchange rate is the cherry on top.
|
|
The bank has repeatedly said it had no exchange rate target.
|
|
With the current exchange rate and AT refund, it cost $1,83.
|
|
The NBH has repeatedly said it has no exchange rate target.
|
|
The imposition of tariffs is leading to a freer exchange rate.
|
|
The city's exchange rate system is crucial to its influence, too.
|
|
The exchange rate is a key variable for the euro zone.
|
|
Other things equal, via a depreciation in its real exchange rate.
|
|
"We think the exchange rate of 285/$1 used to arrive at the petrol price ceiling of 145/litre suggests a two-tier exchange rate may be a possibility," Yvonne Mhango, economist at Renaissance Capital said.
|
|
"When someone says that basically a good exchange rate is good for exporters and it's good for the economy and it's good, that means it's targeting the exchange rate," Draghi said when asked about Mnuchin's comments.
|
|
"We will improve the market based exchange rate formation and transmission mechanism, we aim to let the market play a more decisive role in determining exchange rate," Chen said during an event at Bloomberg in London.
|
|
Non-deliverable currency forwards, a derivative product used to hedge against future exchange rate moves, indicated markets expected the naira's exchange rate at 366 to the dollar in 12 months' time, compared to 331.78 at Tuesday's close.
|
|
It also urged the major oil producer to introduce immediate changes to its exchange rate policy - characterised by central bank curbs, multiple exchange rates and an artificially high naira valuation - or risk "a disorderly exchange rate depreciation".
|
|
The central bank's deal earlier this month bought those funds' bonds at an exchange rate of 137.5 crowns per euro - which was a near 20 percent discount on the current euro/crown exchange rate of 119.10 EURISK=.
|
|
Monetary and exchange rate policy is constrained by high levels of dollarisation.
|
|
"We would continue to operate a managed float exchange rate," he said.
|
|
A major downside risk to inflation projections stems from the exchange rate.
|
|
Weights of trading partner countries in the euro's effective exchange rate: tmsnrt.
|
|
Draghi said afterward that the ECB wasn't targeting the euro exchange rate.
|
|
Indeed, the lower exchange rate was boosting sentiment, the central bank said.
|
|
A high exchange rate hurts exporters, however, and European stocks suffered accordingly.
|
|
The official exchange rate of the Turkmen manat is 3.5 per dollar.
|
|
The free-market exchange rate is about 3.5m bolívares to a dollar.
|
|
That is less than $4 at the current black-market exchange rate.
|
|
One probable outcome is that the exchange rate will become more volatile.
|
|
I take advantage of the exchange rate, which is in my favor.
|
|
The markets will set the exchange rate that's right for the economy.
|
|
There is no economic imbalance that this exchange rate move is correcting.
|
|
"Lots of Chinese come here because of the exchange rate," Yong said.
|
|
HSCE, which are closely correlated to the dollar/yuan exchange rate CNY=.
|
|
This allowed national currencies to base an exchange rate on the ECU.
|
|
Yet no exchange-rate policy offers a sure and safe route forward.
|
|
The Economist's burger benchmark aims to make exchange-rate theory more digestible.
|
|
Consumer price inflation will be higher due to a weaker exchange rate.
|
|
Adding bolivars to the economy generally puts pressure on the exchange rate.
|
|
At today's exchange rate it brings total funding to approximately $62.6 million.
|
|
The exchange rate has only appreciated gradually since April, gaining about 3%.
|
|
Tellingly, it promised to maintain order, not stability, in the exchange rate.
|
|
"This shows the exchange rate situation is still very fragile," Zurbruegg said.
|
|
The Buhari government hopes that the fixed exchange rate will prevent inflation.
|
|
Until quite recently, no country seemed keen on a strong exchange rate.
|
|
Plus, when you're online, you can see the latest exchange rate, too.
|
|
The exchange rate in Egyptian banks is around 18.12 pounds per dollar.
|
|
The government has pledged to move toward a market-based exchange rate.
|
|
With the exchange rate, the prices were even cheaper than in America.
|
|
This firm concluded that a 3:1 exchange rate was absolutely appropriate.
|
|
In so doing, it takes the overall exchange rate situation into account.
|
|
Prices were down 40 percent because of the exchange rate, she said.
|
|
Here's HSBC: The largest contribution came from the real effective exchange rate.
|
|
All US dollar amounts are based on the Monday evening exchange rate.
|
|
" •"The recent volatility in the exchange rate represents a source of uncertainty.
|
|
TAIWAN CENTRAL BANK SAYS TAIWAN DOLLAR/US DOLLAR EXCHANGE RATE IS STABLE
|
|
Excluding the effect of exchange rate fluctuations, NOI decreased by 0.6 percent.
|
|
The current dollar exchange rate to the Chinese currency is 6.85 yuan.
|
|
The current weaker forint exchange rate could help exports too, Gulyas added.
|
|
The exchange rate is a floating one, that's the central bank's domain.
|
|
But he also stressed the real has a free-floating exchange rate.
|
|
And he should immediately delete any provisions for a specific exchange rate.
|
|
It has stopped trying to dictate the exchange rate and control prices.
|
|
"Efforts at economic diversification are...hampered by exchange rate uncertainties," he said.
|
|
Furthermore, overnight, the exchange rate, with the dollar against the ruble, soared.
|
|
It is less than two dollars at the black market exchange rate.
|
|
The central bank reiterated it would stick to a free-floating rouble exchange rate, claiming a government decision not to spend extra energy revenues via a so-called "fiscal rule" would help stabilise the rouble's real exchange rate.
|
|
Sales, excluding exchange rate effects as well as the impact of acquisitions and divestments, rose to 1.807 billion euros ($2.16 billion), just ahead of average analyst forecasts, although exchange rate effects meant nominal growth was just 0.4 percent.
|
|
"When someone says that basically a good exchange rate is good for exporters and it's good for the economy and it's good, that means it's targeting the exchange rate," Draghi said when asked about Mnuchin's comments, according to Reuters.
|
|
"We have shielded Hungarian citizens as much as possible from exchange rate risk, therefore, the issue of the exchange rate is not so central an issue now," Gergely Gulyas, Prime Minister Viktor Orban's chief of staff said on Thursday.
|
|
The exchange rate, controlled by the government, makes remitting money through banks unattractive.
|
|
The real exchange rate was 4% higher in 1H16 than a year earlier.
|
|
"The Chinese authorities are too indecisive about the exchange rate policy," he said.
|
|
Under the unofficial exchange rate the budget is equal to about $47 billion.
|
|
Yet most governments sought exchange-rate stability amid the sloshing tides of money.
|
|
Transactions appear instantly in the app with the details of the exchange rate.
|
|
"Adjustment through changes in the exchange rate is not necessarily required," he said.
|
|
But it is on the dollar exchange rate that most people still focus.
|
|
The yuan-dollar exchange rate is now the world's most watched asset price.
|
|
The yuan-dollar exchange rate has become a gauge of global risk appetite.
|
|
So these countries are also uniquely exposed to the euro-dollar exchange rate.
|
|
"This exchange rate effect has boosted foreign demand quite markedly," said DIW's Juncker.
|
|
The ratio of those prices gives a PPP exchange rate of 27,500 bolívars.
|
|
The exchange rate plummeted from around nine to the dollar to nearly 18.
|
|
It is thus hard to stabilise prices without also stabilising the exchange rate.
|
|
The report, "Global Macro Trends Trigger Exchange Rate Pressures", is available on www.fitchratings.
|
|
Core operating profit rose by 9 percent on a constant exchange rate basis.
|
|
A constant currency calculation attempts to nullify the impacts of exchange rate fluctuations.
|
|
"These factors could continue to cause volatility in the exchange rate," he said.
|
|
We don't go to the stock exchange or look at the exchange rate.
|
|
Though commodity prices have been rising, the exchange rate has turned slightly favourable.
|
|
The country abandoned the fixed exchange rate with the dollar in January 2002.
|
|
That works out to about $3.15 per gallon at the current exchange rate.
|
|
Yet evidence suggests that Britain's exchange-rate pass-through is larger than before.
|
|
Reformers wanted a more flexible exchange rate and a more vigorous stock market.
|
|
"Obviously we monitor oil prices, exchange rate developments and global events," he said.
|
|
Exchange rate moves have been a boon to Japanese, euro and UK stocks.
|
|
The scooter isn't cheap; it's priced at €2,000 ($2,244 on today's exchange rate).
|
|
At the current exchange rate, Gol's total debt amounts to 8 billion reais.
|
|
However, the macroeconomic and exchange rate context has changed dramatically in recent years.
|
|
It said continued exchange rate flexibility would be important in the period ahead.
|
|
Mangudya directed banks to ensure the ensure official exchange rate reflected market conditions.
|
|
The exchange rate then meant that $22017 would get you about 22015,250 bolivars.
|
|
The crown exchange rate is another important factor in deciding on interest rates.
|
|
The gang allegedly demanded 20 bitcoins, or around $52,000 at today's exchange rate.
|
|
Prices are soaring, sales are off and everyone is quoting the exchange rate.
|
|
The understanding includes strong commitments on exchange rate practices, robust transparency, and reporting.
|
|
The current large exchange rate swings are also a tax for previous interventions.
|
|
But he also stressed that the real has a free-floating exchange rate.
|
|
On Monday, the exchange rate between the two currencies was nearly 58:1.
|
|
It could also leave Lebanon with, in effect, a two-tier exchange rate.
|
|
The government's draft budget estimates an exchange rate of 20 pesos per dollar.
|
|
Volatile financial markets and exchange rate changes also added challenges, the company said.
|
|
In the absence of shocks, relative exchange rate stability is expected to continue.
|
|
He did not provide details on how an exchange rate would be determined.
|
|
MOSCOW, Feb 11 (Reuters) - Russia's central bank Governor Elvira Nabiullina said on Thursday the central bank did not intend to change its policy of having a floating exchange rate and that artificially influencing the exchange rate could have negative consequences.
|
|
The People's Bank of China said the country was not devaluing its currency and would adhere to the market-determined exchange rate system, but some analysts view the sharp shift in the exchange rate as another blow in the trade war.
|
|
Officials have repeatedly played down concerns about the dollar exchange rate, noting that a floating exchange rate can protect the economy from external shocks and that the peso's sharp moves against the dollar contrast with more modest moves against other currencies.
|
|
"Our recommendation is, and we will have discussions about it ... that they should look at the exchange rate and try to make the exchange rate more realistic to what the value of the naira is to the dollar," she added.
|
|
The official price now for a bag of corn flour used to make the everyday Venezuelan staple of arepas, for instance, is 190 bolivares ($19 at the official exchange rate; only a dime or two at the black market exchange rate).
|
|
The finance ministry would not intervene in exchange rate management, Junior Finance Minister Eran Wickremaratne said last week, adding that the central bank would intervene as and when necessary to curb excess volatility in the exchange rate and also punish speculators.
|
|
But none met the stable exchange rate criterion because to do that, they would have to enter the Exchange Rate Mechanism II - a two-year quarantine during which the exchange of the national currency against the euro cannot fluctuate too much.
|
|
Some of the richest people in the North Korean underground economy are money-lenders who change cash at a black market exchange rate roughly 80 times higher than the state's officially-publicized exchange rate of around 100 won to the dollar.
|
|
"The exchange rate has become a bigger issue," one of the sources told Reuters.
|
|
China's offshore exchange rate stood unchanged at 6.7741 yuan per dollar by 0845 GMT.
|
|
The remaining 353 respondents said authorities would not intervene to defend that exchange rate.
|
|
"The NBH ... does not care about the movement of the exchange rate," he added.
|
|
It starts with an overvalued exchange rate, which gives rise to a trade deficit.
|
|
In countries with foreign-currency debts, the exchange rate acts as a financial amplifier.
|
|
"Japan won't discuss exchange-rate matters in the context of trade talks," Aso said.
|
|
Dollars have become hard to obtain at the official exchange rate of 1,507.5 pounds.
|
|
However, this year's surge in the euro exchange rate complicates the ECB's exit strategy.
|
|
There is no denying that China has manipulated its exchange rate in the past.
|
|
Increased exchange rate flexibility allows to the economy to absorb shocks without depleting reserves.
|
|
This buffer supports Oman's market access and the stability of the exchange rate peg.
|
|
The ERM had been intended to reduce exchange rate fluctuations ahead of monetary union.
|
|
A drop in the exchange rate could soften the blow of a 5% tariff.
|
|
People's Bank of China Governor Zhou Xiaochuan added that exchange rate fluctuations are normal.
|
|
The SNB cited in particular capital gains from equity markets and exchange rate movements.
|
|
The falling exchange rate made consumer tech goods more expensive, the stats office said.
|
|
However, Elite's exposure to currency mismatch could expose the company to exchange rate volatility.
|
|
They include weak PC demand, exchange rate volatility and macroeconomic uncertainty, particularly in Europe.
|
|
Absent a fixed exchange rate regime, it should instead now lead to USD weakness.
|
|
The 2018/19 revenue forecast assumes an exchange rate of $1.15 to the euro.
|
|
On Monday, the government set the renminbi's official exchange rate stronger against the dollar.
|
|
Previous pledges to act on the exchange rate and subsidies have come to little.
|
|
Hardly the stuff of surging volatility, widening yield spreads and heightened exchange rate uncertainty.
|
|
The average exchange rate for 2018 is seen at 19.3 pesos per U.S. dollar.
|
|
The exchange rate, currently 19.6 pesos to the dollar, could well lurch towards 22.
|
|
First, the U.S. dollar-yuan exchange rate does not depend solely on U.S. factors.
|
|
The central bank holds the official exchange rate at 6.7 pounds to the dollar.
|
|
A more serious charge is that China had lost control of its exchange rate.
|
|
It has said it hopes exchange rate limits imposed by Nigeria will be removed.
|
|
"We're searching for exchange rate equilibrium," Perez said of that system known as DICOM.
|
|
The only respite could come from the possibly rising exchange rate of the dollar.
|
|
But rather than using the exchange rate, Revolut is looking at other revenue streams.
|
|
"The (dollar) exchange rate is below our expectations," TASS agency quoted Oreshkin as saying.
|
|
Dollar/yuan non-deliverable forwards price a 2104 exchange rate in a year's time.
|
|
FedEx said fuel cost and exchange rate trends helped business in its third quarter.
|
|
How big a windfall would depend on where the initial exchange rate was set.
|
|
British exporters may have gained from a lower exchange rate since the Brexit referendum.
|
|
A Reddit thread recently broke down the exchange rate between wizard and muggle money.
|
|
By the most overvalued official exchange rate, ten bolívares are worth one American dollar.
|
|
Cue reams of graphs about output gaps, exchange-rate competitiveness and nominal-wage rigidity.
|
|
"The exchange rate is more depreciated than we expected given the fundamentals," Jarvis said.
|
|
The central bank has said the exchange rate is stable and will remain so.
|
|
"I don't know how that will affect the exchange rate or oil price." video
|
|
And it stabilised the exchange rate against the dollar, with help from the IMF.
|
|
The central bank's official exchange rate for Thursday was 1.6028 manats per U.S. dollar.
|
|
It accused some media of publishing "inaccurate information" on the yuan foreign exchange rate.
|
|
So it buys contracts that essentially lock in today's exchange rate for the future.
|
|
Venezuela moved from a three-tiered to a dual exchange rate system last year.
|
|
Excluding the effects of acquisitions and exchange-rate fluctuations, revenue was up 10.7 percent.
|
|
"I don't have any concern about the stability of the exchange rate," said Ghobril.
|
|
But that's more like $40 in US dollars after you consider the exchange rate.
|
|
The points bloggers out there have been speaking very favorably about the exchange rate.
|
|
ETHIOPIA MOVE TO FULLY FLOATING EXCHANGE RATE UNLIKELY OVER NEXT 3 YEARS - C.BANK GOVERNOR
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Unlike in Britain, the trade weighted exchange rate is unlikely to decline very much.
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The United States also is seeking an enforceable agreement to prevent exchange rate manipulation.
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On Wednesday the exchange rate was 5.7 lira for $1, little changed from Tuesday.
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The central bank will announce the real effective exchange rate for February (1130 GMT).
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Adding more flexibility to the RMB-dollar exchange rate would help stem such speculation.
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At the current exchange rate the mansion's price is equivalent to about 4,200 bitcoins.
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The latest FOCUS survey showed further stabilization in the near-term exchange rate outlook.
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In trade weighted terms, Thailand's nominal effective exchange rate was the highest since 13.
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"Clearly we should expect consequences from the appreciation of the exchange rate," Draghi said.
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That makes the 2628:28503 yuan-to-dollar exchange rate Trump accepted just laughable.
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The company uses the standard Mastercard exchange rate but doesn't add any markup fee.
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Central to Britain's stock market direction in the coming months is the exchange rate.
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The euro-dollar exchange rate has often moved on U.S. political developments this year.
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All U.S. dollar amounts are converted from British pounds according to Thursday's exchange rate.
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"It looks like regulators are still keen to stabilize the exchange rate," he said.
|
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However, he reiterated his view that Hungary needed a stable and predictable exchange rate.
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"In a strict sense, it's baseless for the U.S. side to determine that there was exchange rate manipulation based on the change in the exchange rate of the RMB (yuan) on a single day," said Zhang Anyuan, Chief Economist at China Securities.
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"We believe that the exchange rate is likely to be an important issue in future trade negotiations, so the government will continue to strictly manage the RMB exchange rate and avoid sharp depreciation," economists at UBS wrote in a report on Monday.
|
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For more, click on The Swiss National Bank (SNB) purchased 86.1 billion Swiss francs in foreign currency last year to enforce the minimum exchange rate, lifted in January, and influence exchange rate developments, according to its annual report which was published on Thursday.
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A circular late on Monday said the Aden bank had ditched the official rate of 250 riyal to the U.S. dollar in favour of "the exchange rate prevalent in the market ... in accordance with the exchange rate lists issued by the central bank".
|
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Nigerian non-deliverable currency forwards, a derivative product used to hedge against future exchange rate moves, indicated markets expected the naira exchange rate at 265.00 to the dollar in six months time, and at 284.00 to the dollar in 12 months' time.
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|
For the most part, having learned from the 220006 crisis of the dangers of overly rigid exchange rate policies and of currency crisis contagion, practically all of the major emerging market economies have moved to very much more flexible exchange rate policies.
|
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BUDAPEST, March 24 (Reuters) - Hungary's central bank has no exchange rate target and considering the current huge volatility in the forint it would be difficult to say that the exchange rate matters in this respect, Deputy Governor Marton Nagy said on Tuesday.
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"The IMF's current framework, grounded in more conventional economic thinking, broadly steers members towards using the exchange rate as a shock absorber," she said, adding this had provided a good approximation of how advanced economies adjust to external shocks and exchange rate movements.
|
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While short-term technical point to a very over-bought euro exchange rate and the ebbs and flows of the markets will likely create some interesting volatility, the fundamentals point to continued and significant strengthening of the exchange rate over the coming years.
|
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It is to be for "convergence and competitiveness" of the 19 countries that share the euro and, on a voluntary basis, those countries that have locked their exchange rate in the Exchange Rate Mechanism II — the two-year waiting room for the euro.
|
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China could also seek to lower the exchange rate of its currency against the dollar.
|
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When they inject that much dong, there could be an impact on the exchange rate.
|
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Exchange rate intervention is designed to change the supply of currency on a relative basis.
|
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Users can store and spend different currencies at the interbank exchange rate, with low fees.
|
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Worried that inflation was slow to fall, they established a fixed and overvalued exchange rate.
|
|
The central bank has adopted a fixed exchange rate to protect further depletion of reserves.
|
|
The exchange rate on overseas profits can act as a tariff in itself, he said.
|
|
The yuan trades narrowly in China around an exchange rate set by the central bank.
|
|
Nigeria's disastrous attempt to prop up its exchange rate hurt far more than it helped.
|
|
And the exchange rate has been quite stable now, despite— SARA EISEN: So, you're satisfied?
|
|
Traders attributed the slight rise in prices to the changes in the currency exchange rate.
|
|
The shift in exchange rate regime has proved a turning point for Egypt's external finances.
|
|
NIGERIA'S CENTRAL BANK GOVERNOR SAYS WILL CONTINUE TO OPERATE A MANAGED FLOAT FOREIGN EXCHANGE RATE
|
|
"Beyond dollar appreciation, there is also the potential for increased exchange rate volatility," she said.
|
|
But since the early 1970s more countries have moved to a floating exchange-rate system.
|
|
That inflationary psychology also depends on the exchange rate, which Argentines watch with grim fascination.
|
|
The less restrictive exchange rate used outside mainland China is known as the offshore yuan.
|
|
The plan did not include any change to the country's fixed exchange rate, it added.
|
|
It also repeated its forecast for a hit from adverse exchange rate moves this year.
|
|
AND IT'S VERY HARD TO PREDICT THE EXCHANGE RATE, BUT WE TAKE IT INTO ACCOUNT.
|
|
China's central bank allows the exchange rate to rise or fall 2% from that number.
|
|
Switching to a single, unrigged exchange rate would allow a more sensible allocation of resources.
|
|
He has also overseen reforms to make the yuan's exchange rate a little more flexible.
|
|
He predicted that the exchange rate will fluctuate between 18.50 and 19.75 pesos per dollar.
|
|
Thursday's exchange rate of 203 yuan to the dollar was the lowest since March 2011.
|
|
The yuan's exchange rate against the dollar has been a repeated complaint from Donald Trump.
|
|
Since we are international company, the exchange rate is something we need to worry about.
|
|
At the current exchange rate, Manfred estimates he has $397 trillion worth of WildStar gold.
|
|
It is on Colombia's border that the black market exchange rate is calculated by traders.
|
|
Futures contracts guarantee a company a certain exchange rate in, say, three or six months.
|
|
"We want a sustainable exchange rate that gives our exporters a fair go," he said.
|
|
On Friday, Premier Li Keqiang reiterated that China will maintain a basically stable exchange rate.
|
|
"The exchange rate has become a bigger issue," an ECB source told Reuters on Thursday.
|
|
These factors should more than offset a soft CRM market and foreign exchange rate headwinds.
|
|
"But the local gold industry has the benefit of the exchange rate effect," she said.
|
|
Amazon said it took a hit of about $1.2 billion from foreign exchange rate changes.
|
|
"I completely disagree that we are not concerned abut the shekel's exchange rate," Hazan said.
|
|
Number226 uses the MasterCard exchange rate and doesn't add any fee on top of it.
|
|
Exchange rate movements reduced the company's available capital while growing business volumes increased required capital.
|
|
The rapid drop in the exchange rate has prompted inflation to accelerate in recent months.
|
|
We see the exchange rate rising slightly to 113 yuan by the beginning of 211.
|
|
The new rate will replace the Dicom exchange rate, one of Venezuela's two official rates.
|
|
My column this week explains the short-run exchange-rate trade-offs confronting the leadership.
|
|
Monetary and exchange rate policy adjustment continues, but the framework remains weak relative to peers.
|
|
The plan did not include any change to Lebanon's fixed exchange rate, he told Bloomberg.
|
|
The stability of China's yuan exchange rate and foreign exchange reserve faces pressure, he said.
|
|
Public debt is 0003% foreign-currency denominated, making it highly susceptible to exchange rate risk.
|
|
It's questionable, to put it diplomatically, that Germany is somehow manipulating the euro's exchange rate.
|
|
The central bank insists on an exchange rate of 197-199 naira to the dollar.
|
|
This week also saw Venezuela's black market exchange rate surge past 10,000 bolivars per dollar.
|
|
Reforms to the exchange rate system were "a relatively urgent matter", he said without elaborating.
|
|
In addition to moving the exchange rate, that affects asset prices and wholesale borrowing rates.
|
|
In the eurozone, however, Italy is stuck with whatever exchange rate the euro trades at.
|
|
Q: But your models say most of the exchange rate impact should have happened already.
|
|
"That communication is a core part of an effective exchange rate regime," the official said.
|
|
Correction: This story has been revised to reflect the correct exchange rate for the euro.
|
|
Since 2012, the average daily move in the pound-dollar exchange rate is 0.35 percent.
|
|
Currency exchange rate shifts had a "slightly negative" effect on earnings, the company said Friday.
|
|
HARUHIKO KURODA: Exchange rate, as a central banker, I should-- refrain from making any comment.
|
|
Some businesses have halted operations since last week because of uncertainty over the exchange rate.
|
|
He said he believed the G20 would keep established language rejecting foreign exchange rate manipulation.
|
|
There is no suggestion the central bank is in any way targeting the exchange rate.
|
|
The carry trade is reliant on low interest rates and stability in the exchange rate.
|
|
Low import prices and an appreciating exchange rate kept consumer price rises subdued in 2016.
|
|
The apparent 'overboughtness' of the koruna market would prevent the exchange rate from appreciating sharply.
|
|
Rather, all exchange rate decisions regarding the euro are made by the European Central Bank.
|
|
The median forecasts for economic growth and the exchange rate for 2019 were also unchanged.
|
|
Fan emphasised that China should not take a backward step toward fixing the exchange rate.
|
|
It will raise the exchange rate, which will hurt exports and push the deficit up.
|
|
We didn't have any unusual exchange rate volatility and we're not expecting any going forward.
|
|
Movements in the exchange rate help explain the link between spending and the trade deficit.
|
|
What matters is the relative value — the honesty-to-dishonesty exchange rate, so to speak.
|
|
The Governor also criticized Varga's remarks that Hungary needed a stable and predictable exchange rate.
|
|
The Governor also criticized Varga's remarks that Hungary needed a stable and predictable exchange rate.
|
|
To exit from this trap, the government needs to switch to a floating exchange rate.
|
|
At London 2012, the most expensive opening ceremony tickets cost $2,618 at today's exchange rate.
|
|
The exchange rate is simply the price of dollars in terms of a foreign currency.
|
|
Nigeria and the Democratic Republic of Congo have experienced exchange rate problems in the past.
|
|
For political reasons, the exchange rate with East Germany was set at above market rates.
|
|
"Various equilibrium exchange-rate models indicate that the shekel is overvalued," the central bank said.
|
|
" Back in January, the ECB said that the exchange rate was a "source of uncertainty.
|
|
But last year, the government freed the exchange rate and more broadly legalized dollar transactions.
|
|
"Our currency has a flexible exchange rate and adapts itself to global changes," he said.
|
|
China wants an overall outflow of capital that leaves reserves and the exchange rate stable.
|
|
Central banks aren't spooked into action by daily, weekly or even monthly exchange rate fluctuations.
|
|
Implied three-month volatility on the dollar/real exchange rate rose to 12.5% on Thursday.
|
|
"We applaud the results ... we want this exchange rate to go even lower," he said.
|
|
The movement in the exchange rate would offset the initial impact on imports and exports.
|
|
But we have absolutely no intention of tying monetary policy decisions with exchange-rate moves.
|
|
"The exchange-rate value of the Mexican peso to the U.S. dollar was 3.5; after the peso collapse in December of 1994, the exchange-rate went to 7 pesos to the dollar and today it is roughly 19 pesos to the dollar," Shelton told CNN.
|
|
The move was targeted at shifting the currency towards an exchange rate that better reflects China's trade links as well as divert attention away from the dollar/yuan exchange rate, which has risen sharply amid the divergence in monetary policy between the U.S. and China.
|
|
To adopt the euro, a European Union country has to have low inflation, interest rates and debt, a deficit within the EU limits, as well as a stable exchange rate, proven by two years spent in the Exchange Rate Mechanism II without severe tensions.
|
|
CARACAS, Feb 17 (Reuters) - Venezuela on Wednesday devalued the country's strongest official exchange rate by 37 percent and turned a three-tier exchange rate system into a dual system as part of a package of measures meant to address the OPEC nation's economic crisis.
|
|
The MAS manages monetary policy by making changes to the exchange rate, rather than interest rates, letting the Singapore dollar rise or fall against the currencies of its main trading partners within an undisclosed policy band based on its nominal effective exchange rate (NEER).
|
|
"Throughout the upcoming discussions, we will emphasize the importance that all G20 members honor their commitments to move more rapidly to more market determined exchange rate systems, avoid persistent exchange rate misalignments and refrain from targeting exchange rates for competitive purposes," the official said.
|
|
The bank offers a peso credit line that helps foreign investors offset their exchange-rate risk.
|
|
In case you aren't familiar with the exchange rate for Swiss francs, that's about $100 million.
|
|
A government-set exchange rate of 42,000 rials to $1 has generated a vibrant black market.
|
|
A stable or higher exchange rate will help offset that and bring inflation back to target.
|
|
This improvement, together with the flexible exchange rate, will contain pressures should external financing dry up.
|
|
The single currency gained 0.1 percent to $1.1347, keeping the exchange rate within recent trading ranges.
|
|
However fixed an exchange-rate arrangement pretends to be, it can be altered at any time.
|
|
The official exchange rate has been set at 47.5 Sudanese pounds to the dollar since October.
|
|
It does not take orders from the president and treats the exchange rate with benign neglect.
|
|
It then strengthened it to 8.78 per dollar, while adopting a more flexible exchange-rate policy.
|
|
The macroeconomic policy framework has been strengthened through increased exchange rate flexibility and tight monetary policy.
|
|
Currencies might then need to fall to keep the real exchange rate steady and exports competitive.
|
|
Nidetzky pointed out in the interview the crown's exchange rate as another factor affecting monetary conditions.
|
|
In a June 2016 statement, the firm blamed the drop in revenue on exchange rate fluctuations.
|
|
Yi told media that no "numerical number" for the exchange rate was more important than another.
|
|
"The real exchange rate is the parallel market," said University of Khartoum professor Mohammed al-Jak.
|
|
However, Uganda's flexible exchange rate and the BOU's willingness to tighten monetary policy mitigate external imbalances.
|
|
It later strengthened it to 8.78 per dollar, while adopting a more flexible exchange-rate policy.
|
|
Despite Mr Draghi's best efforts, the exchange rate to watch is dollar-yuan, not euro-dollar.
|
|
Abrupt exchange rate adjustments since 2015 in Azerbaijan, Egypt, Kazakhstan, Nigeria and Suriname highlight potential pressures.
|
|
Currencies would then need to fall to keep the real exchange rate steady and exports competitive.
|
|
Its search for dollars may have contributed to the latest sharp turn in the exchange rate.
|
|
Headline commitments include floating the rupee exchange rate, raising tax revenues and strengthening the business climate.
|
|
Yet most leaders signed onto IMF programmes to cut spending rather than move the exchange rate.
|
|
Most analysts expect the bank to remove the exchange rate cap already during the second quarter.
|
|
We use market-price indicators, such as commodities, the dollar exchange rate, and Treasury inflation expectations.
|
|
These include a "roadmap for distribution" of the banknotes and what exchange rate will be set.
|
|
Commerzbank said worries about U.S. inflation returning were reflected in rising exchange rate volatilities options markets.
|
|
When capital moves across borders, these failures are amplified by distance, unfamiliarity and exchange-rate risk.
|
|
But Garner's charts indicate that it could already be baked into the dollar-euro exchange rate.
|
|
Excluding exchange rate effects, Legal revenue rose by 4 percent during the quarter to $599 million.
|
|
Yi said two-way volatility of the exchange rate against the dollar had increased over time.
|
|
The average exchange rate for the year in question is commonly used for comparisons between countries.
|
|
Excluding exchange rate effects, Legal revenue rose by 23 percent during the quarter to $20203 million.
|
|
The uncertain handling of the country's exchange rate, on the other hand, is no laughing matter.
|
|
The central bank has started to back away from obsessive management of the yuan's exchange rate.
|
|
But there were no specific discussions on exchange-rate moves at the G20 gathering, Aso said.
|
|
Lew also urged Beijing to clearly communicate its exchange rate policies and actions to financial markets.
|
|
"The yuan exchange rate will have a directional move depending on the Fed's decision," Li said.
|
|
These include, for example, the country's most important macroeconomic policies: fiscal, monetary and exchange rate policies.
|
|
Kazakhstan and Azerbaijan are adapting to lower oil prices and abrupt exchange rate adjustments last year.
|
|
However, the rouble-dollar exchange rate (which everyone uses) is a poor approximation of Russian competitiveness.
|
|
Their attempts to protect the exchange rate and increase manufacturing by diktat are doomed to fail.
|
|
The exchange rate has broadly been stable except for bouts of weakness in 1997 and 2008.
|
|
Even over shorter timescales than these, the impact of exchange-rate movements on inflation can change.
|
|
So senior members of his party are now pushing for some form of dual exchange rate.
|
|
Wary Indians were importing more gold as a result, putting further pressure on the exchange rate.
|
|
The value of our money shouldn't just be judged by the exchange rate with other currencies.
|
|
"The feedback loop through exchange rate and financial market channels appears to be elevated," Brainard said.
|
|
Countries that borrow in their own currency are inured from exchange rate risk and imported inflation.
|
|
Soybean prices in Brazil have slowly improved in recent months with a more favorable exchange rate.
|
|
"Argentina has a floating, market-determined exchange rate, and we fully support that," the spokesman said.
|
|
Prior to old exchange rate peg, the currency market traded on 0.5 naira spreads, they said.
|
|
Retail loans grew by a moderate RUB30 billion (0.3%) after being adjusted for exchange rate movements.
|
|
But none of these plans will be possible if the government maintains an artificial exchange rate.
|
|
Heavy government borrowing and a worsening exchange rate, which raises the cost of imports, fuel inflation.
|
|
"The central bank's objective is inflation, not any particular asset price or exchange rate," Goldfajn said.
|
|
ECB President Mario Draghi said the euro's exchange rate is "very important" and needs careful monitoring.
|
|
Ethiopia's strong real effective exchange rate appreciation in 2014 and 2015 triggered its MPI 3 designation.
|
|
That last occurred sterling was part of the EU's Exchange Rate Mechanism in the early 1990s.
|
|
Retail loans contracted by a moderate RUB19 billion (0.2%) after being adjusted for exchange-rate movements.
|
|
The alleged exchange rate manipulation is a technically tenuous argument (in fact, theoretically and practically indemonstrable).
|
|
The crown's exchange rate has kept underperforming the bank's outlook, he said, another pro-inflationary factor.
|
|
The rubles are converted into dollars at an unfavorable exchange rate (money laundering is not cheap).
|
|
Enter the latest update from Curve, which introduces the "real exchange rate, with no hidden fees".
|
|
The producer price index would have fallen by 0.2 percent had the exchange rate stayed constant.
|
|
An earlier version of this article included outdated information about a subsidized official currency exchange rate.
|
|
Market participants continue to lower their outlook for the Brazilian real's exchange rate against the dollar.
|
|
Abolishing her currency controls and unifying Argentina's exchange rate was one of his earliest, proudest successes.
|
|
The Central Bank of Chile posts the daily UF-to-peso exchange rate on its website.
|
|
Kenya is enjoying a stable foreign exchange rate, low inflation and a reduced current account deficit.
|
|
She warred with foreign creditors and hobbled exporters with high taxes and an overvalued exchange rate.
|
|
He said workers were being offered the equivalent of $2,500 at the black market exchange rate.
|
|
On the days in which no suspicious activity occurred, the exchange rate saw a slight decline.
|
|
Adjusted for exchange rate swings, global wealth rose 7 percent, the Boston Consulting Group survey found.
|
|
The two estimates are far apart because the budget and company treat exchange rate effects differently.
|
|
With little reliable data, investors often use exchange rate moves to draw conclusions on hedge ratios.
|
|
Users will be able to see the transfer fee and exchange rate upfront before paying someone.
|
|
In contrast, Venezuela devalued its bolivar and announced a new system for setting the exchange rate.
|
|
And yet, as we note this week, calm has descended on the euro-dollar exchange rate.
|
|
"Moving towards a unified exchange rate should be pursued as soon as possible," the IMF said.
|
|
The central bank said on Wednesday it would abandon its 16-month fixed exchange rate policy.
|
|
The economy continued adjusting to the 2015 exchange rate devaluation and lower oil revenues throughout 2016.
|
|
I think it would it would become a problem if the exchange rate really changes abruptly.
|
|
Adjusted for exchange rate swings, wealth rose 7 percent, the Boston Consulting Group (BCG) survey found.
|
|
"A trade war or an exchange rate war won't be advantageous to any country," Zhang added.
|
|
With the current exchange rate, the experience is not only exciting, but also often a bargain.
|
|
The producer price index would have increased by 0.3 percent had the exchange rate stayed constant.
|
|
" "The exchange rate that has had the most consistent correlation with U.S. yields is dollar/yen.
|
|
"We expect at least a 20193% exchange rate devaluation at the investors' and exporters' foreign exchange (IEFX) window by end 2Q20," said JPMorgan's Ayomide Mejabi, referring to the exchange rate window most commonly used by foreign investors which sees the naira just below 370 to the dollar.
|
|
It told commercial and Islamic banks to "use the exchange rate prevalent in the market for the U.S. dollar and other foreign currencies in accordance with the exchange rate lists issued by the central bank", adding that a floating rate will be adopted as of Aug. 15.
|
|
The MAS manages monetary policy by changes to the exchange rate, rather than interest rates, letting the Singapore dollar rise or fall against the currencies of its main trading partners based on its nominal effective exchange rate (NEER) because trade flows dwarf the city state's economy.
|
|
Under the unofficial exchange rate used on the free market, the budget is worth about $47 billion.
|
|
Since 2014, EMs including China, Vietnam, Russia and Kazakhstan have started moving towards floating exchange rate regimes.
|
|
It has kept control of both its exchange rate and its domestic monetary policy through capital controls.
|
|
"The government appears resistant to recognizing the parallel exchange rate," said Asdrubal Oliveros of local consultancy Ecoanalitica.
|
|
The government fixes the exchange rate of the local currency, the manat, at 3.5 to the dollar.
|
|
President Muhammadu Buhari has rejected calls by the International Monetary Fund for a more flexible exchange rate.
|
|
Nigeria operates a multiple exchange rate regime which it has used to manage pressure on the currency.
|
|
State funding nominally increased by RUB50bn (1.1%), or by RUB14bn (0.3%) after adjusting for exchange rate moves.
|
|
For example, Tim Cook said that Apple lost $5 billion in revenue because of exchange rate pressures.
|
|
In a statement, the bank said it intervened to prevent excessive fluctuations in the dinar exchange rate.
|
|
Masri said the bank's loans book and customer deposits had continued to grow despite exchange-rate fluctuations.
|
|
A country cannot simultaneously allow free capital flows and control its exchange rate and domestic interest rates.
|
|
Gontareva introduced sweeping reforms, including shutting down half Ukraine's lenders and switching to a flexible exchange rate.
|
|
At the moment, the dollar's trade-weighted exchange rate is 2.2 percent below its year-earlier level.
|
|
"It introduces a vulnerability to exchange rate fluctuations that many other countries simply don't face," McCormack added.
|
|
"The central bank decided yesterday to cancel the five-percent limit on ....exchange rate movements," Nurmuratov said.
|
|
NOW, BASICALLY WE THOUGHT THAT THE EXCHANGE RATE FOR 2016 WOULD BE ABOUT WHERE IT IS TODAY.
|
|
Dorofeyev was told that 1553 million pageviews would cost 2155,2508 rubles (roughly $21 by today's exchange rate).
|
|
Other contenders include the oil price or the dollar's exchange rate against the euro, yen or yuan.
|
|
The bank cited possible pressure on the peso's exchange rate as a risk for inflation to quicken.
|
|
Ms Gopinath points out that only around 30% of exchange-rate movements get passed through to prices.
|
|
Nigeria operates a multiple exchange rate regime that it has used to manage pressure on the currency.
|
|
But Jamoliddin Nuraliev, first deputy central bank governor, said the bank considered the current exchange rate sustainable.
|
|
It has long pledged to let market forces play a bigger role in setting yuan exchange rate.
|
|
His officials have shut currency exchanges, chased money-changers off the streets and fixed the exchange rate.
|
|
He kept the official exchange rate of the bolívar artificially high, ostensibly to make essential imports affordable.
|
|
Revenue slid 1.2 percent to 5.697 billion euros, dented by a 259 million-euro exchange-rate effect.
|
|
"Crucially important for diversification are macro-economic stability, low inflation and a competitive exchange rate," Saker said.
|
|
Users will be able to convert their Libra tokens into dollars, for example, using an exchange rate.
|
|
Commerzbank analysts said they expected the dollar exchange-rate reaction to the US data to be modest.
|
|
I THINK WE'RE BEGINNING TO UNDERSTAND HOW THE CHINESE PLAN ON USING – ON FIXING THE EXCHANGE RATE.
|
|
Under the old exchange rate mechanism, countries like Italy would undergo periodic devaluations to restore their competitiveness*.
|
|
The exchange rate is really the important one right now, because interest rates are close to zero.
|
|
The central bank will also continue with interest rate and exchange rate reform, according to the statement.
|
|
Profit took a hit from exchange-rate losses after the appreciation of the Mexican peso, Femsa said.
|
|
Historically, there is no correlation between the exchange rate and the bilateral trade between the two countries.
|
|
On Wednesday, the bank set an exchange rate of 24 manats per U.S. dollar, valid until Friday.
|
|
When is a historically weak foreign exchange rate not a major concern for the world at large?
|
|
The local currency's average exchange rate fell 8.4 percent against the dollar during the January-March quarter.
|
|
The South Korean won's average exchange rate against the dollar fell by 8.4 percent during the quarter.
|
|
Exchange-rate losses in the company's cash holdings also contributed to the profit decline, the firm reported.
|
|
Commerzbank analysts said they expected the dollar exchange-rate reaction to the U.S. data to be modest.
|
|
The stakes sales also raise the question of what the government will do with the exchange rate.
|
|
A narrowing current account deficit and a stable exchange rate could also boost growth, the bank said.
|
|
Previously, the Chinese leadership has said it wants to make the yuan's exchange rate more market-driven.
|
|
A weakening economy, a quasi-fixed exchange rate and more porous capital controls are a volatile combination.
|
|
In mid-December, South Sudan abandoned its official fixed exchange rate and moved to a floating rate.
|
|
However, higher costs for PET plastic along with negative exchange rate effects ate into the unit's profits.
|
|
That has just added to confusion and concerns about China's economy, exchange rate policy and global markets.
|
|
In trade-weighted terms, the euro's exchange rate is now exactly where it was a year ago.
|
|
It depends on supply and demand and the Central Bank does not interfere with its exchange rate.
|
|
But if central-bank easing doesn't even have the desired impact on the exchange rate, what next?
|
|
The Competitiveness Pact (which came into force in January 2017) has further improved real exchange rate dynamics.
|
|
The free-floating exchange rate system is good, which doesn't mean we will not make any steps.
|
|
Last week, the IMF urged the central bank to rebuild foreign reserves while maintaining exchange rate flexibility.
|
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The risk to inflation is coming from a depreciation in the exchange rate, Simsek said on Thursday.
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In other words, the central bank has hardly ceded control of the exchange rate to the market.
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Suddenly, everyone is an economist, tracking the exchange rate like the score in a World Cup match.
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These, in turn, should use monetary and exchange rate policies to shore up confidence in their economies.
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The IMF last week urged the central bank to rebuild foreign reserves while maintaining exchange rate flexibility.
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The volatile exchange rate between bitcoin and dollars means our conversions of prices are not completely accurate.
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Indirectly, the trend even forced Britain to drop out of the European exchange-rate mechanism in 1992.
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The exchange rate has stayed between six and seven yuan to one dollar for the last decade.
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However, excluding favourable exchange rate movements and disposals, group revenues on an organic basis fell 5 percent.
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In addition, the exchange rate has broadly held steady since the last interest rate cut in September.
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NAB has forecast the sterling-dollar exchange rate at 1.22 at the end of the third quarter.
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External imbalances have worsened, with a wider current account deficit in 33713530Q33710003 leading to exchange rate pressures.
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Against this backdrop, depreciation of the TND accelerated in April, triggered by an exchange rate policy miscommunication.
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The central bank said it expects a stronger ringgit exchange rate this year will mitigate import costs.
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Your card will be charged in dollars, at a terrible exchange rate, instead of the local currency.
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JPMorgan analysts noted that the central bank had sold euros this year to stabilise the exchange rate.
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The world's financial leaders will renounce competitive devaluations and warn against exchange rate volatility, a document showed.
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The central bank will also continue with interest rate and exchange rate reform, according to Friday's statement.
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Investors are focused on the euro-dollar exchange rate which has remain stuck in its recent range.
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Rather, Japan's currency mandarins fret more over the speed of exchange rate moves than the actual level.
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At the end of its extraordinary meeting, the Board decided to end the CNB's exchange rate commitment.
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The CNB stood ready to use its instruments to mitigate potential excessive exchange rate fluctuations if needed.
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Fernandez said he wants a competitive exchange rate in order to allow Argentina "to produce and export".
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They are used to take pressure off the exchange rate in times of recession and high inflation.
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Wheeler underscored that the exchange rate remains higher "than appropriate" given New Zealand's low commodity export prices.
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"The high exchange rate is beginning to hurt trade, we got no growth in trade," says Bosworth.
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Cavallo's research found that the price fluctuation influenced movement in the exchange rate of the U.S. dollar.
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The pound traded at $24 on Monday, matching the median ideal exchange rate given in the poll.
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"We see the likelihood of substantial exchange rate movements in the nearest future as insignificant," he said.
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However, the bank has no exchange rate targets and will continue its free float policy, he added.
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But those privileged with access to the official exchange rate can get a dollar for 120,000 bolívares.
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This compares share prices of Old Mutual in Harare and in Johannesburg to determine the exchange rate.
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NIGERIA'S FINANCE MINISTER SAYS COUNTRY EXPECTS TO MAINTAIN EXCHANGE RATE OF 305 NAIRA TO THE U.S. DOLLAR
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However, while overall economic data has been poor recently, this is largely reflected in sterling's exchange rate.
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He watched from the sidelines as the exchange rate crested past the $19,000 mark the following December.
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Market supply and demand influence the offshore yuan's exchange rate, but the volume traded is comparatively smaller.
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Though allowing the exchange rate to adjust instead also brings pain, it is the less bad option.
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A day in a private ICU can cost between $130 and $216 at the current exchange rate.
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"The euro exchange rate will continue to ease the position of euro zone exporters," the bank said.
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Kenya is enjoying a stable foreign exchange rate, low inflation and its current account deficit has fallen.
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Dombrovskis also said that changing the current exchange rate made no economic sense and was highly unlikely.
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The United States simply can't know the right trade-balancing exchange rate in five or 10 years.
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Turkey central bank has raised interest rates for many times in order to stable lira exchange rate.
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The monitoring list was added to the exchange rate report as part of the customs enforcement law.
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Jarvis added that Egypt's foreign exchange rate was more depreciated than the fund expected given the fundamentals.
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The exchange rate is one of the most closely watched barometers of international investor confidence in Brazil.
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Many are resigned to exchange rate volatility but hope they can swallow any weakening of the pound.
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The language isn't likely to impact all three NAFTA countries, which have a free floating exchange rate.
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The real exchange rate then adjusts to ensure that the trade balance offsets these desired capital flows.
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Staff projections in March and December were for an average exchange rate of $21.16 over 21.18-21.07.
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Uncertainty over the economic outlook had caused an overreaction in the peso's nominal exchange rate, Carstens said.
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"The current depreciation of nominal effective exchange rate exacerbates inflationary expectations," the bank said in a statement.
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"Inflation over the medium term is really a negative for the exchange rate and now you have the new administration trying to talk the exchange rate down so you seem to be getting something like a perfect storm for the dollar over the next year or so," he explained.
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"While policymakers are still trying to maintain the trade-weighted (yuan) exchange rate in a stable range, we now anticipate that they will transition towards targeting a depreciation in the NEER (nominal effective exchange rate) about two quarters earlier than initially expected," Morgan Stanley said in a note.
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After a month, the smart contract would look up the current dollar/ether exchange rate, paying one user $1,000 worth of ether at the new exchange rate (which might be more or less ether than originally submitted) and sending the rest of the ether to the second user.
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"During the period, the middle exchange rate for RMB to US dollars and other currencies experienced significant changes as a result of the reform of the RMB middle exchange rate quotation regime, which affect the profit of the company for the period," Chairwoman Cheung Yan said in the statement.
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Kenya's growing stock of foreign-currency denominated debt will make the country more vulnerable to exchange rate shocks.
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But the pound is accustomed to large swings in its nominal exchange rate, the S&P report said.
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The convoluted exchange rate system masks pressure on the naira with the regulator trying to avoid a devaluation.
|
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Organically, after stripping out the impact of acquisitions and exchange rate effects, revenue grew 2.9% and 3.5% respectively.
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At the current Bitcoin exchange rate, the apparent grand total of WannaCry's haul comes out to around $143,000.
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That would risk "pressures on foreign currency reserves, the exchange rate, interest rates and economic growth", Fitch warns.
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"The exchange rate shock has made it more difficult for policy to follow the natural rate," he added.
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This, coupled with foreign exchange rate risks, could have a negative impact on the profitability of Kazakh companies.
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The rise in labour costs has pushed up the real exchange rate, pointing to a loss of competitiveness.
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Asked about those moves, Draghi said only that the repricing of the exchange rate had "received some attention".
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A government-set exchange rate of 42,000 rials to $1 has quickly been surpassed in the black market.
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"The ECB has no specific exchange rate target," French newspaper Le Parisien quoted Coeure as saying on Tuesday.
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It is no secret that the central bank is worried about the sharp drop in Malaysia's exchange rate.
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HK/SIN after the People's Bank of China fixed the day's midpoint for the exchange rate at 7.0749.
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China runs a managed floating exchange rate of its yuan vis-à-vis a basket of foreign currencies.
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Last year alone they sold 300 bags at 300 reais each (roughly $75 at the current exchange rate).
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But they hoped to come back one day and use the favorable exchange rate to build spacious mansions.
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Each 1 yen move in the exchange rate affects Toyota's operating profit by 40 billion yen, Reuters reported.
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Ramos at Goldman Sachs said a competitive exchange rate and rising workers' remittances also contributed to the surplus.
|
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It added that it would continue to keep the yuan exchange rate at a reasonable and stable level.
|
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Large option expiries around current levels on the euro exchange rate kept the currency in a tight range.
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Mr Maduro kept the official exchange rate of the bolívar artificially high, ostensibly to make essential imports affordable.
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JPMorgan estimates the correlation between the spread and the exchange rate has reached its highest level this year.
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Even if the bank did nothing, inflation would be down again before long, as exchange-rate effects faded.
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Even without an interest-rate rise, inflation would come down again before long as exchange-rate effects fade.
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ROSENGREN: WHEN THE EXCHANGE RATE MOVES, IT SLOWS DOWN OUR ECONOMY SO WE DON'T GROW QUITE AS FAST.
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The minimum salary at Hidrocapital is worth less than three dollars a month at the market exchange rate.
|
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Although the robe lists for $167 Canadian, after the exchange rate, I only pay $137.99, which is fantastic.
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They have still a relatively closed capital account, very, very unlikely they lose control of the exchange rate.
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IMF SEES EURO'S REAL EXCHANGE RATE AS SLIGHTLY UNDERVALUED, URGES GERMANY, OTHER TRADE SURPLUS STATES TO INVEST MORE
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The dollar-based investor has to carefully consider exchange-rate exposures on any assets denominated in foreign currencies.
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He also encouraged China to advance economic reforms, including a transition to a market-determined currency exchange rate.
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On March 05212, 2016, the Venezuelan government instituted the latest reform of its multi-tiered exchange rate regime.
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The government also introduced a new floating 'Divisas Complementarias' (Dicom) exchange rate, which serves for all other transactions.
|
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Nevertheless, speculators against the riyal know there is a precedent for Riyadh to tinker with the exchange rate.
|
|
But in China the government keeps a tight grip on both its capital account and its exchange rate.
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But in the absence of that, instead of changing your exchange rate, you lower your wages and prices.
|
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There is an old saying about currency markets: "The only certainty is that the exchange rate will fluctuate".
|
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Around 90% of companies offering a reason for increased costs made some reference to the sterling exchange rate.
|
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The central bank's exercise of greater exchange rate flexibility, aided by its de-dollarization initiative, support policy credibility.
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China, for instance, has been able to control its nominal exchange rate from behind its imposing capital walls.
|
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Despite the weak exchange rate, inflation has mostly remained within the central bank's target range of 3-5%.
|
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The latest Shanghai market aims to boost trade payments in both currencies and reduce exchange rate related risks.
|
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The minimum wage declined by 88% from 2012 to 2017 when compared against the black market exchange rate.
|
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Mangudya maintained that the market would determine the exchange rate, after accusations of manipulation by the central bank.
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|
S. dollar exchange rate raises concerns about Russia's economic prospect in the light of Trump's expected energy policy.
|
|
And there is no willingness to forgo the short-run benefits of beggar-thy-neighbor exchange rate depreciation.
|
|
At $4.26, its GDRs were worth 67.10 pounds at an exchange rate of 53 pounds to the dollar.
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"Under present circumstances, an appreciating exchange rate could complicate the adjustment under way in the economy," said Stevens.
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Revenue in the quarter rose 9 percent after stripping out the effect of exchange rate movements, Experian said.
|
|
But Lowe insisted further "moderate" depreciation in the exchange rate would be helpful for Australia's export-heavy economy.
|
|
But investors have continued to move out of the currency since and the exchange rate has slid further.
|
|
Customers can then use Revolut's MasterCard to spend these funds abroad at the so-called interbank exchange rate.
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Renminbi exchange rate reform will be a "market-driven" process based on the needs Chinese companies and households.
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China's central bank allows the currency exchange rate to rise or fall 2 percent from the midpoint rate.
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Sales were up 5 percent adjusted for exchange rate changes, driven by a 10 percent gain in Europe.
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Meirelles also told reporters that authorities saw no reason for intervention in a free-floating exchange rate regime.
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|
He also confirmed that he did not want to over-emphasize the role of the euro's exchange rate.
|
|
The bank would continue to intervene "if we think the exchange rate will depress the economy", she added.
|
|
Capital Economics, a research group, says its emerging-market exchange-rate index is at its highest since November.
|
|
"Together, these factors may as yet have offset the downward pressure from the exchange rate," the ECB said.
|
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It says a country must choose between free capital mobility, exchange-rate management and an independent monetary policy.
|
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As imports make up a greater proportion of overall sales, inflation is more affected by exchange-rate movements.
|
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It states that the sum's exchange rate must only be determined by market factors, but provides no figures.
|
|
So the primary goal of Beijing's exchange rate policy is not to boost exports, as U.S. critics believe.
|
|
He welcomed this approach "in general" and did not recommend major intervention to direct the yen exchange rate.
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Remember that the China exchange rate shock of August 2015 came after a period of domestic economic weakness.
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"For 2019, our goals will always be for the stability of the Lebanese pound exchange rate," Salameh said.
|
|
Despite the stability in the trade-weighted exchange rate, there continue to be large capital outflows from China.
|
|
Critics say decade-old currency controls and excessive money printing contribute to inflation and a weakening exchange rate.
|
|
The independence and credibility of the country's central bank suffered, weighting down the exchange rate of Turkish Lira.
|
|
The jump is largely due to exchange rate pressures caused by a shortage of dollars in the economy.
|
|
Lee declined to comment on the exchange rate, only saying that Taiwan's exporters should hedge their forex positions.
|
|
The country can very well still experience a full-blown sterling crisis even with a floating exchange rate.
|
|
The board members agreed that the exchange rate commitment had proved effective as an extraordinary monetary policy instrument.
|
|
The koruna exchange rate would thus now move according to supply and demand on the foreign exchange market.
|
|
A US investor, however, would be exchanging dollars for euros at the latest exchange rate to buy bunds.
|
|
These risks are much more complex than interest rate or exchange rate risk exposure in a financial portfolio.
|
|
More generally, if you've ever visited another country and benefited from a favorable exchange rate, you've practiced arbitrage.
|
|
The depreciating exchange rate has led to a deterioration in the asset quality of the Ghanaian banking sector.
|
|
"For 2019, our goals will always be for the stability of the Lebanese pound exchange rate," he said.
|
|
Unfavorable foreign exchange rate movements will likely continue to hamper reported top-line growth in the near term.
|
|
But the document does not mention sales of foreign currency or provide any timeline and exchange rate guidance.
|
|
But it had already posted the longest such losing streak since the exchange rate was unified in 1994.
|
|
In perspective: The black market exchange rate currently sits at 230,941 bolivars to one U.S. dollar, per DolarToday.
|
|
Others said how volatile the currency had become was more of an issue than the actual exchange rate.
|
|
"But no country, including the United States, will disagree strongly that exchange-rate stability is important," he said.
|
|
The Swiss National Bank maintained its ultra loose monetary policy on Thursday, citing the "fragile" exchange rate situation.
|
|
The West welcomed Chinese efforts to reflate the global economy, even if its exchange rate policy still rankled.
|
|
That figure stood at $22016 billion for the 233 event, according to the exchange rate at the time.
|
|
And there are further complications once, for example, you take into account possible effects on the exchange rate.
|
|
More than 85% of South African government debt is in rand, helping shield it from exchange-rate shocks.
|
|
This drove up inflation, making basic goods unaffordable, so he instituted price controls and fixed the exchange rate.
|
|
An earlier version of this article cited incorrectly the exchange rate between Turkish lira and the U.S. dollar.
|
|
"To achieve normal sales we will need a stable exchange rate and rules for trade," CIARA-CEC said.
|
|
"The exchange rate shock has made it more difficult for policy to follow the natural rate," he said.
|
|
On days in which this suspicious activity occurred, the USD-BTC exchange rate rose by $20 on average.
|
|
Besides the free market exchange rate, Iran uses an official rate, now at 32,317, for some state transactions.
|
|
Besides the free market exchange rate, Iran uses an official rate, now at 32,375, for some state transactions.
|
|
They have viewed the resulting jump in inflation as transitory, but further exchange rate weakness could change that.
|
|
"Personally, I would not be happy if the exchange rate is stable but factories are halted," he said.
|
|
"The current level in real exchange rate is competitive when we look at import export levels," he said.
|
|
The bank operates a multiple exchange rate regime that it has used to manage pressure on the naira.
|
|
The main advantage is that Bunq uses the standard Mastercard exchange rate but doesn't add any markup fee.
|
|
And the two countries would reportedly accept an exchange rate of seven Chinese yuan to one U.S. dollar.
|
|
That external sector has a direct bearing on growth and employment, public debt and the dollar's exchange rate.
|
|
I'm sure with the exchange rate I just gave them two days worth of pay at the minimum.
|
|
Cash is king and you won't get told a wrong exchange rate if you just carry local currency!
|
|
Kganyago said the weaker exchange rate and the impact of higher oil prices were key risks to inflation.
|
|
Half are worried about the exchange rate of the dollar, foreign exchange controls and property bubbles in China.
|
|
S. DOLLAR EXCHANGE RATE WOULD IMPACT DCF BY ABOUT $1 MILLION Source text for Eikon: Further company coverage:
|
|
The transfer fee costs me ¥1,500 ($13.76) and I cry a little inside at the dismal exchange rate.
|
|
Nevertheless, dollarisation of deposits and loans is high at around 65%, exposing the system to exchange rate depreciation.
|
|
Estimates for the year-end exchange rate rarely tighten so sharply before the final months of the year.
|
|
Euro zone powerhouse Germany has proved it can withstand - even thrive with - an exchange rate of virtually anything.
|
|
We have to wait to see the impact of reforms on inflation, the exchange rate and inflation expectations.
|
|
"The desirability of exchange-rate stability is widely shared by the Japanese industry," he said at a seminar.
|
|
Governor Yi Gang said last Friday no "numerical number" for the exchange rate was more important than another.
|
|
"I'll give you five reasons for a rate cut," the source said before repeating "exchange rate" five times.
|
|
Cameron had a front-row view of a currency crisis as a 25-year-old Treasury adviser in 1992, when then Prime Minister John Major was forced to pull sterling out of the European Exchange Rate Mechanism (ERM), a system intended to reduce exchange rate fluctuations ahead of monetary union.
|
|
"The Central Bank of Egypt has decided to follow a more flexible policy with regard to the exchange rate, aiming to resolve distortions in the exchange rate system and restore the circulation of foreign currency inside the banking system in an orderly way," the bank said in an extensive statement.
|
|
As well as no fees for transfers, Circle touts having "the best exchange rate available to consumers" — saying its exchange rate is "typically" around 0.2 percent to 0.3 percent above the market rate versus 3-4 percent "typically" charged by banks (or the 1-2 percent typically charged by startups).
|
|
On the converse, there could be movements on the exchange rate which would push up on inflation through normal exchange rate capacity and the Bank would have to take an assessment of those forces and their likely persistence in terms of managing monetary policy to the achieve the inflation target.
|
|
In last year's annual health-check, the IMF said Germany's real effective exchange rate was undervalued by 20.4-22010%.
|
|
The expected gradual liberalisation of the exchange rate would also support the country's ability to adjust to external shocks.
|
|
Oreshkin said the rouble's current exchange rate corresponds to the balance of payments and the oil price, RIA reported.
|
|
Remittance companies earn extra by keeping the margin between their own made up exchange rate and the real one.
|
|
But if customers simply Google it, they'd find out the real exchange rate is $1 USD = 18.17 Mexican pesos.
|
|
And creating jobs in the United States is too tall a task for exchange rate manipulation alone to achieve.
|
|
President Muhammadu Buhari has thus far rejected calls by the International Monetary Fund for a more flexible exchange rate.
|
|
The BoE doesn't specifically target the exchange rate, and policymakers do their best to avoid commenting on it publicly.
|
|
That's $241 based on today's exchange rate—not a ton of money, but it could go a long way.
|
|
Tsinghua University professor Zhu Ning also said earlier that Beijing should let the market determine the yuan's exchange rate.
|
|
The appreciating exchange rate and widening trade deficit are both symptoms of an economic expansion that is very mature.
|
|
Asked about Brazil's currency, Lorenzoni said Bolsonaro would offer businesses more predictability, but ruled out an exchange rate target.
|
|
Several of the same chatroom names were identified in an investigation into foreign exchange rate rigging by U.S. regulators.
|
|
Soaring oil prices place upward pressure on the exchange rate, leaving other, non-oil industries at a competitive disadvantage.
|
|
"With downside risks and uncertainty persisting, the stability of financial and exchange rate markets is especially important," Aso said.
|
|
Those moves would help strengthen the euro exchange rate, which the IMF sees as slightly undervalued, the document said.
|
|
The terms were strictly "liberal"; reduce lending rates, float exchange rate, price liberalization, raise utility rates, eliminate tariffs, etc.
|
|
But like the gold standard, the system depended on governments' willingness to subordinate domestic priorities to the exchange rate.
|
|
Lew said the U.S.-China bilateral relationship has "come a long way on exchange rate issues" in recent years.
|
|
PBOC Governor Yi Gang said last Friday no "numerical number" for the exchange rate was more important than another.
|
|
It noted however that its competitor faces challenges from regulatory and taxation changes as well as exchange rate fluctuations.
|
|
The RBNZ repeated that a decline in the exchange rate was needed as it was higher than is sustainable.
|
|
The median salaries are listed in Canadian dollars, and the current exchange rate is $1 U.S. to $1.34 Canadian.
|
|
Have your tyre replaced in Caracas, and the mechanic will check the DolarToday exchange rate before presenting the bill.
|
|
Sending remittances abroad will cost 99 pence, plus an "exchange rate adjustment charge" of up to 2.5 per cent.
|
|
An unfavorable exchange rate coupled with cost overruns doubled the DeLorean price tag, which was supposed to be $12,000.
|
|
But a cheaper exchange rate can be a godsend for an oil exporter when the price of crude drops.
|
|
The prices are for landed cargoes, including shipping, and based on the ministry's official exchange rate for the month.
|
|
PESO CURRENCY Fernandez said he wants a competitive exchange rate in order to allow Argentina "to produce and export".
|
|
The nation of 100 million people has a managed exchange rate and it is frequently plagued by dollar shortages.
|
|
"That depends on the balance of demand, supply and the exchange rate... We could see either scenario," Carney said.
|
|
But at the very least, you hope the "carry" (extra yield) will make up for any exchange-rate losses.
|
|
Dollar inflows to Mexico from U.S. trade have also supported the exchange rate, with a growing surplus, he added.
|
|
The second stage of a turnaround sees the realisation that orthodox exchange-rate, monetary and fiscal policies are required.
|
|
An insane multiple exchange rate keeps unproductive state firms alive (by giving them almost-free money) while robbing exporters.
|
|
"But any foreign exchange rate mechanism without a free float cannot fundamentally reach a market clearing (price)," he wrote.
|
|
That has left it without enough dollars to pay down debts to pharmaceuticals companies at the preferential exchange rate.
|
|
Venezuela's yuan-based prices appear to be the result of multiplying dollar prices by the dollar/yuan exchange rate .
|
|
That is up from the previous week's price of 300.91 yuan, or $46.15 based on the corresponding exchange rate.
|
|
Margins contracted at Femsa's pharmacies and Coca-Cola bottling division, the company said, largely because of exchange-rate losses.
|
|
When one of the major central banks raises interest rates, it has an impact on their currency's exchange rate.
|
|
The debt burden is vulnerable to exchange rate depreciation as 46% of government debt is denominated in foreign currency.
|
|
Brokerage firm Ambit said lower revenue growth and adverse exchange rate movements would likely hurt the profitability of TCS.
|
|
If the exchange rate had held constant, overall producer prices would have increased 1 percent, the statistics agency said.
|
|
Treasury said it expected China to adhere to those commitments and not target China's exchange rate for competitive purposes.
|
|
Last year the government started allowing the yuan exchange rate to be "fixed" by taking into account market forces.
|
|
The European Monetary System (EMS) introduced the European currency unit (ECU) as well as the exchange rate mechanism (ERM).
|
|
He told the European Parliament the euro's exchange rate and its effects would be closely monitored by the ECB.
|
|
NIRPs essentially use the same three monetary-transmission channels as QE: the exchange rate, asset prices and bank lending.
|
|
The contract foresaw a revision of the deal's value, considering the fluctuation of the exchange rate and oil prices.
|
|
Third-quarter sales online and at stores open at least a year rose 7 percent, excluding exchange rate fluctuations.
|
|
Meanwhile, the startup has raised around $117 million in total (which is roughly £91 million at today's exchange rate).
|
|
Does the recent stabilisation, to some degree, of the exchange rate suggest that we are now some distance through?
|
|
With the exchange rate now around 3.6, there is a long way to go before it begins to hurt.
|
|
Discrepancies between countries are an indication of exchange rate imbalances that over the long-term will be evened out.
|
|
Most members have experienced an effective currency appreciation, some such as Slovakia a virtual doubling of their exchange rate.
|
|
Credit Agricole said the "disposal of non-strategic entities, exchange rate variations and regulatory contributions weighed on the results".
|
|
The regulator said the change would help maintain onshore liquidity of foreign currency and help reduce exchange rate risk.
|
|
Zhou said yuan exchange rate policy should serve China's "overall development strategy," including its transition to a market economy.
|
|
But there are deeper motives here than anxiety about the exchange rate or banks in London decamping to Frankfurt.
|
|
Based solely on exchange rate differentials, these markets might have been expected to rise as much as they have.
|
|
By separating Stream+ from any kind of real-world exchange rate, however, Amazon and Twitch should avoid this problem.
|
|
One way to supply more money locally despite a dearth of dollars is to let the exchange rate drop.
|
|
Foreign debt "is typically relatively expensive, particularly given the current macroeconomic and foreign currency exchange rate environment," it said.
|
|
The central bank has adopted a fixed exchange rate in an attempt to prevent further depletion of its reserves.
|
|
This panic would adversely affect economic indicators (exchange rate, inflation) followed by voters in the run up to Oct.
|
|
Retail loans net of exchange rate movements grew by RUB161 billion (3371495%) more or less evenly among the banks.
|
|
Moves in the exchange rate are significant not only for currency traders, but also for equity and bond markets.
|
|
The PBOC iterated that it will keep the yuan exchange rate basically stable at a reasonable and balanced level.
|
|
WASHINGTON (Reuters) - China needs to give more clarity on its exchange rate policy, an IMF spokesman said on Thursday.
|
|
The resulting dollar scarcity pushes up the dollar exchange rate, making other imports cheaper and U.S. exports more expensive.
|
|
"The exchange rate if we have a negotiated outcome or a hard Brexit would be quite different," he said.
|
|
LCD prices were tumbling fast, and the yen's exchange rate had shot up, making exporting from Japan crushingly expensive.
|
|
In a written reply to Reuters questions, the bank said it was sticking to its floating foreign exchange rate.
|
|
International Monetary Fund on Wednesday urged the country's central bank to rebuild foreign reserves while maintaining exchange rate flexibility.
|
|
"The pricing of the yuan exchange rate remains affected by the central bank's intervention in the market," he said.
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This is the amount of new ether created by mining each day, multiplied by the USD-ethereum exchange rate.
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You know, I might say a little bit about the Qatar Riyals and its exchange rate against the dollars.
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"The favorable exchange rate between the dollar and the pound make the city an affordable vacation choice," she said.
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Doing that without an eye toward exchange rate manipulation is critical in a globalized economy with free-floating currencies.
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"Switzerland was always very expensive, but two years ago the exchange rate jumped," said the television commentator Michael Pfeffer.
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One-month implied volatility on the dollar/real exchange rate rose to 19.7%, the highest since October, 2018 BRL1MO=.
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Kennedy said the forecast takes into account the impacts on tourism, international education exports and some exchange-rate effects.
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The trouble is that the exchange rate partly determines the local economic conditions to which central banks must respond.
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The 2017 and 2018 forecasts were made on the basis of an exchange rate of 1.175 euros per pound.
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Export volumes have been resilient to a 3% appreciation of the real effective exchange rate this year, rising 5%.
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The worst of the drops occurred in 220, after the country's central bank introduced a free floating exchange rate.
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When this drove up inflation, making basic goods unaffordable, he instituted price controls and fixed the currency exchange rate.
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They said this movement, based on a technical analysis, could take the exchange rate to as low as 1.6633.
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Now, Lira exchange rate plummeted, concerns about the debt risk of major European banks in Turkey have warmed up.
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Non-oil exports have not yet benefited from exchange rate depreciation given economic weakness in the main trading partners.
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"Textbooks say that when your exchange rate depreciates, your exports will increase and improve your trade balance," Kuroda said.
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Second-quarter sales online and at stores open at least a year rose 5 percent, excluding exchange rate fluctuations.
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Venezuela's yuan-based prices appear to be the result of multiplying dollar prices by the dollar/yuan exchange rate.
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Washington has accused Germany, Japan and China of exploiting exchange rate weakness for competitive advantage over the United States.
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Pricing for the iPhone X starts at 7,499 Turkish lira, which at the current exchange rate is around $1,143.
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Authorities have recently been fixing the official exchange rate at steadily weaker levels, pushing it to five-year lows.
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Exchange rate curbs Tucked in the agreement is a foreign-exchange provision to deter countries from manipulating their currencies.
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The report said the Fund recommends "removing multiple currency practices and unifying the exchange rate as quickly as possible".
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In short, a VAT isn't a protectionist policy; it shouldn't even lead to a change in the exchange rate.
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The end goal, he said, is a single floating exchange rate in the future tied to the digital currency.
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Such comparisons make particular sense in Venezuela as the decision about which exchange rate to use can be complicated.
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Li Daokui, a professor of economics at Tsinghua University and a former PBOC advisor, told CNBC's "Squawk Box" that the central bank is balancing two goals: One is to let the exchange rate float with the market without over-intervening and the other is to stabilize the exchange rate and market expectations.
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"Our recommendation is, and we will have discussions about it ..., that they should look at the exchange rate and try to make the exchange rate more realistic to what the value of the naira is to the dollar," U.S. Assistant Secretary of State for Africa Linda Thomas-Greenfield told an audience in Washington.
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The share of the pound/dollar exchange rate declined to 2500 percent in October 265 from 264 percent earlier while the euro/pound exchange rate, the most susceptible to Brexit-related headlines, has seen its share decline to 260 percent, according to BOE data which is based on FX trading in London.
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The share of the pound/dollar exchange rate declined to 12.4 percent in October 2018 from 12.9 percent earlier while the euro/pound exchange rate, the most susceptible to Brexit-related headlines, has seen its share decline to 265 percent, according to BOE data which is based on FX trading in London.
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If you look at our real effective exchange rate and interest rates, 150 rupees was simply not on the cards.
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The possibility of Le Pen winning in France has prompted sharp swings in the euro's exchange rate and bond yields.
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"Of the companies citing a cause of higher costs, 75 percent linked the increase to the exchange rate, " Dobson said.
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Blockchain technology gives Venezuelans a way to exchange and store value, free of transaction fees and government exchange-rate manipulation.
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Exchange rate movements have suppressed inflation despite the booming economy but at the cost of declining international competitiveness despite tariffs.
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Oreshkin also said the new U.S. sanctions would have no significant influence on the rouble exchange rate, the agency reported.
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It is aimed at alleviating pressure on the Sudanese pound and achieving stability in its exchange rate, the ministry said.
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In the post, he added that he lost just over 1 bitcoin, or around $5,000 at the current exchange rate.
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Orr said dropping the official cash rate to 1% helps the export sector more, due to a lower exchange rate.
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China is one example, but more places may follow in 2019 once the risk of excessive exchange rate swings dissipates.
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Under the ERM2 Exchange Rate Mechanism, the crown must stay within 2.25 percent of a rate of 7.46038 per euro.
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During his presentation, the central bank chief said an exchange rate of 153 per dollar would be "out of scale".
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Then, when the hot money flows out and the exchange rate collapses, those borrowers will struggle to repay their debts.
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Policymakers have said they are relaxed about inflation, noting little 'pass through' to consumer prices from the weak exchange rate.
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"Lackluster global growth, low commodity prices and an unfavorable exchange rate continue to weigh on U.S. companies, especially larger companies."
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" He added that it was important that "the exchange rate policy is meeting the higher requirement of the market economy.
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If China's exchange rate were to weaken sufficiently, the increase in sales to foreigners could help offset weak domestic demand.
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The exchange rate slid towards 7 yuan per dollar, a level it has not breached in more than a decade.
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I am convinced that this rating (downgrade), if it takes place, has already been factored into the zloty exchange rate.
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At an exchange rate of over 90 pence (to the euro), Irish businesses are well past the point of pain.
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Our manufacturers can easily take these tariffs in their stride, given our highly competitive exchange rate and pro-business policies.
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The cost: 913,645 bolívars, or $261 under the official exchange rate at the time (that's about 31 cents per car).
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"I'll give you five reasons for a rate cut," one of the sources said, before repeating "exchange rate" five times.
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For the first quarter, general operating expenses fell 5 percent from the prior-year period, excluding foreign exchange rate changes.
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Inflation has averaged 30% yoy in January-May, driven up by the weaker exchange rate, VAT and higher fuel prices.
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Right now, there isn't even an exchange rate in place defining how many Whoppercoins one real-life Whopper will cost.
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By selling Treasurys, meanwhile, China can use the proceeds to buy yuan and support the exchange rate in the market.
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An exchange-rate peg would change inflation expectations more slowly, but would be more suitable for the economy over time.
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Investors have been monitoring the dollar/yuan exchange rate closely following an escalation in trade tensions between Beijing and Washington.
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Since convertibility meant forgoing exchange-rate flexibility and an independent monetary policy, fiscal discipline was all-important for its success.
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A big decline in the exchange rate, which is likely, would push up the sterling value of those foreign earnings.
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Other companies have continued to operate in Venezuela, marking down exchange rate losses and production issues as they come up.
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They're Canadian dollars and I don't know what the exchange rate is like, but I definitely owe him 40 dollars.
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Speaking about the zloty, Glapinski said he was fine with the current exchange rate, adding that it facilitated economic growth.
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In effect, this meant that the forward rate in the currency market was the best predictor of exchange-rate movements.
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Wheeler underscored that the high exchange rate was making it difficult for the central bank to meet its inflation objective.
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Egypt has promised a more flexible exchange rate to ease the forex shortage and end the black market for dollars.
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To withdraw funds, users will be able to convert their digital currency into legal tender based on an exchange rate.
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Two days later it strengthened it slightly to 8.78 per dollar as it adopted a more flexible exchange rate policy.
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He said however there were "upside risks" to the inflation outlook including the future path of the shilling exchange rate.
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It eases trade with Europe, the region's biggest partner, and frees foreign investors from the risks of exchange-rate fluctuations.
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He argues that the exchange rate is where it should be and that countries such as Ivory Coast are booming.
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I don't think the current exchange rate is salvageable — they should float it and let it find it's true level.
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Because economic fundamentals move only slowly, so if the economic fundamentals move slowly then the exchange rate also moves slowly.
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The exchange rate was fairly stable in 21103, appreciating by 220% against the euro for the year as a whole.
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We do not expect a surge in impairments in the largest banks' SME loan portfolios triggered by exchange-rate movements.
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Wherever there has been lots of borrowing in foreign currency, the exchange rate becomes a financial amplifier, notes Mr Caruana.
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The IMF programme's conditions include commitments to financial-sector reform, a strengthening of central-bank governance and exchange-rate flexibility.
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The crown's exchange rate is a key factor, though, after the bank abandoned a long-held currency cap in April.
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The Icelandic central bank has offset in part the upward pressure on the exchange rate by accumulating foreign exchange reserves.
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The figures come as British companies face rising inflation, exchange rate fluctuations and uncertainty, all exacerbated by protracted Brexit negotiations.
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The Korean won-US dollar exchange rate has risen significantly, in line with the global strengthening of the US dollar.
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China's policy makers are likely to continue their gradual process of liberalizing the currency toward a market-determined exchange rate.
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"Of the companies citing a cause of higher costs, 75 percent linked the increase to the exchange rate," Dobson said.
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It shares the UAE monetary and exchange rate system of a credible US dollar peg and absence of exchange controls.
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The central bank maintains its official exchange rate of 6.7 and says it has no intention to float the pound.
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The exchange rate for the country's currency -- the naira -- has also fluctuated significantly this year, pressured by collapsing oil prices.
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Taken together, the revamped exchange-rate system has started to earn credibility in the eyes of some analysts and traders.
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Most GCC (Gulf Cooperation Council) central banks follow the Fed's monetary policy lead in order to maintain exchange rate stability.
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Our exchange rate is more volatile than are those of other economies of our region, because our economy is bigger.
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The central bank said it would pursue a flexible foreign exchange rate "in accordance with domestic and international market conditions".
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It seems odd, in contrast, to reprice what happened last year at an exchange rate that arose only last week.
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"We will review that policy and ensure we achieve convergence as far as exchange rate policy is concerned," he said.
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"Cable (the dollar exchange rate) is definitely pulling back a little bit," said Alvin Tan, currency strategist at Societe Generale.
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Thanks to the fall in the euro's exchange rate and Bund yields, German financial conditions ease by around 15 bps.
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Nigeria has pegged the naira to the dollar for decades, adjusting the exchange rate according to international supply and demand.
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The average cost of a Big Mac in the euro area is €3.95, or $4.84 at the current exchange rate.
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It gained a following with a service that lets users spend abroad at the real exchange rate, no fees attached.
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"When Brexit happened we were fully hedged for the first quarter with the stronger pre-Brexit exchange rate," Farley said.
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PayPal will also give you information on the currency exchange rate for any country you want to send money to.
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The central bank imposed a flexible exchange rate for Ukraine's currency, the hryvnia, and embraced a more stable monetary policy.
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The country's weakest exchange rate, known as SIMADI, is thought to be the one which the government said would float.
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"The US Fed rates have become an anchor since Beijing made the yuan exchange rate a higher priority," Peng said.
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Hence, the first pillar: renewed focus on debt reduction, fiscal policy to raise domestic revenues, and greater exchange rate flexibility.
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The RBA said that an appreciating exchange rate would complicate the country's economic adjustment to lower levels of mining investment.
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