Central Banking (FIN10908) Hong Kong Linked Exchange Rate System Hong Kong Linked Exchange Rate System Introduction Hong Kong’s Linked Exchange Rate system is a currency board system‚ which requires both the stock and flow of the monetary base to be fully backed by foreign reserves. It is the exchange rate system implemented in Hong Kong to stabilize the exchange rate between the Hong Kong dollar (HKD) and the United States dollar (USD). This means that any change in the monetary base is fully
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Not many people know that Gorillas are endangered creatures. Both of the species of Gorillas are classified as endangered. Poaching is a huge threat to the Gorillas‚ with it continuing to be one of the main reasons why they are in such trouble. The Gorillas are hunted and poached in many different parts of the world (mainly in Congo‚ Africa)‚ often to sell their body parts as souvenirs. Most people many find it crazy to think of such a thing to hunt such a beautiful and ferocious
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Individual Visit Scheme to Hong Kong Individual Visit Scheme has being launched for ten years in Hong Kong. This scheme helps boost tourism and brings benefits to Hong Kong economy and society. However‚ the reality reveals that it also brings some negative impacts to Hong Kong. This paper examines both the arguments for and against Individual Visit Scheme in Hong Kong. Promoting retail and accommodation development is one of the major positive outcomes of Individual Visit Scheme. The business
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Purpose: To save Fred’s life ! Background information: We have to save Fred from drowning. If we drop him in the water Fred will die. Fred has only 2 lives. We can’t stab Fred with the paperclips because if we do he will also die. We have to try to get the lifesaver which is under the cup in order to save Fred’s life & keep him from drowning. Once we put the lifesaver on Fred he will be safe but we have to be careful when we’re picking up the lifesaver and Fred with paperclips. Hypothesis:
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Voluntary Retirement Scheme (VRS) | | In the present globalised scenario‚ right sizing of the manpower employed in an organisation has become an important management strategy in order to meet the increased competition. The voluntary retirement scheme(VRS) is the most humane technique to provide overall reduction in the existing strength of the employees. It is a technique used by companies for trimming the workforce employed in the industrial unit. It is now a commonly method used to dispense
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accumulation of saturated very long fatty acids as an immune response‚ our body stops moving or responding as a consequence. As stated before this disorder has genetic origins as it is transmitted by parents to the children; that’s why it is called X-linked Adrenoleukodystrophy or X-ALD. It only affects males while females are carriers with the chance of develop a mild form of this disorder. As a neurological condition‚ we could say that
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Awaas Yojana Indira Awaas Yojana is a social welfare programme to provide housing for the rural poor in India. It is one of the major flagship programs of the Rural Development Ministry to construct houses for BPL population in the villages. Under the scheme‚ financial assistance worth Rs. 75‚000/- in plain areas and Rs. 75‚000/- in difficult areas is provided for construction of houses. The houses are allotted in the name of the woman or jointly between husband and wife. The construction of the houses
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functioning under India’s Banking Ombudsman Scheme 2006‚ and the authority was created pursuant to the a decision by the Government of India to enable resolution of complaints of customers of banks relating to certain services rendered by the banks. The Banking Ombudsman Scheme was first introduced in India in 1995‚ and was revised in 2002. The current scheme became operative from 1 January 2006‚ and replaced and superseded the banking Ombudsman Scheme 2002. From 2002 until 2006‚ around 36‚000 complaints
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Assign 2-3 Cash Larceny Scheme Case Joshua Boger BSFR 341-E1WW Professor Sherry Kamradt June 1‚ 2012 The case study involving the bank teller gets nabbed for theft is one that I can see happening quite often especially in a small bank or community bank that does not do the proper back ground checks need. In this case we are looking at cash larceny –vs. - skimming. Cash larceny is the intentional taking away of employer’s cash (currency/checks) without the consent‚ and against the will‚
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The rationale for my scheme of work (see appendix 1) is to meet both the learners’ needs and the curriculum requirements. Edexcel is the awarding body who supply the syllabus which gives the framework for delivery and assessment of the subject matter. The Edexcel ITQ Level 2 Certificate curriculum requirements will be met by learners completing practical work-related tasks. They will learn by completing projects and assignments that are based on realistic workplace situations‚ activities and demands
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