4a The currency regime adopted by China is neither fixed nor flexible exchange rate system. China has announced in 2005 the “end of its firm peg against the dollar‚ instead allowing it to trade within a narrow band against a basket of currencies.” China regime is managed floating system where the currency increases very slowly year by year and the China government prevent the currency from changing quickly in the short term. The reason why Chinese government intervene in the currency market is
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How To Manage Our Money Wisely Community nowadays judges people by their wealth. They said that money is very important asset and those who have money will be well respect by others. Some people even said ‘no money no talk’. But nowadays‚ we always heard about the post graduate has declared bankrupt because they don’t pay back their study loan. So to prevent this matter from being spread‚ we should know how to manage our money wisely. There are several ways to manage our money wisely. Firstly
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its report is a significant aspect in the direction of accomplishing the goal. It is a systematic process for gathering‚ recording and analyzing of data about the topic that a student goes to learn on the program. The aim of this internship report is to connect practical knowledge with theoretical aspects. Being a student of BBA with major in Finance. I have completed my internship from Shahjalal Islami Bank Limited‚ Gulshan Branch‚ Dhaka. During my internship period‚ I have tried my best to
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Foreign Currency Management Exchange Rate This is the rate at which the currency of one country would change hands with currency of another country. E.g. $1 = SLR 130 Types of Exchange Rate 1. Floating Rate This rate depends on a levels of the international trade of a country and it does not interfere with the government of that country. 2. Fixed Rate This is the rate that the government of the country would set its own currency rate and it is not depending on the market rate. 3. Dirty
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Intelligence Journal August Impact Assessment Of Corporate Culture On Employee Job Performance Olu Ojo Abstract This research study assesses empirically the impact of corporate culture on employee job performance as well as organisational productivity using Nigerian banking industry as the case study. We try to ascertain if organizational culture affects employee job performance‚ and to formulate recommendations regarding corporate culture and employee job performance. In order to achieve the
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Special and Exciting Places to Visit I have been in the United States for over twelve years now and been able to travel throughout many different State of this Union. Not saying that I didn’t have fun visiting other cities in this country but these three cities are worth seeing many times over. Whether you visit them with friends‚ family or alone these three cities have so much to offer everyone and you’ll always find something exciting to see or do. The three most exciting cities that I found
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CURRENCY DEPRECIATION AND ITS IMPACTS Devaluation means decreasing the value of nation’s currency relative to gold or the currencies of other nations. Devaluation occurs in terms of all other currencies‚ but it is best illustrated in the case of only one other currency. Devaluation and Depreciation are sometimes used interchangeably‚ but they always refer to values in terms of other currencies and the value of currency is determined by the interplay of money supply and money demand. In common modern
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The Foreign Exchange Management Act (1999) or in short FEMA has been introduced as a replacement for earlier Foreign Exchange Regulation Act (FERA). FEMA became an act on the 1st day of June‚ 2000. FEMA was introduced because the FERA didn’t fit in with post-liberalisation policies. A significant change that the FEMA brought with it‚ was that it made all offenses regarding foreign exchange civil offenses‚ as opposed to criminal offenses as dictated by FERA. The main objective behind the Foreign
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| Foreign Exchange Market | Its Functions And Structure | | | | The term market has been interpreted in Economics as the place where both the buyers as well as the sellers meet and they buy and or sell goods. The foreign exchange market is a place where the transactions in foreign exchange are conducted. In practical world the external transaction requires the use of foreign purchasing power i.e. foreign currency. The foreign exchange market facilitates such transactions by
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ADHD and it Effects on Academic Performance chapman college ADHD and How it Impacts Academic Performance ADHD is probably one of the most common disorders diagnosed in children. ADHD is short for Attention Deficit Hyperactivity Disorder. It is a disorder that is characterized by the inability to sustain attention‚ impulsivity and hyperactivity. In some individuals ADHD can stay with them throughout adulthood. Since inattentiveness is a main symptom of
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