Exchange Rate Notes Class Notes Exchange rate can be expressed in two ways‚ for example: £1 = 1.52 CHF 1 CHF = £0.66 Foreign Exchange (Forex) Market Many currencies float freely on the free market. However‚ this is a relatively new phenomenon. After the war‚ major currencies were pegged to each other under the Bretton woods agreement. They were backed up by gold reserves to keep them at this level. Prior to the war they were often pegged to the price of Gold. Prior to the Euro (1990s)
Premium International trade Bretton Woods system Inflation
Formative Assignment Including PSAfor class IX PHYSICS 1. Motion is relative or absolute? Give reason. 2. Name the physical quantity that essentially changes as a body moves. 3. Is displacement or distance independent of path? How? 4. Give example of a motion in which distance is covered but there is no displacement. 5. Give one example of motion where‚ distance and displacement are same. 6. When moving car returns to the same point what will be the ratio of
Premium Heart rate Velocity Acceleration
An overview of Pakistan’s Economy. A bloody struggle of Muslims of south Asia under the leadership of Quaid e Azam Muhammad Ali Jinnah‚ culminated Pakistan on 14th August 1947. She started her journey as a country without many resources‚ no machinery‚ no industry‚ not much educated middle class‚ a huge problem of refugees and a neighbor always waiting for the kill. In 63 years Pakistan has come a long way‚ she is now 27th biggest economy of the world and the only nuclear power in the Muslim world
Premium Economy United States public debt Monetary policy
farmers as majority of Indian population still are depended on agriculture. SBI has a very aggressive marketing through print and television media. SBI has unbeatable features of Fixed Deposit‚ SME‚ tailored in accordance with the need and better rate of interest. Recent Survey indicates the
Premium Bank Financial services Interest rate
Question 1: Briefly explain role of the following Financial Institutions in the economic development of Kenya: a) Kenya Industrial Estates: Kenya Industrial Estates (KIE) Limited was established in 1967 as a subsidiary of Industrial and Commercial Development Corporation (ICDC) with a major role of promoting indigenous entrepreneurship by financing and developing small scale and micro enterprises. KIE Limited was established to facilitate development and incubation of micro‚ small and medium enterprises
Premium Inflation Monetary policy Central bank
be recalled that in its statement on monetary policy of January 15‚ 2015 the Reserve Bank reduced the policy repo rate by 25 basis points and indicated that ““Key to further easing are data that confirm continuing disinflationary pressures. Also critical would be sustained high quality fiscal consolidation…”.While maintaining the interest rate stance in its sixth bimonthly monetary policy statement of February 3 in the absence of new developments on
Premium Inflation Monetary policy Central bank
Changing the Rate of Reaction PART 1: PARTICLE SIZE Question: How does changing the particle size of marble (CaCO3) affect the rate of reaction when it is added to hydrochloric acid (HCl)? Hypothesis: If I change the particle size of marble to test how to change the rate of a chemical reaction‚ than the chemical reaction with the smallest marble particles will produce CO2 the quickest because the larger the surface area‚ the more place the hydrochloric acid will have to collide with the marble
Premium Hydrochloric acid Chemical reaction Chemistry
The central Bank and the Banking System in Morocco : The financial crisis El Ammari Mehdi Eco2302 Dr S. Koubida The financial crisis that the world is encountering now is describes as the worst of all times. It has affected almost every country in the world; creating recessions‚ increasing unemployment and the government’s deficits. However‚ Morocco in considered as one of the few exceptions. Unlike the other world’s power‚ Morocco has known an economic growth of 2% since the beginning of
Premium Bank Interest rate Central bank
The Environmental Lapse Rate Exercise A (Total = 12 marks) The heights of the temperature °c measurements are given in meters (m) Convert each of these to the appropriate height in Hectopascals (hPa): Height (m) Temperature°c Hectopacals (hPa) 0 22 1000 1500 18 850 3000 13 700 4000 7 600 5000 -15 500 6000 -22 400 7000 -36 300 8000 -41 200 8500 -49 150 9000 -58 100 a) Plot a simple graph to display these data (3 marks): see attached b) what does the graph tell you about
Premium Dew point Atmospheric thermodynamics Water vapor
Agustin Carstens Agustin Guillermo Carstens Carstens was born in Mexico City‚ on June 9‚ 1958. He received his B.A. in economics from the Instituto Tecnológico Autónomo de México in 1982. One year later he received the 1983 Tlacaelel National Prize in Economic Consulting from Consultores Internacionales‚ S.C.. That same year he obtain his M.A. and later in 1985‚ his Ph.D. in economics‚ both from the University of Chicago. He also won the 1985 National Research Prize in Economics from Banco Nacional
Premium Mexico Monetary policy Central bank