In the face of rising inflationary pressure in Hong Kong‚ some people have suggested that the Linked Exchange Rate system is the root cause of the situation and that the Hong Kong dollar should no longer be linked to the US dollar. The Financial Secretary already stated in his blog on 14 August that the Link continues to be the most appropriate exchange rate arrangement for Hong Kong. I will elaborate further on a few related issues. Many people who advocate un-pegging the Hong Kong dollar from
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Exchange Rate Determinants in Mogadishu in 2011 Ibrahim Mohamed Ibrahim SIMAD University ibrahimkhaliil@yahoo.com Abstract The purpose of this study was to examine the determinants of the exchange rate this study was set to analyze the Exchange Rate determinates in Somalia in due to 2011. There are two factors that are assumed to have strong relations with exchange. Descriptive and regression analysis was used to draw up the satisfactory conclusion. SOS-1 and SOS-2 were determinants
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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 to lower exchange rate to increase employment‚
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2 Scope and Limitation: The Bengali version of the import policy is available to read out summaries their by. But the English version of the policy still not circulated for the general public or the web page of the Bangladesh Government. The Thai trade in their webpage publishes an English version of the import policy that really helps in prepare the report. 1.3 Literature Review: This report has been based on “Import Policy Order 2009-2012” and some informal discussions with the professional and
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4.5. | INTRODUCTIONFOREIGN EXCHANGE RISKS-TYPES OF FOREIGN EXCHANGE EXPOSURE1. Transaction exposure2. Translation exposure3. Real operating exposureMANAGING FOREIGN EXCHANGE RISKS1.Managing transaction exposure2.Managing translation exposure3. Managing real operating exposureCONCLUSION | FOREIGN EXCHANGE RISKS -MEANING AND TYPES INTRODUCTION Foreign exchange risk refers to the risk of an investment’s value changing due to changes in currency exchange rates. It is the risk that an investor
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MONTHLY RELEASE Foreign Trade Statistics Bangladesh Bureau of Statistics January.2012 Compilation and dissemination of Foreign Trade Statistics (FTS) is one of the core activities of Bangladesh Bureau of Statistics (BBS). Considering the importance of FTS‚ BBS has been compiling and publishing it on an annual basis since 1973-74. Since February 2007‚ BBS has been publishing Monthly Release on FTS to satisfy the users’ need. It is an outcome of the BBS efforts towards the improvement of FTS. This
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from the National Bureau of Economic Research Volume Title: China ’s Growing Role in World Trade Volume Author/Editor: Robert C. Feenstra and Shang-Jin Wei‚ editors Volume Publisher: University of Chicago Press Volume ISBN: 0-226-23971-3 Volume URL: http://www.nber.org/books/feen07-1 Conference Date: August 3-4‚ 2007 Publication Date: March 2010 Chapter Title: China ’s Current Account and Exchange Rate Chapter Author: Yin-Wong Cheung‚ Menzie D. Chinn‚ Eiji Fujii Chapter URL: http://www.nber
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relative purchasing power parity. B) interest rate parity. C) the law of one price. D) equilibrium. Answer: C Topic: The Law of One Price Skill: Recognition 2) ________ states that the spot exchange rate is determined by the relative prices of similar baskets of goods. A) Absolute purchasing power parity B) Relative purchasing power parity C) Interest rate parity D) The Fisher Effect Answer:
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CONTENTS INTRODUCTION 1 METHODOLOGY 2 1. Nominal exchange rate (NER) 2 2. Real exchange rate (RER) 2 3. Nominal effective exchange rate (NEER) 2 4. Real effective exchange rate (REER) 3 DATA COLLECTION AND CALCULATION 4 ANALYSIS 6 1. The divergence between the NER and RER index (2001-2011) 6 2. The relationship between NEER‚ REER and trade competitiveness of the Philippines (2001 – 2011) 10 CONCLUSION 14 REFERENCE 15 INTRODUCTION The Phillippines is
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account position for the same period and you can see why there is concern over the issue. US politicians point to the rapidly accumulating foreign reserves held by China‚ now amounting to over $850 million‚ as evidence of currency manipulation. (The Times‚ 28Mar06). They make the case that maintaining the artificially low position of the RMB through foreign reserve accumulation deteriorates the US current account balance with China because it reduces the competitiveness of US industries with respect
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