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| Stevens says strong Australian dollar spreads benefits of resources boom The Australian PM puts tax, mobility on forum agenda AUSTRALIA'S productivity challenge lies in adapting to higher exchange rates at enterprise level and ensuring governments don't impede business efficiency, Reserve Bank Governor Glenn Stevens said today. See all stories on this topic » | ||
| Boost productivity to combat high dollar: RBA ABC Online Mr Stevens told the Prime Minister's Economic Forum in Brisbane that the high exchange rate was not necessarily a bad thing, but it did mean that businesses and governments must look at how workplaces can become more efficient. He says Australia should ... See all stories on this topic » | ||
| RBA Says 'Pretty High' Aussie Tests Firms' Adaptibity Bloomberg "While I'm very conscious that a number of sectors are really struggling with the exchange rate where it is, we shouldn't wish too quickly for a low exchange rate." Every time Australians put gasoline in their cars, buy consumer goods or travel ... See all stories on this topic » | ||
| High dollar good for consumers: Stevens Sydney Morning Herald "We shouldn't wish too quickly for a low exchange rate," he told the forum. He said the current value of the dollar meant things like petrol, imported goods and overseas travel were currently cheaper than they would otherwise have been. See all stories on this topic » | ||
| Australia Central Bank Endorses Strong Currency NASDAQ In his strongest endorsement yet of the strength of the exchange rate, Reserve Bank of Australia Governor Glenn Stevens used an economic forum hosted by Prime Minister Julia Gillard to urge exporters and manufacturers to skill up and adapt their ... See all stories on this topic » | ||
| RBA Stevens: High Exch Rate Spreading Wealth Of Mining Boom MNI News SYDNEY (MNI) - Australians shouldn't wish too quickly for a lower exchange rate because the high currency is giving benefits to consumers and is one of the ways the wealth of mining boom is spreading, the Reserve Bank of Australia Governor Glenn ... See all stories on this topic » | ||
| India Shares Gain on Rate-Cut Hopes Wall Street Journal By ASHUTOSH JOSHI MUMBAI – Indian shares ended higher Tuesday after erasing initial losses, driven by banking stocks on hopes that the central bank will cut interest rates next week. The Bombay Stock Exchange's benchmark Sensitive Index gained 194.79 ... See all stories on this topic » | ||
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| Debate over Hong Kong's fixed exchange rate system brewing Channel News Asia By Roland Lim | Posted: 12 June 2012 1958 hrs HONG KONG: Top Hong Kong government officials on Tuesday said there was no reason to change the Hong Kong dollar's fixed exchange rate system, following suggestions of change from a former central banker. See all stories on this topic » | ||
| HK Fin Sec says linked exchange rate is most appropriate for city Reuters HONG KONG, June 12 (Reuters) - Hong Kong is fully committed to maintaining the city's linked exchange rate, which is the anchor of its financial and economic stability, the city's financial secretary said on Tuesday. John Tsang was speaking after ... See all stories on this topic » | ||
| Baltic index rises on higher panamax rates Reuters June 12 (Reuters) - The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry commodities, rose for a third straight session on Tuesday on higher rates for panamax vessels in the Atlantic. The overall index, a gauge of the ... See all stories on this topic » | ||
| Linked Exchange Rate to Stay: HK Official CRIENGLISH.com Hong Kong Financial Secretary John Tsang said the Linked Exchange Rate System has served Hong Kong well over the years, and there is no need for the government to change it. Speaking to the media today, Tsang said views expressed by former Monetary ... See all stories on this topic » | ||
| Indian Shares End Up As Weak Factory Output Boosts Rate-Cut Hopes Wall Street Journal ... driven by banking stocks as investors bought them on hopes that the central bank would cut interest rates next week after data showed weakening economic activity. The Bombay Stock Exchange's benchmark Sensitive Index gained 194.79 points, or 1.2%, ... See all stories on this topic » | ||
| NAB - One more RBA rate cut needed to offset tight fiscal policy FXstreet.com As 2013 develops, the case builds for some unwinding of the cash rate – we see 50 bps increases into 2013 – bringing the cash rate back to around 3¾%" Alan Oster, Group Chief Economist at NAB. Trading foreign exchange on margin carries a high level of ... See all stories on this topic » | ||
| Sri Lanka Holds Rates to Sustain Growth as Rupee Fans Prices Bloomberg The rupee touched 133.5 per dollar yesterday, its lowest level, after the central bank in February moved to a more freely floating exchange rate and as Europe's debt crisis saps demand for emerging-market assets. The currency has dropped about 17 ... See all stories on this topic » | ||
| Ontario to offer lower hydro rates for new industries in exchange for jobs Hamilton Spectator Eligible companies could qualify for a reduced electricity rate if they create new jobs and bring new investment to Ontario. It's not a new industrial hydro rate for all companies, the one opposition parties have been asking for to stop firms from ... See all stories on this topic » | ||
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| FS speaks on linked exchange rate system 7thSpace Interactive (press release) Financial Secretary: I know that Joseph Yam has raised some points regarding the linked exchange rate. Norman Chan and some local bankers as well as some legislative councillors have also made their views known on the subject. I have just returned from ... See all stories on this topic » | ||
| Spain borrowing cost crisis: Rate at euro-era high Kitsap Sun A journalist works in front of the Stock Exchange's main display while it shows Bankia values, in Madrid Monday June 11, 2012. After Spain's request for a European financial lifeline of up to a euro100 billion euros ($125 billion) to save its banks the ... See all stories on this topic » | ||
| Aussie dollar helps spread mining-boom gains: RBA MarketWatch Acknowledging that the currency's strength--which continues to hover around parity against the greenback--is hurting some sectors such as manufacturing, Stevens said the strong exchange rate is also boosting consumers' spending power and keeping down ... See all stories on this topic » | ||
| BI holds rates; uses other tools to prop up weak rupiah Jakarta Post "Bank Indonesia will push for an increased foreign exchange supply on the market so that the rupiah rate will remain consistent with Indonesia's fundamental economic conditions," he said. The central bank said that due to the slowdown in the global ... See all stories on this topic » | ||
| Sri Lanka overnight rates at new high amid forex pressure Lanka Business Online Analysts had warned that liquidity should be mopped up permanently to prevent pressure from developing on rupee again as the exchange rate peg was a sitting duck for the tens of billions rupees sloshing around the banking system. See all stories on this topic » | ||
| Seaga wants Gov't to fix exchange rate Go Jamaica Seaga has been a passionate advocate of fixing the exchange rate. He said some of the benefits of a pegged exchange rate are lower inflation, lower interest rates, higher investment, increased growth, and greater job opportunities. See all stories on this topic » | ||
| RPT-UPDATE 1-Hong Kong vows to stick with dollar peg after ex-cbanker's comments Reuters "We all agree that the linked exchange rate is most suitable for Hong Kong and there's no need whatsoever to make any change," Financial Secretary John Tsang told a news conference after word of the former official's recommendations sparked a jump in ... See all stories on this topic » | ||
| Zodiac Aerospace confirms its growth targets - Revenue for Quarter 3 and 9 ... Reuters At like-for-like consolidation scope and exchange rate, growth was 14.7%. External growth [1] contributed 5.6 points to overall revenue, while currency exchange rates had a positive impact of 2 points over the period. Aerospace segments (excluding Rail ... See all stories on this topic » | ||
| dong strengthens against dollar Viet Nam News HA NOI — Commercial banks yesterday unexpectedly lowered the US dollar/ Vietnamese dong exchange rate by up to VND50-80 against the previous day. Vietcombank and Bank for Investment and Development of Viet Nam (BIDV) cut the rate by VND50 and VND70, ... See all stories on this topic » | ||
| 'Productivity the key to survive' Whitsunday Times "If you are struggling with a high exchange rate, productivity is the (key) to survive," he said. Productivity came from businesses and their management and governments making sure there were no impediments to growth, Mr Stevens said. See all stories on this topic » | ||
| IMF: Hong Kong's Dollar Peg 'Merits Continued Support' Wall Street Journal By Ian Talley Hong Kong should continue to peg its currency to the US dollar, the International Monetary Fund said after the city-state's former central banker suggested earlier in the day the exchange rate could be linked to the Chinese yuan or a ... See all stories on this topic » | ||
| Argentine currency black market cautiously resumes Reuters * Gov't forex crackdown smothered informal trade for a week * Foreign exchange houses sell greenbacks despite fear * Blue-chip swap rate for selling assets abroad at new low By Jorge Otaola BUENOS AIRES, June 12 (Reuters) - Black market currency ... See all stories on this topic » | ||
| Sovereign reserve managers may give euro a miss Reuters The euro's exchange rate against the dollar may also make the Chinese authorities think twice. Between September 1, 2010 and September 30 2011, the range of the exchange rate was $1.2642-$1.4939. In October 2011, European and IMF officials went to ... See all stories on this topic » | ||
| Sensex surges on rate cut hopes The Hindu The Bombay Stock Exchange (BSE) 30-share Sensitive index (Sensex) gained 194.79 points or 1.17 per cent to close at 16862.80 on Tuesday, its highest close in over a month. The rally was led by realty stocks (up by 2.01 per cent), banks (1.90 per cent), ... See all stories on this topic » | ||
| Euro exchange rate today: EUR in slight bounce but concerns are expressed ... Economy News The euro dollar exchange rate has recovered to register gains of 0.2 pct on yesterday's closing level. EUR-USD is at 12502 at 10:07 AM in London. The euro pound exchange rate is 0.12 pct higher, EUR-GBP is at 0.8069. PS: We have updated our IMT site ... See all stories on this topic » | ||
| Sensex 194 points up on rates cut hope Newstrack India ... 194.79 points amid hopes of a rates cut by the Reserve Bank of India (RBI) on weak industrial output data in April. The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 16570.51 points closed at 16862.80 points, ... See all stories on this topic » | ||
| Hong Kong Vows to Keep Currency Peg After Yam Urges Review San Francisco Chronicle (Updates exchange rate in third paragraph) June 13 (Bloomberg) -- Hong Kong's incoming leader, financial secretary and top central banker all pledged their commitment to the city's currency peg after former monetary chief Joseph Yam called for a review ... See all stories on this topic » |
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| FS speaks on linked exchange rate system Financial Secretary: I know that Joseph Yam has raised some points regarding the linked exchange rate. Norman Chan and some local bankers as well as some legislative councillors have also made their views known on the subject. HKSAR Government Press Releases | ||
| USA News Biz: Mexico To Seek Long-Term Action Plan At G-20 ... By Dollar Rate A direct effect of the European crisis on Mexico has been in the exchange rate of the peso against the U.S. dollar. The peso recently fell to its weakest level in more than three years, and has been trading at or above MXN14 to the dollar. USA News Biz | ||
| Rehearsal for the stability of hryvnia | Loans: Personal loans ... By admin This affected the exchange rate of hryvnia to dollar ", — explained the reasons for currency fluctuations finance expert Eric Naiman. Interbank reacted. On the way foreigners do not pay attention at first, although the course has started to grow ... Loans: Personal loans, Business... | ||
| Exchange rate regimes and fiscal multipliers By repec Does the fiscal multiplier depend on the exchange rate regime and, if so, how strongly? To address this question, we first estimate a panel vector autoregression (VAR) model on time-series data for OECD countries. We identify the effects of ... PoliEcon |
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| and transfer fees for converting Sterling tocurrent euro exchange rate Exchange rates updated daily for the most importantFed's Fisher: Dollar Still Dominant Currency; Euro May Someday ChallengeMUMBAI: The rupee today lost ... www.fefgw.com/?p=19114 | ||
| BNR highly preoccupied with exchange rate's fate The National Bank of Romania (BNR) is highly preoccupied with the RON's and the exchange rate's fate, Adrian Vasilescu, the National Bank of Romania (BNR) ... www.nineoclock.ro/bnr-highly-preoccupied-with-exchange-ra... | ||
| Lessons from 19709s Experience with Flexible Exchange Rates: A ... that stability, or variability, of prices and exchange rates is a relative matter. ... A study of exchange rate volatility, therefore, must consider the influence of events ... repository.cmu.edu/cgi/viewcontent.cgi?article=2088... | ||
| Romania: BNR highly preoccupied with exchange rate's fate Annual inflation rate moving closer to average annual inflation (...). BNR highly preoccupied with exchange rate's fate. Romanian News by Romaniapress.com. www.romaniapress.com/news-10024652.html | ||
| exchange rate of us to nepal 12t USD in NPR Exchange Rates USD in NPR Exchange Rates - US Dollar Nepalese Rupee Exchange Rates - Real-time currency exchange for 200+ currencies in the world, simply convert ... usd.exchangerates24.com/npr/?q... | ||
| Money Rate at Website Informer Money Exchange Rate | Online Exchange Rates | Online Exchange Rate | UK ChangeGroup Money Exchange | Online Exchange including travel money and ... website.informer.com/terms/Money_Rate | ||
| Linked exchange rate to stay: HK official -- Shanghai Daily | 上海 ... HONG KONG, June 12 (Xinhua) -- Hong Kong Financial Secretary John Tsang said the Linked Exchange Rate System has served Hong Kong well over the ... www.shanghaidaily.com/article/article_xinhua.asp?id=76649 |
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