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Markets await decisions from BoE and ECB 2 Aug 2012 | 05:12 pm
Today sees both the Bank of England (BoE) and European Central Bank (ECB) make their monthly announcements amidst much speculation that monetary policy could be loosened in both sides of the channel i...
A big week ahead 31 Jul 2012 | 04:19 pm
A quiet start to the trading week ahead of the monthly rate setting meetings from the US, UK and Euro zone later on in the week. The euro finished last week with some momentum after various European l...
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Is that Currency Overvalued? Check the Big Mac Index! personaldividends.com 2 Aug 2013 | 05:00 pm
Twice a year, The Economist puts out its Big Mac Index. This is an index developed in 1986, and meant to help compare exchange rates around the world. The idea behind the Big Mac Index is that it tak...
PHP: Currency Exchange using XML-RPC client phpcode.mypapit.net 11 May 2007 | 05:08 am
This is an example PHP code I wrote to demonstrate how to connect to Foxrate Currency Exchange server and retrieve the latest exchange rate. The example uses The Incutio XML-RPC for PHP library. Plea...
Theory vs. Practice moneycleaned.com 27 Jun 2009 | 09:25 am
However, as ever with exchange rate models, in an open economy with high capital mobility there remains the issue of delay in the transmission mechanism. Monetary models suggest that an increase in in...
Mundell–Fleming moneycleaned.com 27 Jun 2009 | 09:24 am
Thanks to the work of Robert Mundell and J. Marcus Fleming we know that certain combinations of monetary and fiscal policy create specific exchange rate conditions. The Mundell–Fleming model illustrates...
Two More Days in Hong Kong: Another Hong Kong Budget travelsofmike.com 9 Nov 2011 | 04:11 am
After 26 days in China, it was time to head to my next destination, Israel. However, my flight left out of Hong Kong so I was able to spend one more night in Hong Kong. The exchange rate was the same...
The Big Mac index upgradeeconomic.blogspot.com 13 Jan 2012 | 11:02 am
THE ECONOMIST's Big Mac index is based on the theory of purchasing-power parity: in the long run, exchange rates should adjust to equal the price of a basket of goods and services in different countri...
Dollars in development and current significance fx-time.info 24 Jan 2012 | 02:34 am
1944 became the Dollar by the Bretton Woods system, its worldwide recognition as master, transaction and reserve currency, number one. The U.S. dollar was established as a fixed exchange rate for inte...
Srungara Kathalu Puku Dengulata Mamaya Tho telugukathalus.blogspot.com 30 Oct 2011 | 01:53 am
A currency that uses a floating exchange rate is known as a floating currency. A floating exchange rate or fluctuating exchange rate is a type of exchange rate regime wherein a currency's value is all...
Boothu Dengudu Kathalu Aunty Vasundhara Tho Puku KamaKeli telugukathalus.blogspot.com 30 Oct 2011 | 01:42 am
A floating currency is one where targets other than the exchange rate itself are used to administer monetary policy. See open market operations. A floating currency is a currency that uses a floating ...
Telugu Srungara Rahasyalu Ruchi Margina Manmadha telugukathalus.blogspot.com 30 Oct 2011 | 01:32 am
The exchange rate is stabilised by a mechanism. The Hong Kong Monetary Authority (HKMA), Hong Kong's de facto central bank, authorised note-issuing banks are to issue banknotes. These banks are requir...