Document
... These markets provide three basic economic benefits. 1. A mechanism to transfer purchasing power from individuals who deal in one currency to people who deal in a different currency. 2. A way for corporations to pass the risk associated with foreign exchange price fluctuations to professional riskta ...
... These markets provide three basic economic benefits. 1. A mechanism to transfer purchasing power from individuals who deal in one currency to people who deal in a different currency. 2. A way for corporations to pass the risk associated with foreign exchange price fluctuations to professional riskta ...
Israel`s International Investment Position (IIP), Fourth quarter of 2016
... The value of Israel's assets abroad increased in the fourth quarter of 2016 by about $5.4 billion (1.4 percent), to about $381 billion at the end of December, mainly as a result of net other investments1 abroad and an increase in the balance of direct investments abroad. The value of the financial ...
... The value of Israel's assets abroad increased in the fourth quarter of 2016 by about $5.4 billion (1.4 percent), to about $381 billion at the end of December, mainly as a result of net other investments1 abroad and an increase in the balance of direct investments abroad. The value of the financial ...
BCGE group investment strategy
... political calendar of these last twelve months have been conceived by a master watchmaker? In fact, when we look closely at the political situation in the United States, Great Britain and the major European states, the only conclusion that can be drawn is an immense complication! Beyond the ballot b ...
... political calendar of these last twelve months have been conceived by a master watchmaker? In fact, when we look closely at the political situation in the United States, Great Britain and the major European states, the only conclusion that can be drawn is an immense complication! Beyond the ballot b ...
External Trade and Balance of Payments
... During fiscal year 2001-02, exchange rate movements on the international foreign exchange market were characterised by a high degree of volatility as the market focused on the fundamentals of the major industrialised economies, namely, the United States, euro zone, Japan and Britain. Prospective eco ...
... During fiscal year 2001-02, exchange rate movements on the international foreign exchange market were characterised by a high degree of volatility as the market focused on the fundamentals of the major industrialised economies, namely, the United States, euro zone, Japan and Britain. Prospective eco ...
“How to reduce debt costs in Southern Africa” , Johannesburg, 25/26
... for domestic equity over bonds, with a notable public vs. private source of funding split ...
... for domestic equity over bonds, with a notable public vs. private source of funding split ...
Part2-English
... • “It is not Brazil’s time. It will be when that country regains order. It is clearly Mexico’s moment. The High Canadian Pension Funds have just enter into partnership with ICA to build; there are Afores with CKDes to invest on highways, and large funds are coming from that country to invest in the ...
... • “It is not Brazil’s time. It will be when that country regains order. It is clearly Mexico’s moment. The High Canadian Pension Funds have just enter into partnership with ICA to build; there are Afores with CKDes to invest on highways, and large funds are coming from that country to invest in the ...
On the Link Between Currency Substitution and Financial Deepening in the Developing World
... with high inflation rates to also have high dollarization ratios. Dollarization gives savers a shelter from domestic inflation. It enables them to retain the value of their savings. In an inflationary environment it is usually expected that banks will lend less and allocate capital less effectively, ...
... with high inflation rates to also have high dollarization ratios. Dollarization gives savers a shelter from domestic inflation. It enables them to retain the value of their savings. In an inflationary environment it is usually expected that banks will lend less and allocate capital less effectively, ...
Insight Quarterly market review with high level
... England, notably, now sees UK GDP growth running at 2% in 2017 (above consensus forecasts). We are concerned, however, that UK growth and, with it, the value of sterling, remain vulnerable. Sterling vulnerability The weakness in sterling seen since the June 2016 referendum decision is already impact ...
... England, notably, now sees UK GDP growth running at 2% in 2017 (above consensus forecasts). We are concerned, however, that UK growth and, with it, the value of sterling, remain vulnerable. Sterling vulnerability The weakness in sterling seen since the June 2016 referendum decision is already impact ...
Foreign Exchange Interventions as an Unconventional
... A. Objectives of the Interventions FX interventions are an unconventional monetary policy tool used by central banks, especially in emerging economies ...
... A. Objectives of the Interventions FX interventions are an unconventional monetary policy tool used by central banks, especially in emerging economies ...
The Monetary and Fiscal Implications of Achieving Debt Sustainability.
... This paper examines debt management and specifically the issue of debt sustainability, within the context of its linkages to monetary variables. It emphasises the importance of the coordination of government's operation and financing within the broader scope of the economy's overall objectives. Glob ...
... This paper examines debt management and specifically the issue of debt sustainability, within the context of its linkages to monetary variables. It emphasises the importance of the coordination of government's operation and financing within the broader scope of the economy's overall objectives. Glob ...
CIBC`s Monthly FX Outlook
... a 0.5% fall in prices (+2.9% year/year), in line with consensus forecasts (Chart 8). Electricity led the declines in prices as they were down 23.3%, indirectly because of lower petroleum costs. Core inflation also came in around expectations at 0.1% on lower service inflation. Given that the deflati ...
... a 0.5% fall in prices (+2.9% year/year), in line with consensus forecasts (Chart 8). Electricity led the declines in prices as they were down 23.3%, indirectly because of lower petroleum costs. Core inflation also came in around expectations at 0.1% on lower service inflation. Given that the deflati ...
brooks_mosley_F230_1_pres
... Left partisan signal is more ambiguous: thus Left governments also generate greater uncertainty. Policy uncertainty, however, is resolved as Left executives govern, so that investment risk declines as time in office ...
... Left partisan signal is more ambiguous: thus Left governments also generate greater uncertainty. Policy uncertainty, however, is resolved as Left executives govern, so that investment risk declines as time in office ...
Currency Depreciation, Speculation, Economic fundamentals
... b) Spot Speculation: According to Ghosh (2003), spot speculation is the instance where the investor buys or sells forex in the spot market today in the hopes of making profits in the future by taking the opposite position in the future spot market. If a participant speculates in the spot market, his ...
... b) Spot Speculation: According to Ghosh (2003), spot speculation is the instance where the investor buys or sells forex in the spot market today in the hopes of making profits in the future by taking the opposite position in the future spot market. If a participant speculates in the spot market, his ...
Risk Assessment Report - Fondo de Valores Inmobiliarios
... with the restrictions in supply, will maintain the high level of oil prices that is observed at the moment. With the high fiscal expenditures expected for 2012, due to it being electoral year, a growth of around 4% is expected. For the short and medium term, it is expected that recovery of the priva ...
... with the restrictions in supply, will maintain the high level of oil prices that is observed at the moment. With the high fiscal expenditures expected for 2012, due to it being electoral year, a growth of around 4% is expected. For the short and medium term, it is expected that recovery of the priva ...
Computing the Inflation Rate, the Current Price, and the Original Price
... measure economic activity. At the corporate level, inflation is observed as increases in wholesale prices, utility costs, production and shipping costs, and demands for scarce materials. Some of the causes of inflation are heavy spending (resulting in high demand), increased production costs while p ...
... measure economic activity. At the corporate level, inflation is observed as increases in wholesale prices, utility costs, production and shipping costs, and demands for scarce materials. Some of the causes of inflation are heavy spending (resulting in high demand), increased production costs while p ...
The Argentine Banking and Exchange rate crisis of 2001: Can
... inflation and ensuring macroeconomic and financial stability, in January 2002, Argentina was forced to abandon the “Convertibilidad” and moved to a floating exchange regime, in the middle of the probably most deep political and institutional crisis experienced by the country in years. Are these twin ...
... inflation and ensuring macroeconomic and financial stability, in January 2002, Argentina was forced to abandon the “Convertibilidad” and moved to a floating exchange regime, in the middle of the probably most deep political and institutional crisis experienced by the country in years. Are these twin ...
Common Error - Frost Middle School
... (c) Assume the government reduces the level of unemployment compensation. (i) Explain how this affects the natural rate of unemployment. (ii) Using a correctly labeled graph, show how this affects the long-run Phillips Curve. The correctly labeled graph has inflation on the vertical axis, unemployme ...
... (c) Assume the government reduces the level of unemployment compensation. (i) Explain how this affects the natural rate of unemployment. (ii) Using a correctly labeled graph, show how this affects the long-run Phillips Curve. The correctly labeled graph has inflation on the vertical axis, unemployme ...
chap009, Chapter 9 Foreign Exchange Markets
... Answer: Facilitate: 1. International trade and global payments systems 2. Global access to capital 3. Hedging currency risk 4. Speculating on currency values Level: Difficult 47. A U.S. FI has U.S. $200 million worth of 1 year loans earning an average rate of return of 6%. The FI also has one year s ...
... Answer: Facilitate: 1. International trade and global payments systems 2. Global access to capital 3. Hedging currency risk 4. Speculating on currency values Level: Difficult 47. A U.S. FI has U.S. $200 million worth of 1 year loans earning an average rate of return of 6%. The FI also has one year s ...
equity fund - Sun Life Financial
... Fitch raised the Philippines’ sovereign credit rating to investment grade on the last trading day of March. Specifically, the country’s foreign currency sovereign rating and the local currency rating were raised to BBB- from BB+ with stable outlooks. Remarkably, Fitch was the first of the three majo ...
... Fitch raised the Philippines’ sovereign credit rating to investment grade on the last trading day of March. Specifically, the country’s foreign currency sovereign rating and the local currency rating were raised to BBB- from BB+ with stable outlooks. Remarkably, Fitch was the first of the three majo ...
Working Paper No. 580 An Alternative View of Finance, Saving
... or in the current account are unsustainable under at least some conditions. The central bank provides “liquidity” through its discount window, through open market purchases or—even worse—through lending directly to the Treasury. There is a deposit multiplier attached to the central bank provision of ...
... or in the current account are unsustainable under at least some conditions. The central bank provides “liquidity” through its discount window, through open market purchases or—even worse—through lending directly to the Treasury. There is a deposit multiplier attached to the central bank provision of ...
The Overvalued Dollar and the US Slump
... accounted for 81 percent of total imports. The immediate damage comes from the draining of demand for domestically manufactured goods, thereby causing manufacturing job losses. Between April 1998 and September 2002 the United States lost 2.2 million manufacturing jobs, of which 1.9 million were los ...
... accounted for 81 percent of total imports. The immediate damage comes from the draining of demand for domestically manufactured goods, thereby causing manufacturing job losses. Between April 1998 and September 2002 the United States lost 2.2 million manufacturing jobs, of which 1.9 million were los ...
Currency crisis and collapse in interwar Greece
... depend crucially on the capital inflows; for example, a loan of £ 4 m issued in London in 1928 was earmarked to finance specific investment projects. Besides, as pointed by Lazaretou (1999), borrowing from international markets was also seen as a way to encourage repatriation of Greek funds. As regu ...
... depend crucially on the capital inflows; for example, a loan of £ 4 m issued in London in 1928 was earmarked to finance specific investment projects. Besides, as pointed by Lazaretou (1999), borrowing from international markets was also seen as a way to encourage repatriation of Greek funds. As regu ...
Currency crisis and collapse in interwar Greece: Predicament or Policy Failure?
... depend crucially on the capital inflows; for example, a loan of £ 4 m issued in London in 1928 was earmarked to finance specific investment projects. Besides, as pointed by Lazaretou (1999), borrowing from international markets was also seen as a way to encourage repatriation of Greek funds. As regu ...
... depend crucially on the capital inflows; for example, a loan of £ 4 m issued in London in 1928 was earmarked to finance specific investment projects. Besides, as pointed by Lazaretou (1999), borrowing from international markets was also seen as a way to encourage repatriation of Greek funds. As regu ...
International Aspects of Current Monetary Policy
... More importantly, if national government debt is a large proportion of outstanding debt, and if the government debt to GDP ratio is sufficiently high, the net effect of interest rate reductions could well be deflationary. This is because the reduction of interest income provided by government could ...
... More importantly, if national government debt is a large proportion of outstanding debt, and if the government debt to GDP ratio is sufficiently high, the net effect of interest rate reductions could well be deflationary. This is because the reduction of interest income provided by government could ...