JPMorgan Funds - Emerging Markets Local Currency
... *Due to a change in pricing model, post 31.10.16 (effective date), performance calculations are on a single pricing basis, taking into account any initial and redemption fees. Prior to 31.10.16, performance calculations are on an offer-to-bid basis. The maximum initial charge (if any) is taken into ...
... *Due to a change in pricing model, post 31.10.16 (effective date), performance calculations are on a single pricing basis, taking into account any initial and redemption fees. Prior to 31.10.16, performance calculations are on an offer-to-bid basis. The maximum initial charge (if any) is taken into ...
Appreciation of the exchange rate
... Scotland: if it moved 1 unit of labour from whisky to oil it would sacrifice 40 litres of whisky but gain 20 barrels of oil (OC = 40/20 = 2) Moving 1 unit of labour from oil to whisky production would lead to a sacrifice of 20 barrels of oil to gain 40 litres of whisky (OC of whisky is ...
... Scotland: if it moved 1 unit of labour from whisky to oil it would sacrifice 40 litres of whisky but gain 20 barrels of oil (OC = 40/20 = 2) Moving 1 unit of labour from oil to whisky production would lead to a sacrifice of 20 barrels of oil to gain 40 litres of whisky (OC of whisky is ...
Exchange of ideas
... goods in yuan for Chinese buyers may provide competitive advantages and the potential for significant cost savings,” Liu noted. The most obvious growth of the yuan is in international trade settlement. At the end of 2013, the yuan was the eighth-most used currency in terms of value, behind the U.S. ...
... goods in yuan for Chinese buyers may provide competitive advantages and the potential for significant cost savings,” Liu noted. The most obvious growth of the yuan is in international trade settlement. At the end of 2013, the yuan was the eighth-most used currency in terms of value, behind the U.S. ...
Currency Crises from Andrew Jackson to Angela Merkel
... identified until quite recently due to the great size of America and the regional conflicts that emerged. The Civil War was a conflict between the North and the South. The postwar deflation became a contest between the East and the West. Western farmers who typically were in debt and suffered from d ...
... identified until quite recently due to the great size of America and the regional conflicts that emerged. The Civil War was a conflict between the North and the South. The postwar deflation became a contest between the East and the West. Western farmers who typically were in debt and suffered from d ...
Currency Crisis in Thailand: The Leading Indicators
... newly established companies had no effective debt management mechanism (Sussangkarn, 1998). The companies’ borrowings had greatly exceeded the firm’s capital; companies with high debt had to close down, causing high unemployment. Thailand’s standoff proved unsuccessful. Although speculation of the T ...
... newly established companies had no effective debt management mechanism (Sussangkarn, 1998). The companies’ borrowings had greatly exceeded the firm’s capital; companies with high debt had to close down, causing high unemployment. Thailand’s standoff proved unsuccessful. Although speculation of the T ...
The Currency Blocks: The Euro Zone and the CFA Franc
... and the U.S. dollar was around US$1.18 per euro. This continuously depreciated during the ensuing period, reaching US$0.85 per euro by the end of 2000. The CFA franc zone, on the other hand, is a monetary union of countries in West and Central Africa that grew out of the financial arrangements betwe ...
... and the U.S. dollar was around US$1.18 per euro. This continuously depreciated during the ensuing period, reaching US$0.85 per euro by the end of 2000. The CFA franc zone, on the other hand, is a monetary union of countries in West and Central Africa that grew out of the financial arrangements betwe ...
Measuring Workers` Remittances
... Weaknesses in Current Methodology • Omission of transfer in kind and transfers in informal sector • Import financing does not provide for gifts or goods in kind • Agents involved in both domestic economy and non-resident agents in a sophisticated method of settlement. Imports vs. settlement in loca ...
... Weaknesses in Current Methodology • Omission of transfer in kind and transfers in informal sector • Import financing does not provide for gifts or goods in kind • Agents involved in both domestic economy and non-resident agents in a sophisticated method of settlement. Imports vs. settlement in loca ...
Why Did the Fed Raise Rates in October 1931?
... the Chinese and/or Saudi central banks to eliminate the pegs of their currencies to the greenback. Now, what would motivate these central banks to sever the peg? The desire to rein in their domestic inflation. In an environment in which the dollar is under downward pressure, the by-product of peggin ...
... the Chinese and/or Saudi central banks to eliminate the pegs of their currencies to the greenback. Now, what would motivate these central banks to sever the peg? The desire to rein in their domestic inflation. In an environment in which the dollar is under downward pressure, the by-product of peggin ...
Currency
A currency (from Middle English: curraunt, ""in circulation"", from Latin: currens, -entis) in the most specific use of the word refers to money in any form when in actual use or circulation as a medium of exchange, especially circulating banknotes and coins. A more general definition is that a currency is a system of money (monetary units) in common use, especially in a nation. Under this definition, British pounds, U.S. dollars, and European euros are examples of currency. These various currencies are stores of value, and are traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are defined by governments, and each type has limited boundaries of acceptance.Other definitions of the term ""currency"" are discussed in their respective synonymous articles banknote, coin, and money. The latter definition, pertaining to the currency systems of nations, is the topic of this article. Currencies can be classified into two monetary systems: fiat money and commodity money, depending on what guarantees the value (the economy at large vs. the government's physical metal reserves). Some currencies are legal tender in certain jurisdictions, which means they cannot be refused as payment for debt. Others are simply traded for their economic value. Digital currency arose with the popularity of computers and the Internet.