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Floating vs. Fixed Exchange Rates- Macroeconomics 5.4
 
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Float it or fix it? Mr. Clifford expalins the difference between floating and fixed exchange rates and how countries peg the value of their currency to another currency. Make sure to watch this video first: https://www.youtube.com/watch?v=9DVYVfI81R8
Views: 255362 Jacob Clifford
How Exchange Rates Work
 
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● We explain topics simply. So Subscribe if you want to learn while being entertained. ✔ Please like the video and comment if you enjoyed - it helps a lot! ▶ If you want a question answered then ask in the comments and we may make a video about it! About the video: You may have traveled a lot and wondered why you get more of one currency when you exchange it for another. If so, you have witnessed exchange rates in action, but do you know how they work? Watch the video to find out what exchange rates are, how to convert between them and the different systems which determine a currencies exchange rate. Historically the gold standard system had been used, which fixed currency to a select value of gold, held in a vault. The three main systems are the floating, managed and fixed exchange rate systems. The floating system has minimal government intervention, using supply and demand to determine the exchange rate. The managed exchange rate is allowed to be within a permitted band and a fixed exchange rate is usually pegged to a currency with the interest of being competitive in the international market. The video explains this in more detail and with helpful picture to guide you through the subject.
Views: 301054 SimplyExplain
Why Hong Kong pegs its currency to the US dollar
 
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Subscribe to our YouTube channel here: https://sc.mp/2kAfuvJ Since 1983, Hong Kong authorities have pegged the value of the city's currency to that of the US dollar at an exchange rate of roughly 7.8 to 1. We explain the reasoning for the peg.
Currency Exchange Introduction
 
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Introduction to how exchange rates can fluctuate More free lessons at: http://www.khanacademy.org/video?v=itoNb1lb5hY
Views: 546483 Khan Academy
Imports, Exports, and Exchange Rates: Crash Course Economics #15
 
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What is a trade deficit? Well, it all has to do with imports and exports and, well, trade. This week Jacob and Adriene walk you through the basics of imports, exports, and exchange. So, you remember the specialization and trade thing, right? So, that leads to imports and exports. Economically, in the aggregate, this is usually a good thing. Globalization and free trade do tend to increase overall wealth. But not everybody wins. Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Eric Kitchen, Jessica Wode, Jeffrey Thompson, Steve Marshall, Moritz Schmidt, Robert Kunz, Tim Curwick, Jason A Saslow, SR Foxley, Elliot Beter, Jacob Ash, Christian, Jan Schmid, Jirat, Christy Huddleston, Daniel Baulig, Chris Peters, Anna-Ester Volozh, Ian Dundore, Caleb Weeks -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 878406 CrashCourse
The Gold Standard Explained in One Minute
 
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A one minute video about the monetary role of gold. As of 1971, the precious metal stopped having such a role altogether and it's interesting to analyze how and why that happened. Through this video, I did just that. Please like, comment and subscribe if you've enjoyed the video. And, of course, a share on Facebook and/or Twitter would be highly appreciated. This channel is still in its infancy, so every bit of help counts. To support the channel, give me a minute (see what I did there?) of your time by visiting OneMinuteEconomics.com and reading my message. Bitcoin donations can be sent to 1AFYgM8Cmiiu5HjcXaP5aS1fEBJ5n3VDck and PayPal donations to [email protected], any and all support is greatly appreciated! Oh and I've also started playing around with Patreon, my link is: https://www.patreon.com/oneminuteeconomics Interested in reading a good book? My first book, Wealth Management 2.0 (through which I do my best to help people manage their wealth properly, whether we're talking about someone who has a huge amount of money at his disposal or someone who is still living paycheck to paycheck), can be bought using the links below: Amazon - https://www.amazon.com/Wealth-Management-2-0-Financial-Professionals-ebook/dp/B01I1WA2BK Barnes & Noble - http://www.barnesandnoble.com/w/wealth-management-20-andrei-polgar/1124435282?ean=2940153328942 iBooks (Apple) - https://itun.es/us/wYSveb.l Kobo - https://store.kobobooks.com/en-us/ebook/wealth-management-2-0 My second book, the Wall Street Journal and USA Today bestseller The Age of Anomaly (through which I help people prepare for financial calamities and become more financially resilient in general), can be bought using the links below. Amazon - https://www.amazon.com/Age-Anomaly-Spotting-Financial-Uncertainty-ebook/dp/B078SYL5YS Barnes & Noble - https://www.barnesandnoble.com/w/the-age-of-anomaly-andrei-polgar/1127084693?ean=2940155383970 iBooks (Apple) - https://itunes.apple.com/us/book/age-anomaly-spotting-financial-storms-in-sea-uncertainty/id1331704265 Kobo - https://www.kobo.com/ww/en/ebook/the-age-of-anomaly-spotting-financial-storms-in-a-sea-of-uncertainty Last but not least, if you'd like to follow me on social media, use one of the links below: https://www.facebook.com/oneminuteeconomics https://twitter.com/andreipolgar https://ro.linkedin.com/in/andrei-polgar-9a11a561
Views: 94770 One Minute Economics
PPP (Purchasing Power Parity) Exchange Rates
 
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PPP (Purchasing Power Parity) Exchange Rates - A video that looks at PPP (purchasing power parity) with respect to exchange rates
Views: 161213 EconplusDal
Foreign Exchange (FOREX)- Macro 5.2
 
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Mr. Clifford explains the market for foreign exchange and national currencies. If you want more practice watch this video: https://www.youtube.com/watch?v=9DVYVfI81R8
Views: 397956 Jacob Clifford
What is Exchange Rate : Explained with Animation
 
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This Video Explains the following: 1)Exchange Rates. 2)Why the value of Currency Fluctuates. 3)How the value of a currency is decided. 4)How Demand of Goods influences the Value of a Currency. For More Animated Explanations under 5 minutes, Subscribe to Science Digest. (Suggestions/Errors, please let us know. We appreciate it.)
Views: 66025 Science Digest
The Bretton Woods Monetary System (1944 - 1971) Explained in One Minute
 
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After World War 2, it was clear the world needed a new financial system and as such, 44 countries sent delegates to Bretton Woods, New Hampshire to work on just that. The Bretton Woods system lasted from 1944 to 1971, when Nixon ended it and thereby put the final nail in the coffin of not just the Bretton Woods monetary system but also to gold's monetary role. If you've enjoyed the video, please like and comment. To support the channel, give me a minute (see what I did there?) of your time by visiting OneMinuteEconomics.com and reading my message. Bitcoin donations can be sent to 1AFYgM8Cmiiu5HjcXaP5aS1fEBJ5n3VDck and PayPal donations to [email protected], any and all support is greatly appreciated! Oh and I've also started playing around with Patreon, my link is: https://www.patreon.com/oneminuteeconomics Interested in reading a good book? My first book, Wealth Management 2.0 (through which I do my best to help people manage their wealth properly, whether we're talking about someone who has a huge amount of money at his disposal or someone who is still living paycheck to paycheck), can be bought using the links below: Amazon - https://www.amazon.com/Wealth-Management-2-0-Financial-Professionals-ebook/dp/B01I1WA2BK Barnes & Noble - http://www.barnesandnoble.com/w/wealth-management-20-andrei-polgar/1124435282?ean=2940153328942 iBooks (Apple) - https://itun.es/us/wYSveb.l Kobo - https://store.kobobooks.com/en-us/ebook/wealth-management-2-0 My second book, the Wall Street Journal and USA Today bestseller The Age of Anomaly (through which I help people prepare for financial calamities and become more financially resilient in general), can be bought using the links below. Amazon - https://www.amazon.com/Age-Anomaly-Spotting-Financial-Uncertainty-ebook/dp/B078SYL5YS Barnes & Noble - https://www.barnesandnoble.com/w/the-age-of-anomaly-andrei-polgar/1127084693?ean=2940155383970 iBooks (Apple) - https://itunes.apple.com/us/book/age-anomaly-spotting-financial-storms-in-sea-uncertainty/id1331704265 Kobo - https://www.kobo.com/ww/en/ebook/the-age-of-anomaly-spotting-financial-storms-in-a-sea-of-uncertainty Last but not least, if you'd like to follow me on social media, use one of the links below: https://www.facebook.com/oneminuteeconomics https://twitter.com/andreipolgar https://ro.linkedin.com/in/andrei-polgar-9a11a561
Views: 107673 One Minute Economics
Barry Eichengreen: Pegged exchange rates
 
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Barry Eichengreen, an economist, compares the problems of the gold standard to those of the European Monetary System and the Eurozone. From The Economy, published free online by The CORE Project (http://core-econ.org).
Views: 2583 CORE team
Currency pegs
 
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Pressure from the US may have pushed China to unpeg its currency from the dollar this week. But how did that peg work in the first place? Paddy Hirsch explains.
Views: 31290 Marketplace APM
L3/P2: Rupee Devaluation & Exchange rate regimes
 
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Language: Hindi, Topics Covered: - if $1=50 or $1=60: who decides this exchange rate and how? - Fixed exchange rate regime: mechanism and limitations. - Floating exchange rate regime: mechanism limitations. - Difference between devaluation and depreciation of Rupee - Difference between revaluation and appreciation of rupee? - Historic trend of Indian rupee’s fall/weakening against US dollar - How does devaluation of the currency boost its exports? - Difference between NEER and REER? How does it help determining whether currency is undervalued or overvalued? - “Managed” floating extended rate regime. Powerpoint available at http://Mrunal.org/download Exam-Utility: UPSC CSAT, CDS, CAPF, Bank, RBI, IBPS, SSC and other competitive exams, IIM, XLRI, MBA interviews and GDPI Venue: Sardar Patel Institute of Public Administration (SPIPA), Satellite, Ahmedabad, Gujarat,India
Views: 236703 Mrunal Patel
What is the Gold Standard? - Learn Liberty
 
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Before 1974, U.S. dollars were backed by gold. This meant that the federal government could not print more money than it could redeem for gold. Learn more: http://bit.ly/1HVAtKP. While this constrained the federal government, it also provided citizens with a relatively stable purchasing power for goods and services. Today's paper currency has no intrinsic value. It is not based on the value of gold or anything else. Under a gold standard, inflation was really limited. With floating value, or fiat, currency, however, some countries have seen inflation reach extremely high levels—sometimes enough to lead to economic collapse. Gold standards have historically provided more stable currencies with lower inflation than fiat currency. Should the United States return to a gold standard? SUBSCRIBE: http://bit.ly/1HVAtKP FOLLOW US: - Website: https://www.learnliberty.org/ - Facebook: https://www.facebook.com/LearnLiberty - Twitter: https://twitter.com/LearnLiberty - Google +: http://bit.ly/1hi66Zz LEARN LIBERTY Your resource for exploring the ideas of a free society. We tackle big questions about what makes a society free or prosperous and how we can improve the world we live in. Watch more at http://bit.ly/1UleLbP
Views: 276153 Learn Liberty
The Determinants of Exchange Rates and Managed Exchange Rate Systems - HD
 
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This video lecture walks students through a few scenarios that could lead to a change in a country's exchange rate and introduces the concept of a managed exchange rate system. Japan and the US are used as an example. We'll see what happens to the value of the Yen when the Bank of Japan engages in expansionary monetary policy, as well as what happens to the dollar when foreign investors speculate on its future appreciation. We'll also see how the US government may go about intervening in the market for its own currency to assure a stable exchange rate against the Yen, and show the effect of exchange rate management on the foreign exchange market for dollars in Japan. Want to learn more about economics, or just be ready for an upcoming quiz, test or end of year exam? Jason Welker is available for tutoring, IB internal assessment and extended essay support, and other services to support economics students and teachers. Learn more here! http://econclassroom.com/?page_id=5870
Views: 45833 Jason Welker
Exchange Rate System in India and its Types - Indian Economy for Prelims 2018
 
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You can join my Live classes on Economy here: https://goo.gl/urfp1H In this lesson, Ayussh explains the exchange rate system and its types. This is an important concept to understand under Indian Economy for UPSC 2018 preparation. An exchange rate regime is the way an authority manages its currency in relation to other currencies and the foreign exchange market. Between the two limits of fixed and freely floating exchange regimes, there can be several other types of regimes. In their operational objective, it is closely related to the monetary policy of the country with both depending on common factors of influence and impact. The exchange system in India has a big impact on world trade and financial flows. The volume of such transactions and the speed at which they are growing makes the exchange rate regime a central piece of Indian Economy. Download the Unacademy Learning App here: Android: https://goo.gl/02OhYI iOS: https://goo.gl/efbytP Download the Unacademy Educator App here: Android: https://goo.gl/H4LGHE iOS: https://goo.gl/1FkFHp Do Subscribe and be a part of the community for more such lessons here: https://goo.gl/gycFVs
Views: 8020 Unacademy
Exchange Rate Policy Instead Of Monetary Policy
 
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Exchange Rate Policy Instead Of Monetary Policy [12/15] by openlectures Explains how the nature of our economy (small & open), as well as the Open Economy Trilemma, limits us to exchange rate policy. -- ^^^ SUBSCRIBE above for more quick lectures! ^^^ VISIT openlectures: http://openlectures.org ABOUT openlectures: http://openlectures.org/team FOLLOW openlectures: FB - http://facebook.com/OpenLectures Twitter - http://twitter.com/openlecturessg
Views: 3605 openlectures sg
Word of the Day: Currency Peg
 
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Watch more Capital Account @ http://www.youtube.com/CapitalAccount http://twitter.com/laurenlyster http://twitter.com/coveringdelta A currency peg, otherwise referred to as a fixed exchange rate, is a type of exchange system wherein a currency's value is matched to the value of another single currency or to a basket of other currencies, or to another measure of value, such as gold. The most readily well-known "currency manipulator" is China, which pegs the yuan to the us dollar. Their's is a flexible peg, but a peg nonetheless, and we look at this during our word of the day, as well as the case of Argentina. These are two very different types of currency pegs. In the case of the yuan, China artificially undervalues their currency relative to the dollar, in an effort to cheapen their exports and drive growth with sales to the US and other countries. This is an export led growth model, facilitated by a cheap currency. The people's bank of china achieves this buy regularly going out into the open market and buying us dollars in return of chinese yuan. This helps to push down the value of the yuan relative to the dollar, cheapening the chinese currency, but also causing inflation domestically because china has to print all this extra money in order to soak up the USD it buys. When a country like china loosens it's peg, its currency will naturally rise. In the case of Argentina, the central bank in that country was keeping its currency artificially high relative to the USD. When Argentina headed into depression during the early 2000's it became increasingly difficult for the country to maintain the peg, because in the case of countries that are artificially increasing the value of their currency, the national central bank had to intervene in the market by selling foreign exchange reserve in return for pesos. This had its limits, since the Argentinian central bank only had so many reserves to sell. The advantage of having a strong and stable currency, as was the case in Argentina throughout the 90's is that it attracts a lot of foreign capital. However, when times get tough, a lot of that capital can leave and then you can find yourself bankrupt very quickly.
Views: 9174 RT America
Fixed Exchange Rate
 
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This clip summarizes three issues that arise in fixed exchange rate systems for a small open economy: (1) Pro-cyclicality of monetary policy, (2) effectiveness of fiscal policy for stabilization, and (3) the possibility of a balance-of-payments crisis in the face of an expected exchange rate devaluation.
Exchange Rate System | External Sector | Indian Economy | ECONOMY GURU | NEO IAS
 
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INDIAN ECONOMY FOR PRELIMS IN 100 HOURS Video Link : https://youtu.be/NQgMFNCmwkA HOW TO PREPARE INDIAN ECONOMY FOR UPSC CSE PRELIMS 2018? https://youtu.be/A-acqr7u74A BITS ECONOMY Video Link : https://youtu.be/tJkAiJNtvF0 Economy Prelims Telegram Channel - https://goo.gl/DAo5zp To Know more about Economy Guru : https://goo.gl/zwrHiE Exchange Rate System of Indian Economy for CIVIL SERVICES EXAMINATION explained in the simplest way. NEO IAS e-learning classes is an online program which aims to create CIVIL SERVANTS for the development of the nation by providing the video series of complete topics that are relevant for the CIVIL SERVICES (IAS/IPS) Exam.
China‘s new exchange rate system and its consequences
 
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14 August 2015: In China’s new, freer exchange rate system the country’s macroeconomic weaknesses will have a bigger impact on the exchange rate. We have therefore revised our USD-CNY forecast substantially upwards. Nonetheless, we still believe that the first US interest rate hike is more likely to happen in September than in December. For more information please click refer to the web site of our Chief Economist https://www.commerzbank.de/en/hauptnavigation/research/research.html
Views: 158 Commerzbank AG
The relationship between the Current Account Balance and Exchange Rates
 
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This lesson will illustrate how trade flows should lead to appreciation and depreciation of currencies in a floating exchange rate system, and then explain how in the case of China, central bank policy aimed at buying large quantities of US government debt keeps the supply of Chinese currency high in the US and the demand for US dollars high in China. This means the dollar remains stronger than it otherwise might relative to the Chinese RMB, contributing to the persistent trade deficits the US exhibits in its trade with China. Want to learn more about economics, or just be ready for an upcoming quiz, test or end of year exam? Jason Welker is available for tutoring, IB internal assessment and extended essay support, and other services to support economics students and teachers. Learn more here! http://econclassroom.com/?page_id=5870
Views: 111439 Jason Welker
Fixed Exchange Rate System
 
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Fixed Exchange Rate System watch more videos at https://www.tutorialspoint.com/videotutorials/index.htm Lecture By: Ms. Madhu Bhatia, Tutorials Point India Private Limited
Floating exchange rates
 
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In this video you will learn about how floating exchange rates are determined. You'll also learn about the difference between currency depreciation and appreciation.
Views: 1912 EnhanceTuition
Fixed Exchange Rate and Flexible Exchange Rate | International Trade & Balance of Payment Economics
 
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To watch all videos on International Trade & Balance of Payment, visit playlist: https://www.youtube.com/playlist?list=PLU2YP04_LRDukL62h5xlImJ_RNOarY745 Fixed Exchange Rate and Flexible Exchange Rate | International Trade & Balance of Payment | Economics Videos | Mathur Sir Classes #InternationalTrade #BalanceofPayment #Economics #bcom #CA #CS #bba #MathurSirClasses If you like this video and wish to support this EDUCATION channel, please contribute via, * Paytm a/c : 9830489610 * Paypal a/c : www.paypal.me/mathursirclasses [Every contribution is helpful] Thanks & All the Best WE NEED YOUR SUPPORT TO GROW UP..SO HELP US!! Hope you guys like this one. If you do, please hit Like!!! Please Share it with your friends! Thank You! Please SUBSCRIBE for more videos. video edited by : Gyankaksh Educational Institute (09051378712) https://www.youtube.com/channel/UCFzUEzxnRDsbWIA5rnappwQ?sub_confirmation=1
Views: 323 Mathur Sir Classes
The Gold Standard: How Does it Work? Do We Need It?
 
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The Gold Standard: How Does it Work? Do We Need It? 🌟SPECIAL OFFERS: ► Free 30 day Audible Trial & Get 2 Free Audiobooks: https://amzn.to/2Iu08SE ...OR: 🌟 try Audiobooks.com 🎧for FREE! : http://affiliates.audiobooks.com/tracking/scripts/click.php?a_aid=5b8c26085f4b8 The gold standard is a monetary system in which the standard economic unit of account is a fixed weight of gold. There are distinct kinds of gold standard. First, the gold specie standard is a system in which the monetary unit is associated with circulating gold coins, or with the unit of value defined in terms of one particular circulating gold coin in conjunction with subsidiary coinage made from a less valuable metal. Similarly, the gold exchange standard typically does not involve the circulation of gold coins, instead using notes or coins made of silver or other metals, but where the authorities guarantee a fixed exchange rate with another country that is on the gold standard. This creates a de facto gold standard, in that the value of the silver coins has a fixed external value in terms of gold that is independent of the inherent silver value. Finally, the gold bullion standard is a system in which gold coins do not circulate, but in which the authorities have agreed to sell gold bullion on demand at a fixed price in exchange for the circulating currency. No country currently uses the gold standard as the basis of its monetary system, although several hold substantial gold reserves. (from Wikipedia) There are strong arguments for and against the gold standard. Others say that neither the Federal Reserve OR the gold standard should exist, and that instead, the U.S. Treasury itself should control the currency supply by issuing a Greenback currency (rather than the PRIVATE Federal Reserve Bank). This position's case has been well made in the documentary film "The Secret of Oz" by Bill Still. Watch "The Secret of Oz" for free on Bill Still's channel: http://www.youtube.com/watch?v=swkq2E8mswI&feature=plcp SUBSCRIBE to Bright Enlightenment: http://www.youtube.com/BrightEnlightenment Join the club: http://www.facebook.com/BrightEnlightenment What do you think? Federal Reserve? Gold Standard? U.S. Treasury Greenbacks? Leave a comments, thoughts, and opinions in the comments!
Views: 103847 Bright Enlightenment
Fixed exchange rates
 
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In this video you will learn how fixed exchange rate systems work, their advantages and disadvantages and what is meant by devaluation and revaluation.
Views: 3546 EnhanceTuition
Fixed vs Floating Exchange Rates
 
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AEI scholar Derek Scissors defines and compares fixed vs. floating exchange rates as part of this Tax Foundation University lecture series on the economics of trade.
Views: 1900 TaxFoundation
Fixed Exchange rate & Floating Exchange Rate ? Hindi / Urdu
 
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This Video Give the basic concept of Fixed Exchange rate VS Floating Exchange Rate in Hindi / Urdu For More Informational & Educational Video Visit ZPZ Education Channel & Subscribe Must ZPZ Education For More Latest or new Videos. ZPZ Education Channel Link: www.youtube.com/channel/UCwFzeQDf9cGm_ZeTXV_t5SA
Views: 117 ZPZ Education
What is a Crawling Peg?
 
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Welcome to the Investors Trading Academy talking glossary of financial terms and events. Our word of the day is “Crawling Peg” A crawling peg is a system of exchange rate adjustment in which a currency with a fixed exchange rate is allowed to fluctuate within a band of rates. The procedure in which a currency's exchange rate is periodically adjusted, usually to counter the effects of inflation. The exchange rate remains fixed between one change (crawl) to the next. The par value of the stated currency is also adjusted frequently due to market factors such as inflation. This gradual shift of the currency's par value is done as an alternative to a sudden and significant devaluation of the currency. For example, in the 1990s, Mexico had fixed its peso with the U.S. dollar. However, due to the significant inflation in Mexico, as compared to the U.S., it was evident that the peso would need to be severely devalued. Because a rapid devaluation would create instability, Mexico put into place a crawling peg exchange rate adjustment system, and the peso was slowly devalued toward a more appropriate exchange rate. By Barry Norman, Investors Trading Academy - ITA
Exchange Rate Practice Part 1
 
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This video lecture walks students through a few scenarios that could lead to a change in a country's exchange rate and introduces the concept of a managed exchange rate system. Japan and the US are used as an example. We'll see what happens to the value of the Yen when the Bank of Japan engages in expansionary monetary policy, as well as what happens to the dollar when foreign investors speculate on its future appreciation. We'll also see how the US government may go about intervening in the market for its own currency to assure a stable exchange rate against the Yen, and show the effect of exchange rate management on the foreign exchange market for dollars in Japan. Want to learn more about economics, or just be ready for an upcoming quiz, test or end of year exam? Jason Welker is available for tutoring, IB internal assessment and extended essay support, and other services to support economics students and teachers. Learn more here! http://econclassroom.com/?page_id=5870
Views: 21162 Jason Welker
How rupee-dollar rates are determined? Hindi Video
 
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In this short animation video, we have explained that how currency exchange rate of Indian Rupees is determined with other foreign currencies? To watch more amazing video of general knowledge in Hindi visit our website http://netpill.in -~-~~-~~~-~~-~- Watch our new video "Historical story of Padmavati :: Conflict of two Emperors" https://www.youtube.com/watch?v=23G5Hb9lyZ8 -~-~~-~~~-~~-~-
Views: 423634 Netpill
How Bretton-Woods Fell Apart
 
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Professor Perry Mehrling discussing the structure and fall of the Bretton-Woods international monetary system. In this system, the dollar was pegged to gold at $35 per ounce, then all other national currencies were pegged to the dollar at fixed exchanges rates. Then SDRs (Special Drawing Rights) could also be used to settle international payments. This system was put into place in 1946 until it fell apart in 1971. The reason it fell apart was because the supply of international dollars was growing faster than the supply of gold. This happened because of US trade deficits, but also because they lent dollars into existence to foreign nations to finance development. But as the supply of dollars started to get much larger than the stock of gold that the US held, it started to put pressure on the dollar exchange rate with gold. We could have revalued gold, but we didn't until it was too late. When countries started demanding payments in gold instead of dollars, Nixon chose to end convertibility into gold. This ended the Bretton-Woods system, and began the era of floating exchange rates, which we still are in today. This was a monumental moment for the world, because on a floating exchange rate, a government is capable of pursuing full employment through a Job Guarantee policy (more on that here: https://www.youtube.com/watch?v=KSw0ROvM6QM&t=344s&index=1&list=PLZJAgo9FgHWZHiVWJyW2KzOWsIresj_N2). Watch the whole lecture here: https://www.coursera.org/learn/money-banking/lecture/iMZY8/the-dollar-system Take the whole course here: https://www.coursera.org/learn/money-banking/home/welcome Follow Deficit Owls on Facebook and Twitter: https://www.facebook.com/DeficitOwls/ https://twitter.com/DeficitOwls
Views: 16522 Deficit Owls
How are exchange rates determined?
 
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Talks about flexible, fixed and managed exchange rates. Includes past HSC question to complete for homework.
Views: 116 Alex Symonds
Fixed vs. Flexible Exchange Rate Regimes and Policies
 
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Interview granted to "Nova Makedonija" 1. What is your opinion about fixed exchange rate regimes? A. Fixed exchange rate regimes are useful in crisis circumstances, when the restoration of stability and the trust of citizens, investors, and speculators is essential. Such harsh measures, usually coupled with capital controls, should be short-term and lifted immediately when the economy had picked up and expectations have settled. Maintaining a fixed-rate regime in the long-term has nefarious and dangerous consequences as the exchange rate diverges further and further from the real value of the currency, adjusted to inflation. This erodes the competitiveness of exporters, renders imports relatively cheap, distorts the price signal throughout the economy (in other words: people don't know what the real value of their currency is abroad). It also leads to speculative attacks on the currency from the outside (if the currency is convertible and traded in free foreign exchange markets) - or from the inside (in the form of a thriving black foreign exchange market.) 2. What is the connection between exchange rate policies and better economic results? A. This depends on how open the country is to the global capital markets and what percentage of its GDP is made up of international trade and various transfers from abroad (such as remittances.) As a rule, the more exposed a country is to the ups and downs of the global market, the more it should have a flexible and adaptable exchange rate policy. A country that exports and imports a lot needs to have competitive manufacturing, services (e.g., tourism), and agricultural sectors. An important part of such competitiveness is having the correct exchange rate which reflects inflation differentials, purchasing power disparities, relative advantages, and structural elements. Such constant adjustment (up AND down, for instance within a band) is excluded by a fixed rate regime. By adopting a fixed exchange rate, the country is giving up on one of its most important automatic economic stabilizers and policy tools, as Greece is discovering now to its great cost. 3. Is a fixed exchange rate good for controlling inflation? Is there a possibility to control the prices and make a correction of the value of the currency? Inflation reflects expectations of the population regarding the future level of prices. These expectations are affected by the level of stability inside the country - but also by factors outside it. In a country that is open to international trade, foreign capital flows, and foreign direct investment, external instability is far more important than internal stability. Indeed, in countries like Macedonia, Israel, and Brazil, most of the inflation comes from the outside via the soaring prices of imports such as energy products, foodstuffs, and raw materials. There is little the monetary authorities can do to affect such imported inflation. Still, it is true that a string of unannounced, arbitrary, unscripted, incomprehensible, and large devaluations will create inflation. The exchange rate policy has to be transparent, predictable, rational, and adaptable. There are dozens of countries around the world with various modesl of flexible exchange rates and, yet, with stable prices: these two are not mutually exclusive. Flexible exchange rates mean that the currency can do down (devaluation) - but also up (appreciation or revaluation.) 4. What happens to an economy if people from abroad stop sending money? Depends on: (1) What is the share of remittances in the GDP; and (2) What are the remittances used for. In most poor countries remittances constitute 10-15% of GDP and they are used by the recipients mostly for consumption. When remittances decline, consumption and GDP are adversely affected, the level of foreign exchange reserves declines, and outlays on social welfare increase. 5. Can a country defeat the trade deficit with a fixed exchange rate? The exchange rate is only one component in the overall competitiveness of the economy. Structural reforms in the public sector and various institutions; infusion of management and marketing skills; innovation; a functioning financial system; new inputs (equipment, information technology, intellectual property under license); focused and up-to- date training and re-skilling; better access to core export markets; the economic conditions in these export markets; level and relevance of the workforce's education; mentality and ethos - all these are as important as the exchange rate alone. Germany and Japan had overvalued currencies for decades and still were able to achieve prosperity and dominate international trade.
Views: 10222 vakninmusings
Currency Appreciation & Depreciation - How it Affects the Economy | Economics
 
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In this video we will learn what is Rupee appreciation and depreciation. It is also referred to as currency devaluation and revaluation. You must have read it in the newspaper that rupee has become stronger or weaker or crashed or gained some points against the American dollar. All of this simply means that the value of rupee has either increased or decreased against the American Dollar. This topic is part of Macroeconomics. Currency Appreciation & Depreciation has a huge affect on a nation's economy. It drives Foreign Direct Investment FDI, increases foreign reserves and it also affects a country's import and export. Fill this feedback form for a better learning experience https://goo.gl/vrYPBw Click here if you want to subscribe https://www.youtube.com/user/TheRealSengupta Maps and sketches can be found on the instagram account search for "geographysimple"
Views: 18416 Amit Sengupta
How to Add Real Time Currency Converter in Excel Sheet (Calculate Currency & Update)
 
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Add and Calculate All Currencies in Real time in Excel Sheet also update currency.. Click here for more detail... http://www.bsocialshine.com/2016/04/how-to-add-real-time-currency-converter.html Euro, dinar, US dollar, taka, rupees, franc, real, peso, pound, rupiah, rial, yen, shilling, dirham, rupee, riyal, rubie, Saudi riyal, rand, won, lira,
Views: 121175 MJ Tube
today currency rate //Open Market Currency Rates || Western Union Rates Today
 
10:33
Welcome To Our channel . LIFE ENTERTAINMENT is a Great Indian Event Planner and Masters of different ceremonies, established years back and approved Corporate, Organizations today currency rate //Open Market Currency Rates || Western Union Rates Today currency rates,euro rate in pakistan,euro rate today in pakistan,euro rates in pakistan,farren cranci rates today,pound rate in pakistan today,saudi riyal rates in pakistan,today currency rate in pakistan,uae dirham rates in pakistan,pakistan currency value,exchange rates,exchange rate,fixed exchange rate system,dollar,why dollar became world currency,why dollar is world reserve currency,rial rate,dollar rate,dollar rate today,today currency rate today currency rate //Open Market Currency Rates || Western Union Rates Today currency rates,euro rate in pakistan,euro rate today in pakistan,euro rates in pakistan,farren cranci rates today,pound rate in pakistan today,saudi riyal rates in pakistan,today currency rate in pakistan,uae dirham rates in pakistan,pakistan currency value,exchange rates,exchange rate,fixed exchange rate system,dollar,why dollar became world currency,why dollar is world reserve currency,rial rate,dollar rate,dollar rate today,today currency rate21 Oct, 2018 Forex / Foreign Rates in Pakistan - International Forex rates are according to the international market and all data taken from reliable sources for the conveniences of online users. The following table of international Forex rate shows live and updated forex rates and its converted value in Pakistani rupees. Pakbiz.com is one stop place to provide all foreign currency exchange rates such as; USD $ Dollar Rates, (€ -EUR) Euro Rates, (£-GBP) British Pound Rates, (AED) UAE Dirham Rates, (Riyal – SAR) Saudi Riyal Rates in Pakistan. International forex exchange rates are the exchange of one currency for another or the conversion of one currency into another currency. On this page, the conversion value of a currency shows each currency separately. Foreign exchange also refers to the global market where currencies are traded virtually around-the-clock. The term foreign exchange is usually abbreviated as "Forex" and occasionally as “FX”. Forex Rates in Pakistan Today - Now You can find forex rates in Pakistan online 24/7 all the data showing here are taken from reliable and authentic sources for purpose of updates. Forex rates are the rates at which two currencies can be exchanged in the market. International forex exchange rates show how much of one unit of a currency can be exchanged for another currency. Currency exchange rates can be floating, in which case they change continually based on a multitude of factors. Substitute, the exchange rates of some foreign currencies are fixed, to other currencies, in which case they move in tandem with the currencies to which they are pegged. The International Forex exchange rates have significant values in current international economy. To know the value of your home / country currency in relation to different foreign currencies helps investors to analyze investments priced in foreign dollars. Find daily up to dates and fresh International Forex Exchange Rates of major currencies such as: US$ Dollar, Euro, and Pound Sterling. VERSEAS OUTLOOK FOR DOLLAR: In the firth Asian trade, the euro rose against the dollar on a glimmer of hope that Greece may avert a debt default after Athens offered new proposals to foreign creditors ahead of the emergency euro zone summit later in the day. The dollar was trading against the Indian rupee at Rs 63.51, the greenback was at 3.7230 versus the Malaysian ringgit and the US currency was at 6.209 in relation to the Chinese yuan. Inter bank buy/sell rates for the taka against the dollar on Monday: 77.80-77.80 (previous 77.80-77.80). Call Money Rates: 05.25-6.75 percent (Previous 05.25-06.75 percent). In the second Asian trade, the euro fell on Tuesday as traders looked beyond an endless stream of headlines indicating progress in Greek debt talks while the dollar gained traction from solid US housing data. The dollar was trading against the Indian rupee at Rs 63.62, the greenback was at 3.7460 in terms of the Malaysian ringgit and the US currency was available at 6.208 against the Chinese yuan. Inter bank buy/sell rates for the taka against the dollar on Tuesday: 77.80-77.80 (previous 77.80-77.80). Call Money Rates: 05.25-6.75 percent (Previous 05.25-06.75 percen currency rates,euro rate in pakistan,euro rate today in pakistan,euro rates in pakistan,farren cranci rates today,pound rate in pakistan today,saudi riyal rates in pakistan,today currency rate in pakistan,uae dirham rates in pakistan,pakistan currency value,exchange rates,exchange rate,fixed exchange rate system,dollar,why dollar became world currency,why dollar is world reserve currency,rial rate,dollar rate,dollar rate today
Views: 204 life entertainment
China’s exchange rate policy over the past decade
 
02:09
Ben Bernanke explains the recent changes in China’s exchange rate and economic policy and why they are positive for the country’s economy. https://www.brookings.edu/events/gaining-currency-the-rise-of-the-renminbi/ On September 23, the Global Economy and Development program at Brookings hosted the launch of “Gaining Currency: The Rise of the Renminbi,” featuring the book’s author, Brookings senior fellow Eswar Prasad. Subscribe! http://www.youtube.com/subscription_center?add_user=BrookingsInstitution Follow Brookings on social media! Facebook: http://www.Facebook.com/Brookings Twitter: http://www.twitter.com/BrookingsInst Instagram: http://www.Instagram.com/brookingsinst LinkedIn: http://www.linkedin.com/com/company/the-brookings-institution
Views: 1457 Brookings Institution
Dollar($) के सामने Rupee की कीमत कैसे और कौन तय करता है? How are Rupee-Dollar rates determined?
 
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Why Indian RUPEE is falling against US dollar? and why prices of petrol & diesel is also increase? Link : https://www.youtube.com/watch?v=OTJfM8r_q3A In the past few days, a shocking news came to India's economy when the price of rupee reached level 73 against the dollar. This was the biggest drop in rupees in the history of India. how dollar's value is determined by the rupee and who decides it? important to know the history of Indian Rupee, what happened in history with Indian Rupee. So today the rupee value is around 72 in front of $1, the price of $1 was equal to one rupee in 1947. And then what has happened is that in the last 70 years rupee is more than the dollar Continued decreasing. Is there any reason for the cost of the currency because the price of the currency of the country is more or less? Now borrowed the loan, due to this, the Indian government had to reduce the cost of the rupee for the first time. The main reason for the rupee's fall was the promotion of foreign investment, as well as promoting exports. So that the foreign reserve could be increased. After independence, India adopted the fixed exchange rate system. Under the system, the government had decided that what would be the cost of Indian rupee against the dollar? Because of this, the price of Rupee has been around Rs 4.79 against the dollar since 1948. In the year 1971, the link of Indian Rupee was abolished with British pound and rupee was paired with a straight dollar. After that, till 1975, the dollar reached 8 rupees against the dollar and in the year 1985, the price of $1 was up to 12 rupees. Then came, the year 1991, The slow pace of inflation and development had broken the back of Indian economy. And India's foreign exchange was almost over, the government had to devalue the rupee again to keep the reserves of the foreign reserves alive. Because of that, in 1991, the price of one dollar reached 17 rupees. After which the government adopted Flexible Exchange Rate policy instead of the fixed exchange rate in 1993. That is, the price of the dollar was now going to decide the market, which was earlier decided by the government. But in this new system, some power was given in the hands of the RBI to stabilize the dollar rate. After this policy, the price of the rupee declined significantly. Now, instead of 1 dollar, 31 rupees would have to be repaid. After this gradually the strength of the remaining rupees was reduced, and by the year 2010, it had crossed 45 rupees. and by the year 2013, the price of one dollar had crossed 63 rupees and in spite of all the efforts of the RBI on the Modi government in 2018, the price of $1 has reached 73 rupees. Actually, the value of money depends on many things such as inflation, employment, interest rate, growth rate, trade deficit, volatility of equity markets, foreign currency reserves and so many other factors, which make rupee weak and strong Are there. whole game is foreign reserve, that is foreign currency. The foreign reserve is connected by import and export. The country which buys more import means that it buys more things from outside, its foreign reserves are lower, due to which the currency value decreases. And the same country exports more, that means, sending out more things outside, there is more foreign currency in the country, which increases the foreign reserve, which also increases the value of the currency of that country. But in this, the government has to make a balance, because if the currency of a country is strong then the external country will buy less from it. Which reduces exports. interest rate of RBI. If the interest rate on the deposit is high, people from foreign countries will invest more. And if the same interest rate is low, then there will be a decrease in foreign investment. Talking about today, the first reason for the rupee weakness is the rising prices of crude oil. Because of which the government has to pay more in foreign currency, which is decreasing the foreign reserve. The second reason is the trade deficit. Which is estimated to increase by 2.5% by 2019, the trade deficit decreases in foreign reserves, and the rupee fall in price To know more about what is a trade deficit, you must definitely see the main reason for the fall of Indian rupees; in that we have talked about it. And the dollar's rising demand in the international market is also an important reason for the rupee weakening, now what the Modi government does to stop it, we will be able to see it all in the coming time. Countries such as Russia, Russia and Iran have started taking some steps to curb the dollar, in which they are planning to use gold instead of dollars in imports export. But what is the future of rupees?
today currency rate //Open Market Currency Rates || Western Union Rates Today
 
08:20
Welcome To Our channel . LIFE ENTERTAINMENT is a Great Indian Event Planner and Masters of different ceremonies, established years back and approved Corporate, Organizations today currency rate //Open Market Currency Rates || Western Union Rates Today currency rates,euro rate in pakistan,euro rate today in pakistan,euro rates in pakistan,farren cranci rates today,pound rate in pakistan today,saudi riyal rates in pakistan,today currency rate in pakistan,uae dirham rates in pakistan,pakistan currency value,exchange rates,exchange rate,fixed exchange rate system,dollar,why dollar became world currency,why dollar is world reserve currency,rial rate,dollar rate,dollar rate today,today currency rate today currency rate //Open Market Currency Rates || Western Union Rates Today currency rates,euro rate in pakistan,euro rate today in pakistan,euro rates in pakistan,farren cranci rates today,pound rate in pakistan today,saudi riyal rates in pakistan,today currency rate in pakistan,uae dirham rates in pakistan,pakistan currency value,exchange rates,exchange rate,fixed exchange rate system,dollar,why dollar became world currency,why dollar is world reserve currency,rial rate,dollar rate,dollar rate today,today currency rate today currency rate //Open Market Currency Rates || Western Union Rates Today currency rates,euro rate in pakistan,euro rate today in pakistan,euro rates in pakistan,farren cranci rates today,pound rate in pakistan today,saudi riyal rates in pakistan,today currency rate in pakistan,uae dirham rates in pakistan,pakistan currency value,exchange rates,exchange rate,fixed exchange rate system,dollar,why dollar became world currency,why dollar is world reserve currency,rial rate,dollar rate,dollar rate today,today currency rate21 Oct, 2018 Forex / Foreign Rates in Pakistan - International Forex rates are according to the international market and all data taken from reliable sources for the conveniences of online users. The following table of international Forex rate shows live and updated forex rates and its converted value in Pakistani rupees. Pakbiz.com is one stop place to provide all foreign currency exchange rates such as; USD $ Dollar Rates, (€ -EUR) Euro Rates, (£-GBP) British Pound Rates, (AED) UAE Dirham Rates, (Riyal – SAR) Saudi Riyal Rates in Pakistan. International forex exchange rates are the exchange of one currency for another or the conversion of one currency into another currency. On this page, the conversion value of a currency shows each currency separately. Foreign exchange also refers to the global market where currencies are traded virtually around-the-clock. The term foreign exchange is usually abbreviated as "Forex" and occasionally as “FX”. Forex Rates in Pakistan Today - Now You can find forex rates in Pakistan online 24/7 all the data showing here are taken from reliable and authentic sources for purpose of updates. Forex rates are the rates at which two currencies can be exchanged in the market. International forex exchange rates show how much of one unit of a currency can be exchanged for another currency. Currency exchange rates can be floating, in which case they change continually based on a multitude of factors. Substitute, the exchange rates of some foreign currencies are fixed, to other currencies, in which case they move in tandem with the currencies to which they are pegged. The International Forex exchange rates have significant values in current international economy. To know the value of your home / country currency in relation to different foreign currencies helps investors to analyze investments priced in foreign dollars. Find daily up to dates and fresh International Forex Exchange Rates of major currencies such as: US$ Dollar, Euro, and Pound Sterling. VERSEAS OUTLOOK FOR DOLLAR: In the firth Asian trade, the euro rose against the dollar on a glimmer of hope that Greece may avert a debt default after Athens offered new proposals to foreign creditors ahead of the emergency euro zone summit later in the day. The dollar was trading against the Indian rupee at Rs 63.51, the greenback was at 3.7230 versus the Malaysian ringgit and the US currency was at 6.209 in relation to the Chinese yuan. Inter bank buy/sell rates for the taka against the dollar on Monday: 77.80-77.80 (previous 77.80-77.80). Call Money Rates: 05.25-6.75 percent (Previous 05.25-06.75 percent). In the second Asian trade, the euro fell on Tuesday as traders looked beyond an endless stream of headlines indicating progress in Greek debt talks while the dollar gained traction from solid US housing data. The dollar was trading against the Indian rupee at Rs 63.62, the greenback was at 3.7460 in terms of the Malaysian ringgit and the US currency was available at 6.208 against the Chinese yuan. Inter bank buy/sell rates for the taka against the dollar on Tuesday: 77.80-77.80 (previous 77.80-77.80). Call Money Rates: 05.25-6.75 percent (Previous 05.25-06.75 percen
Views: 153 life entertainment
Linked Exchange Rate System
 
10:07
Linked Exchange Rate System
Views: 605 Michael Ng
Us Dollar Exchange Rate Today | 9 October 2018 | Today us dollar exchange rate
 
02:06
Ajker dollar rate, Us dollar kurs, Today us dollar rate in pakistan, Us dollar rate today, Us dollar today rate, Dollar rate india, Ajka us dollar rate, Today us dollar rate, Ajka us dollar ki rate, Us dollar news, Today us dollar exchange rate update, Today us dollar exchange rate news, Today dollar rate, Dollar rate today, Dollar currency, Us dollar today rate all country, Aj ka us dollar ki rate, Today us dollar exchange rate, Us dollar exchange rate today, News tech tv,
Views: 873 News Tech Tv
daily foreign currency exchange rates - how exchange rates work
 
00:51
💵Exclusive & Profit Trading Strategy!🔥Watch the Video now!🔥 ➡ https://youtu.be/NHvPonWKivk THIS VIDEO IS NOT INVESTMENT ADVICE. General Risk Warning: The financial services provided by this website carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose Binary and Digital options are prohibited in EEA Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money ................................................................................................................. Find daily up to dates and fresh international forex exchange rates of major currencies such as: us$ dollar euro and pound sterling.Interbank exchange rates of various currencies are also available on this platform.Substitute the exchange rates of some foreign currencies are fixed to other currencies in which case they move in tandem with the currencies to which they are pegged.Individuals or investors may also find currency exchange rates archives or history and also up to date from today's open market currency exchange rates dollar rates forex articles & graphs for major cities of pakistan such as; open market currency rates in karachi exchange rates of pakistan in lahore money exchange... You can get all currency exchange rates live and reliable sources. Downloading historical foreign exchange rates couldn't be easier by using the form that comes with the spreadsheet. Currency converter currency exchange forex forex factory foreign exchange currency conversion trading forex trading how to make money mmo how to make money with forex trading... Currency rates euro rate in pakistan euro rate today in pakistan euro rates in pakistan farren cranci rates today pound rate in pakistan today saudi riyal rates in pakistan today currency rate in pakistan uae dirham rates in pakistan pakistan currency value exchange rates exchange rate fixed exchange rate system dollar why dollar became world currency why dollar is world reserve currency rial rate dollar rate dollar rate today. Currency converter currency exchange forex forex factory foreign exchange currency conversion trading forex trading how to make money mmo how to make money with forex trading.Currencyxchanger pos is used by over 150 foreign currency exchange businesses from small to large..Currency exchange rates can be floating in which case they change continually based on a multitude of factors. You should consider whether you can afford to take the high risk of losing your money forex rates foreign exchange rate currency rate online trading forex bank forex rate forex signals easy forex foreign currency forex news forex club forex exchange forex calendar forex valuta daily fx forex calculator forex forum forex tips scalping forex.Currency exchange daily updates and also today currencies rate currency rates currency exchange rates shown in this channel. Find daily up to dates and fresh international forex exchange rates of major currencies such as: us$ dollar euro and pound sterling.. International forex exchange rates show how much of one unit of a currency can be exchanged for another currency. Downloading historical foreign exchange rates couldn't be easier by using the form that comes with the spreadsheet..Individuals or investors may also find currency exchange rates archives or history and also up to date from today's open market currency exchange rates dollar rates forex articles & graphs for major cities of pakistan such as; open market currency rates in karachi exchange rates of pakistan in lahore money exchange...
Views: 2 Top Trade
What is an Exchange Rate?
 
02:03
Welcome to the Investors Trading Academy talking glossary of financial terms and events. Our word of the day is “Exchange Rate”. Exchange rate is the value at which one currency may be converted into another. The exchange rate is used when simply converting one currency to another such as for the purposes of travel to another country, or for engaging in speculation or trading in the foreign exchange market. There are a wide variety of factors which influence the exchange rate, such as interest rates, inflation, and the state of politics and the economy in each country. In finance, an exchange rate also known as a foreign-exchange rate, forex rate, FX rate between two currencies is the rate at which one currency will be exchanged for another. It is also regarded as the value of one country’s currency in terms of another currency. For example, an interbank exchange rate of 91 Japanese yen to the United States dollar means that 91 yen will be exchanged for each US dollar or that one US dollar will be exchanged for each 91 yen. Exchange rates are determined in the foreign exchange market, which is open to a wide range of different types of buyers and sellers where currency trading is continuous: 24 hours a day except weekends. The spot exchange rate refers to the current exchange rate. The forward exchange rate refers to an exchange rate that is quoted and traded today but for delivery and payment on a specific future date. In the retail currency exchange market, a different buying rate and selling rate will be quoted by money dealers. Most trades are to or from the local currency. The buying rate is the rate at which money dealers will buy foreign currency, and the selling rate is the rate at which they will sell the currency. The quoted rates will incorporate an allowance for a dealer's margin (or profit) in trading, or else the margin may be recovered in the form of a "commission" or in some other way. By Barry Norman, Investors Trading Academy
OIL'S IMPACT ON CURRENCY REGIMES
 
02:12
https://cnb.com/global-perspectives This week crude oil fell to a four-year low, and while this is helping global growth in the foreign exchange market, it is shaking up the oil-exporting nations’ fixed exchange-rate regimes. In countries such as Saudi Arabia, Nigeria, Venezuela, and Russia, oil and gas accounts for 50% to 85% of exports. These countries have a quasi-pegged exchange-rate regime because they don’t want falling commodity prices to result in lost export revenues because of exchange rate fluctuations. But with the U.S. dollar rising as rapidly as it is right now, these countries are under increasing pressure to devalue their currencies. If they don’t, their central banks will have to keep on using up their foreign exchange reserves to sell U.S. dollars and buy up their own currencies as a defensive move. The Russian central bank was the first to throw in the towel this week, ending its system to peg the ruble to the U.S. dollar and euro. This is because the central bank has spent over $55 billion from its reserves to shore up its currency, only for the ruble to lose 40% of its value since July. The central bank still has sufficient reserves but there was no point in throwing more money at the problem with so little to show for it. Nigeria’s foreign exchange reserves also hit a four-month low this week, as its central bank worked to defend its currency, the naira. Nigeria has a tighter fixed-rate regime, but even so, the naira has fallen by about 6% since July and the market has already priced in a 17% devaluation of this currency after Nigeria’s presidential election in February. Saudi Arabia, by far the largest oil exporter in the world, has had its riyal firmly pegged at 3.75 to the dollar since the 1980s. Even this rock-solid rate has recently been challenged by the market. My View: Fixed exchange rates should reflect long-term equilibrium levels if they are to remain stable. The fact that these oil-exporting nations are struggling to maintain their peg suggests that oil prices may remain low for a longer period. But it also means that in today’s world, one country’s central bank can no longer handle the huge amount of capital flows if their currency is too overvalued.
Views: 821 City National Bank
Pakistan Today US Dollar And Gold Latest News | PKR to US Dollar | Gold Price in Pakistan 7-11-18
 
03:21
Pakistan Today US Dollar And Gold Latest News | PKR to US Dollar | Gold Price in Pakistan 7-11-18 #usdollar #pkrtodollar #pkr_to_us_dollar #goldpriceinpakistan #Pakistan_gold_price Dollar Rate in Pakistan – Open Market forex rates, interbank, and currency exchange rates are significant information for business and finance professionals. The open market forex rates include buying and selling rates of world’s leading currencies including USD, Euro, Pound, Riyal, Dinar, Rupee etc in world market. Interbank exchange rates of various currencies are also available on this platform. You can access the bank buying TT clean, and bank selling TT & OD rates for all currencies online. Similarly, those individuals who are travelling or making business transactions internationally can check out the exchange rates online. All the rates are regularly updated. Find dollar rates in Pakistan also find forex exchange rates into PKR Pakistani rupees today. You can get all currency exchange rates live and reliable sources. Find latest and updated dollar converted rate into PKR. Dollar rates are available in Pakistani open market exchange rates, interbank rates and int'l forex/foreign currency exchange rates so far. On this platform of currency exchange rates you can find some major international forex rates such as; Euro (€ -EUR) rates, British Pound rates (£-GBP), UAE Dirham rates (Dh-AED), Saudi Riyal rates (Riyal – SAR), Chinese Yuan rates, Canadian Dollar rates (CAD), Australian Dollar rates (AUD), Qatari Riyal rates (QAR), Malaysian Ringgit rates (MYR), Hong Kong Dollar rates (HKD) and Singapore Dollar rates (SGD) respectively. The US dollar rate in Pakistan is increasing almost every day at a fast pace. You can use the currency converter on this website to convert any amount of Pakistani currency into US dollars. The rate of dollar is changing on a daily basis. Therefore, the converter available on this website is updated every day according to the latest rate. You can trust the calculations made by this tool and get results within a matter of seconds. There are many reasons that are the cause of an ever increasing dollar rate. One of the biggest factors is the stability of the US economy. On the other hand, the economy of Pakistan is quite unstable, leading to devaluation of the rupee. A country's Gross Domestic Product (GDP) also determines the value of its currency. In comparison to Pakistan's Gross Domestic Product, USA's GDP is much higher. This is one of the most obvious reasons between the huge difference in the rates of the two currencies. The investment of international entrepreneurs can boost a country's economy by strengthening it. However, due to the current conditions of Pakistan,the international investors have been frightened away. As a result, Pakistan's economy has suffered greatly. This is one of the reasons why the value of rupee has fallen and the US Dollar rate in Pakistan keeps on increasing. The US dollar rate has been increasing very rapidly over the past few years. One advantage of this rapidly increasing rate of dollar is for the local investors. Dollars can be used as a good investment. Buy a particular sum of dollars one day and you will be able to earn a profit by selling them back the very next day! However, in order to get a higher profit, you should wait for a few days. In this way, you can make sure that the rate has increased considerably and therefore you will be able to generate more profit by selling the dollars. You can keep checking the dollar rate daily through this converter. However, do keep in mind the fact that the buying rate and selling rate is always different. The dollars are converted back into rupees at a slightly lower rate. Therefore, it will be prudent to wait before the rate has considerably increased for you to be able to earn a substantial profit. You should keep checking the conversion rate at a regular basis. In order to fulfill this purpose, you do not have to visit a bank. This can be done right from the comfort of your own home through the converter, which is available on this website. You can convert any sum of money and compare the current rate with your previous conversions. You can maintain a record of these conversions in order to be able to analyze the changing pattern of the rate. mjh studio Channel link Subscribe Here https://www.youtube.com/channel/UCohh9khHhBaVr2Ih7OGvSng DISCLAIMER: This Channel DOES NOT Promote or encourage Any illegal activities , all contents provided by This Channel is meant for EDUCATIONAL PURPOSE only . #mjhstudio Pakistan Today US Dollar And Gold Latest News | PKR to US Dollar | Gold Price in Pakistan 05-11-18
Views: 5108 MJH Studio
Free Renminbi Exchange Rate versus the Dollar
 
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http://www.theforexnittygritty.com/forex/free-renminbi-exchange-rate-versus-the-dollar Free Renminbi Exchange Rate versus the Dollar By www.TheForexNittyGritty.com China is allowing banks to set a free Renminbi exchange rate versus the dollar in over the counter trading. This may well be a first step in freeing its currency from state control according to a Reuter's article reported in the New York Times. China has permitted banks to freely set their own exchange rates for the renminbi against the dollar in over-the-counter transactions - another step toward freeing the exchange rate from government control. China has been moving slowly toward a free floating currency although slower than North American and European nations would have liked. Most recently banks were required to set Renminbi US dollar exchange rates within three percent of a government dictated exchange rate. The bottom line to a free Renminbi exchange rate versus the dollar is that China believes that its currency is now fairly priced versus the US dollar. As such a free Renminbi exchange rate versus the dollar or other major currencies will not result in a run on the dollar or a run on the Renminbi. Renminbi Internationalization It is a goal of the Chinese government to internationalize the Renminbi. According to the Euromoney online the move to a free Renminbi exchange rate versus the dollar is meant to further the Renminbi's internationalization. A common complaint of companies working in China is managing liquidity with what has been a government controlled currency. In a survey conducted by Euromoney's Research Group in association with ICBC on the Renminbi's rise, close to 3,000 treasury and finance professionals of international companies with exposure to China responded and shared their views on renminbi liquidity management, cross-border trade settlement, inter-company invoicing and some of the main operational challenges corporate treasurers face in the country. Additionally, China would like to have the clout that the US does in international affairs as seen in the ability of the United States and its Western allies to shut down trade with rogue nations via the international banking system. A free Renminbi exchange rate versus the dollar could be viewed with that aspect in mind as well. Free Trade, Fair Trade and Central Banks A seemingly eternal complaint of the North Americans and Europeans is how China manipulates its currency in order to drive up the value of the US dollar and Euro. This practice has made Chinese products more competitive and resulted in the growth of the Chinese industrial machine. Now that there is a move to a free Renminbi exchange rate versus the dollar, one might be naïve enough to think that currency manipulation is over with. Think again. Central Banks are always free to buy and sell currencies and even with a free floating Renminbi the People's Bank of China can still buy dollars to drive the price up and maintain a competitive advantage in trade. Meanwhile China is poised to pay for Russian oil and natural gas in Renminbi, trade Renminbi in London and is setting up Renminbi clearing bank in South Korea to facilitate a bilateral trade deal and trade denominated in Renminbi. Chinese and South Korean leaders have pledged to sign a bilateral trade agreement by the end of this year and introduce direct trading of their currencies to spur cross-border renminbi transactions and deepen economic ties in two of Asia's largest economies. So much for the USD as the only currency to trade against the minor currencies of the world! http://youtu.be/H0e5BJAYo-U
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