Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 131 - 140 of 365 results for "Exchange Rate"

RBNZ on ice

BENJAMIN ONG  |  THURSDAY, 23 MAR 2017
... of two reasons: The currency. The New Zealand central bank is encouraged by the fall in the NZ$'s trade weighted exchange rate (down 4% since February) but "but further depreciation is needed to achieve more balanced growth". The international outlook. ...

One Direction and the BOE

BENJAMIN ONG  |  MONDAY, 20 MAR 2017
... strength in domestic economic activity, along with the British pound's sharp depreciation - Sterling's effective exchange rate has dropped by 12.9% since Brexit on 23 June 2016 - would put upward pressure on inflation. Were it not for the uncertainty ...

Steady as she grows

BENJAMIN ONG  |  WEDNESDAY, 8 MAR 2017
... the low level of interest rates. Financial institutions remain in a good position to lend. The depreciation of the exchange rate since 2013 has also assisted the economy in its transition following the mining investment boom. An appreciating exchange ...

Going good but there are risks

BENJAMIN ONG  |  MONDAY, 6 MAR 2017
... risks of "Shifts in US monetary policy, uncertainties about Brexit, rising protectionism and revisions to China's exchange rate policy, may catalyse global exchange-rate volatility that could affect Australia's trade". What monetary and fiscal authorities ...

Trump matters

BENJAMIN ONG  |  MONDAY, 13 FEB 2017
... to total, and the bond market making up 1.3% of the world. Needless to say, US President Donald Trump's trade and exchange rate policies would have a direct bearing on the outlook for Australia's economy and its capital markets. While Australian exports ...

RBNZ on steady

BENJAMIN ONG  |  THURSDAY, 9 FEB 2017
... in the global economy and rising geo-political uncertainty". Likewise, it is concerned about the strong NZ$. "The exchange rate remains higher than is sustainable for balanced growth and, together with low global inflation, continues to generate negative ...

Dwindling reserves

BENJAMIN ONG  |  WEDNESDAY, 8 FEB 2017
... indicates that the PBOC's efforts to defend the yuan and stem capital flows are working. Currently, the yuan/US$ exchange rate is at 6.8808, a 1.1% appreciation from the eight-year low 6.9548 hit in late December last year. Still, I wonder if this is ...

RBA joins the bulls in central bank shop

BENJAMIN ONG  |  WEDNESDAY, 8 FEB 2017
... Australian dollar's depreciation since 2013 supports this outlook, although the RBA did mention that "an appreciating exchange rate would complicate this adjustment." To date, the Australian dollar has gained 11.6% versus the US dollar and on the trade ...

Three for three

BENJAMIN ONG  |  FRIDAY, 3 FEB 2017
... value of sterling remains 18% below its peak in November 2015, reflecting investors' perceptions that a lower real exchange rate will be required following the UK's withdrawal from the EU. Over the next few years, a consequence of weaker sterling is ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 8 DEC 2016
... as financial markets factor in the future stance of US monetary and fiscal policy, could impart volatility to the exchange rate thereby feeding into inflation".