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

Search Results

Showing 241 - 250 of 366 results for "Exchange rate"

The end is not nigh

BENJAMIN ONG  |  MONDAY, 14 MAY 2012
... to make the Eurozone a reality - and at the same time avoid the pitfalls that disintegrated its predecessor, the Exchange Rate Mechanism (ERM) - that they're not gonna let this one go. This is because the cost of a break-up would be more than the price ...

Waiting for the RBA to dance

BENJAMIN ONG  |  TUESDAY, 7 FEB 2012
... nothing much has changed since the RBA Board last met in December. "...changed behaviour by households and the high exchange rate have had a noticeable dampening effect. The unemployment rate has increased a little since mid year, though it remains close ...

BetaShares launches Aussie first oil exchange traded fund

CLAIRE MCGREAL  |  TUESDAY, 22 NOV 2011
... internationally traded crude oils. The ETF is also currency hedged, which is aimed at separating it from a fluctuating AUD/USD exchange rate. BetaShares, head of investment strategy, Drew Corbett, said the oil ETF gives Australian investors more choice ...

More of the same

BENJAMIN ONG  |  FRIDAY, 18 NOV 2011
... Bundesbank - and its insistence of maintaining high interest rates in the early 1990s - that unshackled the old exchange rate mechanism (ERM)? The Germans have shown that they're able to change their stance over the past few months, especially when the ...

Autumn Angst

BENJAMIN ONG  |  THURSDAY, 10 NOV 2011
... been through this once before (for those of us ancient enough to remember) when the United Kingdom opted out of the Exchange Rate Mechanism (ERM) back in late 1992. In what is now dubbed "Black Wednesday" the British pound plunged by more than 4.2% on ...

Manufactured in China

BENJAMIN ONG  |  FRIDAY, 14 OCT 2011
"Hush, little baby, don't say a word. Papa's gonna buy you a mockingbird And if that mockingbird won't sing, Papa's gonna buy you a diamond ring..." What's currently happening in Europe reminded me of this lullaby. If you believe the headlines, Slovakia's ...

Be glad for A$ weakness

BENJAMIN ONG  |  MONDAY, 26 SEP 2011
... system was in chaos. In the minutes of its September Board meeting, the RBA said that, "Members noted that the high exchange rate was having a material effect on the competitiveness of a number of industries, particularly manufacturing, tourism and education." ...

Market wrap

AAP  |  THURSDAY, 8 SEP 2011
... Investors were also still absorbing Tuesday's shock move by the Swiss National Bank when it announced a minimum exchange rate of 1.20 francs per euro, saying the high value of the franc was a threat to the economy. On the European sovereign bond market ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 7 SEP 2011
... the Swiss franc, had also surged and on Tuesday the Swiss central bank sprang a surprise, setting a target "peg" exchange rate against the euro. Athens raised short-term funds at reduced rates, but Greece and also Italy are at the centre of renewed tension ...

Market Wrap - Midday

AAP  |  MONDAY, 29 AUG 2011
... improve. "This morning we have seen the S&P ASX200 move over one per cent higher, which drove the Australian/US dollar exchange rate through 1.06 in what was a positive commencement to the week by risk assets," Mr Waterer said. The local currency received ...