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Showing 281 - 290 of 365 results for "Exchange Rate"

World peace

BENJAMIN ONG  |  MONDAY, 28 JUN 2010
... tightening and China... it just wanted to be ignored. According to Reuters, Beijing demanded that reference to its exchange rate in the draft communiquA(C) "be removed from the final version". Canada's Prime Minister Stephen Harper couldn't have put ...

To spend or not to spend

BENJAMIN ONG  |  WEDNESDAY, 23 JUN 2010
... announced over the weekend that it's contemplating currency reform (widely interpreted to mean a higher more flexible exchange rate) - would intervene to check the yuan's rise. What the...? Nevertheless, I give China a big tick in diversionary tactics ...

The art of war

BENJAMIN ONG  |  TUESDAY, 22 JUN 2010
... week's time. Look here guys, we've already announced that, "It is desirable to proceed further with reform of the RMB exchange rate regime and increase the RMB exchange rate flexibility." Have you read the PBOC website? Even little Ben at Financial Standard ...

Market Wrap - Morning

AAP  |  TUESDAY, 22 JUN 2010
... points. HONG KONG - Hong Kong shares ended higher on Monday after the Chinese government said it would make the yuan exchange rate more flexible. The benchmark Hang Seng index closed up 625.47 points, or 3.08 per cent, at 20,912.18 points. Turnover was ...

A stitch in time

BENJAMIN ONG  |  MONDAY, 21 JUN 2010
... markets. Positive speculation abound after the People's Bank of China (PBOC) posted the "Further Reform the RMB Exchange Rate Regime and Enhance the RMB Exchange Rate Flexibility" statement on its website over the weekend. You could almost smell the ...

Rambo

BENJAMIN ONG  |  THURSDAY, 20 MAY 2010
... instead of the economy, to bear the brunt of the adjustment. Think Japan and how it constantly jawbones the yen exchange rate lower. So what if the euro reaches parity with the US dollar? So what if it falls below parity? This could only be helpful especially ...

Euro downs Supermodel

BENJAMIN ONG  |  TUESDAY, 18 MAY 2010
... Bundchen Joins Hedge Funds Dumping Dollars" was Bloomberg's headlne back on 5 November 2007. She may have suffered an exchange rate loss but at least she's still got her pretty face. But what about those central bankers? They don't have sexy figures ...

Cuscal opens FX payment platform

PRESS RELEASE  |  WEDNESDAY, 12 MAY 2010
Cuscal has teamed up with J.P. Morgan to provide its retail financial institution clients with a platform to assist with the payment and receipt of foreign currency. The wholesale transactional services provider, which services the majority of Australia's ...

Flip-flop

BENJAMIN ONG  |  FRIDAY, 26 MAR 2010
... bank - the Bundesbank - refused to budge on monetary policy that eventually led to the break-up of the old European Exchange Rate Mechanism (ERM) -- the precursor to the euro. The saga continues.

In a better place

BENJAMIN ONG  |  MONDAY, 22 MAR 2010
... the greenback. Why? The lower price of the commodity - whatever commodity it is - would be offset by the higher exchange rate of the US dollar. Australian export earnings would be the same when translated into Australian dollars. Lower oil prices? Australia ...