Exchange Rate in a sentence

Contemporary notes Exchange rate Historic exchange rate against the Euro The exchange rate of the Swedish krona against other currencies has historically been dependent on the monetary policy pursued by Sweden at the time.

Central banks intervene in the foreign exchange market to reduce volatility in the exchange rate and often to build foreign exchange reserves or to manage these reserves.

Because a nation's exchange rate has a big impact on its 'balance of trade' and its 'balance of payments', many economists favour freely floating exchange rates over the older, fixed (or pegged) rates of foreign currency exchange.

In practice, the CBoC monetary policy is guided by an inflation targeting regime, while the foreign exchange policy is led by a floating exchange rate and, although unusual, the bank reserves the right to intervene in the foreign exchange markets.

Under this system, many countries fixed their exchange rates relative to the U.S. dollar and central banks could exchange dollar holdings into gold at the official exchange rate of $35 per ounce; this option was not available to firms or individuals.

Steps taken toward a more unified and flexible exchange rate are also important and unification of the exchange rate should be expedited.

The central bank affixed the exchange rate at US1:ZW$25 in March, abandoning the market determined exchange rate, a move which drew condemnation from stakeholders of various sectors, including farming and mining companies.

Some of the world’s strongest currencies, such as the US dollar and euro, are traded openly in the market: If a buyer and seller agree on the exchange rate, they are free to exchange money at whatever rate they choose.

The governor said exchange rate too is important as the demand and supply situation is kept in view while formulating an exchange rate policy.

Hi Blink I know the international exchange rate between Birr and Nakfa; My question was what is the local exchange rate?

But in addition, the government's policy of holding to a fixed nominal exchange rate, in an increasingly inflationary context, allowed the real exchange rate to fall steadily from 1969 to 1975.

Exchange rate The exchange rate between the U.S. dollar and the Vietnamese dong is important because the dong, although not freely convertible, is loosely pegged to the dollar through an arrangement known as a " crawling peg ".

For example, at 100 dB (nightclub music level), a 3 dB exchange rate would limit exposure to 15 minutes; the 5 dB exchange rate allows an hour.

The exchange rate of the kwacha undergoes fixed periodical adjustments, but since 1994 the exchange rate has floated.

The fixed exchange rate was abandoned in favour of the floating exchange rate in July 2005, hours after China announced the same move. citation At this point, the Ringgit was still not internationalised.

We estimate the real effective exchange rate to be such that the parallel rate should converge to our estimate of 115% (implied rate 1—2,15) should fundamentals come into play,” IH Securities said in its latest report.

This essentially means that the inflation rate in the fixed exchange rate country is determined by the inflation rate of the country the currency is pegged to.

Exchange rate policy should focus on rebuilding foreign exchange reserves.

He plans to simplify the exchange rate regime but discontinue multiple exchange rates.

The Debentures will be convertible at the holder's option into approximately 21.97 million common shares of NexGen (the " ") (at current exchange rates, with the actual number of Common Shares dependent on the exchange rate at the time of conversion).