This term means the capital issues in which the par value and size of percents are expressed in US dollars, and the amount of paying off the liabilities is recounted
against the exchange rate of the USD to another foreign currency.
This allows both parties to effectively lock in an exchange rate for a given time period (a month in the case of the iShares ETF) and therefore protect
themselves against exchange rate fluctuations in that period.
Not exact matches
One is the
exchange rate of the dollar
against various currencies.
For this week's Trader Poll, tell us which of these currencies would hit a one - to - one
exchange rate against the dollar.
Iran's government has fixed the
exchange rate of the national currency, after it lost 20 %
against the dollar in two weeks.
But Siracusano of WisdomTree reminds U.S. - based investors that
exchange -
rate fluctuations could erode returns if, say, the euro plunges further
against the dollar.
This Thursday, New Zealand Governor Graeme Wheeler repeated his warning that the kiwi
exchange rate — which hit a three - year peak
against the dollar in July — was unsustainable and unjustified.
The Cboe also settles its futures
against a daily price auction from Gemini, while the CME uses its own bitcoin reference
rate which tracks several cryptocurrency
exchanges.
But many still make monetary policy subject to the overriding objective of limiting the variability in the
exchange rate against their major trading partners.
To the extent there is «co-ordination» it will be accidental, as a result of similar activities by various countries directed towards managing
exchange rates against the US dollar — with an eye, of course, on what their neighbours are doing.
Given the movements in interest
rates in the past year along with the dollar's fall it is reasonable to estimate that expectations of
exchange rates of the dollar
against the euro 10 years from now have fallen by perhaps 15 per cent.
The CEER index is a weighted average of bilateral
exchange rates for the Canadian dollar
against the currencies of Canada's major trading partners.
In early afternoon inter-bank trading, the shekel - dollar
exchange rate is up 0.69 %
against the dollar at NIS 3.6127 / $ and up 0.21 %
against the euro at 4.348 / $.
The government also has pumped vast sums of money into these banks by letting them speculate
against the central bank's futile attempts to defend the ruble's
exchange rate, a policy whose main effect has been to subsidize capital flight.
«The leg - up in the US 10 - year yield since April 18 has lifted the US dollar and caused most of the major - economy
exchange rates to decline, and test the lower - end of their recent ranges
against the US dollar,» he noted.
The effect was to depress the value of foreign currencies
against the dollar, supporting its
exchange rate and hence the U.S. terms of trade.
This kind of money has been made by speculating on Brazilian, Indian and Chinese securities and those of other countries whose
exchange rates have been forced up by credit - flight out of the dollar, which has fallen by 7 %
against a basket of currencies since early September when the Federal Reserve floated the prospect of quantitative easing.
Currency strategists gave weaker
exchange rate forecasts for major emerging countries such as China, Brazil, South Africa and Turkey in the monthly survey, pointing to a sixth straight year of dollar gains
against most high - yielding currencies.
These paybacks have pushed up the yen's
exchange rate by 12 %
against the dollar so far during 2010, prompting Bank of Japan governor Masaaki Shirakawa to announce on Tuesday, October 5, that Japan had «no choice» but to «spend 5 trillion yen ($ 60 billion) to buy government bonds, corporate IOUs, real - estate investment trust funds and
exchange - traded funds — the latter two a departure from past practice.»
Even though the dollar has raced to 14 - year highs
against a basket of currencies in the wake of the Fed meeting, only a slim majority - 52 percent of poll participants who expressed a view - thought the euro / dollar
exchange rate would break below parity in 2017.
In early afternoon inter-bank trading, the shekel - dollar
exchange rate is down 0.29 %
against the dollar at NIS 3.5796 / $ and down 0.39 %
against the euro at 4.3584 / $
For example, from: 1) the replenishment of foreign
exchange buffers large enough to protect the economy
against a protracted shock; 2) a significant reduction in government debt metrics; 3) a successful diversification of the economy and government revenues that will become less dependent on oil receipts; 4) continued improvements in governance and institutional strength which act as long — term constraints on Angola's
rating.
Accordingly, fluctuations in foreign currency
exchange rates, most notably the strengthening of the U.S. dollar
against the
These opposing moves unsettled
exchange rates, with the dollar appreciating
against most other currencies.
Our financial position, as expressed in pounds sterling, is exposed to movements in foreign
exchange rates against the U.S. dollar and the euro.
The confidence in Bitcoin may break as a result of unexpected changes such as: unfavorable legal regulations, banning electronic legal tenders, introducing the prohibition on trading in virtual currency in specific areas, imposing high taxes, creating competitive alternative currencies, deflation, and other factors which may significantly affect the shaping of the
exchange rate of Bitcoin
against other currencies.
The policy framework of the MAS is focused on managing the Singapore dollar's nominal effective
exchange rate (NEER), or the trade - weighted
exchange rate,
against an undisclosed basket of currencies, rather than interest
rates.
The Japanese yen also firmed up
against the dollar, with the USD / JPY
exchange rate briefly falling below 112.00.
The
exchange rate has declined recently and is now around 9 per cent below its mid-February peak
against the US dollar; in trade - weighted terms it has fallen by a smaller amount, as some of the fall
against the US dollar has been a reflection of recent US dollar strength.
Following the release of National Accounts data, however, which were a good deal stronger than expected and prompted many analysts to conclude that their earlier assessments of a slowing in the economy had been overstated, the
exchange rate moved higher
against all currencies.
Glaxo Smith Kline held its payout steady, my dividend income increase was due to the reinvestment of the quarterly dividends and here again, unfavourable
exchange rates had a slightly negative growth impact (the GBP is lower
against the CHF).
The Korean won rose 10 per cent
against the US dollar in the December quarter despite the reduction in Korean policy
rates, weaker economic data and
exchange rate intervention.
Using the European Currency Unit (the precursor to the euro) as a proxy, the bilateral
exchange rate against the euro area was the lowest since 1992, when it reached the equivalent of 1.45.
Most of the Asian economies with freely floating currencies have experienced some
exchange rate falls
against the US dollar in recent months.
In each of these countries, the decision to leave interest
rates unchanged in part reflected an assessment of the potential impact of the appreciation of their
exchange rates against the US dollar over 2004.
According to IMF estimates of the real effective
exchange rate, the competitiveness of the French manufacturing sector has deteriorated by 12 %
against Germany since the debt crisis hit in 2010.
With oil at $ 90 / bl, we also estimate an average annual
exchange rate close to 41 rubles
against the dollar.»
Judged by other measures of the
exchange rate designed to capture competition with imports or
against export competitors, it has shown a small increase in competitiveness.
It's been a year since China surprised the world by allowing greater flexibility in the renminbi
exchange rate, resulting in its drop in value by a record 1.9 percent
against the US dollar.
Some firms linked this to the recent strengthening of the euro
exchange rate, especially
against the US dollar.
But the amount going out in the past several weeks was obviously large enough to depress the value of the local currency
against the US dollar to which it is pegged under the linked
exchange rate system.
In some ways, Bitcoin is just another currency: it has an
exchange rate against other currencies, it can be bought, sold and it can be used to pay for things online.
The
exchange rate against the US dollar peaked at US68.5 cents in early July, but it subsequently came down quite sharply, falling by almost 4 cents in the middle of the month, and has shown little net change since.
Exchange rates in Latin America, like those in Asia, have not changed much
against the US dollar in recent months, so monetary conditions there have also eased noticeably.
The bulk of this has been due to the
exchange rate against the Japanese yen, as the yen has fallen sharply on world markets, including a fall of about 50 per cent
against the US dollar from its peaks in mid 1995.
Nonetheless, the
exchange rate movement
against the major currencies must overstate the net impact of the recent currency movements because it does not take account of Asian producers» ability to reduce their prices.
A number of manufacturers noted that
exchange rate depreciation
against the U.S. dollar had boosted new business intakes from export clients.
Our
exchange rate against the US dollar and the currencies of most of our trading partners has shown little net change over the past year, and the rise in the trade - weighted index in recent months has been due mainly to the weakness being experienced by the Japanese yen.
Against this background, Asian authorities have continued to intervene in foreign
exchange markets, though less strenuously than was the case in mid 2004 when upward pressures on regional
exchange rates were also very strong.
More generally, the
exchange rate has been steady, or has fallen,
against the currencies of countries accounting for two - thirds of Australia's trade.