Sentences with phrase «fixed currency exchange rates»

The «birth» of the stock exchange is said to have happened in 1585 when fair merchants decided to establish fixed currency exchange rates.

Not exact matches

Iran's government has fixed the exchange rate of the national currency, after it lost 20 % against the dollar in two weeks.

A fixed exchange rate is when a country's currency doesn't vary according to the forex market.

Once we clear this hurdle the BTC exchange rate to the US Dollar might be less relevant as merchants would then fix prices in a more stable currency.

Fidor TAP Debit Mastercard considers the daily foreign currency exchange rate variations in the market and therefore there's no fixed exchange rate.

In his role as assistant fund manager he transferred to Aberdeen's Singapore office in 2004 to facilitate the incorporation of Asian fixed income into global bond portfolios, before joining the Asian fixed income team in 2005 to focus on Asian local currency interest rate and foreign exchange strategy.

One cash flow is generally fixed, while the other is variable, that is, based on a a benchmark interest rate, floating currency exchange rate, or index price.

FCNR Account: (Foreign Currency Non Resident Account): To park your overseas earnings in Foreign Currency Fixed deposits account and mitigate the risk of exchange rate fluctuations.

More specifically, pegging allows a country's currency to be exchanged at a fixed rate with a single or a specific basket of foreign currencies.

As the prefix suggests, the interbank market is «between banks,» with each trade representing an agreement between the banks to exchange the agreed amounts of currency at the specified rate on a fixed date.

Such adjustable pegged exchange rate is supported on a certain fixed currency level with respect to another one.

A pegged exchange rate means the country's currency is fixed at a rate pre-determined by the government.

That system, hashed out by forty - four nations in Bretton Woods, New Hampshire, during July 1944, provided for a fixed rate of exchange between the currencies of the world and the US dollar, and the US dollar was linked to gold.3

A currency future, also known as an FX future or a foreign exchange future, is a futures contract to exchange one currency for another at a specified date in the future at a price (exchange rate) that is fixed on the purchase date; see Foreign exchange derivative.

The local currency is the Belize dollar which is tied to the US dollar at a fixed exchange rate of US $ 1.00 = BZ $ 2.00.

By paying for a transaction using bitcoin, one does not even have to be bothered with currency exchange rates, as there is a fixed rate for all regions.

The rates of exchange, as such, will fluctuate, while the currencies of exchange — ideas and culture — remain fixed.»

Cryptocurrency to fiat currency exchange is much more profitable compared to other exchange markets and services due to fixed rates, low commissions and the absence of hidden fees.

But because gold arbitrage incurred costs, exchange rates between different countries» fiduciary currencies were not fixed but were limited to a range around their par values.