Sentences with phrase «value against major currencies»

With improving employment figures, higher domestic production of commodities and a rise in levels of consumer confidence, the dollar rose in value against major currencies around the world, climbing to $ 1.49 against the pound in the first half of 2015.

Not exact matches

Measured against a basket of currencies, it has gained about 17.5 percent in value since the inauguration, more than any other major currency.

This prompted a drop in value for the pound against the US dollar and most other major currencies, with the US dollar experiencing a sharp spike $ 1.36 per pound by January 2009.

He submitted that this singular act will «reduce pressure on naira and eventually increase value of naira against other world major currencies.»

They are also worried that despite the huge crash in value of the Naira against world's major currencies, CBN maintained its official rate at N197 / USD1 thereby creating wider parallel market margin of about 50 per cent, the highest so far in the history of Nigeria's currency market.

If the dollar gets much lower against the major currencies of our world, I would expect to see some currency intervention to try to raise the value of the US dollar.

In my opinion, there are three major pros when it comes to gold investment: (1) It is a quality hedge against a down market, (2) it will still have value if paper currency inflates, and (3) there is an apparent upside to its value vs. prior years.

Oil shock: Analysts say the loonie has lost value against the American dollar and a number of other currencies because of the big fall in oil prices, since the commodity is of major importance to the Canadian economy.

As a reminder, in the event that the dollar continues to strengthen against most major currencies, the forward currency contracts in our hedged funds, the Tweedy, Browne Global Value Fund and Tweedy, Browne Value Fund, should continue to provide significant protection against foreign currency declines.

Volatility in currency markets could cause problems because Beijing sets the value of the yuan against a basket of the currencies of its major trading partners.