In an ideal world, you would exactly know your spending mix in all the currencies you consume, and would then report your portfolio's
value against that currency mix — for you let's call it the Wex.
Not exact matches
More and more, people are judging the
value of the products they buy
against not one, but two
currencies: money, and the effort it's going to take to get the damned things home.
Their declining
currencies against the dollar (8 - 9 percent over the past 12 months), falling stock market
values since the beginning of the year and high (India) and rising (Brazil) bond yields are reflecting their funding difficulties.
As a result, the
value of the Russian
currency, the ruble, has deteriorated by 30 %
against the dollar so far this year, routinely hitting new record lows along the way.
Although Bernanke denies it, the Fed's money - printing naturally depressed the
value of the greenback
against other important
currencies, such as the euro and yen.
Meanwhile its
currency, the ringgit, has hit levels seen since the 1998 Asian Financial Crisis and lost as much as 28 percent of its
value against the U.S. dollar from the beginning of the year through the end of September.
«We should be looking to reduce the
value of the dollar
against other
currencies,» he tells Inc. «This would improve the competitive position of U.S. goods and services.»
Thanks to their country's managed
currency rates, Venezuelans are now pulling off epic scams as the
value of the dollar spikes
against the bolivar on the black market, Reuters» Girish Gupta and Andrew Cawthorne report.
The Bank of Canada is not among the nervous nellies fretting about the 8 % increase in the
value of the Canadian dollar
against the U.S.
currency since late January.
So shared Wong's sentiment on apparent ineptitude among Chinese officials, suggesting that the PBoC's decision to fix the yuan lower
against the dollar in recent days had given the impression the central would not defend the
value of the
currency for the time being.
In the latest week they reduced the
value of their short dollar position
against a range of developed and emerging
currencies by $ 4.38 billion to $ 23.81 billion.
The
value of one bitcoin fluctuates
against other
currencies in the same way the euro's
value fluctuates
against the dollar.
While the US dollar's
value against other
currencies influences the price of oil, the relationship is complicated.
XRP, which is a virtual
currency that is traded
against the U.S. dollar on cryptocurrency exchanges online, has soared in
value to $ 0.20 since the companies entered the options agreement, according to CoinMarketCap.com.
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.
«The Chinese government is set to announce a revision of its
currency policy in the coming days that will allow greater variation in the
value of its
currency, combined with a small but immediate jump in its
value against the dollar, people with knowledge of the consensus emerging in Beijing said Thursday.»
However, fluctuations in the
value of the
currency against the U.S. dollar could result in loss of principal.
And with the British Pound losing so much
value against other
currencies, trade among countries will be dramatically affected.
But since bitcoin has become a store of
value as a hedge
against a falling yuan, the «digital gold»
currency could continue on its upwards trajectory.
Both the New York Times and the Financial Times, citing confidential sources, reported today that the Chinese government may announce a significant shift in its
currency policy in the coming days, a move that could cause the Chinese yuan to rise in
value against the dollar.
The gain or loss is calculated
against the market
value of the
currency when you acquired it (known as your basis).
By storing its surplus export revenues in Treasury bonds, South Korea nudges up the relative
value of the dollar
against our competitors»
currencies, and our trade deficit increases, even though the original transaction had nothing to do with the United States.
Measured
against a basket of
currencies, it has gained about 17.5 percent in
value since the inauguration, more than any other major
currency.
The question is whether people can
value those different
currencies against one another in order to determine what their
value would be.
Previously, the central bank assigned a
value to the
currency each morning, allowing its
value against the dollar to rise or fall by a maximum of 2 percent.
The country makes sure that its
value against the dollar, or other important
currencies, remain the same.
That downward pressure prompted the Swiss National Bank last week to abandon its effort to cap the
value of its
currency against the euro.
When the dollar rises in
value against other
currencies, gas prices fall.
It pegs its
currency (the yuan), to a targeted
value against the 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.
According to this theory, if, for example, the U.S. inflation rate is higher than the Canadian inflation rate, then the purchasing power of Americans will erode compared to that of Canadians, and the
value of the U.S. dollar
against the Canadian dollar will be adjusted in the markets to balance the purchasing power of the two
currencies.
In inflation - adjusted terms, the
value of the Australian dollar is at a record level
against a trade - weighted basket of east Asian
currencies, with a number of these
currencies having depreciated markedly at the time of the Asian crisis, and again more recently (Graph 69).
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.
(Throughout history, gold has held its
value against paper
currencies.
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.
Behind its rise is also a desire by global investors to insulate themselves
against their own
currencies depreciating in
value.
It could cause the euro to rise in
value against other
currencies, potentially hurting exporters, and it could bring higher returns on savings as well as stiffer borrowing costs for indebted governments in the 19 - country eurozone.
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.
We all want stability, which in financial terms means illiquidity [Editor's Note: «Illiquidity» refers to assets not easily transferred to
currency, a property that can protect
against» volatility» — rapid, radical swings in
value].
Accordingly, «standard» came to mean something that was fixed, such as the specific weight for an official coin or the unchanging
value of a precious metal
against which the
value of paper
currency could be compared.
The index hedges
against fluctuations between the
value of the U.S. dollar and the
currencies in which the stocks are denominated.
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 times of economic turmoil, gold has always served as a hedge
against the decreased
value of stocks or
currency.
Currency exchange risk: The risk that the value of an investor's domestic currency may drop against the value of the currency in which an investment
Currency exchange risk: The risk that the
value of an investor's domestic
currency may drop against the value of the currency in which an investment
currency may drop
against the
value of the
currency in which an investment
currency in which an investment is held.
Those fluctuations can clobber a U.S. investor's returns, especially when a
currency drops in
value against the 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.
A deep ITM
currency option (FX option) where the strike
currency has a lower interest rate than the
currency to be received will often be exercised early because the time
value sacrificed is less valuable than the expected depreciation of the received
currency against the strike.
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.
If all Eurozone nations collectively give up on the Euro, and it ceases to exist, after a period where national
currencies float
against the Euro to determine breakup
value, that would be a good thing.