Especially, if you come from a country
whose currency exchange rates significantly reduce -LSB-...]
Not exact matches
That's a tough challenge for small companies
whose foreign -
exchange transactions are typically not large enough to qualify for the low - cost «Interbank
Rates» reserved for
currency swaps of more than $ 5 million.
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.
Domestic inflationary pressures, associated with higher wages and incomes, will lead to higher inflation for non-tradable goods and services but, at the same time, the gradual pass through of the initial
exchange rate appreciation will lead to lower inflation for tradable goods and services (
whose prices in foreign
currency terms depend to a significant extent on global considerations).
Plenty of countries outside of Western Europe offer an
exchange rate more forgiving toward the dollar — in particular, countries
whose currencies are somewhat pegged to the dollar, such as those in the Caribbean as well as those in Eastern Europe and Asia.