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  • September 22, 2014
  • Last updated: 2:28pm
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  1. Business - Comment - THE WEEK EXPLAINED

    History shows intervening in currency crises is not the only solution

    Posted Mar 25th 2013, 12:00am by Stephen Vines

    ... of 1997 when the Thai government decided to devalue its currency. The ripple effects of this move were quick to engulf other East Asian states, having a seemingly indiscriminate impact on weaker ...

  2. Business - Money - THE WEEK EXPLAINED

    The Week Explained: Low interest rates

    Posted Dec 10th 2012, 12:00am by Stephen Vines

    ... governments are competing aggressively to keep rates down to avoid an appreciation in the value of their currencies. This is good news for borrowers, assuming they can obtain loans in this tough ... of foreign currency deposits (because you need to take a view on their relative strength compared with the Hong Kong dollar) offers few alternatives. Among major currencies accessible through local ...

  3. Business - Money - THE WEEK EXPLAINED

    The Week Explained: Lessons learned from 2012

    Posted Dec 31st 2012, 12:00am by Stephen Vines

    ... in euros. Yet the euro has defied gravity and remained remarkably strong, not least against the kroner. Why? Well, I stupidly forgot that currencies are one of the few investments almost entirely ...

  4. Business - Money - THE WEEK EXPLAINED

    The Week Explained: Unintended Consequences

    Posted Nov 12th 2012, 12:00am by Stephen Vines

    ... smuggling as the incentive to bring in untaxed tobacco rises alongside the price. Then, more substantially, there is the currency peg, designed to preserve the stability and credibility of the Hong ...

  5. Business - Money - THE WEEK EXPLAINED

    The Week Explained: Media reporting

    Posted Jan 07th 2013, 12:00am by Stephen Vines

    ... financial news space. But the same strictures apply to other investments, particularly currencies that fluctuate in price over any given trading day. Individual traders get frustrated when they fail ...



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