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  1. A question of currency

    Posted Sep 16th 2008, 12:00am by Duncan Freeman

    ... Duncan Freeman Borrowing in a foreign currency is often an option for real estate buyers seeking a mortgage at an interest rate lower than they could get in their domestic currency. While there has been some foreign currency borrowing by Spanish investors, this has been more limited. The attraction of a foreign currency loan depends largely on the interest rate differential. ...

  2. European Union to seek action on rising trade, currency imbalances

    Posted Nov 13th 2007, 12:00am by Tom Miller

    ... to cut into the trade surplus,' said Ben Simpfendorfer, chief Asian strategist at RBS. The weakness of the yuan against major European currencies was a major reason why the EU had become ...

  3. Business - Money

    Dollar, euro gain in Asian trade after China PMI

    Posted Nov 01st 2012, 01:59pm by AFP

    ... currencies. It firmed to 1,090.63 South Korean won from 1,090.50 on Wednesday, to 30.72 Thai baht from 30.69 baht, and to 9,629 Indonesian rupiah from 9,623 rupiah, while staying unchanged T$29.23. ...

  4. Most people still spending freely, survey finds

    Posted Aug 11th 2009, 12:00am by Celine Sun

    ... Celine Sun The gloomy economy seems to have made little difference to Hongkongers' daily spending habits. Almost 80 per cent still spend the same amount on daily necessities as they did before the economic slowdown hit, and more than half continue to ...

  5. Outlook for HK dollar not as black as painted

    Posted Oct 06th 2008, 12:00am by Tom Holland

    ... will drive the US dollar to new lows on the foreign exchange markets. That's a daunting prospect for the city, which pegs its currency to the US dollar. A sliding dollar would either drag Hong Kong's currency down with it, igniting double-digit inflation, or it would precipitate the end of the 25-year-old peg, exposing Hong Kong's economy to a whole new era of turbulence ...

  6. Don't jump to conclusions about yuan

    Posted Jan 17th 2012, 12:00am

    ... rather than foreign currency translation changes, and if the current account for the year is roughly what the reported trade balance in merchandise goods suggest it to be, then a record net ... perhaps more appropriately stated, a period of weakness for the euro and some other major currencies. It comes to the same thing. And this introduces the big question. How much of China's ...

  7. The ideal union eludes Europe, 10 years on

    Posted Jan 06th 2012, 12:00am

    ... A single currency was the most dramatic step taken towards what surely one day will be a single political entity. War, time and time again, has interrupted the pursuit of that objective. Continued ... that make a single currency possible today and political union a tangible, if still hotly debated, goal tomorrow. The fact is that through changing fashions, through wars big and small, the idea ...

  8. quiztime

    Posted Jan 14th 2008, 12:00am by Staff Reporter

    ... Pick the right answers 1 A devaluation is: a When the government decides to lower the value of its currency b When the exchange rate of a currency tends to go down c When the exchange rate has reached zero 2 When the value of a currency is getting higher, we say that it: a re-evaluates b appreciates c increases 3 A spot rate: a The exchange rate as it is traded right now ...

  9. Could the US dollar really collapse 33pc in a single day?

    Posted Nov 21st 2011, 12:00am

    ... But for the inhabitants of Hong Kong, much of whose wealth is tied to the US currency through the city's exchange rate peg, the thought of a US dollar crash is deeply unsettling. Reading The Fat Years, ... But stocks are one thing, you might argue. They can crash in isolation. Currencies are a different matter. Exchange rates are relative prices, which means for a currency to crash, it must collapse ...

  10. French bank chief targets London’s euro status

    Posted Dec 03rd 2012, 09:37am by AFP

    ... Agence France-Presse in London Britain should relinquish its status as the euro’s financial hub in order to give eurozone members more control over the single currency, France’s central ... own currency.” Noyer said he was not opposed to London conducting euro business but that ”the bulk of the business should be under our control.” Britain fears that eurozone members ...




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