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  • August 2, 2014
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Results 1 - 10 of 90083 for fixed exchange rate

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  1. Business - Commodities

    As silver fix decision nears, LME ties up with Autilla

    Posted Jul 11th 2014, 01:31am by Reuters

    ... "fix". Sources said the Autilla/LME proposal for an electronic system was up against a joint proposal from exchange operator CME and Thomson Reuters. The London Bullion Market Association (LBMA), ... of the fixing banks, had originally presented separate proposals. The exchange had said it would use its LMESelect electronic platform, which was already available to LBMA market-makers such as JP ...

  2. Fixed exchange rate to stay, says peg architect

    Posted Jan 13th 2005, 12:00am by Staff Reporter

    ... Nichole Chan The architect of the Hong Kong dollar peg does not believe the mainland will alter its fixed exchange rate system this year. 'There's not going to be any changes ... in the first half due to the widening deficit. He expects US dollar adjustments to be made against the yen, the euro and some commodity currencies. The fixed rate advocate also believes a change ...

  3. Business - Economy - EXCHANGE RATES

    What exchange rate policy?

    Posted Mar 10th 2014, 12:54pm by JOE ZHANG

    ... Joe Zhang Adherence to the status quo is the guiding principle for exchange rate officials on the mainland, where just muddling through trumps strategy Policy analysis overvalued Analysts ... pursuit, given that the so-called facts in much of the analysis are often completely divorced from reality. The mainland's exchange rate policy is a case in point. In the past decade, Beijing ...

  4. A silver lining in foreign exchange rates

    Posted Oct 12th 2008, 12:00am by Dan Kadison

    ... US interest rates are coming down. So my interest rate is already low and will get lower.' Three months ago, the businessman said, he would have needed US$390,000 to buy a home in Australia. Now- if the Australian dollar remains at Thursday's rate- he needs only US$276,000. Hongkongers may also see some benefit if they are thinking about travelling or shopping abroad. ...

  5. Business - Economy - SHIPPING

    Asian bulk capesize rates seen falling as ships exceed new cargo volumes

    Posted Jul 11th 2014, 01:31am by Reuters

    ... there were signs of an improvement in rates, Fearnley said in its weekly note. The Baltic Exchange's main sea freight index closed at 863 points on Wednesday, down from 890 a week earlier. ... bulk capesize rates Rates for capesize bulk carriers on key Asian routes will continue to fall next week as the number of ships available for charter outpaces the volume of new cargoes, brokers ...

  6. News - Hong Kong - GOVERNMENT SPENDING

    Every penny of HK$3 trillion Exchange Fund needed for ‘crises’, says HKMA chief

    Posted Jul 28th 2014, 04:31pm by Enoch Yiu

    ... Chan says every penny of HK$3tr Exchange Fund needed for ‘crises’ The head of Hong Kong’s de facto central bank has rejected calls from some lawmakers to use part of the city’s HK$3 trillion Exchange Fund to pay for infrastructure projects or social welfare. Norman Chan Tak-lam, the chief executive of the Monetary Authority, said the fund needs every penny to cope with unexpected ...

  7. Business - Banking & Finance - FINANCE

    Every penny of HK$3 trillion Exchange Fund needed for ‘crises’, says HKMA chief

    Posted Jul 29th 2014, 01:50am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com HKMA chief Norman Chan says not one cent of the HK$3 trillion reserve can be spared for government spending on welfare or infrastructure Exchange Fund 'vital in a crisis' The head of Hong Kong's de facto central bank has rejected calls from some lawmakers to use part of the city's HK$3 trillion Exchange Fund to pay ...

  8. Sino-Ocean targets record 30b yuan in sales

    Posted Mar 19th 2011, 12:00am by Yvonne Liu

    ... The central government's cooling measures in the property market have not stopped Sino-Ocean Land Holdings aiming for record contract sales of 30 billion yuan (HK$35.62 billion) this year, nearly 39 per cent more than last year. The developer's ...

  9. Business - Money - MARKETS

    Hong Kong's Exchange Fund turns around from loss to HK$50.5b gain in first half

    Posted Jul 30th 2014, 01:25am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com As fund that backs peg posts HK$50.5b gain in first half, HKMA looks to uncertainties abroad Caution greets Exchange Fund's investment bounce The Exchange ... and stocks. Last year, the fund suffered losses from bonds, Hong Kong stocks and foreign exchange. HKMA chief executive Norman Chan Tak-lam said in a statement yesterday that despite good results ...

  10. Wharf to push on with mainland property drive despite slowdown

    Posted Mar 24th 2011, 12:00am by Peggy Sito

    ... Peggy Sito Wharf (Holdings), which announced profits excluding property revaluation of HK$7.9 billion last year, said it might adjust down this year's mainland property sales forecast of 14 billion yuan (HK$16.6 billion) amid the slowing market. But ...




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