6152 Importers' own foreign exchange

They are resisting appreciation through foreign exchange intervention and capital controls.

Europe also became nervous after the euro exchange rate rose to more than 1.40, far beyond the purchasing power parity (PPP) rate of 1.17.

Exchange rate of assessed contributions paid in US

This is not to say that the renminbi s exchange rate is a secondary issue.

But the Swiss reported losses of 14 billion francs in the first half of 2010, without succeeding in stemming exchange rate appreciation.

For countries seeking re entry into international financial markets after the debt crisis, higher real interest rates and a stable exchange rate were prerequisites.

But such an insignificant rate hike will do little to relieve long term pressures, because investors will expect more rate hikes and move money into China, increasing upward pressure on the yuan s exchange rate.

They can t lower the exchange rate to aid exports.

The Chinese government, acting through the People s Bank of China, determines the renminbi s exchange rate.

An independent monetary policy requires a flexible exchange rate, not a revaluation.

And all countries can t depreciate their exchange rates at the same time.

A huge influx of capital could lead to a significant appreciation of the peso s exchange rate, causing an increase in Mexico s currently very attractive labor costs.

The new PPP data also have implications for evaluating the extent of poverty and the level of a currency s exchange rate.

NEW YORK The battle with the United States over China s exchange rate continues. When the Great Recession began, many worried that protectionism would rear its ugly head.

BEIJING The exchange rate of the renminbi has once again become a target of the United States Congress.

After all, a currency s exchange rate is not determined only by economic fundamentals.

In managing their exchange rate, they have gotten it exactly right.

The yen s weakening will mean higher import costs, and therefore a higher rate of inflation. An aggressive BOJ policy of money creation could cause further weakening of the yen s exchange rate and a rise in domestic prices that is more rapid than what Abe wants.

That structural shift, in combination with the renminbi s strengthening effective real exchange rate relative to the dollar, owing to inflation and rapidly rising wages in export sectors, offers hope that China s surplus will fall.

First, FX is all about relative prices if the dollar appreciates some other currency must depreciate.

As for China s renminbi, it is still supported by a highly political exchange rate regime.

Some argue that China needs to adjust its exchange rate to prevent inflation or bubbles.

This is why the traditional US stance has been It is our exchange rate, but your problem.

The Chinese could abolish capital controls and let the renminbi s exchange rate float.

The renminbi s exchange rate, then, is really a secondary factor in China s external account.

Almost surely, Mauritius, too, will have to intervene.

Still others dismiss the change in Chinese exchange rate policy as beside the point.

A higher rate of expected inflation would also cause the total nominal rate to be greater than 5 .

And the euro s appreciation against the dollar from 2002 until very recently meant that the shift in the CFA franc s exchange rate peg from the French franc to the euro caused a repeat of that scenario.

There was no automated exchange rate control over transactions coming from field offices, which entails a risk of posting the wrong exchange rate.

There was no automated exchange rate control over transactions coming from field offices, which entails a risk of posting the wrong exchange rate.

The three percentage point difference implies that the real inflation adjusted renminbi dollar exchange rate rose 9 over the past year (i.e., 6 nominal appreciation plus the 3 inflation difference.)

A world in which every country wants a weaker exchange rate is not without precedent.

Any change in the exchange rate of the dollar affects the purchasing power of these countries, and therefore their real income.

Apart from the ongoing euro crisis, a stable renminbi dollar exchange rate is the key to renewed (dollar) exchange rate stability throughout Asia and Latin America as envisaged in the original 1944 Bretton Woods Agreement.

These changes are likely to make today s attempts to find an equilibrium yuan dollar exchange rate seem just as chimerical in hindsight as previous calculations of the yen dollar equilibrium rate.

A barrel of oil might still cost 90, but a 10 increase in the renminbi dollar exchange rate reduces the renminbi price by 10 .

For the eurozone, it implies a strong exchange rate vis à vis the dollar (and, by implication, the yen, as the Bank of Japan closely monitors the yen dollar exchange rate).

BEIJING China is getting its exchange rate adjustment whether it likes it or not.

What China needs is a more flexible exchange rate that can respond freely to market forces.

Average exchange rate of the NIS was 4.086 and 4.49 to the dollar in 2000 and 2004, respectively.

When the euro was launched, the US dollar euro ( ) exchange rate stood at 1.16 1.

The new data, by contrast, show that the exchange rate of the renminbi relative to the dollar is about right.

If so, there would be no need for China to worry about even a large jump in the renminbi s exchange rate.