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Germany's visible-trade surplus shrank to $3.7 billion in May; its 12-month surplus fell to $71.9 billion, the lowest for almost a year.In this section STOCKMARKETS MONEY AND INTEREST RATES BACKING BIOTECHNOLOGY TRADE, EXCHANGE RATES AND BUDGETS Reprints Related topics Business The dollar Foreign exchange Financial markets.
It is sufficient to remind ourselves of the need to circulate the significant U.S. dollar foreign exchange reserves in China and the structural liquidity challenges in the U.S. market, among other factors.
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National Australia Bank is still recovering from a 360 million Australian dollar foreign exchange-trading scandal.
Policy makers can do only so much to control such trends, especially in the multitrillion-dollar foreign exchange market.
But a result of this decision is volatility in the value of the dollar in foreign exchange markets.
"The strength of the dollar in foreign exchange markets means that we are channeling more of our demand into imports," said Richard B. Berner, chief United States economist at Morgan Stanley Dean Witter.
And the decline in the value of the dollar on foreign exchange markets helped investors in international funds, which turned in a stellar performance.
Growing City jitters about the prospect of a hung parliament and signs of weakness in the key manufacturing sector prompted sterling to hit a five-year low against the dollar in foreign exchange markets on Friday.
Courtly intrigue The futility of coca eradication Reprints Related topics World Bank The dollar Business Foreign exchange CubaBut for the economy at large what looks like a relatively simple book-keeping exercise could have devastating consequences, because there is a parallel exchange rate, mostly hidden from the public, that is used in accounting by state-owned firms and foreign joint ventures.
In July 1991, the rupee eventually fell by more than 32% against the US dollar after foreign exchange reserves were depleted, so government interventions to prop up the currency were no longer possible.
If it's the weakness of the dollar in foreign exchange markets that is the issue, you could simply make sure that the international stock funds you own don't hedge currency exposures.
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