The markets know that governments have limited reserves of currencies and cannot intervene indefinitely.
Whereas the stockmarket is very open, capital controls govern the flow of foreign funds into the debt market and limit the use of currency derivatives.
Any day at Wembley, disconsolate Finns can be seen standing about outside the swimming pool hawking tickets for blocks of seats their teams bought before the Finnish government limited the amount of currency it would allow to be used for transporting people to England.
After all, these companies all have very sophisticated treasury operations, which hedge foreign currency exposure to limit the impact of currency swings even when they move in favor of producing superior dollar-based earnings.
Note that many Asian stocks trade in "board lots," or minimums (100 shares, for example, on the Thai exchange) that may differ from "round lots" in the U.S. If you place limit orders, beware of currency fluctuations that can lock you out of a trade.
Using only one type of currency limits the user's spend flexibility.
Using coins instead of currency would help limit the amount of money younger users have access to.
In place of the austerity meted out by his predecessors, he would use some unorthodox measures to coax growth from a moribund economy, stretching the limits of the country's rigid currency-board scheme, which pegs the peso at par to the dollar and requires the money supply to be backed by hard currency.
The trader, David Bullen, who was suspended as head dealer of currency options on Tuesday, said the bank knew the team exceeded trading limits.
The depletion of currency reserves?
