Exact(2)
Nonetheless, some temporary rise in volatility is probable.Monetary union might even make currencies more volatile permanently.
Higher interest rates tend to make currencies more attractive to foreign investors and the rouble rose against the dollar in the wake of the surprise announcement.
Similar(58)
The bank should continue to make currency.
Nonetheless, he is expected to make currency a priority this weekend.
Words like that make currency traders nervous.And so they should be.
Either event would make currency markets jittery at the very time the single currency is meant to stabilise them.Mr Lamfalussy's plan also has troubling flaws.
On the American side, a struggling economy is forcing the Obama administration to make currency valuation and market liberalization top priorities.
"Although we have no intention to monetise, it is the right of a sovereign issuer to make currency," says Mr Omura.
So how do you make currency prices change in the way you want?
iBanFirst wants to make currency conversion as easy as transferring money from your savings account to your current account.
Lawmakers have been calling for the administration to make currency manipulation part of TPP at least since 2013, to no avail.
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