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Given the dramatic changes in the global economy marked by the rise of the emerging world, it is hard to imagine that prevailing currency alignments can survive.
Turner speaks to corporate customers every day, and reports that many are trying to "lock" themselves into the prevailing currency rates today.
In a world where sex is the prevailing currency, this makes feminine gay men worthless.
Can 2017 be the year that Israelis and Palestinians find common ground and create an ecosystem in which peace is the prevailing currency, or will, in the shadow of a new American president, the United States be simply a bystander--a passive observer to another period of division and hostility in a part of the world that affects our security and where prosperity could prevail.
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At the prevailing foreign currency exchange rate of 1 US$ to MK 137, the total tuition per student for the whole 8 years would be = 8 years × 3 terms × MK 15,000 = MK 360,000 i.e. US$2627.733.
An inflation of the copper currency, prevailing since the age of Constantine, finally ended with welcome results for those members of the lower classes who conducted their operations in the base metal.
But it also provides a more subtle wisdom: that the prevailing means of exchange (currency) need not be the best store of wealth, and the best store of wealth need not be the prevailing means of exchange.
Under that program, the Fed provided dollars to central banks in exchange for an equivalent amount in foreign currency, based on prevailing exchange rates.
The prevailing near parity between the two currencies hurts Canadian exports, slows growth and hampers job creation, even though the country's resources sectors remain competitive.
There is nothing sophisticated about the alleged fraud: clients looking to buy or sell FX from bank trading desks agreed to price currency deals at the price prevailing at 4pm London time, regardless of when the order was placed.
For purposes of international comparison, the GDP values are converted at the prevailing exchange rate to a common international currency such as the US dollar.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com