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They have probably been helped by more stable exchange rates.
A relatively stable exchange rate also enhances a reserve currency's economic attractiveness.
Eating in Taipei is not only delicious but affordable, thanks to the relatively stable exchange rate.
In countries prone to high inflation, a stable exchange rate helps to anchor prices.
He pointed to a stable exchange rate and increasing assets in the formal financial system as supporting his perspective.
But his raw material is imported, so a weaker zloty only reminds him that having a stable exchange rate would provide more predictable costs.
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The argument has been made that there are really only two stable exchange-rate systems: a freely floating rate, or the adoption (perhaps via a currency board) of another country's currency.
These criticisms do not mean that I have weakened in my advocacy of a managed currency or in preferring stable prices to stable exchanges.
New developments foresee the integration of stable anion exchange membranes, which can be used like the proton exchange membrane in a Proton Exchange Fuel Cell (PEFC) and hence the design will be similar to the PEFC stack.
The empty form of the native protein is a transient intermediate bound to the nucleotide-exchange factor; since the T27N mutant cannot bind GTP, the complex is stable, the exchange process blocked and the cycling also when all the available nucleotide-exchange factor becomes complexed.
Bishop, D.K. & Zickler, D. Early decision; meiotic crossover interference prior to stable strand exchange and synapsis.
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