Tags » Exchange Rate

Breaking news - Ruble continues recovery hours before Putin's Q&A

The Russian currency has opened higher Thursday, continuing its recovery from the biggest intraday drop since 1998 default on so-called ‘Black Tuesday’.

The dollar was down 65 kopeks at the opening on the… 253 more words

WORLD NEWS

Clear signs of troubles in the Russian economy

Sometimes the signs from an economy are so clear and unambiguous that it doesn’t take an economist to know that that country is in serious trouble. 1,021 more words

Exchange Rate

Globalization and Russia

Amid the chatter about Russia’s isolation (here, here, here, and here) I thought it would be interesting to take a look at the Russian internet. 957 more words

Russia

An example to illustrate the hedging of exchange rate risk

Assume that the current US-Canada exchange rate is US $0.80 per C $1 (Canadian dollar, CAD). Consider the following two examples.

  1. An exporter in the United States sells high tech manufacturing equipment to a Canadian importer.
  2. 2,108 more words
Exchange Rate

Market Expectations

The Brazilian central bank (BACEN – www.bcb.gov.br ) publishes a weekly report (every Monday) with market expectations relative to economic indexes. The report covers the main macroeconomic indexes with projection to the end of the year and next year. 173 more words

Econotoon

Andrew Coyne: Canadians being 'gouged' in so-called price gap merely nonsense government economics

Oh no, you don’t get off that easily.

At first glance, the Conservative government would appear to have backed some way away from its lunatic plan, announced in the last budget, to regulate every price in Canada into line with its American counterpart. 971 more words

Pn

Stock indexes off 1% as China, Greece dive

Stocks are lower at the market open Tuesday as Chinese markets plummeted. As of 10:22 a.m. ET, the Dow Jones industrial average, S&P 500 and Nasdaq composite are each down about 1%. 15 more words