The author reflects on the impact of the stability of the exchange rate of the South Korean won to the U.S. dollar on the economy of both countries. The author cites that U.S. academic circles, concerned government agencies, as well as the Federal Reserve Board agree that the U.S. ...
accounting for 45.4 percent of China’s total foreign trade over the same period, representing an increase of 6.2 percentage points compared with 2013; the total value of imports and exports of Chinese private enterprises to partner countries exceeded US$1.5 trillion, accounting...
As economies are more and more interconnected and the flow of capital is free, foreign exchange interventions become a tool used by many economies in order to protect against unfavourable fluctuations in the exchange rate. Empirical research has shown that it cannot be provided a recipe that ...
RNAi therapy has undergone two stages of development, direct injection of synthetic siRNAs and delivery with artificial vehicles or conjugated ligands; both have not solved the problem of efficient in vivo siRNA delivery. Here, we present a proof-of-prin
This paper analyzes the factors that determine the use of foreign currency debt to hedge currency exposure for a sample of 96 Spanish non-financial companies listed in 2004. Unlike previous empirical studies, which have attempted to explain the use of foreign currency debt using arguments stemming ...
YANGON, May 23 (Xinhua) -- The Central Bank of Myanmar has raised its exchange rate with U.S. dollar to 1,351 kyats per dollar Tuesday, registering a high exchange rate in the local currency market, according to the official Global New Light of Myanmar Wednesday. ...
If you view amounts for the CA (foreign currency) ledger, the amounts are meaningless. This is because the CA ledger contains more than one currency and the "as if" display restates only one currency at a time. To toggle between the "as if" and domestic currency amounts, use the Dis...
The central bank has also reinforced its commitment to firmly forestall any foreign exchange rate overshooting and keep renminbi exchange rates generally stable at a reasonable and balanced level. More attention should be given to the exchange rate of the yuan against a basket of currencies, Zou La...
SEOUL, Dec. 28 (Xinhua) -- South Korea picked 11 banks, including five foreign banks, as a liquidity provider in the direct won-yuan trading market for next year, the country's foreign exchange authorities said Tuesday. Six domestic banks, selected to take the lead in providing the bid an...
This includes partnering with global industry associations and financial institutions to drive common asset tokenisation standards in fixed income, foreign exchange (FX) and asset & wealth management. MAS, with international financial institutions, also announced the successful completion of the first ...