Posts Tagged CurrencyFile not found. 19 Years Ago, It Was Black Wednesday
With the European sovereign debt and banking crisis on-going, let’s look at what happened to the United Kingdom 19 years ago today.
Economy. 11 February, 2011, 11:56Quick Update: Vietnam devalues its currency
The State Bank of Vietnam, the Centarl Bank, devalued its currency by 8.5% in hope to narrow trade deficit.Reactions to rumours and facts: USD vs. EUR
I can’t help but notice the opposite reactions of USD and EUR prices on some fundamentally similar hopes.Why G20 does not matter now
G20 might have failed to force the Chinese to let Yuan appreciate faster. But based on the facts about Chinese economy, they might have to do it anyway.Re-balancing the world economy?
Tim Geithner may propose current account balance targeting. But again, this is not solving the real problem.G20 meeting preview: what to expect?
I believe there will be some agreement to be made after the meeting, but another Plaza Accord would be out of the question.Currency War
If there is indeed a war, it will not be simply a “Currency War”, it will well be a Second Cold WarStrong (?) US dollar
The direction of US dollar depends on the balance between inflation fighting and supporting growth.Currencies and monetary policies
Using a single currency makes you to accept a single monetary policy that you might not want.British Pound weakened. How about UK economy?
British pound weakened, and the economy would not be great.Joseph Yam: Please Abandon the Currency Peg
Hong Kong Dollar’s peg with the US Dollar does not do good to Hong Kong.