The Challenges to the Dollar
by Joseph Joyce The Challenges to the Dollar The dollar’s position as the premier global currency has long seemed secure. The dollar accounts for about 60% of the foreign exchange…
by Joseph Joyce The Challenges to the Dollar The dollar’s position as the premier global currency has long seemed secure. The dollar accounts for about 60% of the foreign exchange…
…comes to taking the pulse of financial markets, amateurs talk about stocks, but professionals talk about bond and currency markets. That’s because bond and currency markets are generally less driven…
by Rebecca Wilder Yes, the renminbi (RMB) is closer to fair value. Chinese Foreign Ministry spokesman Ma Zhaoxu states: “Our currency, the RMB, has appreciated more than 20 percent against…
…physicians what they already k new, Depakote was a very valuable medication for “off-label” (unapproved uses). In the irony department, prescribing and administering Depakote for off-label uses is legal, and…
…information about products’ energy use. Label is voluntary, and Congress ordered it The Energy Star label is voluntary for products that meet certain efficiency levels, and differs from Department of…
…debt held in a foreign currency. A government can never go insolvent in its own currency. If it is insolvent as a consequence of holdings of foreign debt then it…
by Rebecca Policymakers across Latin America are announcing measures to stem currency appreciation against the $US. Since March 2009, the $US depreciated 25% against the Colombian peso, 28% against the…
The Office of the Comptroller of the Currency has a name that does not fall glibly off the tongue. Nor does the OCC figure prominently in current discussions on credit…
…gold to flow. True enough, one country could base its currency on the value of gold, which would require that country to operate something like a gold currency board. The…
…of reserves held in dollar assets. Some countries, such as Russia, have already embarked on such a process, and amid concerns among currency traders that China and other Asian banks…