Relevant and even prescient commentary on news, politics and the economy.

You searched for: label/foreign exchange reserves

Thoughts on trade policy and pegs

…is under or over valued relative to another or by how much. It’s all guesswork. 2. Foreign Exchange probably is not a marketplace that is efficient with regard to cost…

More on derivatives

…players by covering the buy-ins of the players in exchange for a percentage of their winnings. Though poker is a game of skill, luck still matters a great deal, so…

Not all of Europe is in free-fall

…ERM II, which requires a relatively inflexible exchange rate policy. And since Poland can allow its exchange rate to fluctuate a bit more, strong expansionary monetary policy (lowering its policy…

Saying It All

…of exchange are indorsed or otherwise secured to the satisfaction of the Federal Reserve bank: Provided, That before discounting any such note, draft, or bill of exchange for an individual,…

Index funds and commodities 2

…relief with the result that today swaps are cleared through the US futures clearing systems alongside futures contracts, thus affording exchange level payment guarantees to non-exchange traded and non-regulated derivative…

Mind of the market…

…which evolved over the Paleolithic eons to demand fairness on the part of our potential exchange partners. “I’ll scratch your back if you’ll scratch mine” only works if I know…

Currency and regional partnerships

…have a stable exchange rate against its major trading partners, in particular, the regional countries,” it said.Consequently, the stability of the ringgit exchange rate against the regional currencies will become…

Fannie Mae Accounting

…review, with the mortgage giant identifying more than $10 billion in issues related to derivatives, insurance accounting and other matters. In a filing with the Securities and Exchange Commission, the…