Definitions
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Etymologies
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Examples
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CURRENCIES Bank of Montreal Begins Yuan-Dollar Settlements Canada's Bank of Montreal began settling transactions denominated in yuan for its North American corporate clients this past week after becoming the first Canadian lender to receive yuan-trade settlement permission from China's central bank.
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It seems that someday, some form of backing for ALL GLOBAL CURRENCIES will have to be established and signed in acceptance by all countries that participate in global markets.
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The goal would be for the world reserve currency that is “disconnected from individual nations and is able to remain stable in the long run, THUS REMOVING THE INHERENT DEFICIENCIES CAUSED BY USING CREDIT BASED NATIONAL CURRENCIES.”
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"It seems that someday, some form of backing for ALL GLOBAL CURRENCIES will have to be established and signed in acceptance by all countries that participate in global markets."
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Time period [a] S&P 500 (IN LOCAL (IN U.S. CURRENCIES) DOLLARS) 1 year 1.3% - 1.8% 8.1%
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The point is that, even if market forces determined the price of CURRENCIES which as you say is certainly not true of the Chinese Yuan, this would still not ensure that the prices of goods and services were equalised between countries.
Ian Castles on IPCC Economic Assumptions « Climate Audit 2005
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CURRENCIES: The dollar, Swiss franc and Japanese yen rose because of their reputation as safe places to invest.
SFGate: Top News Stories By The Associated Press 2011
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SOUNDBITE English DBS' HEAD OF ECONOMICS AND CURRENCIES, DAVID CARBON, SAYING: We're just going to have to see how much of the sentiment which we've seen, the poor sentiment over the past couple of weeks, how much that plays into the actual data over the next couple of months.
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CURRENCIES: The dollar, Swiss franc and Japanese yen rose because of their reputation as safe places to invest.
The Seattle Times 2011
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CURRENCIES: Foreign exchange rates are central to the imbalances debate.
Reuters: Top News 2010
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