Question by swimmerxc: What will happen if China switches its foreign exchange reserves from USD to Euro? Since the US economy is pretty much going the drain now, if China chooses now to switch a large amount of their foreign exchange reserves to Euro. What affects will this have on the US economy? Best answer: Answer by CrIcKeEGREAT DEPRESSION || What do you think? Answer…. Click Here to Read More
|
|
|
Posts Tagged ‘reserves’
Q&A: What will happen if China switches its foreign exchange reserves from USD to Euro?
February 7th, 2012 
kk 
Posted in Forex Discussions 
Tags: China, euro, exchange, foreign, from, happen, reserves, switches 
1 Comment »How will an increase in foreign exchange reserves help an economy?
June 18th, 2011 kk 
by Sojournals.com Question by Wazer Wifle: How will an increase in foreign exchange reserves help an economy? Also, is it possible for an increase in foreign exchange reserves elevate the inflation? Best answer: Answer by FelineTripodologyAn increase in foreign exchange reserves helps an economy by increasing the “cushion” it has against excessive variations of the exchange rate. This is particularly important for fixed exchange regimes where it is vital for an economy to keep its exchange rate constant, so the greater the reserves the easier it it for this given economy to defend its parity because it can conduct market operations (selling or buying foreign exchange) to maintain…. Click Here to Read More
Posted in Forex Discussions Tags: economy, exchange, foreign, Help, Increase, reserves No Comments »S.Korea end-March forex reserves hit record high
April 8th, 2011 kk S.Korea end-March forex reserves hit record high Foreign current reserves in Asia’s fourth-largest economy rose $ 0.95 billion during last month to a record $ 298.62 billion, the Bank of Korea said, attributing the rise to strength in non-dollar assets and investment gains. Read more on Business Recorder Forex: EUR/USD hovering above 1.4145 low ahead of NFP FXstreet.com (Barcelona) – Euro recovery from Monday’s low at 1.4020 was capped yesterday at 1.4235, and the pair pulled back below 1.4200 to consolidate in a tight range above 1.4145 previous Read more on Nasdaq No trading in forex market Mumbai, Apr 1 (PTI) There was no trading at the Interbank Foreign Exchange…. Click Here to Read More
Forex reserves help India to tide over global financial crisis: Survey
March 2nd, 2011 kk Forex reserves help India to tide over global financial crisis: Survey The Economic Survey today said India has the fourth largest foreign exchange reserves, which helped the nation to tide over global financial crisis. The country’s foreign exchange reserves touched $ 297.3 billion in December 2010 from $ 279.1 billion in March. Read more on The Hindu FOREX TREND MONITOR: Markets Brace for Sharp Volatility FOREX TREND MONITOR: Markets Brace for Sharp Volatility Read more on MENAFN Hungary forex loan stock hampers monetary policy, says regulator chief Hungarian banks’ stock of foreign currency-denominated loans earlier reached such high levels that it hampered the…. Click Here to Read More
Posted in Forex News Tags: crisis, Financial, Forex, Global, Help, India, Over, reserves, Survey, tide No Comments »
Japan’s forex reserves hit new record after yen-selling intervention
October 7th, 2010 kk Japan’s forex reserves hit new record after yen-selling intervention Japan’s forex reserves hit new record after yen-selling intervention Read more on MENAFN Japan’s forex reserves hit .1 trillion Japan’s forex reserves hit $ 1.1 trillion Read more on MENAFN FOREX-Euro rally stalls, dollar tumbles vs yen * Euro climbs above $ 1.40 but then surrenders gains Read more on Reuters via Yahoo! Singapore…. Click Here to Read More
Posted in Forex News Tags: after, Forex, intervention, Japan's, record, reserves, yenselling No Comments »
China’s forex reserves up by 15.1 per cent
July 18th, 2010 kk China’s forex reserves up by 15.1 per cent Beijing, Jul 11 (PTI) China’s forex reserves surged by 15.1 per cent to USD 2.45 trillion at the end of June but the pace of growth decreased drastically compared to last year, apparently due to declining Euro, the central bank said today. Read more on…. Click Here to Read More
Japan’s forex reserves rise for 1st time in two months in June
July 9th, 2010 kk Japan’s forex reserves rise for 1st time in two months in June Japan’s foreign exchange reserves rose to 1,050.24 billion U.S. dollars at the end of June, the Ministry of Finance said on Wednesday. Read more on People’s…. Click Here to Read More
(AFX UK Focus) 2010-07-01 11:55 Nigerian forex reserves fall to $37 billion
July 6th, 2010 kk (AFX UK Focus) 2010-07-01 11:55 Nigerian forex reserves fall to $37 billion LAGOS, July 01 (Reuters) – Nigeria’s foreign exchange reserves declined to $37.17 billion on Tuesday from $38.79 billion at the end of May, the central bank said on Thursday. Forex reserves of sub-Saharan Africa’s second largest economy have fallen steadily since January because of a surge in dollar demand at the local forex market. Demand for funds from the central bank has averaged $600 … Read more on Interactive…. Click Here to Read More
Posted in Forex News Tags: 1155, 20100701, billion, fall, Focus, Forex, Nigerian, reserves No Comments »
Pakistan’s forex reserves rise to $16.01 bln
June 6th, 2010 kk Pakistan’s forex reserves rise to $16.01 bln KARACHI, June 3 (Reuters) – Pakistan’s foreign exchange reserves rose to $16.01 billion in the week ending May 28, up from $15.95 billion the previous week, a central bank official said on Thursday. Read more on Reuters via Yahoo! Asia…. Click Here to Read More
why is it in the interest of developing countries to have high forex reserves ?
May 15th, 2010 kk (high forex reserves)especially in the event of the financial crisis? also, how does it help a particular country if that country keeps its currency weak against the global currency like the dollar? what are the ways in which a country can artificially make its currency…. Click Here to Read More
Posted in Forex Discussions Tags: countries, developing, Forex, High, interest, reserves 1 Comment »
Forex reserves hit new record in April
May 10th, 2010 kk Forex reserves hit new record in April MANILA, Philippines – The country’s gross international reserves (GIR), the main buffer against foreign exchange shocks, rose to a new record of $47.03 billion in April, the Bangko Sentral ng Pilipinas (BSP) reported on Friday. Read more on…. Click Here to Read More
Pakistan’s forex reserves rise to $15.04 bln
May 8th, 2010 kk Pakistan’s forex reserves rise to $15.04 bln KARACHI, May 6 (Reuters) – Pakistan’s foreign exchange reserves rose to $15.04 billion in the week ending on April 30 from $14.98 billion the previous week, the central bank said on Thursday. Read more on Reuters via Yahoo! Asia…. Click Here to Read More
