1. What gives rise to the currency exposure at AIFS? American Institute for Foreign Study (AIFS) is a student exchange organization. It organizes exchange programs in education and culture throughout the world with two of its major divisions serving American students traveling abroad in the Study Abroad College division and High School Travel division. AIFS receives their revenues in American Dollars (USD) but incurs their costs and expenses in a foreign currency, mainly in the Euro (EUR) and the
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July-December 2011 Monetary Policy Statement July 27, 2011 Monetary Policy Department Bangladesh Bank 1 Monetary Policy Statement H1 FY12 (July December 2011) Executive Summary Introduction: This (twelfth) issue of Bangladesh Bank’s (BBs) half yearly Monetary Policy Statement (MPS) outlines the monetary policy stance that BB will pursue in H1 FY12 in the context of unfolding near term developments in the domestic and global scenes. The ex ante announcements of monetary policy
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Blades Inc., a U.S. roller blades manufacturer, began exporting their product to Entertainment Products Inc., a Thailand company. Shortly after exportation began, Asia developed weak economic conditions. This resulted in an excess supply of the Baht. To combat this, the Thai government decided to trade in baht reserves for dollar reserves and invest them in the foreign exchange market. The Thai government participated in direct intervention. Direct intervention is a process that the government
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USE CURRENCY POLICY TO RESTRAIN INFLATION IN VIETNAM UNDER THEORY OF IMPOSSIBLE THREES USE CURRENCY POLICY TO RESTRAIN INFLATION IN VIETNAM UNDER THEORY OF IMPOSSIBLE THREES ------------------------------------------------- VOL 108 05/2011 ------------------------------------------------- VOL 108 05/2011 MAGAZINE ON BANKING SCIENCE AND TRAINING MAGAZINE ON BANKING SCIENCE AND TRAINING INTERNATIONAL EXPERIENCE AND PRACTICE | REASON AND IMPACT OF INCREASE IN CHINESE YUAN VALUE OF CHINA
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Exhibit analysis: Exhibit 2: Pakistan is the sixth most populous country in the world has a particularly large young population. Pakistan has 2.7 % of the whole world’s population, whereas China having the highest population of 19.29%, which is 1,336, 718, 015. The total population of Pakistan in 2012-2013 was 184.35 million, and the total employed labor force was 56.92 million. Exhibit 3: This exhibit shows the income classes of different countries. Bangladesh has a very high percentage
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Axia College Material Appendix D Chapter 20 Questions Answer each of the following questions. 1. Why is an exporter that is to be paid in six months in a foreign currency worried about fluctuating foreign exchange rates? Foreign exchange rates fluctuate all the time and the possibility of obtaining paid while the value of exchange is down will result in losses for the exporter. 2. Are there ways in which this exporter can protect itself? If so, what are they?
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1. CHAPTER 1, question 1: The term globalization has become widely used in recent years. How would you define it? = “I define globalization as producing where it is most cost-effective, selling where it is most profitable, and sourcing capital where it is cheapest, without worrying about national boundaries.” 2. CHAPTER 1, question 10: Financial Globalization. How do the motivations of individuals, both inside and outside the organization or business, define the limits of financial globalization
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It’s the season when pundits traditionally make predictions about the year ahead. Mine concerns international economics: I predict that 2010 will be the year of China. And not in a good way. China has become a major financial and trade power. But it doesn’t act like other big economies. Instead, it follows a mercantilist policy, keeping its trade surplus artificially high. And in today’s depressed world, that policy is, to put it bluntly, predatory. Here’s how it works: Unlike the dollar, the
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Case Study Indian Rupee Crisis of 2013 Assignment 1. If oil prices stay at these levels, China and India would benefit the most because China is the second largest oil importer in the world. It will be able t consume more oil with the drop of prices. Oil accounts for a third of India’s imports. 2. Tapering in QE was attributing this strong inflationary force in India, threatening a BoP crisis. It was also argued that inflation was due to supply constraints. I think their inflation issues
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[pic] [pic] Economics Project: Exchange Rate, Balance of Payment and Trade deficit. [pic] |Topics |Page No | |Introduction |02 | |Defining |03
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