搜尋結果
2019年3月10日 · Hong Kong’s intervened to support the Hong Kong dollar for the first time since August 2018 after the exchange rate fell to the lower end of its trading band against the greenback. The Hong Kong Monetary Authority bought HK$1.507 billion ($192 million) of their own currency during London and New York trading hours on Saturday.
2019年6月13日 · The rates on the U.S. debt will be pegged, but not the Fed funds rates. They will be able to raise rates to the marketplace, but the bonds will be “pegged” like the Swiss attempted to “peg” the franc/euro. This is a hybrid interest rate system that would eventually
2019年9月25日 · Bretton Woods and the gold standard failed because they tried to fix or peg the dollar to $35 an ounce of gold, but then they spent freely and waged the Korean and Vietnam wars. This is what I mean. You cannot create any fixed exchange rate or peg and then
2021年2月19日 · If we measure these economies accounting for purchasing power parity (PPP) exchange rates, which relate the exchange rate between currencies to consumer price levels, the picture changes. China is the world’s largest economy since 2017 in PPP terms according to estimates by the World Bank which uses international dollars to make ...
2020年4月9日 · The Silver Democrats tried to force a higher silver to gold ratio and were bribed by the silver miners. When the world was on the gold standard, that dictated the value of a currency in international FOREX markets because the value of the currency was just the metal content.
2023年12月6日 · Under a Fixed Exchange Rate, the main purpose is to facilitate trade. However, you are not expressly subordinating your economy to the economic trend of everyone else in the system. Each nation is still independent, and if their balance of payments falls out of line, then they alone have a monetary crisis.