FXRate

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AcronymDefinition
FXRateForeign Exchange Rate
References in periodicals archive ?
To examine whether the foreign exchange rate changes have affected the value of Indian corporate firms
The BSP explained that this amount represented 'realized gains from fluctuations in foreign exchange rates arising from foreign currency-denominated transactions of the BSP, including: Rollover/re-investments of matured FX investments with foreign financial institutions and FX-denominated government securities; servicing of matured FX obligations of the BSP; and maturity of derivatives instruments.'
Right now, there are two foreign exchange rates: the open market rate, which is running between 34,000 and 35,000 rials to the dollar, and the official rate, which is currently 27,700 rials to the dollar, but which is used only for essential imports like core foods and medicines.
Should we also take this approach as a means of coping with the foreign exchange rate? Also, is the foreign exchange rate the most important policy target?
The BSP explained that this amount represented 'realized gains from fluctuations in foreign exchange rates arising from foreign currency-denominated transactions of the BSP, including: rollover/reinvestments of matured FX investments with foreign financial institutions and FX-denominated government securities; servicing of matured FX obligations of the BSP; and maturity of derivatives instruments.'
Revenues increased USD12.1 million, or 3.5%, after adjusting for a USD6.0 million impact from movements in foreign exchange rates and a USD4.9 million impact from the sale of its business in Turkey in the second quarter of 2016.
"For our clients, having access to up-to-date information on foreign exchange rates is an important factor in managing their wealth effectively, yet few people have the time to watch currency rates as closely as they would like to," said Shaun Phillips, managing director, Barclays Wealth International.
Japanese economic and fiscal policy minister Kaoru Yosano said Tuesday that sharp fluctuation in foreign exchange rates is undesirable.
* Educate yourself about foreign exchange rates. Before you begin daydreaming about enjoying croissants and cafe au lair by the Seine, find out about rates, says Monica Beaupre, a spokesperson for American Express Travel.
David Glassco, FinancialCAD's chairman and CEO, says that with release 6, users can "get daily and historical interest rate curves, foreign exchange rates and other market data and link it to Excel at the click of a mouse."
The most popular items on the web site will be available, including statistical reports on foreign exchange rates, selected interest rates, consumer credit, and industrial production and capacity utilization.
Translation exposure stems from differences in foreign exchange rates between consolidation dates and the effects of these changes on the valuation of a company's assets and liabilities abroad.
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