exchange rates

/Tag:exchange rates

Surprise rate hike of the Czech Central Bank

Bloomberg: World Gets First Rate Hike of 2020 With Surprise Czech Move Article published: Feb 6, 2020 IB Economics syllabus: Macroeconomics, International economics (monetary policy, exchange rates) The first Central Bank to increase interest rates was the Czech National Bank - and the move surprised the markets as no one was expecting a rate hike. As a [...]

By | 2020-02-10T10:25:37+00:00 February 10th, 2020|International Economics, Macro|Comments Off on Surprise rate hike of the Czech Central Bank

British pound appreciates as Boris Johnson wins UK election

The Wall Street Journal: British Pound Surges as Johnson’s Conservatives Win U.K. Election Article published: Dec 13, 2019 IB Economics syllabus: International economics (exchange rates) "The pound surged to its highest level since May 2018, hitting $1.3515." This is due to the fact that the Conservatives, led by Boris Johnson, have won the election in the UK [...]

By | 2019-12-18T12:56:48+00:00 December 18th, 2019|International Economics|Comments Off on British pound appreciates as Boris Johnson wins UK election

British Pound hits the lowest level in 3 years against the dollar

BBC: Pound hits three-year dollar low in Brexit turmoil Article published: Sep 2, 2019 IB Economics syllabus: International economics (exchange rates) No-deal Brexit is becoming a likely scenario for the United Kingdom to leave the EU and if it becomes reality, only one thing will be certain: uncertainty. But, as the article mentions, "[c]urrencies, as a rule, [...]

By | 2019-09-03T09:24:27+00:00 September 3rd, 2019|International Economics|Comments Off on British Pound hits the lowest level in 3 years against the dollar

Trump’s view on strong dollar

Reuters: Trump says strong dollar hurting U.S. competitiveness Article published: March 2, 2019 IB Economics syllabus: International economics (central bank policy, exchange rates) Trump is openly against further monetary tightening (raising interest rates) and hints that the strong dollar can reduce export competitiveness: “I want a strong dollar, but I want a dollar that’s great for our country [...]

By | 2019-03-03T13:41:20+00:00 March 3rd, 2019|International Economics|Comments Off on Trump’s view on strong dollar

Turkey Interest Rate Hike

BBC: Turkey raises interest rates to 24% in new bid to boost lira Article published: Sep 13, 2018 IB Economics syllabus: Macroeconomics, International economics (monetary policy, exchange rates) While President Erdogan described himself as an "enemy of interest rates", finally the Central Bank of Turkey has made the move to significantly increase the interst rates in order [...]

By | 2018-10-24T04:39:46+00:00 September 14th, 2018|International Economics, Macro|Comments Off on Turkey Interest Rate Hike

Know Macroeconomics and Become a Billionaire

Warning! This article is not suitable for a commentary (it's just very interesting). Priceonomics: The Trade of the Century: When George Soros Broke the British Pound IB Economics syllabus: Macroeconomics (exchange rates) This is a superb article that explains in detail how a managed exchange rate works in real life (with all its downsides) [...]

By | 2018-10-25T04:12:23+00:00 August 23rd, 2017|Macro|Comments Off on Know Macroeconomics and Become a Billionaire

A stronger dollar means American goods become less attractive for tourists

CNN Money: Macy's sales slump as foreign tourists stop spending Article published: May 13, 2015 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: International Economics (exchange rates, export prices) As the USD got stronger, tourists in the U.S. started spending less (especially when it comes to luxuries). Source of image: Kena [...]

By | 2017-08-23T10:51:29+00:00 May 14th, 2015|International Economics|Comments Off on A stronger dollar means American goods become less attractive for tourists

USD hit by a single comment

Reuters: Dollar hit by Japan government adviser's yen comment, Aussie jumps as RBA stands pat Article published: Mar 2, 2015 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: International Economics (exchange rates) Source of image: IndiaCrunch.in Do you need a little boost with IB Economics? Register for private lessons here. Looking for [...]

By | 2017-08-23T10:57:52+00:00 March 3rd, 2015|International Economics|Comments Off on USD hit by a single comment

Swiss National Bank discontinues minimum exchange rate

Business Insider: The Swiss Franc Is Rocketing Upwards Article published: Jan 15, 2015 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: International Economics Press release of the Swiss National Bank can be read here. Source of image: Business Insider Do you need a little boost with IB Economics? [...]

By | 2017-08-23T11:02:54+00:00 January 15th, 2015|International Economics|Comments Off on Swiss National Bank discontinues minimum exchange rate

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