According to Abdel Aal, the increase in dollar prices
should not immediately increases commodity prices, because it is known that most of importers priced their goods earlier, based on EGP 8.
In a press statement by his office, he pointed that the new measures of depositing Banks' funds are the reasons for increasing US dollar prices
in the Iraqi market.
KARACHL -- The federal ministry of finance, State Bank and currency dealers have decided to adopt a joint strategy to narrow the wide gap in dollar prices
in interbank and open markets rates, but no decision was taken to address the devaluation of local currency.
Hence, as dollar prices
fluctuate, the cost of doing business fluctuates proportionately.
Iranian media said policies aimed at stemming the currency slide had had the perverse impact of driving dollar prices
higher as Iranians were forced to seek hard currency through touts rather than official exchange offices.
Despite that day by day rise in dollar prices
also affecting the prices of energy.
Strategists, Ohmsatya Ravi and Ankur Mehta, said, 'Any decline in dollar prices
of agency MBS from their current levels would possibly require the Fed and the Treasury to abandon their agency MBS purchase programmes altogether, which we think is very unlikely.
The tyre manufacturer is planning for a EUR500m cost savings programme to offset slowing economies, lower dollar prices
and an increase in the cost of rubber and steel.
Typically, however, less than the full amount of a dollar depreciation gets passed through to the dollar prices
Prices should be similar to last season, although sources in Seattle soy they expect to secure higher dollar prices
because of the strength of the pound.
Coal prices increased 83% to $152 per tonne in 2006, reflecting higher US dollar prices
and foreign currency hedging gains offset slightly by a stronger Canadian dollar.
This allows us to acquire select deals which we feel can be enhanced by our value-added experience and hedge the pricing by selling some of our existing portfolio for current top dollar prices