UN cautioned this atmosphere of strong currencies
prevailing in Asia won't last long, as developed economies are normalizing their fiscal/monetary policies by raising interest rates from historical lows and ending their quantitative easing measures.
Andrew Nocella, US Airways senior vice president for marketing and planning, said, 'As we bring two strong currencies
together, we'll have one, stronger currency.
The result is a booming stock market in the US and elsewhere and artificially strong currencies
in many developing nations.
are a drag on export competitiveness, but if imported food price rises are coming, and fuel costs remain elevated, emerging Asia's policymakers may yet have to recognize the advantage of some degree of local currency strength.
The most expensive office occupier markets also have a diversified economic base; limited, available institutional quality space; strong currencies
and are increasingly located in urban centers.
I FIND it hard to believe that such a shambolic currency as the euro should have such an influence on the strong currencies
of the US, India and China.
However the higher oil price has softened this effect by generating more dollars, offsetting the weakening dollar, and due to this, people visiting from the Euro zone or other areas with strong currencies
find that their money goes further, thus making the UAE an even more attractive destination.
Likewise, purchasers with strong currencies
relative to the U.
With many European trading lines in the mix, the government takes in strong currencies
like the euro and the British pound.
The daily chart is not as strong as I would like to see, but the USD seems to be weak across the board so finding the current strong currencies
to trade could represent a solid trading opportunity.
Pakistan should also accept other strong currencies
, convert some reserves or try to build reserves and initiate international trade as well as banking in stable currencies.
Chemicals imported from outside Europe or made from basic chemicals from outside the region are cheaper to buy with the euro or other strong currencies
than elsewhere in the world," explained Henrik Meinche, senior economist at the German Chemical Industry Association (VCI), Frankfurt.