According to recent reports, China now wants Pakistan to allow the usage of Renminbi (RMB) the official name of its currency in the Gwadar Free Zone in order to avoid exchange rate risks
associated with the US dollar and the Pakistani rupee.
The central bank said that the banking sector is resilient against interest and exchange rate risks
and its equity is above the level required to cover possible trouble.
In response to interest rate and exchange rate risks
, ICBC offers global SDR bond investors customized hedging solutions, and successfully helps Chinese investors with hedging transactions to lock interest income and matured principal.
Summary: Exchange rate risks
could leave countries issuing sovereign bonds with losses in the billions of dollars
2006) and Guesmi and Nguyen (2011), we model the time-varying prices of regional and local market risks as well as the time-varying price of exchange rate risks
by a linear function of a set of regional and local information variables ([X.
The new programme allows the EBRD to support private sector development by extending local currency-denominated loans to eligible banks, microfinance organisations and private enterprises so they can avoid taking on exchange rate risks
However, ICRA notes that despite high level of receivables, FTIL's working capital intensity remains low supported by significant advances from customers and that the company also hedges a portion of its foreign currency receivables to an extent, thereby providing some respite against exchange rate risks
Summary: Turkey is seeking to switch to payments in national currencies for $10 billion worth of trade with neighboring Iran to lessen exchange rate risks
and bolster trade volumes, a Turkish government source said on Friday.
Global businesses take exchange rates into consideration in making investment decisions, but market opportunity, political risk and the legal environment are all more important for foreign investment decisions than exchange rate risks
, the study found.
This benefit can be passed on to borrowers without exposing them to exchange rate risks
Ford is due to close one of Mazda's plants in Hiroshima in September and switch its output to a factory in Valencia, Spain, in 2003 as part of a policy to base production close to demand and reduce exchange rate risks
The system indicates exchange rate risks
for Mexico, Chile and Venezuela, all with floating currencies, fall between the risks for Argentina and Brazil.