But my research shows that it would likely continue to ignore the trade-weighted exchange rate and target a strong RMB-dollar cross rate
for good reasons.
The fall in the cross rate
reflects a combination of the AUD giving back ground and the NZD continuing to trend higher.
Start Transaction Rate [poundssterling]100 1: sell [pounds sterling]s [pounds to get $s through the sterling]1 cross rate
= $2 $200 2: sell $s to get [euro]s $1 = at the favourable rate for [euro]4 buying [euro]s [euro]800 3: sell [euro]s to get [pounds [pounds sterling]s at the sterling]1 favourable rate for = [euro]6 selling [euro]s Start Transaction Calculation [pounds 1: sell [pounds sterling]s [pounds sterling]100 to get $s through the sterling]100 x 2 cross rate
$200 2: sell $s to get [euro]s $200 x 4 at the favourable rate for buying [euro]s [euro]800 3: sell [euro]s to get [euro]800[?
For example, let's look at the GBP/USD currency pair; if you were to 'buy' this pair, it would mean you were buying the first currency (GBP) and selling the second (USD) with the expectation that the cross rate
price between the two will rise in value - meaning your profits will rise in line with any increase.
Congress opens probe into Anthem Blue Cross rate
increases," The Los Angeles Times, February 10, 2010 http://www.
I love my job as a postal clerk, but with the impending rate merger this gives me another avenue to look at hands-on training and experience that may result in a future request to cross rate
," said Larson.
Summary: The contrasting data out from the Eurozone and UK continues to weigh on the Eur/Gbp cross rate
with the market now approaching a retest of the 2009 lows.
the Santa Fe Courtyard by Marriott has announced a special $79 "Red Cross Rate
Commissioner Senn said earlier that her staff had noted a number of inconsistencies in the Blue Cross rate
Combining the Blue Cross rate
increase with the Blue Shield portion of the plan, consumers will see a 7.
However, we do not see and real potential for the cross rate
to sustain itself below 2, and with the latest pullback stalling out by the 78.
Combining the Independence Blue Cross rate
increase with the Blue Shield portion of the plan, consumers will see a 3 percent increase on their bills.