Currency pair

Recommendation : 1) Economic stability : To enhance the Malaysia foreign direct investment to other countries, the currency value of the Ringgit Malaysia is the primarily consideration of the Malaysia’s entrepreneurs. If the currency of ringgit Malaysia is in a good sign, it will encourage Malaysia entrepreneurs to invest to other countries. To the contrary, if the Malaysia Ringgit fall will cause the Malaysia’s entrepreneur perish the thought of foreign direct investment to other countries…

Liu (2011) presented four conditions that encourage RMB regionalization. First, free liquidity of production elements in East Asia is gradually increased. She suggested that easier capital and labor movements lead to optimum currency area. Certainly, the removal of tariff barriers and free movement of goods, services, labors, and capital within the common market are the basic requirement for establishing monetary union. With ACFTA, there will lead to greater link between China and ASEAN…

Reasons for Chinese devaluation  The currency is one of the only determinant of the exports of the country . With the devaluation of the currency is a desperate attempt to make the exports competitive in the world market. For 30 years china has been growing its exports on the back of low wages and a large working age population which it transports…

13 Name Professor Course Date BRETTON WOODS SYSTEM INTRODUCTION Bretton Woods’s system was established in 1944, the main aim of the system was to set pose regulations which led to the dollar to be the main international currency. This currency was the main requirement to of payment and purchase of foreign goods and services. This led to the straining of the underdeveloped markets which were not able to access the dollar, this led to them depending on the US to rend them the dollar to help in…

investing in digital currency is a good idea. Knowing that Bitcoin and other cryptocurrencies are completely digital, consumers are able to transport it anywhere in the world. “In contrast to gold, Bitcoin is easily transportable and does not need to transit through international borders as currency” (Baron 8). Consumers will find it easier to manage and in making transactions overseas, they will not have to pay an exchange fee, thus making it more appealing. Completely digital currencies also…

Country risk is associated with lending or depositing funds, FDI, or any other financial transaction, in a country. Risks can include both political and economic risks, currency blockage, expropriation, financial uncertainties, and inadequate access to hard currencies. Understanding country risk in a global context is important as companies move from being domestic to multi-national companies. Country risk can impact decisions on investment of capital budget, whether to portfolio invest in…

According to Grama (2012), although Sino-Russian energy partnership is stable, there are 6 limitations that potentially discourage the further development of the partnership as follows: Both China and Russia is not the primary diplomatic target of each other China and Russia consider more in relation with the Western world. This causes strong impact of Sino-Russian energy partnership as both may sacrifice each other in order to main good relationship with the west. Different position of…

“What would you like to do if money was no object?” This is the question asked in a trending Youtube video narrated by the late philosopher Alan Watts. It encourages young people to live and dream as if money didn’t matter—as if money was no object. Inspiring, to say the least. The notion of dreaming and living without regard for financial reality can open the imagination to entire worlds that money had rendered unrealistic. But profound narrative, dizzying imagery and hypnotic music aside,…

According to Carl Sandburg, “Time is the most valuable coin in your life. You and you alone will determine the how that coin will be spent. Be careful that you do not let other people spend it for you”. In other words, an individual need to know how they can manage their time effectively to have a successful life. Compare to this ideology, I will be discussing how I managed my time? What obstacles made me distracted to approach my goals and how I faced those grievances. In Bollywood movie, Amir…

Exchange Rates The exchange rate is “the price of a currency in terms of another, e.g. how many U.S. dollars can be bought for one pound sterling” (Rutherford 140). Exchange rate ensures the connection of the national currency with other currencies, as well as a comparison of macroeconomic indicators of different countries. Ultimately, the exchange rate determines the purchasing power of a particular currency. The exchange rate has a significant effect on the country's foreign trade since the…