United States dollar

Obviously, the main currencies used in ASEAN are US dollar, Euro, UK pound, and the Japanese yen. This section shows the comparison of those currencies to RMB in recent years. As mentioned earlier, the most important currency for ASEAN is US dollar. There are several reasons behind this. First, ASEAN’s currencies were originally fixed to US dollar since the countries would like to import macroeconomic stability from US dollar. With the mismanaged U.S. monetary policy, ASEAN countries would like…

2. The PZK Co will take out a forward exchange contract, the foreign exchange contract is define as an agreement of two sides to determine in a specified amount of currency exchange on a valid date. The advantages of PZK Co use forward contracts are that, the company can hedge their imports by locking the currency rate, to avoid the unfavourable exchange rate and fluctuations thus the company can make use of the forward contract to ensure the exchange rate is fixed at the deal day. Moreover, the…

In China, the Tang Dynasty was deciding on what tax system they should use. They had two options: the once a year tax or the twice a year tax. The once a year tax would be collected once a year. The twice a year tax would be collected twice a year. Lu Zhi wrote a memorial against the twice a year tax and Lu Zhi had a good point. The taxes in China went towards anything the government needed fixed or replaced. China’s government depended on the people paying the taxes to get out of debt…

to find the piece of them that is missing. In the short story "What You Pawn I Will Redeem" by Sherman Alexie, Jackson Jackson attempts to earn over nine hundred dollars to "win" back the regalia from his grandmother at the pawn shop. Unfortunately the one day he has to earn the money for the regalia, he only comes back with five dollars, the amount he originally began with. Superficial readers would believe that Jackson goes on the journey to only win the regalia back; however, he tries to find…

Gold bullion coins are easy to sell and there are many options available for a coin seller. However, just because it is easy does not mean you always get the best deal. Before trying to sell your gold bullion coin, you must know at least approximate value. If you are experienced enough, you can estimate the value yourself, however for beginner coin collectors, or someone who got the coin through inheritance or as a gift, the best option is to have the coin apprised. Typically, there are fees…

reality has been demonstrated that the pound has fallen in light of Australian dollar. This thought or era is totally depended upon the information or fulfilled data gave by the Reserved Bank of Australia. According to (Investopedia; 2016), there are different outside powers that has been controlling the conduct of activity of Australian dollar or pound. The separation in the estimation of cash of pound and Australian dollar is because of the variety in the rate of enthusiasm of the banks of…

been heard and read, and some of those directed at Athletic Director Jeff Long are not flattering. Like, Long is a money-grubber, a Yankee, an athletic director with too many layers between him and the real fan base, and a guy out of touch with the state of Arkansas. Well, the fact is, Long was doing what he is paid to do -- look out for the athletic department. That's why he's called the athletic director. The president of the UA system, Donald Bobbitt, and Chancellor Joe Steinmetz, who…

It is not the easiest to find something good to do with a dollar. You can’t even buy anything at the Dollar Tree because with tax, you are spending $1.07. You could buy a Ricker’s soda, I guess, but that’s not really going to make an impact on anyone’s life. With my dollar, I decided to exchange it for one hundred pennies at Payless. Why would I want a hundred pennies? Well, I took those hundred pennies and spread them all across Muncie, Indiana while I was at shopping on Friday. I put all the…

Penny's? Do we really need them? all we do with penny's is either throw them away into fountains, ponds and even on the ground or we just store penny's in jars, boxes, bags. There is no reason to have the penny anymore all they do is cost people money to make them, and they take up a lot of space on our dressers, wallets, counters and etc. They also take up a lot of time if we didn't have to penny we would have more time to do other things instead of counting pennies for hours of the day.There…

article because there is nothing that we can buy with the penny, America has nostalgia when it comes to traditions, and As Sapphire puts it "you can't buy anything with a penny anymore. Penny candy? Not for sale at the five-and-dime (which is now a ''dollar store''). Penny-ante poker? Pass the buck. Any vending machine? Put a penny in and it will sound an alarm." What he is saying is today a penny is virtually worth nothing, but when it was first created, it was worth what a quarter is to us…