Pakistan & Gulf Economist, Volume 2, Issues 1-13Economist Publications, 1983 - Middle East |
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Page 14
World currency movements An exchange rate on any given day is largely a distorted one . It is a reflexion of ... foreign ex- change movements . The amount is probably between US $ 200-250 billion a day , or $ 50-62.5 trillion a year . We ...
World currency movements An exchange rate on any given day is largely a distorted one . It is a reflexion of ... foreign ex- change movements . The amount is probably between US $ 200-250 billion a day , or $ 50-62.5 trillion a year . We ...
Page 15
... currencies . In market trading terms , the amount is very small . It is clear from the statistics concerning central bank foreign exchange intervention that individual central banks on occasion and under currency pressure intervene for ...
... currencies . In market trading terms , the amount is very small . It is clear from the statistics concerning central bank foreign exchange intervention that individual central banks on occasion and under currency pressure intervene for ...
Page 16
... exchange positions to reflect their views on currency risk by receiving funds in hard currencies and paying in soft ... foreign exchange . Neverthe- less , the Russians are acutely aware of foreign exchange movements and are usually very ...
... exchange positions to reflect their views on currency risk by receiving funds in hard currencies and paying in soft ... foreign exchange . Neverthe- less , the Russians are acutely aware of foreign exchange movements and are usually very ...
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Abu Dhabi achieve agricultural sector Arab areas assets Bahrain balance Baluchistan Bank of Pakistan bullion market capacity capital cent commercial banks commodity cost cotton coun Customs demand deposits developing countries dollar domestic economic engineering export Faisalabad farmers Federal financing foreign exchange funds Government growth Gulf Air GULF ECONOMIST imports improve income increase India indus industrial interest investment Iran Islamabad Islamic Karachi Kuwait Lahore Lahore 40 Kgs land leather loans major manufacturing ment Middle East million Minister Mohammad Multan OPEC operations organisation payments private sector problems production profit programme projects public sector Qatar region role rupee Saudi Arabia seminar share Sixth Plan South Korea Special Drawing Rights steel supply textile Third World tion tons trade United week under review World Bank