Synonyms that are in the dictionary are marked in green. Synonyms that are not in the dictionary are marked in red.
Antonyms that are in the dictionary are marked in green. Antonyms that are not in the dictionary are marked in red.
A currency trader stands near the screens showing the Korea Composite Stock Price Index (KOSPI), center, and the foreign exchange rate between U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, Wednesday, March 22.
Source: https://triblive.com/news/wire-stories/wall-street-quiet-ahead-of-fed-rate-hike-decision/
After reaching a peak of 691 Colons just last June the exchange rate has steadily dropped to just 540 Colons to the dollar.
Source: https://ticotimes.net/2023/03/20/costa-rica-colon-hits-a-low-of-540-against-u-s-dollar-whats-next
A historical chart shows the Australian to US dollar exchange rate over time.
Source: https://berwick.starcommunity.com.au/news/2023-10-11/exchange-rates-in-business/
Americans continue to spend abroad, mostly in Europe, though to a lesser extent than in the prior year period, partly due to the weakening of the US dollar euro exchange rate, which was at parity a year ago.
And I must also say that there has been an increase in the exchange rate of Naira to a dollar at the official rate.
Source: https://www.pulse.ng/news/local/nahcon-pegs-2023-hajj-fares-at-naira28m-per-pilgrim/p54hbhr
An exchange rate of N462 to the dollar was the highest rate recorded within the day’s trading before it settled at N461.40.
Source: https://www.pulse.ng/business/local/naira-loses-slightly-by-001-to-dollar/w2zvcj1
A spot exchange rate of ₦799.90 to the dollar was the highest rate recorded within the day’s trading before it settled at ₦773.42.
Bangladesh is in trouble with the retained exchange rate.
Source: http://bangladeshchronicle.net/how-bangladesh-trying-to-keep-the-stability/
Besides, under this administration, Nigeria became the poverty capital of the world; exchange rate was 179/$ in 2015, it is now N800; petrol was N85 per litre in 2015, it is now N195 in Abuja, while in some states it goes for N300 or N400.
Source: https://ogtv.com.ng/2023/02/21/as-apc-ends-presidential-campaign-in-lagos-tuesday/
Consequently, sterling’s exchange rate would come under pressure, and with a trend of rising consumer prices continuing, interest rates would have to be raised to get the gilt issue of the day subscribed.
Source: https://www.lewrockwell.com/2023/01/alasdair-macleod/the-evolution-of-credit-and-debt-in-2023/
Danbatta said that intending pilgrims would pay N2.9 million as Hajj fare while blaming the increase in this year’s Hajj fare to rising dollar exchange rate and the increase in tax revenue from Saudi Arabia and airlines.
Source: https://punchng.com/complete-hajj-payment-by-april-21-or-lose-slot-board/
"First of all, stability of the exchange rate, stabilizing the national currency," he said.
For context, that’s $25 in transaction fees for every $1,000 you spend on your card, and you have to pay the exchange rate as well.
Source: https://www.moneysense.ca/spend/credit-cards/best-no-foreign-transaction-fee-credit-cards-in-canada/
Forex revaluation gains result from the appreciation in the worth of the banks' assets and liabilities expressed in foreign due to fluctuations in the exchange rate between foreign and local currencies.
For the three and six months ended March 31, 2023, the effect of foreign exchange rate changes on cash, cash equivalents and cash included in funds held for clients had a favourable impact of $9.8 million and $43.3 million, respectively.
Harberger, for example, was particularly concerned about the exchange rate between the ruble and other currencies.
Source: https://spectator.org/when-putin-got-into-reaganomics/
He added that the removal of the fuel subsidy and switch to a unified market-reflective foreign exchange rate affected businesses.
Source: https://pmnewsnigeria.com/2023/12/21/may-baker-to-launch-7-new-products-in-2024/
He plans to simplify the exchange rate regime but discontinue multiple exchange rates.
He said the dual currency system was likely to continue for the time being and the central bank would try to stabilise the exchange rate.
I disagree with government increasing wages, but will suggest that they do what is required in tackling the widening exchange rate of the Naira to the dollar.