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The data on exchange rate for Japanese Yen is in per 100 Yen.; The end year rate for 1998–99 pertain to March 26, 1999 of Deutsche Mark rate.; Data from 1971 to 1991–92 are based on official exchange rates.
For example, an interbank exchange rate of 141 Japanese yen to the United States dollar means that ¥141 will be exchanged for US$1 or that US$1 will be exchanged for ¥141. In this case it is said that the price of a dollar in relation to yen is ¥141, or equivalently that the price of a yen in relation to dollars is $1/141.
[4] [5] On 21 March, the Government introduced a four-tier alert level system, which placed much of the country's population and economy into lockdown from 25 March. [ 6 ] [ 7 ] Due to the success of the Government's elimination strategy in reducing the spread of COVID-19, most lockdown and social distancing restrictions were lifted by 8 June 2020.
The New Zealand dollar was initially pegged to both the British pound sterling and the United States dollar at NZ$1 = UK£ 1 ⁄ 2 = US$1.40. On 21 November 1967 sterling was devalued from UK£1 = US$2.80 to US$2.40 (see Bretton Woods system ), but the New Zealand dollar was devalued even more from NZ$1 = US$1.40 to US$1.12, to match the value ...
Central government announces $40 million funding for mental health service, giving 1.5 million New Zealanders free access to the service, once fully operational. [ 23 ] 27 April – COVID-19 in New Zealand : New Zealand enters alert level 3 for a period of at least two weeks at 11:59 pm, partially lifting the lockdown requirements.
[3] [4] The Economic Survey of India in 2014-15 stated India could target foreign exchange reserves of US$750 billion-US$1 Trillion. [5] India's foreign exchange reserves are mainly composed of the United States Dollar in the forms of United States government bonds and institutional bonds. [6] [7] with nearly 7.34% of forex reserves in gold.
Another financial commentator said the New Zealand dollar was the "hottest" currency of 2014. [88] Only three months later, the New Zealand Productivity Commission expressed concern about low living standards and problems affecting the long-term drivers of growth.
The formula for the valuation of the World Currency Unit has been revised since 2008 so that the GDP weights are now revised every year. While still retaining the meaning of a unit of global real purchasing power, the WCU can now be interpreted as a GDP-weighted basket of currencies, each indexed against domestic inflation.