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The cost of one Euro in Australian Dollar. Prior to 1983, Australia maintained a fixed exchange rate. The Australian pound was initially at par from 1910 with the British pound or A£1 = UK£1; from 1931 it was devalued to A£1 = 16s sterling. This reflected its historical ties as well as a view about the stability in value of the British pound.
This replaces past practices under a gold standard where the main concern is the gold equivalent of the local currency, or under a gold exchange standard where the concern is fixing the exchange rate versus another gold-convertible currency (previously practiced worldwide under the Bretton Woods Agreement of 1944 via fixed exchange rates to the ...
As of January 3, 2022, effective state minimum wage rates range from US$7.25 to US$15.00 per hour, with an average of about $12.00 across all minimum wage workers as of 2019. [ 238 ] [ 239 ] [ 240 ] Local government minimum wages exist as well, the highest of which reach to $17.13 per hour.
Using the AidData database, it is possible to search for U.S. foreign aid activities financed between 1973 and 2008, and download them as a CSV file. Congressional Research Service. Foreign Aid: An Introductory Overview of U.S. Programs and Policy (2011) 37 pp online
The Atyrau Region received most of the investment – $8.3 billion (a 48.3 percent increase), followed by Almaty city with $7.6 billion (10.9 percent), Astana – $2.2 billion (107.2 percent), the East Kazakhstan Region – $2.2 billion (3.1 percent), and the Aktobe Region – $1.2 billion (11.2 percent down).
[47] [48] The index measures restrictions on business, trade, investment, finance, property rights and labour, and considers the impact of corruption, government size and monetary controls in 183 economies. Hong Kong is the only economy to have scored 90 points or above on the 100-point scale, achieved in 2014 and 2018.
The 2015–2016 stock market selloff was the period of decline in the value of stock prices globally that occurred between June 2015 to June 2016. It included the 2015–2016 Chinese stock market turbulence, in which the SSE Composite Index fell 43% in just over two months between June 2015 and August 2015, [1] [2] which culminated in the devaluation of the yuan.
China's Reserve Requirement Ratio for large banks. China's banking sector had CN¥417 trillion (US$58.54 trillion) in assets at the end of 2023. [1]The "Big Four" state-owned commercial banks are the Bank of China, the China Construction Bank, the Industrial and Commercial Bank of China, and the Agricultural Bank of China, all of which are among the largest banks in the world as of 2018.