Search results
Results From The WOW.Com Content Network
A reserve currency is a foreign currency that is held in significant quantities by central banks or other monetary authorities as part of their foreign exchange reserves.The reserve currency can be used in international transactions, international investments and all aspects of the global economy.
In the following table, for each country/territory, IMF figures shows government's revenue, expenditure, and net lending (+)/ borrowing (-) as percentage of GDP and in current USD, calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. [3] Sorting is alphabetical by country code, according to ISO 3166-1 alpha-3.
The Pakistani rupee depreciated against the US dollar until around the start of the 21st century, when Pakistan's large current-account surplus pushed the value of the rupee up versus the dollar. Pakistan's central bank then stabilized by lowering interest rates and buying dollars, in order to preserve the country's export competitiveness.
For installations between 200 and 500 kilowatts, the rate increases to 0.973 EGP/KWh. Larger non-residential installations, ranging from 500 kilowatts to 20 megawatts, are paid in USD at a rate of US$0.136/KWh (with 15% of the tariff linked to an exchange rate of 7.15 EGP per USD). The highest category, spanning 20 to 50 MW, pays US$0.1434/KWh.
This figure is an important indicator of a nation's ability to take on debt and sustain spending and is influenced not only by real estate prices, equity market prices, exchange rates, liabilities and incidence in a country of the population, but also by human resources, natural resources, and capital and technological advancements, which may ...
Sterling and many other currencies continued to appreciate against the dollar; sterling hit a 26-year high of £1 to US$2.1161 on 7 November 2007 as the dollar fell worldwide. [116] From mid-2003 to mid-2007, the pound/euro rate remained within a narrow range (€1.45 ± 5%). [117]
The following list provides information relating to the minimum wages (gross) of countries in Europe. [1] [2]The calculations are based on the assumption of a 40-hour working week and a 52-week year, with the exceptions of France (35 hours), [3] Belgium (38 hours), [4] United Kingdom (38 hours), [3] Germany (38 hours), [5] Ireland (39 hours) [5] and Monaco (39 hours). [6]
USD/MXN exchange rate. Mexican peso crisis in 1994 was an unpegging and devaluation of the peso and happened the same year NAFTA was ratified. [2]The Mexican peso (symbol: $; currency code: MXN; also abbreviated Mex$ to distinguish it from other peso-denominated currencies; referred to as the peso, Mexican peso, or colloquially varo) is the official currency of Mexico.