Example sentences of "an exchange rate " in BNC.
Next page| No | Sentence |
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| 1 | So an exchange rate of fewer than DM3 to the pound today might not be so inconsistent in market terms . |
| 2 | Mrs Thatcher should do either as the Mail demands and replace Mr Lawson with a Chancellor of whose policies she can wholeheartedly approve or , as Mr Heseltine urges , lift her veto against the only course which could give credibility to an exchange rate policy . |
| 3 | On this day : the Order of the Bath was constituted , 1399 ; Pope Leo X conferred the title ‘ Defender of the Faith ’ on Henry VIII , 1521 ; Peter the Great became Tsar of Russia , 1669 ; the Chicago Fire ended , having almost completely destroyed the city at a cost of $196m , 1871 ; the Anglo-Boer War started , 1899 ; Czechoslovakia became an independent republic , 1918 ; inflation overtook German currency , with the mark dropping to an exchange rate of 10,000m to the pound , 1923 ; fighting broke out in China between the Nationalists under Chiang Kai-shek and the Communists under Mao Tse-tung , 1945 ; Pope John XXIII opened the second Vatican Ecumenical Council , 1963 . |
| 4 | He added that the Government had ‘ neither an exchange rate policy nor an interest rate policy ’ . |
| 5 | But at an exchange rate of , say , DM2.70 ( instead of the present DM2.90 ) the trade-offs for the new Chancellor will begin to look different . |
| 6 | Though the group believes Britain should join , it warns that it should only do so at an exchange rate of around DM2.40 to the pound — involving a 15 per cent devaluation from the current DM2.79 . |
| 7 | Though the group believes Britain should join , it warns that it should only do so at an exchange rate of around DM2.40 to the pound — involving a 15 per cent devaluation from the current DM2.79 . |
| 8 | Recession is guaranteed for several months to come by higher taxes , higher interest rates and an exchange rate depressed both by a squeeze on the supply of local currency and by a surfeit of dollars from the booming trade in cocaine paste . |
| 9 | Again , there is no charge for purchases other than paying an exchange rate 2 p.c. or 3 p.c. worse than the wholesale money market rate . |
| 10 | It 's not a bad idea to make sure you change larger notes before you return from your holiday since — depending on where you 've been — you may lose out by as much as half a per cent on an exchange rate . |
| 11 | A substantial surplus or deficit will generally necessitate an exchange rate adjustment to restore equilibrium in the current account — a surplus is an indication of a strong ( appreciating ) currency and vice versa with a deficit . |
| 12 | That is most evident with out-of-the-money puts , exercisable only when the peseta touches an exchange rate lower than current forward rates . |
| 13 | Some economists believe that most exporters are unprofitable at an exchange rate with the dollar of ¥115 or higher . |
| 14 | Therefore an exchange rate will be established at which capital account transactions offset the current account balance , but the demand and supply of currency may be equated ( i.e. there should be no need for official financing ) only at the expense of large fluctuations in exchange rates . |
| 15 | In summary , an exchange rate system needs to be sufficiently flexible to cope with long-run changes in countries ' competitive positions . |
| 16 | The existence of large and mobile capital flows makes it extremely difficult for national governments to overcome market pressure and maintain an exchange rate which is not compatible with general market sentiment . |
| 17 | An exchange rate stabilization fund has been created by the pooling of 20 per cent of the gold and dollar reserves of central banks with the European Monetary Cooperation Fund in return for issues of ECUs . |
| 18 | It is one thing to join an exchange rate mechanism with certain quite wide margins within which the currency can fluctuate , as has been necessary . |
| 19 | To the Editor of The Times , 18 December 1990 : Sir , You said in your leader of 14 December , ‘ the highly political decision to enter the European exchange rate mechanism last October and at an exchange rate of DM2.95 to the pound looked like a mistake at the time . |
| 20 | Note : The price quoted is based on an exchange rate of 2,250 IL = £1 and on a group of 28 passengers , and is subject to possible increase with lower numbers or a lower value of the pound , as per DA Study Tours brochure conditions ( available on request ) . |
| 21 | Would it be done in the first year of a Labour Government , in the first Labour Parliament , or in two or three terms , or will there be an exchange rate mechanism-type growing process whereby we get used to the idea over 10 or 15 years and the Scots can have it immediately because they are culturally and politically ready for it , but the people of the north , who are not that bothered , will have to wait 15 years until they see the advantages that will supposedly accrue to Scotland and then will mount the barricades and demand the same for themselves ? |
| 22 | The government projected an exchange rate for 1990 of between $1.00=P21.5 and $1.00=P23.5 . |
| 23 | Vietnam owed the Soviet Union some 10,000 million roubles ( 6,000 million roubles due by 1995 ) , but the two sides failed to agree on an exchange rate for converting the debt into hard currency . |
| 24 | The general budget was set at R13,156,289 million ( US$187,900 million at an exchange rate of US$1.00=R71.1848 as at March 19 , 1990 ) which included the budget for state-owned companies , foreign project financing and the government budget ; the latter comprised some 40 per cent of the total , overall expenditure being set at R5,596,000 million ( $79,900 million ) with revenue set at R4,000,000 million ( $57,300 million ) leaving a deficit of R1,596,000 million ( $22,600 million ) . |
| 25 | Under the legislation the currency would be fixed at US$1.00=10,000 australs from April 1 , an exchange rate described by the opposition Radical Civic Union ( UCR ) as artificially strengthening the local currency for electoral purposes . |
| 26 | The controversy over the continuing influx of Poles seeking cheaper Czechoslovak goods — and the difficulty of fixing an exchange rate between the koruna and the zloty — prevented visa requirements between the two countries from being lifted until July 1991 . |
| 27 | However , Civic Union withdrew support for the government when acting Prime Minister Yegor Gaidar , presenting " a programme of urgent measures to lead the Russian economy out of crisis " to a joint sitting of the Supreme Soviet on Nov. 26 , ruled out compromise on four key points demanded by Civic Union : ( i ) return to the state distribution system ; ( ii ) large increases in the money supply ; ( iii ) freezing wages and prices ; and ( iv ) fixing an exchange rate below that of the market . |
| 28 | The fair price of an exchange rate or currency contract can also be determined using arbitrage strategies . |
| 29 | Members of a CU may participate in an exchange rate union such as the EMS , and therefore short-term exchange rate adjustment may not be available to them . |
| 30 | Second , an exchange rate union involves the irrevocable fixity of intra-union exchange rates and the free movement of capital across the union . |