Foreign Exchange Reserves Videos

Explanation of Foreign Exchange Reserves and Gold. www.MarketSkeptics.com
From: cedec0
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Time: 09:16 More in News & Politics

Published on Saturday 11th of February 2012 01:55:53 AM Read more...

Sept. 16 (Bloomberg) -- Terry Keeley, senior managing principal of Sovereign Trends LLC, discusses the Bank of Japan's currency intervention and China's monetary policy. Keeley talks with Erik Schatzker on Bloomberg Television's "InsideTrack."
From: Bloomberg
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Time: 06:39 More in News & Politics

Published on Saturday 11th of February 2012 01:55:53 AM Read more...

(www.abndigital.com) Nigeria's central bank is diversifying its foreign exchange reserves away from the US dollar and will hold between 5 to 10 percent of them in Chinese yuan. ABN's Alishia Seckam speaks with central bank governor Lamido Sanusi.
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Time: 04:20 More in News & Politics

Published on Saturday 11th of February 2012 01:55:53 AM Read more...
Published on Saturday 11th of February 2012 01:55:53 AM Read more...
Published on Saturday 11th of February 2012 01:55:53 AM Read more...

Watch more Capital Account @ www.youtube.com twitter.com twitter.com Today's word of the day is FOREX. This is the market in which currencies are traded. The FOREX market is the largest, most liquid market in the world. It is open 24 hours a day, except weekends, with an average daily turnover of more than 4 trillion dollars. Traders include large banks, central banks, institutional investors, currency speculators, corporations, etc. The modern foreign exchange market began forming after the breakdown of the bretton woods, fixed exchange rate system, something that we have covered before on this show. Remember, under the bretton woods system each country tied its currency to the US dollar, which was then backed by gold. The US promised to fix the price of gold at 35 dollars per ounce. But with the automatic stabilization mechanism provided through bretton woods no longer around, starting in the early 70s, national currencies were free to float, resulting in a huge build up of exchange reserves over time. Look at that, that's a huge buildup in foreign exchange reservers, which is a direct result of different nation's central banks printing massive amounts of their own currencies after 1971. The three most liquid currency markets in the world remain the euro, the yen, and the us dollar. But with the central banks responsible for maintaining the value of these fiat currencies facing their own unique set of problems, we may very well see a change in this mix in the not too ...
From: RTAmerica
Views: 2460
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Time: 02:33 More in News & Politics

Published on Saturday 11th of February 2012 01:55:53 AM Read more...

Link From: www.newzzcafe.com China's central bank will continue to expand a trial program, under which cross boarder trades can be settled in yuan this year. It's part of plans to grow the currency's international role. In a statement on its website, the central bank said it will increase the use of yuan in cross boarder investment and financing flows. China also welcomes other countries to add yuan to their foreign exchange reserves, and will continue increasing its currency swap agreements with other countries. Chinese banks handled a combined 506 billion yuan in trade settlement business last year.
Views: 948
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Time: 00:33 More in News & Politics

Published on Saturday 11th of February 2012 01:55:53 AM Read more...