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3 questions
0
votes
1
answer
75
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Large quantity sale of CNY at current currency value
Some company wants to sell large quantity of CNY and buy USD on Forex. Let current currency value is 1 CNY = 0.14 USD at the time moment on Forex. When company sell large quantity of CNY, money supply ...
-2
votes
1
answer
100
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How does one country peg its currency to another's? [closed]
For example, Belize has pegged its currency to the US dollar at an exchange rate of 2 Belize dollars to 1 US dollar. How does Belize do that?
3
votes
3
answers
207
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Russian ruble drop in value due to low oil prices
http://www.americanactionforum.org/research/impact-falling-oil-prices-russian-financing/
Based on the above article, the author states that "For budgeting, this favors the oil exporter, because a ...