He is reported to have raised the question of the euro-dollar exchange rate with Mr Bush.
The euro-U.S. dollar exchange rate slid 0.3% to 1.3118 while gold firmed 0.9% to 1, 714 per ounce.
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We are evaluating ways to potentially mitigate the impact of any further weakening in the yen-to-dollar exchange rate.
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The long-term chart of the euro-dollar exchange rate shows a series of lower highs since 2007 (line c).
We see a rising probability of pressure on the renminbi-to-the-dollar exchange rate in the second half of next year.
However, the Americans, at the other end of the yen-dollar exchange rate, do not necessarily see things this way.
Gold prices surged starting March 15, as the Cypriot banking crisis was erupting, as the euro-dollar exchange rate broke down.
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Whether its computers, drugs, even farm equipment or soda water, your revenue line gets squeezed 3% or 4% by the dollar exchange rate.
The crises of the 1990s did, however, tend to have one thing in common: they all had some kind of fixed exchange rate, often a fixed peg or link to another currency, usually the dollar, or an exchange-rate band, again usually linked to the dollar.
At the moment, it doesn't appear that the dollar-yuan exchange rate is having an enormously harmful effect on the broad U.S. economy.
But with the dollar-rand exchange rate now at near 8 rand, mining companies in South Africa would receive around 12, 000 rand an ounce, Tremblay said.
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In other words, these measures have had almost no mid-term impact on the dollar-real exchange rate because investments of all kinds continue flowing into this country.
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Because most American Bitcoin vendors automatically adjust their prices to the current dollar-Bitcoin exchange rate, Bitcoin-denominated prices would quickly fall to reflect the new, higher Bitcoin price.
Put simply, the dollar-yen exchange rate has been artificially depressed because of a gigantic repatriation of Japanese investments from Europe and the U.S. The dollar will soon soar higher.
Stabilizing the dollar-euro exchange rate can only be achieved within a rule-based monetary regime, not by relying on "independent" central banks and finance ministers to coordinate monetary policy to do it.
The CurrencyShares Australian Dollar Trust ( FXA) tracks the exchange rate of the Australian dollar and currently yields 3.1%.
Since then, the renminbi has appreciated by 3.1 percent against the U.S. dollar, and the exchange rate now stands at 6.595 to 1.
Yields on 10-year Treasuries fell a further 1.5% to 1.85, while euro rose marginally against the dollar, taking the exchange rate to 1.2937.
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But then, President Nixon took the dollar off that fixed exchange rate system, and it's very hard to imagine how we could go back there now.
What the IMF was supposed to do was strictly this: provide loans to countries whose currencies were having trouble staying at a fixed rate of exchange to the dollar, so that that rate would be maintained.
But dollar savings are being converted at an exchange rate of 1.4 pesos to the dollar, and will then be indexed to inflation.
While platinum prices have fallen in dollar terms over the last few months, fluctuations in the foreign-exchange rate between the U.S. dollar and South African rand have actually meant South African mining companies are effectively receiving a higher payment for their metal, Tremblay said.
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He announced a series of currency controls and fixed the exchange rate against the dollar (see article).
With Japan closed, the next catalyst for the exchange rate between the dollar and the yen could be the Federal Reserve's policy meeting.
Mundell is proposing, in effect, a de facto super-regional currency area by managing the exchange rate between the dollar and the euro through a process of central bank coordination.
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The next potential catalyst for the exchange rate between the dollar and the yen will come from the U.S., where nonfarm payrolls data will be released after Asian markets close.
Under a currency board arrangement, the central bank guarantees the redemption of all notes in circulation at a set exchange rate to the dollar or another foreign currency or basket of currencies.
After April, Mr. Takeuchi says the impact of a weaker currency will start to be felt, boosting Japanese earnings by around 15% based on the yen's current exchange rate against the dollar and the euro.
Fixing the exchange rate between the dollar and euro by bureaucratic edict would be a huge mistake, like anchoring two sinking aircraft carriers together hoping the buoyancy of the two is greater than the sum of the individual compartments.
FORBES: Mundell's Dollar/Euro Fix Doesn't Fix Our Currency Mess
Now, it is clear why: He believes it is possible and desirable to link the dollar and the euro by bureaucratic fiat (pun most certainly intended) simply by having the U.S. Treasury fix the exchange rate between the dollar and the euro by decree.
FORBES: Mundell's Dollar/Euro Fix Doesn't Fix Our Currency Mess
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