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Ration foreign exchange |
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Ration foreign exchangeTo ration access to scarce foreign currency under a pegged exchange rate with an over-valued currency. Usually done by means of import licensing. See exchange control.Similar MatchesExpectations theory of forward exchange ratesExpectations theory of forward exchange ratesA theory of foreign exchange rates that states that the expected future spot foreign exchange rate t periods from now equals the current t-period forward exchange rate. Indirect Exchange RateIndirect Exchange RateThe foreign currency price of one unit of the home currency. ExchangeableExchangeableApplies mainly to convertible securities. Means the issuer, if so stated, may substitute a convertible debenture for an existing convertible preferred with identical terms. Most often used when a corporation has an immediate need for equity capital and a low tax rate, and expects either or both conditions to change. This would make the debenture less attractive if the interest tax-deductibility is lost. Exchange stabilization fundExchange stabilization fundA government institution sometimes used to handle exchange market intervention, charged with the explicit function of smoothing exchange rate fluctuations. Equilibrium exchange rateEquilibrium exchange rateExchange rate at which demand for a currency is equal to the supply of the currency in the economy. Further SuggestionsExchange of assetsFixed exchange rate Exchangeable instrument Pure exchange economy Exchange Rate Mechanism Shenzhen Stock Exchange Foreign exchange risk Foreign exchange swap Nominal exchange rate Kuala Lumpur Stock Exchange (KLSE) Tradepoint Investment Exchange London Metal Exchange (LME) Direct Exchange Rate New York Stock Exchange (NYSE) Istanbul Stock Exchange Exchange rate risk Caracas Stock Exchange Rate of exchange Chicago Stock Exchange (CHX) Stock Exchange Automated Trading System PLUS Real exchange rate International Petroleum Exchange (IPE) Oslo Stock Exchange Foreign exchange broker Karachi Stock Exchange |
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