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Foreign Currency Exchange Rates

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Foreign currency rates have been volatile of late as the simmering European debt crisis threatens to send the Euro into another tailspin.

European financial ministers are meeting, again, in an attempt to push through a financing package. News reports put the size of a comprehensive rescue package at around €2 Trillion.

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Foreign Currency Rates

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Foreign currency rates have been volatile of late as the simmering European debt crisis threatens to send the Euro into another tailspin.

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Mexican Currency Exchange Rates

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US Dollar Exchange Rates

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As the European debt crisis threatens to worsen US dollar exchange rates are going up.

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Volatile Foreign Currency Rates

Volatile foreign currency rates are driving Forex traders to the US Dollar - USD. The US congress is back to having problems deciding if it will extend the debt ceiling and Europe is still dallying over a bailout of its struggling members’ debts.

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Peso Exchange Rate Lowest Since 1993

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La onda expansiva del coronavirus tiñe de rojo los mercados

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La Comisión Europea trabaja para la regulación de las criptomonedas a nivel comunitario

Según el BCE,una criptomoneda pública podría ser necesaria si los pagos en Europa continúan siendo muy caros.View on euronews

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This is a continuation of our video reviewing Hybrid FX method during the EURO/USD dip of last week.

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China devalues Yuan by 1.62 percent with respect to US dollar

Beijin, Aug 12 (EFE).- The Chinese central bank devalued Wednesday the Yuan by 1.62 percent with respect to the US dollar, after it announced Tuesday a reform to its foreign exchange system that has already led to a nearly 2-percent devaluation.

China justified its decision due to low currency rates in the last several days.



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EU, Kazakhstan aim for closer cooperation

Brussels, Feb 26 (EFE).- Officials of the European Union and Kazakhstan conferred here Monday on new ways to cooperate in both the economic and political spheres.
The 16th meeting of the EU-Kazakhstan Cooperation Council featured an exchange of ideas on removing obstacle to trade, facilitating foreign investment in the Central Asian country and stimulating the Kazakh economy, Bulgarian Foreign Minister Ekaterina Zaharieva said on behalf of the EU at the conclusion of the session.
 
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Defence chief has 'serious' talks with PM and chancellor in face of cash squeeze and Ukraine war

Admiral Sir Tony Radakin tells Sky News's Sophy Ridge on Sunday programme that Rishi Sunak "absolutely" understands the UK cannot have economic stability without security - and that comes at a price. Security and Defence Editor @haynesdeborah Please use Chrome browser for a more accessible video player The head of the UK's armed forces and the defence secretary have held "serious" talks with the prime minister and chancellor about the need to invest in defence at a time of war in Europe despite grave economic pressures at home. Admiral Sir Tony Radakin told Sky News' Sophy Ridge on Sunday programme that Rishi Sunak "absolutely" understood the UK cannot have economic stability without security - and that comes at a price. But he would not be drawn on whether he and Ben Wallace had managed to secure an extra £8bn over the next two years - the amount needed to protect their budget and modernisation plans from inflation and a weak pound. The military is vulnerable to foreign exchange rates

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China intensifies diplomacy but insists not to rival US

Beijing, Mar 8 (EFE), (Camera: Álvaro Padilla).- Chinese Foreign Minister Wang Yi on Thursday argued that his country's double-suspension proposal of urging South Korea and the United States to suspend joint military drills in exchange for North Korea stopping their nuclear tests, has played a key role in the rapprochement between the two Koreas.
 
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EU, Kazakhstan to agree on roadmap for relations in 2017

Brussels, Oct 4 (EFE).- The European Union and Kazakhstan on Tuesday touted in Brussels the good path that bilateral relations are on and vowed to come up with a roadmap for exchanges between the 28-nation bloc and the Central Asian country, focusing mainly on economic cooperation and the fight against terrorism.

"In the first half of next year, we could finish the plan that will be our roadmap," Kazakh Foreign Minister Erlan Idrissov said in a press conference.



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Dollar Collapse : No Hyperinflation. Expect worse.

There is no need for Americans to worry about hyperinflation thanks to the FED and the wonderful financial fantasy system. There are much worse things on the horizon.\r
\r
Hyperinflation occurs when a country experiences very high and usually accelerating rates of inflation, rapidly eroding the real value of the local currency, and causing the population to minimize their holdings of the local money. The population normally switch to holding relatively stable foreign currencies or precious metals. Under such conditions, the general price level within an economy increases rapidly as the official currency quickly loses real value.\r
\r
Hyperinflations are usually caused by large persistent government deficits financed primarily by money creation (rather than taxation or borrowing). As such, hyperinflation is often associated with wars, their aftermath, sociopolitical upheavals, or other crises that make it difficult for the government to tax the population.\r
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Governments will often try to disguise the true rate of inflation through a variety of techniques. None of these ions address the root causes of inflation and if discovered, they tend to further undermine trust in the currency, causing further increases in inflation. Price controls will generally result in shortages and hoarding and extremely high demand for the controlled goods, causing disruptions of supply chains. Products available to consumers may diminish or disappear as businesses no longer find it sufficiently profitable (or may be operating at a loss) to continue producing and/or distributing such goods at the legal prices, further exacerbating the shortages.

Ver video "Dollar Collapse : No Hyperinflation. Expect worse."