exchange rates

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Know Macroeconomics and Become a Billionaire

Warning! This article is not suitable for a commentary (it's just very interesting). Priceonomics: The Trade of the Century: When George Soros Broke the British Pound IB Economics syllabus: Macroeconomics (exchange rates) This is a superb article that explains in detail how a managed exchange rate works in real life (with all its downsides) [...]

By | 2017-08-23T11:24:55+00:00 August 23rd, 2017|Macro|Comments Off on Know Macroeconomics and Become a Billionaire

A stronger dollar means American goods become less attractive for tourists

CNN Money: Macy's sales slump as foreign tourists stop spending Article published: May 13, 2015 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: International Economics (exchange rates, export prices) As the USD got stronger, tourists in the U.S. started spending less (especially when it comes to luxuries). Source of image: Kena [...]

By | 2017-08-23T10:51:29+00:00 May 14th, 2015|International Economics|Comments Off on A stronger dollar means American goods become less attractive for tourists

USD hit by a single comment

Reuters: Dollar hit by Japan government adviser's yen comment, Aussie jumps as RBA stands pat Article published: Mar 2, 2015 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: International Economics (exchange rates) Source of image: IndiaCrunch.in Do you need a little boost with IB Economics? Register for private lessons here. Looking for [...]

By | 2017-08-23T10:57:52+00:00 March 3rd, 2015|International Economics|Comments Off on USD hit by a single comment

Swiss National Bank discontinues minimum exchange rate

Business Insider: The Swiss Franc Is Rocketing Upwards Article published: Jan 15, 2015 - out of date: no longer suitable for your IB Economics commentary IB Economics syllabus: International Economics Press release of the Swiss National Bank can be read here. Source of image: Business Insider Do you need a little boost with IB Economics? [...]

By | 2017-08-23T11:02:54+00:00 January 15th, 2015|International Economics|Comments Off on Swiss National Bank discontinues minimum exchange rate
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