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<title>IT Industry Today: Floating Exchange Rate News</title>
<link>http://it.einnews.com/news/floating-exchange-rate</link>
<description>Constantly updated news and information about it industry.</description><item>
<title>APEC leaders won&#39;t raise trade barriers for the next year</title>
<link>http://it.einnews.com/news.php?wid=199866992</link>
<pubDate>23 Nov 2008 00:30 GMT</pubDate>
<description>
...  &#39;free&#39; its exchange rate. China keeps its exchange rate artificially low, which helps make Chinese products  ...  China. If China let its exchange rate float in response to global economic conditions, as  ...  global economic conditions, as Canada does, its currency likely would become more expensive. That would  ...
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<title>Keep trade flowing, Harper tells APEC</title>
<link>http://it.einnews.com/news.php?wid=199866876</link>
<pubDate>23 Nov 2008 00:30 GMT</pubDate>
<description>
...  free&#39; its exchange rate. China keeps its exchange rate artificially low, which helps make Chinese products  ...  China. If China let its exchange rate float in response to global economic conditions, as  ...  global economic conditions, as Canada does, its currency likely would become more expensive. That would  ...
</description>
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<title>The World After the 2008 U.S. Presidential Election</title>
<link>http://it.einnews.com/news.php?wid=199850667</link>
<pubDate>22 Nov 2008 20:56 GMT</pubDate>
<description>
...  2001 to June 2003. This succeeded in floating the U.S. economy through injecting a huge  ...  the Office of the Comptroller of the Currency within the U.S. Treasury Department. There was  ...  is restoring the system of fixed currency exchange rates that the U.S. abandoned in 1972, an  ...
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<title>Finance: Third &quot;regime change&quot; in global financial architecture by Chakravarthi Raghavan &amp; Riaz K. Tayob</title>
<link>http://it.einnews.com/news.php?wid=199784320</link>
<pubDate>22 Nov 2008 06:26 GMT</pubDate>
<description>
...  of 1976 amending the IMF articles for floating exchange rates) prevailed until the current (2007-2008)  ...  2000, foreign currency markets have persistently driven exchange rates in the wrong direction: economies with large  ...  surges, to give governments greater autonomy over exchange rate and in setting interest rates, states Wade.  ...
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<title>Armenian premier, IMF representative discuss ways to combat effects of global economic crisis</title>
<link>http://it.einnews.com/news.php?wid=199702171</link>
<pubDate>21 Nov 2008 18:07 GMT</pubDate>
<description>
...  (AMD) was officially introduced as the national currency of Armenia on November 22, 1993. The exchange rate was initially set at 200 Russian roubles  ...  1. Armenia has remained loyal to its floating exchange rate policy since 1994. Z. Sh.  ...
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<title>A New Bretton Woods Vs. The Old Bretton Woods</title>
<link>http://it.einnews.com/news.php?wid=199577757</link>
<pubDate>21 Nov 2008 04:28 GMT</pubDate>
<description>
...  were pegged to the dollar. Currencies didn&#39;t float in those days. Floating, manipulated currencies were  ...  Floating, manipulated currencies were considered an abomination. Exchange rates remained fixed. This stable, gold-linked system formed  ...  surging in popularity. It was hoped this currency tomfoolery would prevent another Great Depression, and  ...
</description>
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<title>Vast reserves protect Russian economy</title>
<link>http://it.einnews.com/news.php?wid=199536561</link>
<pubDate>20 Nov 2008 22:29 GMT</pubDate>
<description>
...  had spent $57.5 billion from its foreign currency reserves in September and October to back  ...  crisis. In addition to fluctuations in currency exchange rates, this has caused Russia&#39;s international reserves to  ...  Central Bank last week loosened its &quot;managed float&quot; policy as it widened the ruble&#39;s trading  ...
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<title>--&gt; MOSAID Reports Results for Second Quarter Fiscal 2009 and Dividend</title>
<link>http://it.einnews.com/news.php?wid=199535773</link>
<pubDate>20 Nov 2008 22:28 GMT</pubDate>
<description>
...  the full permitted 10% of the public float of common shares issued and outstanding when  ...  in transportation networks and fluctuations in foreign currency exchange rates; non-payment or delays in payment  ...  changes in market prices, such as foreign exchange rates and interest rates, will affect the Company&#39;s  ...
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<title>The squeeze is on</title>
<link>http://it.einnews.com/news.php?wid=199531288</link>
<pubDate>20 Nov 2008 21:58 GMT</pubDate>
<description>
...  than that. One whammy has been high exchange rates. The loonie has risen during this decade  ...  junior market is going to be left floating on an ocean of limited access to  ...  other countries sitting on piles of foreign currency recycle their US dollars. If so, which  ...
</description>
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<title>MOSAID Reports Results for Second Quarter Fiscal 2009 and Dividend</title>
<link>http://it.einnews.com/news.php?wid=199526499</link>
<pubDate>20 Nov 2008 21:30 GMT</pubDate>
<description>
...  the full permitted 10% of the public float of common shares issued and outstanding when  ...  in transportation networks and fluctuations in foreign currency exchange rates; non-payment or delays in payment by, or  ...
</description>
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<title>Central bank to hold events on 15th anniversary of Armenian dram on nov 21-22</title>
<link>http://it.einnews.com/news.php?wid=199499850</link>
<pubDate>20 Nov 2008 18:57 GMT</pubDate>
<description>
...  15th anniversary of introduction of Armenian national currency &amp;ndash; Dram. On the occasion, IMF Deputy  ...  1994 Armenia has remained loyal to its floating exchange rate policy. N.V. &amp;ndash;0&amp;mdash; ...
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<title>Chart new growth model</title>
<link>http://it.einnews.com/news.php?wid=199490966</link>
<pubDate>20 Nov 2008 18:27 GMT</pubDate>
<description>
...  in 15 countries that use the euro currency in September. One of the Bretton Woods  ...  Bretton Woods system was based on fixed exchange rates tied to gold reserves and the dollar.  ...  the dollar as all other currencies were floated against it in a so-called open market.  ...
</description>
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<title>Market guru punts Brazil</title>
<link>http://it.einnews.com/news.php?wid=199418195</link>
<pubDate>20 Nov 2008 10:54 GMT</pubDate>
<description>
...  environments, responsible fiscal discipline, commitment to a floating exchange rate and honour of contracts in place. All  ...  Brazil and the stress of the local currency due to the global liquidity concerns, have  ...
</description>
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<title>Catastrophe averted?</title>
<link>http://it.einnews.com/news.php?wid=199413855</link>
<pubDate>20 Nov 2008 10:30 GMT</pubDate>
<description>
...  attract critical attention from capital markets and currency speculators, as Gordon Brown is discovering. Structures  ...  economy (Germany excepted); that a system of floating exchange rates and private banks can no longer take  ...
</description>
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<title>Rouble value may perish on &#39;island of stability&#39;</title>
<link>http://it.einnews.com/news.php?wid=199391136</link>
<pubDate>20 Nov 2008 07:31 GMT</pubDate>
<description>
...  by then-president Putin, championed the accumulation of currency reserves over the past decade to ensure  ...  the central bank, which manages the rouble&#39;s exchange rate against a dollar-euro basket, spent $57.5bn defending  ...  they will be forced to accept a floating currency rate.&quot; That&#39;s not necessarily bad news.  ...
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