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Businesses prefer US$ loans due to stable exchange rate (Vietnam Net)
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VietNamNet Bridge ? Unlike previously, when businesses preferred borrowing money VND for fear of VND/US$ rate fluctuations, they now prefer US$ loans due to the lower interest rates
Understanding Exchange Rates As Asset Prices (Resource Investor)
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A random walk (in)famously a better predictor of short-term rates than models emphasising economic fundamentals. This article explains recent literature that has addressed the puzzle by considering an asset-pricing approach. Fundamentals (and expectations of them) are relevant
Interest Rates Matter For Forex Traders (Investopedia via Yahoo! Finance)
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Central banks rate changes are one of the biggest influences on the forex market
Report Warns Of Foreign Leverage U.S. (The New York Sun)
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As talks between the beleaguered investment bank Lehman Brothers and Korea Development Bank crumbled yesterday, sending the bank's shares tumbling 45% to lowest level more than 10 years, a new report by the Council on Foreign Relations highlights the role of foreign countries propping up American assets. Foreign government investments American companies give these countries ..
Who Pays? Foreign Students Do Not Help With The Balance Of Payments (Immigrat
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It has been argued for years that foreign students contribute to America?s balance of payments because of money they bring them from abroad
(AFX UK Focus) 2008-07-10 09:15 ECB says current rates help ensure mediu
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FRANKFURT (Thomson Financial) - The European Central Bank said current level of interest rates help achieve medium-term price stability goal
Price watch: Banks review credit card rates (The New Straits Times)
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KUALA LUMPUR: Banks are reviewing the current three-tier pricing structure on credit card usage and monitoring period, could see lower interest rates charged on the outstanding balance
Rate jump; Wastewater rates increase pending final OK (Laredo Morning Times)
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Beginning Oct. 1, higher wastewater rates are expected to be place, meaning the average residence using 10,000 gallons per month November receive a utility bill for $56.65, a 9 percent or $5.12 increase from the current $51.53 bill.The Laredo City Council initially approved the new rates, but before they take effect, council members must issue final approval
Pound down after BoE leaves rates on hold (AFP via Yahoo! News)
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The pound was lower Thursday after the Bank of England's decision to leave interest rates on hold at 5.00 percent
BoE likely to hold interest rates fog clears (Reuters via Yahoo! News)
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The Bank of England expected to hold interest rates at 5.0 percent on Thursday and probably sit tight has a better idea of the greater evil, surging inflation or slowing economic growth
Bank of England to freeze interest rates amid economic turmoil (AFP via Yahoo
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The Bank of England was widely expected to leave British interest rates unchanged at 5.0 percent on Thursday as seeks to tackle both soaring inflation and slumping economic growth, analysts said
Bank expected to keep rates at 5% (BBC News)
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The Bank of England expected to announce keeping interest rates at 5%, amid growing signs the economy weakening
House prices fall by £20,000 a year - but no relief for homeowners as inte
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Homeowners faced fresh woe today as was revealed house prices have fallen by £20,000 the past year and the Bank of England decided to hold interest rates
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