Build your professional network on facebook via our app Go to app
 
 1 of 13 in Topic  Next >>
Topic : Dollar currency loosing its sheen
  Rate : 
Posted in Community :

Investment Hub

 
Started by : Archana Singh, Relationship Executive, ICICI Bank   10 23 2009 11:29:05 +0000
Industry : Asset ManagementFunctional Area : USA(Markets)
Activity:  24 views;  last activity : 07 06 2010 20:18:09 +0000

The U.S. dollar is the currency most used in international transactions.The US dollar has been adopted by a number of countries as their official currency. so the change in the value of dollar would effect many countries. So What according to you are the critical factors which effect value of U.S Dollar?

pls share your ideas......

 
Share
 
 
  Rate : 
 
 
 
 
  1 0 0
 
 
 
 
 
 
 
 
 
1 2 3
1 Strategic Reduction
2 Trade balance
3 Change in administration

Strategic Reduction

idea posted by Mathew Cherian Research Associate/Analyst, Western Michigan University

Paul Krugman in today column in BL acknowledges that US dollar is being devalued as a strategic approach to reduce the trade deficit of US, ie; their import will reduce and exports improve due to devalusation of dollar.

He also states that the Chinese have peged their currency to dollar and is also devaluing their currency so that their exports won't be hit by fall in dollar.

He urges Chinese to be little co-operative so that no game will arise.

1
No supporting Arguments for this idea
Add your argument:

Trade balance

idea posted by Archana Singh Relationship Executive, ICICI Bank

I think the main thing that effect the value of dollar is the trade balance.That is  difference between imports and exports. Recently the US has been running a trade deficit with the rest of the world . And increasing trade deficit is making foreign investors increasingly nervous and can affect the dollar significantly.

0
No supporting Arguments for this idea
Add your argument:

Change in administration

idea posted by Esha Johar Risk Analyst, Irevna

Election also effects the value of the dollar. Some time investors would be having confidence in new administration and some times they would be tensed. This cause investors to attract to or flee from the dollar. And this change the value of the dollar positively or negetively.

0
No supporting Arguments for this idea
Add your argument:

Add your Idea
Idea* : 
Add your argument:
edit in rich text ...

Found the idea contest "What according to you are the Critical Factors which effect value of U.S Dollar?"  interesting ?  Click here to refer to your connections and communities
The Art of Placements
Reconciliation of Fixed Assets Register, Tax Audit Preparing data, Monthly TDS & Service Tax working, Rent Schedule, Accounts Executive/Accountant, A subsidiary of the pioneer financial service company in India, Mumbai
Good knowledge of Tax computation, Audits, TDS, Head of Accounts, A subsidiary of the pioneer financial service company in India, Mumbai
Public Relations, Marketing Communications, Head of Marketing Communications, Leading MNC in India
Viewers also viewed
We say think positive be optimistic. We also say that we should find out our weakness and try to...
 
1812 referals 14 arguments, 261 views
 
69 referals 5 votes, 218 views
To be happy a person has to be self satisfied. There are many factors which contribute to this....
 
34 referals 6 votes, 266 views
more...  
Recent Knowledge (4)
When we are watching news channels or any other channel or reading news papers you bump upon...
 
2022 referals 12 votes, 283 views
we all know the perils of talking on cell phones while driving. besides being hazourdous to...
 
290 referals 2 votes, 36 views
more...  
More From Author
Investment is a very sensitive sector. We need to be very careful because even a minute thigns has amultiplied effect here. A little chnage makes a huge difference , doesn't it? The terror attacks have become very common in our nation. Can this...
Privacy has always been a matter of concern and so does it remain. we do not have any shot way to fight it and thus it requires lot of attention. Building a brand is the initial process.. once it is built then starts the fear of privacy.
Hi.. The sides are tough.. and realy I am clueless on which side I should be. I am not even sure that the side matches your explanation or not. I am really sorry for this. Anywasy what I think is westernization has undoubtedly brought a lot of...
more...