Foreign exchange reserves

during 1990-1991 such as massive deficiency in foreign trade balance, decreasing of foreign exchange stock, suffering from increase in inflation etc. Government of India introduced reforms to get relief from the economic problem. They take three major initiatives generally abbreviated as LPG, i.e. Liberalization, Privatization and Globalization. GLOBALIZATION Globalization means interaction of the domestic economy with the rest of the world regarding to foreign investment, production, trade and financial

increasing foreign exchange reserves, enhancing national savings and increasing velocity of money. Moreover, it is greater than foreign aid and thus helps in lessening dependence on foreign aid. Remittance gets momentum in recent time in Bangladesh and is the second largest sector of foreign exchange earnings after the garments sector. If cost of imported raw materials is deducted from the foreign exchange earning of the garments sector, remittance becomes the single largest sector of foreign exchange

CHAPTER 2 Literature Review According to the wiktionary English dictionary version 2.3 Urbanisation can be defined as the shift from a rural to an urban society, and involves an increase in the number of people in urban areas over a particular period of time. Urbanisation is the outcome of social, economic and political improvements that lead to the emergence of Metropolises, changes in the way the land is utilised, the convergence from rural to urban patterns of organisation, change in livelihoods(the

After cuts to over-capacity, prices are recovering. China plans to cut excess industrial capacity and try to increase foreign investment. China’s goal to be within the 7 percent and 6.5 percent of the yearly goal seems to be attainable with the retail sales increasing, the weaker monetary value of the yuan, and state-led investments. Past weaknesses have been getting stronger

Assignment On Analysis of Three Advertisements by a large Financial Products/ Services Marketer Date: 28 February, 2014 Prepared For: Shahriar Kabir Assistant Professor, IBA-JU Course Instructor Prepared By: Golam Tarek Hasan Id: 2012-01-045 Jahangir Nagar University Institute of Business Administration WMBA Programme, Spring 2014 FIN 513/MKT 512: Financial Products Marketing Analysis of the Advertisement of Eastern Bank Ltd NRB TVC 2009 At first a past television

India is a country of geographic diversities with varied soil-types, habitats, climates and vegetations. India is a major producer of food (fruits, vegetables, wheat, pulse, milk, spices etc.) in the world after China. This industry is the front end of the agriculture sector, which is a significant economic component, employing nearly 60% of the country’s population and contributing to around 25% of India’s gross domestic product. With access to a large natural resource base of 161 million hectares

Although they are such small slips of paper and lumps of metal, they are highly valued in the eyes of society. In the United States and all around the world, money plays a powerful role in the lives of many. Nevertheless, money comes in many different forms: the European euro, the Indian rupee, the Chinese yuan, the Swiss franc, and the list continues on. Of course, in America, the United States dollar is most often used. As a major form of currency, the United States dollar can be used to purchase

current account surpluses and its huge accumulation of foreign exchange reserves. Although undervaluation of the yuan was a major factor causing the large imbalances in the past, the appreciation of the yuan over the past few years had brought the yuan-USD exchange rate to a level that was no longer undervalued. Exchange rate, the price of a nation’s currency in terms of another currency, indicates the value of a currency: a higher exchange rate is associated with a relatively lower value of its

Fixed or pegged exchange rates are exchange rates that are held constant or allowed to vary within a very narrow margin (Madura 2008, p.154). The Chinese government re-instituted its Yuan peg during the global financial crisis in July 2008 after de-pegging in July 2005. The current USD/CNY and EUR/CNY rates of 6.52 and 9.46 respectively have been criticised as being too low, especially by the U.S. In fixing the exchange rates, central bank trades domestic and foreign exchange reserves to adjust the

par value, based generally upon its gold content. This par value is made the basis of its exchange rate with other national standard momentary units, and this announced exchange rate remains stable or permanent for some time before it is officially changed. -The Floating Rate of Exchange A country using the floating rate of exchange for its monetary allows its money to be traded in the money market at exchange rates fixed by the daily forces of demand and supply for such money. The monetary unit is