Thursday, December 25, 2008
Russia's gold and foreign exchange
reserves rose by a record $15.4 billion in the latest week thanks to a
stronger euro and a rise in commercial banks' foreign currency deposits.
The
reserves, the world's third largest, rose to $450.8 billion on December
19 from $435.4 billion in the previous week, central bank data showed,
even though the central bank spent an estimated $7 billion to support
the... [read more]
Wednesday, December 17, 2008
As it was mentioned above the trading on the Forex is
essentially risk-bearing. By the evaluation of the grade of a possible
risk accounted should be the following kinds of it: exchange rate risk,
interest rate risk, and credit risk, country risk.Exchange rate risk. Exchange rate risk is the effect of the continuous shift in the worldwide market supply
and demand balance on an outstanding foreign... [read more]
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