Keyword: foreign exchange

Big Mac Index (11/2/2011)

The prices of Big Mac across countries could give an idea of the relative value of foreign currencies.

Keywords: Big Mac, foreign exchange, index, purchasing power parity, real exchange rate

Hong Kong Housing Boom (1/21/2010)

The low interest rates intended to stimulate the recessed US economy after the US housing bust in 2007 – 2009 have inadvertently led to a housing boom in Hong Kong when Hong Kong has to lower its interest rates to defend its dollar peg.

Keywords: apartment, dollar peg, foreign exchange, housing boom, housing bust, inflation, mortgage, real interest rates

Sinking Dollar (1/21/2010)

The US dollar has been losing its value as an international reserve currency due to its persistent trade deficits.

Keywords: foreign exchange, Gisele Bundchen, reserve currency, trade deficit, US dollar, yuan

To Revalue or Not to Revalue – The Yuan Story (1/23/2010)

The Chinese yuan may be under-valued against the US dollar, but yuan revaluation is unlikely to substantially reduce US trade deficit with China.

Keywords: current account deficit, current account surplus, dollar, foreign exchange, revaluation, RMB, trade deficit, trade surplus, yuan