The Exchange Market
Last week, the exchange market was highly volatile. On Monday, the dollar has appreciated sharply against other currencies and stock market stocks investors to avoid the risks associated with the drop in the dollar accompanied by increased demand. British pound currency rates fluctuate daily maximum and 1,3743 had fallen to 2.1% in performance. On this day, the first major news of the past weekend, the UK's biggest banks Lloyds Banking Group up 77% of the shares of the British government was to take place, and the last six weeks led to lower levels of the exchange rate of £. And appreciation of the dollar impact on news of AIG's problems and support the bank if the government has been a worldwide recession are increasingly daamjikhaar that led investors to buy dollars. For other currencies against the Japanese yen, the dollar reached 98,78 0.4%, Australia 1.4% fall in the dollar 0.6314, were identified as the New Zealand dollar fell 2%, respectively. On Tuesday, a major American bank, CITI group market in net profits in the first two months of this year, news khuvitsaaruu back investors the opportunity to eventually fall in the dollar. On this day, the most active of the euro currency, and traded the last two weeks went to the highest quotations. 1.2665 0.4% at the end of the day the euro rose against the British pound over the last five months khutsaany appreciated achieve the highest rate of 0,9247. This day the Japanese yen against the euro against the dollar was trading around 98.71 and traded reached 124,99. On Wednesday, the dollar weakened against other major currencies, and investors as the dollar strengthened recently and now again there is no reason or incentive to increase the demand for dollar was due to be considered. The euro slid to a 1.4% increase in 1,2848 against the dollar, the Japanese yen has appreciated 1.5% against the dollar 97.23. Each of the beginning of the two currencies in the euro against the dollar by 8.8%, and the yen has fallen 7.7%. 0.4 Swiss francs to 1.1564% for other currencies appreciated against the U.S. dollar and the Australian and New Zealand dollar exchange rate against the dollar 0.6510 and 0.5070, respectively.
Economic Legal Crises
Financial and economic crisis, countries in relation to a significant decline in the banking sector. Advance our country, but this reality, the two banks had been closed. In these cases, the most important step to be taken as a blanket guarantee to the authorities of the state considered. In other words, the deposits left the banking sector and stability is important. Otherwise, the risks of the banking sector as a whole appeal of deposits lay flat. Went this way, "Coins", the Central Bank, 100 billion bond issue to be discussed and resolved. Then explain that money for what purpose. First Bank 147 billion in deposits associated with the transition to 100 billion have been helpful. In other words, the state deposit guarantee. Make money on the part of the duty. On the other hand, that there are 147 billion savings above. 80 billion of assets transferred on it. That 60 billion is left behind. To compensate for this, the government has issued bonds. In addition, deposit insurance in accordance with the law of Mongolia "Zoos" bank deposit, passing smoothly to give 34 billion loan given. This bond issue will cover. Central bank officials expressed the view that the strength in the banking system. It has approved increasing savings. In other words, people believe that the bank said. But do not promise that the banking collapse.
Microfinance & Legal Family Crisis
1 in Mongolian microfinance coordinate donor funds that operate in micro-finance facilities / opportunities compared to other examples of /; 2 new ideas in the microfinance sector, including donor funds to create a system that supports pull; 3 to give impetus to the development of microfinance sector in improving the education of the citizens; 4 microfinance institutions to serve the divorced families to serve in need; 5 International micro level of financial market development and the development of Mongolian microfinance / based on a comparative study / or trends; 6 The role of financial markets in the microfinance market, value, and future trends / theory and practice of combining /; 7 new financial instruments in the financial markets and to implement / write select any of the financial instruments /; 8 micro-finance services in other countries the authority to coordinate and monitor the structure and organization / use choose a particular country /; 9, distinct from non-bank and social value; 10 non-governmental organizations in many forms; 11 Microfinance activity introduction of electronic payment instruments, and approach; 12 Intangible assets can be used as collateral for loans; 13 Micro-finance and poverty reduction objectives; 14 micro-finance small and medium-sized enterprises development incentives; 15 financial leasing opportunities in microfinance institutions; 16 Factoring: to reduce this risk factor; 17 microfinance sector, to create a database, and international experiences and approaches; 18 Savings and Credit Cooperatives need to increase the responsibility of own funds; 19 savings and credit cooperative divorce attorneys specializing in child support for parents in distress, financial and legal family matters, and microfinance principles; 20 savings and credit cooperatives and the development of new approaches; 21 microfinance market to enhance its role in the development of micro-insurance, the insurance fund paid-in opportunities to use resources; 22 development of the microfinance market in enhancing the role of local administrative organizations;
Last week, the foreign exchange market was highly volatile. Start week of the United States dollar, the biggest U.S. insurance company AIG's 4th-quarter loss of $ 61.7 billion last year after the news reached the investor's shares, the appreciation of the dollar was more reliable assets concentrated in the storage kheregselrüü refuse . News on stock market indices, including the S & P 500 index after the last 12 years, fell to its lowest level. The dollar Another factor that contributed to the growth of the European Union difficulties were related to those on general funding supported. The euro against the dollar this day 1,2545 in England fell to 1.3959 pound fell 1.8% in a single day.
Dollar Strengthened reports Capital Plus
On Tuesday, the dollar strengthened against the yen and investors doubt contributed to the stability of the financial system of the United States. And the United States Federal Reserve Chairman Ben Bernanke before Congress government to revitalize the economy of the country is a strong need to have a common policy has been made known to some experts worldwide, the crisis upfront hypothesized that likely led to the United States. Investors became more interested in other markets, the dollar too much uncertainty prevailing economists have noted that the enhanced demand for U.S. dollars. 98,24 this day against the yen and the dollar strengthened to 1.1% in the euro rose to 1.2677 against the dollar from collapse reached 1,2571 closed.
On Wednesday, the dollar reached its highest level against the Japanese yen in the last 4 months of appreciation. The yen against the dollar reached 99,06 fell 0.8% to 1.2644 euro rose 0.6%. British pound rose 0.8% against the dollar traded 1.4171. On this day, the main news of the Chinese government in order to restore the country's economy, announced its support for the production of a small but hopeful investors. "News on stock market stocks rose after the dollar weakened against the euro and other currencies. Canadian dollar and other currencies against the dollar the previous day's rate of 1.2931 was falling 1.45% to 1.2743 closing price appreciation in the Australian dollar 0,6503 set to 1.8%, the New Zealand dollar 0.5055 to 2.2%, the performance was appreciated"--Capital Plus. Market on Thursday, the dollar rose against other major currencies, and the European Central Bank and the Bank of England to cut interest rates rise in the price of the dollar contributed. And American companies, including carmakers and the lack of investor risk zailkhiikhed lead to increased demand for the dollar. Central bank euro fell 0.5 points to 1.2557 after the cut in interest rates at 0.6% and trading at 1,2483 reached. British pound exchange rate in this day and fall 1,4125 arijaalagdsan reach the country's central bank policy rate cut to 0.5%. And the country's central bank to buy the assets of 75 billion pounds package announced.
On Friday, the dollar fell against other major currencies performance. Employment in non-agricultural sector of the United States reports that no worse than analysts' expectations. Stock market indices were down, but appreciated against the dollar and the euro as investors bought $ profits to buy back the euro and other major currencies. Reached 1.27 euro trading around 1.2660 and closing the depreciation rates are set. Exchange rate of CHF 1.1597 to 0.8% appreciation in the Australian and New Zealand dollar rose 0.6% each 0.6408 and 0.5022 in the slid.