Author : EconomyWatch

Purchasing Power Parity (PPP) is the economic theory that continuously adjusts exchange rates between countries in order to denote the purchasing power of each currency. Thus, PPP refers to...

The Canadian dollar (CAD) is one of the major currencies in the world. It is represented by $ or C$. As of 2007, the Canadian dollar was the seventh...

Several countries have their official currency in dollars. The dollar is a benchmark currency due to its wide-spread use and circulation. The popularity of the dollar has paved the...

According to the Portfolio Balance Approach the economic agents have to choose from a portfolio of domestic and foreign assets. These assets, may they be in the form of...

The concept of exchange rate of currencies may be explained as the value of a currency in terms of another currency. Thus when it is said that the exchange...

The fixed exchange rate is also known as the pegged exchange rate. This usage is not that common though. This may be described as a kind of exchange rate...

  The sticky price model generates an upward sloping short run aggregate supply curve. This is because firms are rigid in changing prices in response to changes in the...

The Swiss currency, known as the Swiss franc (CHF or SFr), is the official currency of Switzerland and Liechtenstein. It is the fifth most-traded currency in the foreign exchange...

The New Zealand currency, represented as NZD or NZ$, is the official currency used in New Zealand.The Kiwi dollar (an informal name for the currency) is one of the...

The Australian dollar (AUD) is the currency of Australia. AUD is also the currency of the independent island states of Nauru, Kiribati, and Tuvalu. The Australian dollar is abbreviated...