Interest rate increase | The Vryburger
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The increase is mainly attributed to fears that foreign investment in the country could further dry up because of the U.S. federal bank (FED) what is stimulating the U.S. economy down because the economy is on the recovery path.
There is also a second factor that is threatening to the South African Rand. It is the currency's mini-meltdown. There are several rechauffe factors that are important. The first is that the country's foreign debt's back pay expensive because the exchange rate is more Rands per dollar needed to pay the debt. Another factor is that the more expensive imports due to the poor exchange rate of the rand threatens to increase inflation.
It can be expected that the country's banks their prime rate also with half a percent to 9% will increase within a few days. This is good news for people, rechauffe especially older people who must live on the interest from their investments. For people with debt will the payments on their loan repayments increase.
A spokesman for Diamond said that further interest rate hikes later this year may be excluded unless the Rand recovery and the country's arbeidsontwrigting terminated. The one factor that has kept interest rates earlier stage is not the country's ailing rechauffe economy rate hikes difficult to afford.
The Americans with their so-called central bank the Fed front, on Thursday another attack made on gold and the gold price in a naarstige effort rechauffe to protect U.S. dollar. The Fed and its accomplices's attack on gold involves the "removal" of gold from the gold market by buying and trading of paper gold. This reduces the mededingiing gold as feasible trade center for the benefit of the dollar. And the Comex gold market Thursday (30 January) at 8:20 New York time opened, the price of gold to $ 17 unaccounted dollars in just 30 minutes case. The decline rechauffe was caused by the Comex verkopeplasings-filled trading floor has. In the previous 23 hours is 202 gold contracts rechauffe traded per minuuut. But then came the flood of contracts: 8:21 am.: 1,766 contracts sold 8:22 AM: 5172 sales contracts 8:31 AM: 3242 sales contracts 8:47 AM: 3515 contracts sold in just four minutes of trading rechauffe an average of 3,424 contracts traded per minute, or 17 times the average volume per miniuut compared to the preceding 23 hours. rechauffe The February gold contract is independent of supply, beginning on January 31, two days before delivering a commencement should take. At that time there were 2,223,000 ounces rechauffe of "paper gold" in trade towards our physical 375,000 ounces available for delivery. The banks involved in the Comex Proceedings (JP Morgan, HSBC, Bank Nova Scotia), the leading actors in the inlopery. The Fed and its accomplices inlopery's obviously a big influence on markets and exchanges movements. On January 28, the gold price to $ 14 dollars increased to $ 1,270, with the Dow Jones (of the New York Stock Exchange) with 100 points fell. It was the stimulus that the Fed and his assessment of them. An analyst Craig Roberts as Paul argues the Fed's policy of quantitative easing necessitate combat gold, the U.S. dollar lost its appeal as a world currency. The Russian State Duma discussed NPU legislation to the dollar's use in Russia rechauffe to eliminate and new (for us in Africa is important), Nigeria rechauffe reduced its dollar stock to replace it with the Chinese Joe-ang. Also preferred are Zimbabwe's now the Chinese currency (stated it was his misfortune this week?). Roberts explained: The deregulation rechauffe of the financial system at the time of the Clinton and George W. Bush, the predictable result had an over-concentration of power in the financial sphere and reckless behavior. A handful rechauffe of banks have become so large that financial authorities have declared them "too big to fall". Separate from market discipline, these banking institutions the importance of government today, that interest promoted by the massive creation of new money by the Federal Reserve Bank (Fed) to enable a policy of quantitative easing the banks' financial statements to support. The Fed's policy of one trillion dollars rechauffe annually to print, put pressure on the U.S. dollar, with the dollar's value then decreases towards gold's value. Then in 2011 gold $ 1,900 per fine ounce, the Fed realized $ 2,000 could be a psychological effect that will find an echo in the exchange value of the dollar, in turn, will be a GESK
Home News Abroad Multimedia Related Information Economy Opinion Letters Editorial Reviews Whiplash From the Word Culture Technology Transportation Entertainment Joke Box Sport For Women Job Vacancy sign
The increase is mainly attributed to fears that foreign investment in the country could further dry up because of the U.S. federal bank (FED) what is stimulating the U.S. economy down because the economy is on the recovery path.
There is also a second factor that is threatening to the South African Rand. It is the currency's mini-meltdown. There are several rechauffe factors that are important. The first is that the country's foreign debt's back pay expensive because the exchange rate is more Rands per dollar needed to pay the debt. Another factor is that the more expensive imports due to the poor exchange rate of the rand threatens to increase inflation.
It can be expected that the country's banks their prime rate also with half a percent to 9% will increase within a few days. This is good news for people, rechauffe especially older people who must live on the interest from their investments. For people with debt will the payments on their loan repayments increase.
A spokesman for Diamond said that further interest rate hikes later this year may be excluded unless the Rand recovery and the country's arbeidsontwrigting terminated. The one factor that has kept interest rates earlier stage is not the country's ailing rechauffe economy rate hikes difficult to afford.
The Americans with their so-called central bank the Fed front, on Thursday another attack made on gold and the gold price in a naarstige effort rechauffe to protect U.S. dollar. The Fed and its accomplices's attack on gold involves the "removal" of gold from the gold market by buying and trading of paper gold. This reduces the mededingiing gold as feasible trade center for the benefit of the dollar. And the Comex gold market Thursday (30 January) at 8:20 New York time opened, the price of gold to $ 17 unaccounted dollars in just 30 minutes case. The decline rechauffe was caused by the Comex verkopeplasings-filled trading floor has. In the previous 23 hours is 202 gold contracts rechauffe traded per minuuut. But then came the flood of contracts: 8:21 am.: 1,766 contracts sold 8:22 AM: 5172 sales contracts 8:31 AM: 3242 sales contracts 8:47 AM: 3515 contracts sold in just four minutes of trading rechauffe an average of 3,424 contracts traded per minute, or 17 times the average volume per miniuut compared to the preceding 23 hours. rechauffe The February gold contract is independent of supply, beginning on January 31, two days before delivering a commencement should take. At that time there were 2,223,000 ounces rechauffe of "paper gold" in trade towards our physical 375,000 ounces available for delivery. The banks involved in the Comex Proceedings (JP Morgan, HSBC, Bank Nova Scotia), the leading actors in the inlopery. The Fed and its accomplices inlopery's obviously a big influence on markets and exchanges movements. On January 28, the gold price to $ 14 dollars increased to $ 1,270, with the Dow Jones (of the New York Stock Exchange) with 100 points fell. It was the stimulus that the Fed and his assessment of them. An analyst Craig Roberts as Paul argues the Fed's policy of quantitative easing necessitate combat gold, the U.S. dollar lost its appeal as a world currency. The Russian State Duma discussed NPU legislation to the dollar's use in Russia rechauffe to eliminate and new (for us in Africa is important), Nigeria rechauffe reduced its dollar stock to replace it with the Chinese Joe-ang. Also preferred are Zimbabwe's now the Chinese currency (stated it was his misfortune this week?). Roberts explained: The deregulation rechauffe of the financial system at the time of the Clinton and George W. Bush, the predictable result had an over-concentration of power in the financial sphere and reckless behavior. A handful rechauffe of banks have become so large that financial authorities have declared them "too big to fall". Separate from market discipline, these banking institutions the importance of government today, that interest promoted by the massive creation of new money by the Federal Reserve Bank (Fed) to enable a policy of quantitative easing the banks' financial statements to support. The Fed's policy of one trillion dollars rechauffe annually to print, put pressure on the U.S. dollar, with the dollar's value then decreases towards gold's value. Then in 2011 gold $ 1,900 per fine ounce, the Fed realized $ 2,000 could be a psychological effect that will find an echo in the exchange value of the dollar, in turn, will be a GESK
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