Archive for July, 2009

How To Buy A Time Share

In calculating the total cost of a timeshare or vacation plan, include mortgage payments and expenses, like travel costs, annual maintenance fees and taxes, closing costs, broker commissions, and finance charges. Maintenance fees can rise at rates that equal or exceed inflation, so ask whether your plan has a fee cap. You must pay fees [...]

I need data of currency rates for last 20 years?

Can you give me a clue for finding currency rates for past years – I need them for my assignment. To be more detailed – I need GBP/USD and GBP/EUR most
Here they are (sorry about the long answer. GBP to USD is first, GBP to EUR is next):
MMM YYYY GBP/USD
Jan 1987 0.66441
Feb 1987 0.65448
Mar [...]

how are currency exchange rates are fixed?

I wanna know how are exchange rates fixed for currencies, like we hear fluctuations in dollar price against rupee, in past ten months US $ has increased by 10 against the Indian rupee. what are the criterion that set the exchange rate?
I found a directory of US foreign currency exchanges. http://www.whatisforextrading.com Try calling one of [...]

who determines the international currency exchange rates and how?

for example
1 us dollar =80 yen
1 british pound = 0.8 us dollar
i want to know who decides the currency exchange rates and
based on what?
It is just like the stock market. You have to have one person willing to pay X and another willing to buy at X. When they agree that is [...]

How currency rates are decided for different countries in world market trading.?

Who decides the exchange rates and how ?
I like this question and feel stupid that I don’t know the answer. I should have taken that class on Central Banks. My guess is that it is a combination of the money supply, interest rates and government assets held (tresuries) by other countries.
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Weak Dollar Is a Huge Draw for Foreign Investors in US Real Estate

The weak US dollar has been good news for real estate. Taking
advantage of the favorable conversion rates, foreign investors
are eagerly picking up real estate in major cities across the
US. Who is buying and where are they investing?
WHO IS INVESTING?
In recent years the US real estate market has seen the highest
amount of investing from foreign investors [...]

why countries like UAE and IRAN that has good economy growth but still their currency rates are low ?

and what can be the reason of that?
That’s because they pursue such monetary policy.
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What raises or lowers currency rates?

I really would like to know the best answer will get chosen if it seems logical.
Differences in short term interest rates. Period (almost).
In the current economic situation, there is a lot of cash sloshing around in the worldwide system which will be parked in whatever currency gives the greatest rate of return.
If I can [...]

What is the difference between the business and tourist currency exchange rates?

How often do they fluctuate? Where is the best website to find current rates?
The difference is business are large tranactions whilst tourist are small transactions. They can fluctuate every day Try http://www.travelexmoney.co.uk/billboard.asp?Brand=MSNUK for tourist exchange rates
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Do different banks have different currency rates (dollars to Yuan) for international wire transfer?

I did a wire transfer recently with La Selle Bank in U.S. to China. After they finished the process, I found the rate was well below what I found on intenet. They said the bank decides their own rate which has nothing to do with what we see in newspaper or internet. Why is that? [...]