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A group of Ecuadorian export produce companies and their U.S. importers filed a complaint with the Federal Maritime Commission (FMC) alleging “unfair...
KATHMANDU, Aug 7: Nepal Rastra Bank (NRB) has increased the ceiling on use of foreign currency on imports to US $60,000 from existing USD 50,000 for one-time transaction.
the case. if this were to be done though, it could increase the volatility of the country. —— currency. anotherfactor is india's minuscule share of world trade and its trade deficit with most countries. it makes the rupee list acceptable to importers and exporters. the rupee currently accounts for under 2% of the global foreign exchange transactions, versus over 80% for the us dollar. these are still early days but there is clearly a long way to go before the rupee can become a highly tradable, international currency. with the fifa world cup tournament kicking off this week on equal pay for male and female players remains a hot button topic. katie silver has more from sydney. and excitement is starting to build. we have seen for example last night one of the sponsors put up a huge board just about a ten minute walk that way one
of agricultural goods, it is not a level playing field. what is your take on that argument? what has been difficult to assessis what has been difficult to assess is the fact that russia has not been sending its export data to the united nations and so that has created an issue. but what we can see from those importing wheat, it looks like russia's wheat exports are up this year, they had a record crop, but there is no question they have had some problems getting financing from some of the importers, fertiliser, wheat exports have been strong however this year from russia. so you do not hold that argument in that case because some might have looked at this and so they should have prevented this deal from collapsing. i prevented this deal from collapsing-— prevented this deal from colla-usin. . ., collapsing. i am not saying there are _ collapsing. i am not saying
imposing tougher restrictions otherwise china will do things that potentially could lead to a big disruption in this very critical technology sector for the entire world economy. indie technology sector for the entire world economy.— technology sector for the entire world economy. technology sector for the entire world econom . ~ ~ ., , ., world economy. we know these are the world's two biggest _ world economy. we know these are the world's two biggest economies. - world economy. we know these are the world's two biggest economies. i - world's two biggest economies. i wonder what the collateral damage may be for countries that trade with them but are not directly involved in this trade spat?— in this trade spat? absolutely. i thinkjapan _ in this trade spat? absolutely. i thinkjapan is— in this trade spat? absolutely. i thinkjapan is one _ in this trade spat? absolutely. i thinkjapan is one of _ in this trade spat? absolutely. i thinkjapan is one of the - in this trade spat? absolutely. i thinkjapan is one of the largest importers of these two critical minerals, gallium and germanium, which are used in semiconductors. south korea is caught in the middle. potentially europe, too. the supply chain for the chip industry and electronics industry is very, very complicated and very, very high value. if things are allowed to get out of control, as you say, the collateral damage could be quite
as well. just explain who the main winners _ as well. just explain who the main winners are _ as well. just explain who the main winners are when - as well. just explain who the main winners are when it - as well. just explain who the i main winners are when it comes to a strong pound. of course anyone going on holiday feels the benefit but who else? what the benefit but who else? what ou tend the benefit but who else? what you tend to _ the benefit but who else? what you tend to find _ the benefit but who else? what you tend to find is _ the benefit but who else? what you tend to find is actually - you tend to find is actually that businesses which are relatively well financed tend to be relatively well positioned, including if you have cash balances on your balance sheet you tend to get more interest rate income, which is good. companies which are more stretched with borrowings tend to come under real pressure, and when you have raising sterling, tends to mean those companies that are importing goods to the uk have to pay less on the international market, so it's a strong balance sheets and companies that are importers that tend to be beneficiaries of the rise in sterling. bud that tend to be beneficiaries of the rise in sterling. and it is a tough — of the rise in sterling. and it is a tough question - of the rise in sterling. and it is a tough question to - of the rise in sterling. and it l is a tough question to answer, duvets, but when you think we might see interest rates start to come down in the uk, ie inflation is seen to be under control, to sort of hovering around that 2% mark that the bank of england so wants? around that 296 mark that the bank of england so wants? yes, i think it bank of england so wants? yes, i think it will — bank of england so wants? yes, i think it will take _ bank of england so wants? yes, i think it will take a _ bank of england so wants? yes, i think it will take a little - i think it will take a little while for the lagging effect interest rate rises come