Phân tích tỷ giá hối đoái USD/VNĐ 2009-2010 và các nhân tố ảnh hưởng. Bài thuyết trình tiếng Anh, . | What is the exchange rate? The exchange rate is the rate at which one currency may be converted into another. The exchange rate is also the value of one currency in comparison with another currencies. Eg $ 1 = ¥ , which prices are expressed in . dollars and $ 1 price was JPY ¥ . The exchange rate also means the price of one unit of foreign currency per domestic currency. Nominal exchange rate is the price of one unit of foreign currency per domestic currency and not to mention the purchasing power of money. Real exchange rate is the nominal exchange rate was adjusted according to relative prices between countries. Effective exchange rate is weighted average of a basket of foreign currencies. Equilibrium Real Exchange Rate is the exchange rate at which the demand for a currency and supply of the same currency are equal. The equilibrium exchange rate indicates that the price of exchanging two currencies will remain stable. Demand and supply for foreign currency Interest rate difference between two countries. Inflation rate difference among countries. Balance of payments. Besides, Crowd psychology, government policies, credibility of the currency, etc also affect the exchange rate. Exchange rate situation in Vietnam in 2009 In 2009 years could be considered "currency year" in Vietnam. In fact, this was happened since the beginning of the foreign exchange market that shows it always stress. Exchange rate movements Stage1: Exchange rate fluctuated between dong and dong , with the ceiling price ranges from 0 to 200 points (a point equivalent to a dong). I. The interbank market January 2009 February 2009 March 2009 March 2009 Exchange rate movements I. The interbank market Exchange rate movements Stage 3 : by the end of October 2009, increasing the exchange rate, rises 0,11% in comparison with the first of October 2009 and to November 10 above the ceiling price of 1000 points. Exchange rate fluctuations is very intense, a day increased from | What is the exchange rate? The exchange rate is the rate at which one currency may be converted into another. The exchange rate is also the value of one currency in comparison with another currencies. Eg $ 1 = ¥ , which prices are expressed in . dollars and $ 1 price was JPY ¥ . The exchange rate also means the price of one unit of foreign currency per domestic currency. Nominal exchange rate is the price of one unit of foreign currency per domestic currency and not to mention the purchasing power of money. Real exchange rate is the nominal exchange rate was adjusted according to relative prices between countries. Effective exchange rate is weighted average of a basket of foreign currencies. Equilibrium Real Exchange Rate is the exchange rate at which the demand for a currency and supply of the same currency are equal. The equilibrium exchange rate indicates that the price of exchanging two currencies will remain stable. Demand and supply for foreign currency Interest .
