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I'm sort of confused when I see a list of currency prices.. For example, take todays rate of the Bahraini Dinar. 1 USD = 0.37717 BD 1 BD = 2.6513 These rates are the London midmarket rates, right? The Bahraini Dinar is pegged to the USD at 1 USD = 0.37600. So can somebody...

other than these manufacturing companies? so for example Bahrain, which is called the "Gulf's financial capital" is filled with banks. How is the govt making revenue from these banks being there?

For example, Dubai's economy was oil-based, but after diversification revenues from oil and natural gas currently account for less than 6% of the emirate's revenues. A majority of the emirate's revenues now are from are from trade, manufacturing,tourism, and financial services. My question is...

how is that calculated?

whats the relationship between a countrys cost of living and its currency value?

Dr. Zhivodka did u think i was gonna pay u or something.. dajuicer and 5yrtrader, thank you very much and btw i did study but this is the only question i was having trouble with.

just please help me if u know how :D

I really need someone to answer this question for me with the way to solve it typed. It will be greatly appreciated. My exam is tomorrow. Say in an economy there are only 2 companies. Company A and Company B. A imports 800$ of fertilizer to produce 6000$ of oranges. A sells to public...

Finally, sometimes governments intervene in the value of their country's currency. They will buy/sell their currency to make it worth a certain amount. If a country wants to do this, it will need to have enough foreign currency in its reserves to buy back its own currency. Until recently, China...