There are many ways of measuring financial instability last year: billions of dollars spent on supporting banks collapseof exports in all major economies, the latest data on unemployment. One of those ways is to compile a ranking for the most expensive cities in the world.
According to Mercer International, the top ten most expensive cities in the world included Tokyo, Osaka, Moscow, Geneva, Hong Kong, Zurich, Copenhagen, New York, Beijing and Singapore. While the annual ranking of Mercer Tokyo traditionally is in the top line, the rest of the city that is constantly moving up and down.
Reason - fluctuations in rates of national currencies against the dollar, which is changing the real value of life and other factors considered by companies in determining wages. Thus, due to the depreciation of the Polish zloty in Warsaw moved ranking 143 cities from 35 th to 113th place. However, due to the cost of the Egyptian pound, Cairo took off with the 101-th to 57 th place.
Five of the top ten cities are in Asia, where currency - yen, yuan and Singapore dollar - have demonstrated an increase against the U.S. dollar. Currency Hong Kong is a 5 th place, is pegged to the dollar. Because of the binding rates of national currencies to the dollar increased the cost of living in the United Arab Emirates Dubai and Abu Dhabi.
Ratings
European cities has significantly decreased due to the weakening of local currencies against the dollar. Glasgow and Birmingham, at last year's 60 th and 59 th places, respectively, fell to 129 th and 125 th lines. Cities of Sweden, Ukraine, Czech Republic, Romania and Hungary are in the range between 36 th and 48 th places.
Exchange rate fluctuations are a nightmare for companies sending employees to work abroad, particularly if the domestic currency, typically used in the calculation of wages, sharply declining relative to the currency of the country, where a staff member. Exchange rate may cause additional problems of staff receiving a salary in the weak currency, but with debts in a strong currency, say analysts, calling for such workers to monitor the situation on the currency market.
On Thursday, the daily volume of trades in futures for shares of Lukoil has exceeded 1 billion rubles
Do the shares of MTS growth potential is much higher than that of the securities Vympelcom
The main interest for investors today is the situation in the foreign exchange market
The attack bulls on the Russian stock market today, will continue
From 1 August Uralkali salary increases to staff at 12.5%
Bank of Russia has withdrawn the license for banking operations at the Mezhregfinkombanka
Kommersant: Studio 1 1 illustrates the attractiveness of its
Ukraine has managed to Arab peregazovke
Forex Asia
Rating the most expensive cities reflects the instability of the foreign exchange market
There are many ways of measuring financial instability last year: billions of dollars spent on supporting banks collapseof exports in all major economies, the latest data on unemployment. One of those ways is to compile a ranking for the most expensive cities in the world.
According to Mercer International, the top ten most expensive cities in the world included Tokyo, Osaka, Moscow, Geneva, Hong Kong, Zurich, Copenhagen, New York, Beijing and Singapore. While the annual ranking of Mercer Tokyo traditionally is in the top line, the rest of the city that is constantly moving up and down.
Reason - fluctuations in rates of national currencies against the dollar, which is changing the real value of life and other factors considered by companies in determining wages. Thus, due to the depreciation of the Polish zloty in Warsaw moved ranking 143 cities from 35 th to 113th place. However, due to the cost of the Egyptian pound, Cairo took off with the 101-th to 57 th place.
Five of the top ten cities are in Asia, where currency - yen, yuan and Singapore dollar - have demonstrated an increase against the U.S. dollar. Currency Hong Kong is a 5 th place, is pegged to the dollar. Because of the binding rates of national currencies to the dollar increased the cost of living in the United Arab Emirates Dubai and Abu Dhabi.
Ratings
European cities has significantly decreased due to the weakening of local currencies against the dollar. Glasgow and Birmingham, at last year's 60 th and 59 th places, respectively, fell to 129 th and 125 th lines. Cities of Sweden, Ukraine, Czech Republic, Romania and Hungary are in the range between 36 th and 48 th places.
Exchange rate fluctuations are a nightmare for companies sending employees to work abroad, particularly if the domestic currency, typically used in the calculation of wages, sharply declining relative to the currency of the country, where a staff member. Exchange rate may cause additional problems of staff receiving a salary in the weak currency, but with debts in a strong currency, say analysts, calling for such workers to monitor the situation on the currency market.
On Thursday, the daily volume of trades in futures for shares of Lukoil has exceeded 1 billion rubles
Do the shares of MTS growth potential is much higher than that of the securities Vympelcom
The main interest for investors today is the situation in the foreign exchange market
The attack bulls on the Russian stock market today, will continue
From 1 August Uralkali salary increases to staff at 12.5%
Bank of Russia has withdrawn the license for banking operations at the Mezhregfinkombanka
Kommersant: Studio 1 1 illustrates the attractiveness of its
Ukraine has managed to Arab peregazovke
Forex Asia