Determinants of FX rates
International parity conditions: Relative Purchasing Power Parity, interest rate parity, Domestic Fisher effect, International Fisher effect. Though to some extent the above theories provide logical explanation for the fluctuations in exchange rates, yet these theories falter as they are based on challengeable assumptions [e.g., free flow of goods, services and capital] which seldom hold true in the real world.
Balance of payments model (see exchange rate): This model, however, focuses largely on tradable goods and services, ignoring the increasing role of global capital flows. It failed to provide any explanation for continuous appreciation of dollar during 1980s and most part of 1990s in face of soaring US current account deficit. ...
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Obesity Help: Obesity help will not come in the New Contrave pill
the drug is being marketed as a cure to obesity which it is not. Obesity is a global problem and is increasing Many feel that Contrave will be the obesity help but science says this is false. The reason for this is that studies show that the obesity pill Contrave only gives very small result. This is critical because the drug is being marketed as a cure to obesity which it is not. Obesity is a global problem and is increasing. It was just reported that almost 50 million in the United States will suffer from a weight problem in just a few years. Seeking Obesity help in a pill will let you down say science researchers. Read more .. ...
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