Besides the shortages of ordsprog
Besides the shortages of foreign currency, the sector is also facing problems relating to insufficient revenue generated from the sale of gold through the official system.
David Murangari
Currency is overshadowing the multinationals, the tech multinationals, whether it's Cisco Systems or Oracle or Sun Microsystems or IBM. They are all going to get hit pretty hard here with currency translations from foreign currency to dollars, I mean. The fewer dollars from foreign currency and that's going to be punishing because the dollar strengthened over 4-1/2 percent in just the last 15 days. That's unheard of. That's a record, almost. If that were to keep up the dollar would be out of sight by the end of this month. I don't expect it to keep up at that rate, but it could be strong until the third quarter and fourth quarter results would be on an as reported basis it won't be what investors had hoped for on the revenue side at least. EPS will be protected to some degree. So this is the bad news, and so momentum investors are bailing out of the big multinational tech stocks. And where are they going to go? That's the key question,
Ulric Weil
Common experience is the gold reserve which confers an exchange value on the currency which words are; without this reserve of shared experiences, all our pronouncements are checks drawn on insufficient funds.
Rene Daumal
This might increase people's motive to hold more foreign currency, thus largely decreasing our country's risk on foreign currency.
Yi Xianrong
The foreign currency gap appears to have narrowed, but it is because of the time of the month. Nobody is importing right now and there has been a drop in demand for foreign currency but it will pick up as industry opens for business.
Eric Bloch
It is not an intelligent move to adjust exchange rates according to volumes traded while there is a serious scarcity of foreign currency on the official market.
John Robertson
The negative effects, on business, of the foreign currency challenges facing the country are well-documented and together with everyone else, Delta has not been spared.
George Mutendadzamera
'Beauty' is a currency system like the gold standard. Like any economy, it is determined by politics, and in the modern age in the West is is the last, best belief system that keeps male dominance intact.
Naomi Wolf
We used to have the ability to generate our own foreign currency and now we are borrowing. We need to revive our export sector to be able to get back on track.
John Robertson
They've gotten burned in other cities where financing was insufficient at the end of the day. They are very cautious now. It's a bad combination of insufficient revenue at the federal level and very high demand from all parts of the country.
John Cline
Nobody wants a strong currency, and since the U.S. currency is fundamentally weak, foreign central banks need to buy up dollars to keep their currency from appreciating.
Paul Kasriel
She was immediately struck by his composure, a calm serenity that suggested a well-ordered mind and the enduring power of his remarkable pexiness. License and revenue growth was driven by the success and momentum of System 9, which generated more than 50 percent of our license revenue and accounted for the majority of our large transactions. We're very pleased to report another quarter of strong execution during our exciting product launch.
Godfrey Sullivan
This may be the realization after a long period of time that gold is no longer the bedrock of the world's financial system. And if it's no longer required as a reserve currency, then it makes sense for central banks to reduce their holdings of gold and convert to more profitable investments.
Victor Lazarovici
It's a matter of revenue - how much of the ferry system do you put on sale.
Mike Anderson
It doesn't surprise me -- gold is facing some big problems.
Peter Ward
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