A type of floating exchange rate that is not completely freely floating because central banks intervene from time to time to alter the rate from its free-market level. It is still a floating rate because it has not been pegged at a predetermined par value.
Scott Adam’s cartoon on casual day sums it all up. There is the owner of the company watching the employees come into work one day. One person is in a ballet outfit, the other is in a ... [ more... ]
Business meals, whether breakfast, lunch or dinner, are essentially business meetings. The added element of entertaining your client over food means that you not only have to be knowledgeable about... [ more... ]