Dollar value – Alg A http://alg-a.com/ Mon, 26 Sep 2022 12:36:17 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://alg-a.com/wp-content/uploads/2021/10/icon-6-120x120.png Dollar value – Alg A http://alg-a.com/ 32 32 Rupee-dollar value: 5 things to know before investing or sending money abroad https://alg-a.com/rupee-dollar-value-5-things-to-know-before-investing-or-sending-money-abroad/ Mon, 26 Sep 2022 12:36:17 +0000 https://alg-a.com/rupee-dollar-value-5-things-to-know-before-investing-or-sending-money-abroad/ The RBI’s Liberalized Remittance Scheme (LRS) will be your one stop shop for all your foreign exchange issues, whether you are planning to invest overseas, travel abroad or even send your children to school. abroad. As the name suggests, LRS relates to remittances (investments abroad) that a resident person is allowed to make. On the […]]]>

The RBI’s Liberalized Remittance Scheme (LRS) will be your one stop shop for all your foreign exchange issues, whether you are planning to invest overseas, travel abroad or even send your children to school. abroad. As the name suggests, LRS relates to remittances (investments abroad) that a resident person is allowed to make. On the other hand, in addition to remittances, one can also use the foreign exchange facility (for medical expenses or while traveling), which is also covered by the LRS.

Here are 5 things to know about rupee-dollar before investing or sending money abroad under the RBI’s liberalized remittance scheme.

1. Buy dollars in India

To invest or spend abroad, Indian rupees must first be converted into US dollars for any international transaction. These transactions are subject to the regulations of the Liberalized Remittance Scheme (LRS). Simply put, if you live in India, you must buy dollars from an authorized dealer (the bank) using Indian Rupees (INR). The money can then be used to buy property or other assets like stocks by sending it abroad or spending it there.

Also Read: US PMI Data Signals Better Days Ahead for US Stock Investors?

2. Maximum dollars you can send abroad

Any resident person, even a minor (countersigned by a guardian), is currently allowed to contribute up to US$2.5 lakh (US$2,50,000) in a fiscal year under LRS guidelines. This equates to around Rs 2,00,000 or Rs 2 crore at the current exchange rate of Rs 80 to $1. The number of transactions authorized each year is not limited. The restriction applies to each financial year, so even if someone returns the amount paid during the same year, they will not be able to send any more money. The regulations make it clear that one can only send foreign exchange (FX) for permitted capital account transactions, current account transactions, or a combination of both.

Also read: S&P 500: will the stock market strategists’ lowest forecast come true?

3. Dollars allowed to be transported abroad

If you are going on a trip abroad with the family, the “ease of exchange” will determine whether you will be allowed to carry dollars. The person is required to maintain their currency usage at a maximum of 250,000 USD. If you are on a private tour to any country except Nepal and Bhutan, you can use your credit card for expenses and cash withdrawals from ATMs if the card allows international transactions.

If you are traveling for business or attending a conference or specialized training abroad.

If you need foreign currency to meet medical expenses, or for a check-up abroad, or to accompany as a companion a patient traveling abroad for medical treatment / check-up.

If you have to meet expenses related to medical treatment abroad

If you need foreign currency to cover the cost of education/study abroad

If you wish to offer or make a donation abroad

If you are going to work abroad

If it is for emigration purposes

All such transactions will be considered current account transactions and provided that the transactions do not fall under the prohibited list, the authorized dealer (the bank) may also make the remittance without the consent of the RBI.

Read also: Buy, Sell or Keep? How bullish are analysts with their ratings on S&P 500 stocks – Find out

4. Buy US stocks, open a foreign bank account

LRS regulations will classify any investments you make in stocks, real estate or other offshore assets as capital account transactions. According to the LRS regulations, only transactions specific to the capital account are permitted. Some of them are:

If you want to open a bank account abroad, i.e. a foreign currency account

If you want to buy real estate abroad

To make investments abroad, including investing in stocks, mutual funds, debt securities, among others.

Establishment of wholly owned subsidiaries and joint ventures outside India for business operations.

5. Income, dividends earned abroad

LRS laws allow an investor to retain and reinvest income earned in the foreign country if they have invested in stocks and mutual funds there (as long as it is not a direct offshore investment ). The investor is not required to report accrued interest or dividends from savings and foreign investments.

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Dollar value is at its highest level in 20 years, which is unfavorable for Bitcoin https://alg-a.com/dollar-value-is-at-its-highest-level-in-20-years-which-is-unfavorable-for-bitcoin/ Sat, 24 Sep 2022 09:30:37 +0000 https://alg-a.com/dollar-value-is-at-its-highest-level-in-20-years-which-is-unfavorable-for-bitcoin/ The battle between Bitcoin and the dollar is a loss for Bitcoin. Due to the resurgence of dollar strength in recent weeks, the cryptocurrency market has been hit particularly hard. As the Dollar fell from its July highs, Bitcoin experienced a brief uptrend to $25,200. However, the strengthening dollar has since weighed heavily on crypto […]]]>

The battle between Bitcoin and the dollar is a loss for Bitcoin.

Due to the resurgence of dollar strength in recent weeks, the cryptocurrency market has been hit particularly hard. As the Dollar fell from its July highs, Bitcoin experienced a brief uptrend to $25,200. However, the strengthening dollar has since weighed heavily on crypto assets, crushing them. According to data from CoinGecko, Bitcoin is currently trading at around $18,810 at press time, still trading below the $20,000 mark as the Dollar rises.

The Dollar Index (DXY), a financial tool that gauges the value of the U.S. dollar against a basket of other currencies, hit an all-new 20-year high on Friday, dragging down the value of other global currencies and risky assets. DXY hit a high of 112 early this morning, measuring the value of the dollar against a basket of other currencies. According to TradingView statistics, it is currently trading at around 112.8.

The Federal Reserve’s rising interest rates are primarily to blame for recent dollar price gains. The Fed is restricting US dollar liquidity while raising interest rates to fight inflation. By increasing the cost of borrowing and reducing demand, this should help bring down inflation. The dollar, however, becomes a much more attractive investment as a result of such a regime.

Cryptocurrencies and stocks aren’t the only things to suffer from the strong dollar. Liquidity in the global economy is flooding the US dollars at a record pace as the Fed began raising rates to fight inflation ahead of other countries and has been increasingly aggressive in the scale of its hikes .

Market participants now have less money to invest in risky assets like stocks and cryptocurrencies due to tight dollar liquidity. This drives down demand, leading to lower asset prices. As part of its tightening policy, the Federal Reserve also stopped buying US Treasury securities. As a result, US bond yields rose, pushing up the value of the dollar by encouraging more investors to buy those bonds.

The “dollar milkshake theory” is the name that Brent Johnson, CEO of Santiago Capital, has given to this phenomenon. He claims that because the dollar serves as the world’s reserve currency, it will absorb liquidity from other currencies and nations of the world whenever the Fed stops producing.

The Dollar Milkshake theory seems to be coming true since the US Reserve Bank stopped printing money and started limiting liquidity in March. The Euro, which is the currency DXY gives the most weight to against the Dollar, has been falling throughout 2022 and recently hit a new 20-year low at 0.9780.

Not much better are other currencies around the world. On Thursday, the Japanese yen hit a 24-year low, necessitating government intervention to support the currency. The European Central Bank has raised interest rates in response to the weaker euro, but the Bank of Japan has so far refrained from doing the same. This is due to its active participation in yield curve control, which consists of keeping interest rates at -0.1% while buying an infinite amount of 10-year government bonds in order to maintain the yield. to a target of 0.25%. As things stand, it seems increasingly difficult for assets such as cryptocurrencies to gain strength despite the collapse of the global economy. Dollar hegemony and its aftermath may be coming to an end, but there are a few indicators for investors to watch out for. Investors may choose riskier assets in anticipation that the Federal Reserve will scale back interest rate hikes if consumer price index data released next month shows a significant decline. Additionally, by lowering the price of oil and gas, a resolution to the ongoing Russian-Ukrainian war would help alleviate the global energy crisis. The surge in the dollar currently shows no signs of slowing down, which could keep the cryptocurrency confined near its yearly lows.

Summary of news:

  • Dollar value is at its highest level in 20 years, which is unfavorable for Bitcoin
  • Check out all the news and articles from the latest business news updates.
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The dollar value will be increased after a second easy win https://alg-a.com/the-dollar-value-will-be-increased-after-a-second-easy-win/ Thu, 15 Sep 2022 06:33:00 +0000 https://alg-a.com/the-dollar-value-will-be-increased-after-a-second-easy-win/ Keith Donoghue and the eccentric but talented Dollar Value proved to be the stars of the annual meeting of all Sligo hunters, the heavyweight-defying partnership, in style, in the Frank O’Beirne Memorial Handicap Chase. Dollar Value, trained by Tom McCourt, who was recording his eleventh career hit, provided Donoghue with the middle leg of a […]]]>

Keith Donoghue and the eccentric but talented Dollar Value proved to be the stars of the annual meeting of all Sligo hunters, the heavyweight-defying partnership, in style, in the Frank O’Beirne Memorial Handicap Chase.

Dollar Value, trained by Tom McCourt, who was recording his eleventh career hit, provided Donoghue with the middle leg of a spectacular hat-trick, with the other legs provided by the pair formed by Gavin Cromwell, Faith Du Val and Broken Ice.

Seven-year-old Dollar Value, who lifted a whopping 14lbs for a recent searing victory at Downpatrick, has caused trouble off the start in the past but jumped with his six rivals, smashing his way into the lead after the third and, jumping impeccably, dominated from this point, pursued by Bold Emperor, until breaking free between the last two fences to score, hard held back, by ten lengths.

“He’s in a great vein of form and again jumped well for Keith, who is a great jumper,” McCourt said. I will probably go to Year 2 at Gowran in early October and then the plan is to go to the November meeting at Cheltenham before he gets his winter break.

Donoghue had started the day with a bang, aboard Faith Du Val, who won her first hurdle at this track 13 months ago, in the Irish Stallion Farms EBF Mares Beginners Chase, left clear by the final closing start of the closest pursuer Hidden Land.

“The lack of ease on the pitch helps him,” said winning coach Cromwell. “I thought the handicapper was pretty hard on her after she won her maiden here so she struggled to keep going. She has adapted well to the fences and we will see what the handicapper will do.

Broken Ice provided Donoghue with the final leg of his hat-trick and Cromwell’s brace by doing virtually anything to justify 2/1 favoritism in the Brenda Anderson Memorial Beginners Chase, at the expense of Clonbury Bridge.

“It’s great to have your head ahead over the fences,” Cromwell said.

“He knocked on the door and was entitled to earn one on his hunt mark. He will stay further away and will handicap now.

Having his third run over the fences, The Little Yank, a three-time hurdler winner, sped into the Templehouse Lake Chase, storming the break-in to slam Closutton’s hopeful, Grand Bornand (the only mount of the day in Paul Townend) by four lengths and continuing the successful partnership of trainer John Ryan and jockey Kevin Brouder, who scored the double at Ballinrobe last Friday.

Ryan said: “He’s a smashing little horse and he wears his heart on his sleeve every time he runs. He’s not too big but he’s a good horse and he jumps well. But he wouldn’t want the floor to be faster.

Michael O’Sullivan relished a career milestone when he won the final, the Riverstown Handicap Chase, on Robert Tyner-trained mare Dangan Des Champs, the rider’s first winner since turning professional.

The Owenmore Handicap Chase had a poignant ending as Secret Cargo (Niall Moran), trained by Philip Fenton, triumphed under the colors of Michael Daly, who died on Sunday, overtaking Eddies Pride.

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The value of the US dollar in 2022 and beyond https://alg-a.com/the-value-of-the-us-dollar-in-2022-and-beyond/ Wed, 14 Sep 2022 10:27:41 +0000 https://alg-a.com/the-value-of-the-us-dollar-in-2022-and-beyond/ However, the recovery of the dollar in 2022 is far from certain due to the global economic healing. Let’s take a deeper look at this year’s US dollar news and see where a 2022 US dollar estimate might take us. This article will help you decide if you want buy USDC or another cryptocurrency this […]]]>

However, the recovery of the dollar in 2022 is far from certain due to the global economic healing. Let’s take a deeper look at this year’s US dollar news and see where a 2022 US dollar estimate might take us. This article will help you decide if you want buy USDC or another cryptocurrency this year or invest in other traditional assets.

Forecast 2022 USD

The USD struggled throughout 2020 and the first half of 2021.

However, with positive labor data and an expanding economy, there are several things that could favorably impact a US dollar projection. However, the combination of economic depression and inflation fears means that uncertainty persists. Let’s take a look at some of the defining elements.

The Federal Reserve and monetary policy

The Federal Reserve (Fed) has maintained relatively loose monetary policy throughout the pandemic. However, the central bank was forced to scale back quantitative easing, with November’s consumer price index showing a 6.2% increase (the biggest increase in inflation in more than 30 years ).

Before diving into recent events, consider the monetary policy narrative of the past year.

During the worst pandemic, the US Federal Reserve cut interest rates to a record low of 0% to 0.25%. It launched a quantitative easing programme, buying $120bn (£89bn) of monthly bonds. The US dollar has weakened in 2020 due to the Fed’s ultra-loose monetary policies.

The Fed raised its growth forecast in early June, saying two interest rate hikes were likely in 2023. It expected no rate hike in 2023, instead anticipating the first interest rate hike in 2024. during the initial meeting. Following the statement, markets rallied, with the US dollar posting its biggest one-day gain since March 2020.

The Fed reiterated in early August that if inflation remained low, interest rates would not be raised until 2023. Despite recent CPI statistics showing the largest increases in inflation in decades, the Fed has since changed attitude.

In response to rising inflation, Wells Fargo senior economist Sam Bullard said supply disruptions and the resumption of services raise concerns that higher-than-expected inflation could last longer. than the Fed thinks.

Moreover, he added that they expect goods inflation to hand over to services over the next year. However, supply chain constraints will continue to fuel the flames of near-term inflation.

The Federal Reserve’s December update

The Fed said Dec. 15 that while interest rate hikes would be delayed until labor market conditions “have reached levels supported by Optimal Employment Committee assessments,” net purchases of assets would be reduced by $20 billion for Treasury securities and $10 billion for agency mortgages. -Equity-backed monthly starting in January.

Forecast for the US currency in 2022: Rise in retail sales

According to the US Department of Commerce, retail sales in the United States exceeded estimates in October. Inflation did not affect consumer spending in the United States, as sales rose 1.7%, well above economists’ expectations.

Comparing October to September, department store sales increased 2.2%, electronics sales increased 3.8% and Internet store sales increased 4%. While this data provides strong evidence that the US economy is improving, it’s crucial to point out that higher levels of inflation are skewing sales numbers.

As inflation increased by 0.9% in October, the rise in prices may account for about half of the increases.

Final Thoughts

Despite lingering uncertainties and continued volatility, there are plenty of reasons to be bullish on the US dollar.

Dollar bullish sentiments could last well into the new year with a robust pace of economic recovery, monetary tightening to address severe inflation concerns and strong employment numbers.

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Billing high dollar value for opening LCs angered lawmakers https://alg-a.com/billing-high-dollar-value-for-opening-lcs-angered-lawmakers/ Wed, 07 Sep 2022 21:08:22 +0000 https://alg-a.com/billing-high-dollar-value-for-opening-lcs-angered-lawmakers/ Ijaz Kakakhel Islamabad Lawmakers on Wednesday expressed deep concern over the rising value of the US dollar against the Pakistani rupee and they also took note of the imposition of high dollar rates by commercial banks for the opening of LC ( letter of credit) to importers. These discussions took place during a meeting of […]]]>
Ijaz Kakakhel
Islamabad

Lawmakers on Wednesday expressed deep concern over the rising value of the US dollar against the Pakistani rupee and they also took note of the imposition of high dollar rates by commercial banks for the opening of LC ( letter of credit) to importers.

These discussions took place during a meeting of the Standing Senate Committee on Finance and Revenue held in Parliament, under the chairmanship of Senator Saleem Mandviwalla. Discussing the difficulties faced by importers due to the high dollar rates charged by commercial banks for opening LCs, the Committee took due note of the issue and stressed the need to take action to resolve the issue; since the future of industry and commerce depended on it. It has been claimed that many businesses are on the verge of closing down because of this. Market sentiment has hit a historic low. The Committee recommended that a meeting with a single agenda on this issue be held soon.

Issues discussed included the export of excess foreign currency cash as permitted by the State Bank of Pakistan (SBP); SECP data breach; availability of details of registered companies on the Dark Web and issue of increased taxes on mobile phones. Deliberating on the details regarding the export of excess foreign currency cash authorized by the State Bank of Pakistan (SBP), the Committee was informed that the SBP issues special authorizations to export defaced US dollar banknotes/ low value/dirty. In order to export, it has been asserted that exchange companies (ECs) must comply with all relevant regulations.

With regard to the currency declaration counters established by the CAA at all airports in Pakistan where passengers traveling on international routes are required to declare the volume of foreign currency upon arrival and departure, the Committee was informed that this was due to the existing FATF limits which require strict control of Foreign Currency that is leased out of the country. The committee ordered the ministry to provide details within 15 days of streamlining the process to facilitate passengers.

Discuss the SECP data breach; availability of details of companies registered on the Dark Web, Committee members felt that the issue had been disproportionately highlighted and that the SECP needed to revamp online security. The Committee was informed that the matter is under investigation and that a report will soon be submitted to the Committee.

Considering the issue of increased taxes on mobile phones, the Committee was informed that a temporary ban had been imposed on the import of mobile phones due to the current account situation in the country. However, no new tax was imposed. The reason for the price increase is due to regulatory duties on the recommendation of the National Tariff Commission. It was revealed that the regulatory fees imposed are independent of the finance bill and can be charged at any time.

The meeting was attended by Senator Saadia Abbasi, Senator Mohsin Aziz, Senator Farooq Hamid Naek, Senator Talha Mehmood, Senator Kamil Ali Agha, Senator Anwaar Ul Haq Kakar, Senator Zeeshan Khanzada, Senator Faisal Saleem Rehman , Senator Dilawar Khan and senior officers from the Ministry of Finance, Revenue and Economic Affairs, Federal Revenue Board (FBR), State Bank of Pakistan (SBP), Security and Foreign Exchange Commission of Pakistan, as well than all concerned. The Minister of State for Finance and Revenue, Mrs. Ayesha Ghous Pasha was also present.

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Retail potato sales increased in dollar value from April to June 2022 – Potato News Today https://alg-a.com/retail-potato-sales-increased-in-dollar-value-from-april-to-june-2022-potato-news-today/ Wed, 24 Aug 2022 18:16:59 +0000 https://alg-a.com/retail-potato-sales-increased-in-dollar-value-from-april-to-june-2022-potato-news-today/ Retail potato sales increased in dollars and fell slightly in volume from April to June 2022, compared to the same period in 2021, according to Potatoes USA. The industry body said that with prices up 13.6%, dollar sales rose 12.6%. Although total volume sales were down 0.8% from the same period a year ago, they […]]]>

Retail potato sales increased in dollars and fell slightly in volume from April to June 2022, compared to the same period in 2021, according to Potatoes USA. The industry body said that with prices up 13.6%, dollar sales rose 12.6%.

Although total volume sales were down 0.8% from the same period a year ago, they remained higher than the same period before the pandemic in 2019. Three categories increased in volume and dollars: instant, chilled and canned potatoes.

The three categories that account for the highest percentage of sales by volume, namely potato chips, frozen potatoes and fresh potatoes, all increased in dollar sales, but declined slightly in volume. Potato chips rose 13.7% in dollars and fell 1.1% in volume.

Frozen potatoes were up 14.7% in dollars and down 1.2% in volume, and fresh potatoes were up 11.7% in dollars and down 0.8% in volume. Sales of fresh potatoes increased by 11.7% and the price per pound increased by 12.6%, but the average price for fresh potatoes remains below $1.

Most types of fresh potatoes increased in dollar sales, but decreased in volume, with the exception of yellow potatoes and fingerling potatoes. Yellow potatoes increased by 8.3% and fingerling potatoes increased by 6% in volume. When looking at packaging types, bagged potatoes accounted for 84% of volume, and the only category that grew in dollars and volume, 13.6% and 1.1%, respectively.

Five-pound bags were the only category to increase in dollars (15.8%) and volume (4.2%). All package sizes of eight pounds or more saw the largest declines in sales volume, but the largest price increases.

Source: Potatoes United States

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Core Four Dollar Value Comparison https://alg-a.com/core-four-dollar-value-comparison/ Thu, 18 Aug 2022 16:25:00 +0000 https://alg-a.com/core-four-dollar-value-comparison/ We recently wrote an article that predicted the production of the Toronto Maple Leafs’ top four players for the 2022-23 season using the progression and regression of each player’s production over the past four seasons. Our goal today is to expand on that position by trying to put a dollar value on each of the […]]]>

We recently wrote an article that predicted the production of the Toronto Maple Leafs’ top four players for the 2022-23 season using the progression and regression of each player’s production over the past four seasons.

Our goal today is to expand on that position by trying to put a dollar value on each of the four main players over the past three seasons.

Capture the production of every Core Four player over the past three seasons

For the first part of the article, we’ll compare each player’s production over the past three seasons with their annual salary cap reached to see (in terms of production) how much value the Maple Leafs have received from each of them. .

Related: Maple Leafs News and Rumors: Kadri, Campbell, Mikheyev and Goodbye

Next, since the vast majority of people outside of professional sports are paid based on the time they spend working, we’ll also break down a player’s cap and compare it to minutes played over the last three seasons. This will help show the monetary value of their production.

What does Core Four general production look like?

The only thing players have no control over are injuries. In an effort to account for games lost to injury, we will be proposing an 82 game to score rhythm for each of the four players. We’ll do this by calculating each player’s points-per-game pace over the past three seasons and extending that to a pace of 82 games, which is the length of a full regular NHL season.

Player Games played Points scored Points per game 82 rhythm game
Auston Matthews 195 252 1.29 106
John Tavares 198 186 0.94 77
Mitch Marmer 186 231 1.24 102
William Nylander 200 181 0.91 75

What does the Core Four Salary-Cap-Hit-Per-Point look like?

Now that we’ve shown each player’s point production over the past three seasons broken down to a single season’s pace, we’ll compare that pace to their salary cap to arrive at a cost per point.

Rank Player 82 game scoring rhythm Annual cap reached Cap reached by point
#1 Nylander 75 Points $6,962,366 $92,832
#2 marmer 102 Points $10,903,000 $106,892
#3 Matthew 106 Points $11,640,250 $109,814
#4 Tavares 77 Points $11,000,000 $142,857

This chart shows that when it comes to production, Nylander gives the Maple Leafs the best value for money. Over the past three seasons, he’s cost the Maple Leafs $92,832 per run scored.

William Nylander of the Toronto Maple Leafs (AP Photo/Jay LaPrete, File)

It might come as a surprise to some Maple Leafs fans that Marner ranks slightly ahead of Mattews in terms of cap-hit per point scored at $106,892 compared to $109,814 per point for Matthews.

It’s probably no surprise that Tavares gives the Maple Leafs the lowest per-point value at $142,857 per point.

What does the Core Four workload look like?

The following table examines the value for each player per minute of ice time played.

Related: The Bruins’ Top 20 Goalscorers Of All Time

First, we determined each player’s average ice time per game over the past three seasons. Then we extend that to an 82-game season.

Player Games played Total minutes played Minutes per game Ice time 82 games
Matthew 195 4,093 21.0 1,721
Tavares 198 3,679 18.6 1,525
marmer 186 4,009 21.6 1,771
Nylander 200 3,565 17.8 1,460

Now that we have an average minutes played for an 82-game season, we can compare that to each player’s annual salary cap.

Rank Player 82 Ice Time Game Annual cap reached Cap reached per minute played
#1 Nylander 1,460 $6,962,366 $4,769
#2 marmer 1,771 $10,903,000 $6,156
#3 Matthew 1,721 $11,640,250 $6,764
#4 Tavares 1,525 $11,000,000 $7,213

While the cap-hit-per-minute for these four players is much closer than the cap-hit-per-point production, the result of this graph is identical to the first. Nylander ranks first, Marner second, Matthews third and Tavares fourth.

What the graphs show in conclusion

We could easily have called this post “Fun With Numbers”. Although the work of statistically deconstructing the value of each of the Maple Leafs’ Core Four was interesting, the results should logically not be surprising. Of course, the results of the analysis do not influence the choices made by general manager Kyle Dubas and his management team.

Auston Matthews Toronto Maple Leafs Andrei Vasilevskiy Tampa Bay Lightning
Tampa Bay Lightning’s Andrei Vasilevskiy makes a save on Toronto Maple Leafs’ Auston Matthews
(Photo by Mike Ehrmann/Getty Images)

That said, while the analysis tells us little new information, there are some obvious conclusions. The most obvious point is that Nylander gives the team excellent value for their cap of just under $7 million.

The second obvious point is that by using his production or workload, Tavares is giving the Maple Leafs lesser value for his salary cap. But this study doesn’t take into consideration the intangibles that Tavares brings to the team, such as mentorship and leadership.

Related: Canadiens Strike Gold with the Hiring of Marie-Philip Poulin

Moreover, Tavares came on another type of contract. When he was signed by the Maple Leafs, it was based on what he had done in the past with the Islanders more than what he was likely to do long term with the Maple Leafs.

A possible surprise from the Maple Leafs?

What might surprise some Maple Leafs fans is that Marner, by these numbers at least, gives the team comparable value to Matthews. It’s probably a bit of a surprise.

John Tavares Toronto Maple Leafs
John Tavares, Toronto Maple Leafs (Photo by Mark Blinch/NHLI via Getty Images)

We’re sure most Maple Leafs fans believe Matthews is THE star of the team – by far. However, Marner offers more value to the team than many people realize.

Related: Maple Leafs Must Consider William Nylander Trade This Summer

The bottom line is that, in a salary-to-salary comparison, if Matthews isn’t overpaid, then neither is Marner.

[Note: I want to thank long-time Maple Leafs’ fan Stan Smith for collaborating with me on this post. Stan’s Facebook profile can be found here.]

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Maple Leafs Commentary: Core 4 Dollar Value Comparison https://alg-a.com/maple-leafs-commentary-core-4-dollar-value-comparison/ Thu, 18 Aug 2022 07:00:00 +0000 https://alg-a.com/maple-leafs-commentary-core-4-dollar-value-comparison/ We recently wrote an article that predicted the production of the Toronto Maple Leafs’ top four players for the 2022-23 season using the progression and regression of each player’s production over the past four seasons. Our goal today is to expand on that position by trying to put a dollar value on each of the […]]]>

We recently wrote an article that predicted the production of the Toronto Maple Leafs’ top four players for the 2022-23 season using the progression and regression of each player’s production over the past four seasons.

Our goal today is to expand on that position by trying to put a dollar value on each of the four main players over the past three seasons.

Capture the production of every Core Four player over the past three seasons

For the first part of the article, we’ll compare each player’s production over the past three seasons with their annual salary cap reached to see (in terms of production) how much value the Maple Leafs have received from each of them. .

Next, since the vast majority of people outside of professional sports are paid based on the time they spend working, we’ll also break down a player’s cap and compare it to minutes played over the past three seasons. This will help show the monetary value of their production.

What does Core Four general production look like?

The only thing players have no control over are injuries. In an effort to account for games lost to injury, we will be proposing an 82 game to score rhythm for each of the four players. We’ll do this by calculating each player’s points-per-game pace over the past three seasons and extending that to a pace of 82 games, which is the length of a full regular NHL season.

Player Games played Points scored Points per game 82 rhythm game
Auston Matthews 195 252 1.29 106
John Tavares 198 186 0.94 77
Mitch Marmer 186 231 1.24 102
William Nylander 200 181 0.91 75

What does the Core Four Salary-Cap-Hit-Per-Point look like?

Now that we’ve shown each player’s point production over the past three seasons broken down to a single season’s pace, we’ll compare that pace to their salary cap to arrive at a cost per point.

Rank Player 82 game scoring rhythm Annual cap reached Cap reached by point
#1 Nylander 75 Points $6,962,366 $92,832
#2 marmer 102 Points $10,903,000 $106,892
#3 Matthew 106 Points $11,640,250 $109,814
#4 Tavares 77 Points $11,000,000 $142,857

This chart shows that when it comes to production, Nylander gives the Maple Leafs the best value for money. Over the past three seasons, he’s cost the Maple Leafs $92,832 per run scored.

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Honda slashes car prices in Pakistan after dollar value falls https://alg-a.com/honda-slashes-car-prices-in-pakistan-after-dollar-value-falls/ Wed, 17 Aug 2022 13:29:24 +0000 https://alg-a.com/honda-slashes-car-prices-in-pakistan-after-dollar-value-falls/ KARACHI: After a fall in the value of the dollar in Pakistan, Honda Atlas Cars on Wednesday slashed prices of its vehicles within a range of 280,000 to 550,000 rupees in a bid to pass on the benefits to the end consumer. In a notification to its dealers, Honda Atlas said that “given the appreciation […]]]>

KARACHI: After a fall in the value of the dollar in Pakistan, Honda Atlas Cars on Wednesday slashed prices of its vehicles within a range of 280,000 to 550,000 rupees in a bid to pass on the benefits to the end consumer.

In a notification to its dealers, Honda Atlas said that “given the appreciation of the rupee against the dollar, Honda is pleased to pass on the impact of the currency exchange to its valued customers.”

The new prices came into effect on August 17, 2022.

The company has reduced the prices of five variants of the City model from Rs280,000 to 320,000. Following the overhaul, the base City MT 1.2L is now available at Rs3.769 million while the top-end City Aspire CVT 1 variant, 5L is sold for Rs4.479 million.

The BR-V rate has been reduced from Rs360,000 to Rs4.939 million. Similarly, the price of Civic models saw a reduction of Rs450,000-550,000. The Civic 1.5L MCVT is now available at Rs6.349 million while the Civic RS 1.5L LL CVT is priced at Rs7.549 million.

From July 28 to August 16, the rupiah rallied more than 12% in the interbank against the US dollar due to positive developments related to dollar inflows from the United Arab Emirates, Saudi Arabia and of the International Monetary Fund (IMF). However, the local currency closed with a depreciation of Re0.98 or 0.46% against the greenback on Wednesday.

Previously, the Indus Motor Company and Pak Suzuki Motor had announced reductions in the price of their cars.

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Central bank uses lower dollar value to show high GDP per capita https://alg-a.com/central-bank-uses-lower-dollar-value-to-show-high-gdp-per-capita/ Sun, 14 Aug 2022 15:45:00 +0000 https://alg-a.com/central-bank-uses-lower-dollar-value-to-show-high-gdp-per-capita/ TBS Report August 14, 2022, 9:45 p.m. Last modification: August 14, 2022, 9:54 PM Photo: Salahuddin Ahmed/TBS “> Photo: Salahuddin Ahmed/TBS The central bank is using a weaker dollar valuation to show higher per capita income, which is an unsustainable policy, economists said in a webinar on Saturday. Addressing the webinar titled “Contemporary Global and […]]]>

TBS Report

August 14, 2022, 9:45 p.m.

Last modification: August 14, 2022, 9:54 PM

Photo: Salahuddin Ahmed/TBS

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Photo: Salahuddin Ahmed/TBS

The central bank is using a weaker dollar valuation to show higher per capita income, which is an unsustainable policy, economists said in a webinar on Saturday.

Addressing the webinar titled “Contemporary Global and National Economy: How Bangladesh Should Do It” organized by the non-profit organization Banking Sector Policy Support (BSPS), the experts said that the fixed dollar interbank rate was not not used by the market and that the resulting discrepancies make it difficult for Bangladesh to coordinate its foreign and economic policies.

They further said that the penalty imposed on six banks for charging prices above the set dollar prices has fueled fears in the market as a new direction that everyone can support is becoming the need of the hour.

During the webinar, Executive Director of the Policy Research Institute, Ahsan H Mansoor, said interbank rates were only used when the central bank was selling dollars, while at the same time world prices raw materials had a significant impact on Bangladesh’s balance of trade.

“I think the external debt component of the budget will take its toll. We also have to bear the burden of huge external debt. The only reason for that is to keep interest rates low. It will affect the balance sheet,” a- he declared.

Highlighting the differences between the interbank rate and the market rate for the dollar, he said that another rate should now be taken into consideration: the money changers’ rate.

“Due to the pressure in the market, the price of the dollar is fixed by it, which leads to a chaotic foreign exchange market. I think that the Bangladesh Bank still has not found a solution to stabilize the rate of exchange.

On a question on the agricultural side, he said that the government was doing a lot for the farmers, but the increase in fertilizer prices would be a problem amid rising diesel prices.

Dr Zahid Hussain, a former senior economist at the World Bank’s Dhaka office, said international politics had become tricky now and warned against suffering because of complacency.

Mentioning that economists will highlight the trade-offs of any decision, he said, it is the responsibility of economists to call it what it is.

“We tend to blame,” he said of the punishment of six bank treasury chiefs, adding that their only crime was profiting, although both imports and exports increased, making bankers’ profits a natural consequence.

“Regulators regulate banks, not individuals. A bank’s job is to buy low and sell high; they did it for their organization. Yet the regulator took action against the individuals,” he said.

Zahid Hussain also gave his support for removing remittance subsidies, saying it could save Tk 4,000-5,000 crore.

“We say that remittance income increases because of subsidies. But is this really the case? Remittances increased during Covid-19, but this was due to the closure of the curbside market. If it increased because of the subsidy, then why did it decrease? It is time to rethink our subsidy regime,” he said.

He also called for accelerated revenue mobilization, especially for key development projects. “We want to achieve double digit gross domestic product, but it is still stuck in single digits. Taxes from citizens do not reach the government in full, part is collected through intermediaries. We need to reform taxes and have separate tax policy and tax administration,” he said.

Kazi Mahmood Sattar, Chairman of IPDC Finance Limited and Chairman of RSA Advisory Limited, said traders expect instability in the market as they cannot make much profit when it is stable.

He however said that if exporters were buying dollars at Tk 96-98, then the LC settlement at Tk 110 was simply not correct.

He also said that inflation should have been controlled by increasing the price of silver instead of demand, adding that the price of oil should have been adjusted beforehand.

Referring to the need for a stable decision from the regulator, the IPDC Finance Chairman said, “Our economy has improved a lot over the past 10 years and the banking sector has provided a lot of support to the country. over the past 50 years. The banks have worked hard on the industrial growth that we have achieved in 30 years. I think the regulator needs to gain more trust in the market.”

At the start of the webinar, MGK Jewel, Senior Relationship Manager of Eastern Private Banking, gave a presentation on the past and present economic crises of the country and the world.

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