Sentences with phrase «official dollar reserves»

Foreign Official Dollar Reserves is sized as the amount of US agency securities and US Treasury kept by abroad banks.

And the contrary is watched when the Foreign Official Dollar Reserves decreases.

Not exact matches

According to the IIF, since Egypt reached agreement with the IMF in 2016, its currency has increased sharply against the dollar and that boosted its official reserves by almost double — from about $ 20 billion to $ 40 billion — and narrowed its deficit.

Today, it's perched atop global currency markets as Canada wins acclaim for its economic outlook and handling of the public debt, a point driven home Wednesday when a Russian Central Bank official confirmed that the Canadian dollar would be added to its international reserves.

Most importantly, the government does not have the reserves to keep the naira - dollar rates at its official level.