Sentences with phrase «u.s. dollar reserves»

In Addition: A parallel determinant is China's effort to lessen its holdings of U.S. dollar reserves, by signing infrastructure agreements (denominated in yuan) with countries participating in its massive, long - term New Silk Road project.

It highlights common fears about the stablecoin which is claimed to be fully covered by U.S. dollar reserves.

Not exact matches

Still, to put things in perspective, the U.S. dollar didn't become a global reserve currency until after the Second World War, 150 years after it was created and three decades after the Federal Reserve was formed.

The implication is that China does not have control of its currency and must sell U.S. dollars (the bulk of its reserves) to keep the currency from weakening even more.

The U.S. dollar accounts for about 64 percent of central banks» foreign exchange reserves.

He scored a big win in 2015, if you recall, when the International Monetary Fund (IMF) agreed to include it in its basket of reserve currencies, placing the yuan in the same league as the U.S. dollar, British pound, Japanese yen and euro.

if the dollar is to serve as the world's reserve currency the u.s. must unavoidably run trade deficits.

As of last year, the U.S. dollar accounted for 63.5 percent of countries» allocated reserve currencies, compared to the yuan, which had only a 1.12 percent share.

The decreasing reserves mostly reflect the rising U.S. dollar (which shrinks the value of non-dollar reserves) and a switch by some onshore Chinese corporates to yuan financing rather than U.S. dollar financing (a welcome trend).

The U.S. is the world's largest economy and the U.S. dollar is the world reserve currency.

Why can't they increase their consumption and investment levels rather than relying on the U.S. economy to buy their consumer goods and capital goods for surplus dollars that have no better use than to accumulate in the world's central banking system as excess reserves?

There is an overriding belief that the U.S. dollar can hold onto its status as the world's king reserve currency simply because of petro dollars.

Almost two thirds of the Peoples Bank of China's $ 2.85 trillion foreign reserves are in U.S. dollar assets.

As I've already noted, Fed policies have significant effects internationally, given the central place of U.S. markets in the global financial system and the dollar's status as the leading global reserve currency.

Of this $ 36 billion was in U.S. dollars; $ 19.7 billion in other currencies; $ 8.7 billion in Special Drawing Rights (SDRs); and 4.1 billion in a reserve position in the IMF.

While the implications for the Federal Reserve Note, currently the U.S. dollar, as the world's primary reserve currency may be profound over time and the importance of this event should not be overlooked, the impact is unlikely to happen overnight.

BEIJING — China's foreign exchange reserves rose slightly in March as broad U.S. dollar weakness continued and escalating trade tensions between the world's two largest economies bolstered expectations of a firmer Chinese currency.

What the Russians and Chinese both want is to create an alternate reserve currency to the U.S. Dollar.

Because of the 1994 Bretton Wood agreement, all currencies around the world are priced in USD (making the U.S. dollar the global reserve currency).

The investment objective of State Street Institutional Liquid Reserves Fund («ILR» or sometimes referred to in context as the «Fund») is to seek to maximize current income, to the extent consistent with the preservation of capital and liquidity, by investing in U.S. dollar - denominated money market securities.

For nearly a century, the U.S. dollar has served as the world's premier reserve currency, but the future is uncertain.

The margin loans lowered the borrowing costs incurred to hedge these swap trades and reduced the U.S. broker - dealer's customer reserve account deposit requirements by tens to hundreds of millions of dollars per day.

And when the u.s. dollar is removed as the reserve currency for world oil purchases you had better hope that the poor will inherit the earth because all most people will have left is hope.

A downgrade of U.S. debt will mean the end of the U.S. Dollar as a reserve currency and more broadly the end of the world as American's have come to know it in the Post-World War II Era.

That weakening, however, led Geithner to reverse himself within minutes by underscoring that the U.S. dollar would remain the world's reserve currency for the foreseeable future.

Foreign Transaction Fee When you use your Card in another country to obtain cash or to purchase goods or services, we reserve the right to charge your Account a Foreign Transaction Fee equal to a bank - imposed fee which will be a percentage of the U.S. Dollar amount of the transaction as may be disclosed to you pursuant to the then - current Rates and Fees Table.

Foreign Transaction Fee When you use your card in another country to obtain cash or to purchase goods or services, we reserve the right to charge your Account a Foreign Transaction Fee equal to a bank - imposed fee which will be a percentage of the U.S. Dollar amount of the transaction as may be disclosed to you pursuant to the then - current Rates and Fees Table.

Period IV covers 1945 - 73, the Bretton Woods era of rising gold reserves, with European countries and Japan amassing sizeable new post-war holdings as central banks exchanged surplus dollars for gold from the U.S. treasury.

There's another major long term bullish factor for gold and silver that never existed before: China is attempting to destroy the U.S. dollar's reserve currency status with a Yuan that's backed by the gold standard.

China, for example, pegs the yuan to the U.S. dollar, and accumulates large volumes of dollar denominated securities as reserve assets.

Finally, on August 15, 1971, U.S. President Richard Nixon closed the gold window, and the U.S. announced to the world that it would no longer exchange gold for the U.S. dollars that were held in foreign reserves.

Monetary Instrument Reports The Bank reserves the right to obtain identification and additional information from customers who purchase U.S. Dollar Drafts or Cashier's Checks in U.S. dollars for any amount.

Dollar Soars as China Surprises Markets with Reserve Requirement Hike The U.S. Dollar is soaring as China surprised the Forex markets with a 50 basis point hike in its bank reserve requirements.

Still, the U.S. dollar remains the world's reserve currency.

Among the pieces for sale (all prices in Australian dollars): the armored vest worn by Crowe's Gladiator character general Maximus Decimus Meridius ($ 20,000 reserve, or about $ 15,400 in U.S. dollars); a replica Roman chariot from that same movie ($ 10,000 or $ 7,700 U.S.); a Leandro Bisiach Sir violin that Crowe used in the film Master and Commander: The Far Side of the World ($ 100,000; $ 76,800 U.S.); a bunch of jewelry from Crowe's ex-wife; and even a Grammy award that was originally presented to Johnny Cash.

The United States carries tremendous debts, much of it owned by foreigners and foreign governments, other countries» sovereign wealth funds are looking to acquire chunks of the U.S. economy, the U.S. dollars is the world's reserve currency primarily because of inertia rather than our economic strength, and we ship money abroad every day to buy plasma tvs and gasoline.

«I think Bitcoin's ultimate future is replacing gold and the U.S. dollar as the world's reserve currency.»

When a central bank from a G7 country like Japan purchases foreign exchange reserves of the United States (US dollars) the shared belief of the U.S. dollar advertently becomes shared with the Japanese people.

Tether controversially issues crypto - tokens known as USD Tethers (USDTs) for trading, which are supposedly backed by an equal number of reserve U.S. dollars.

The token cryptocurrency, labelled USDT, is pegged to the U.S. dollar and fully backed by assets in its reserve account.

Gold, on the other hand, is usually used as a reserve against a potentially flagging U.S. dollar or other widely - traded currencies.

Let's say somebody promised you that Bitcoin was going to become twenty different nation's national currency or remove the U.S. Dollar as the global reserve currency, and Bitcoin did not meet that imaginary standard you made up for it.

Tether is a popular cryptocurrency that claims to have its value back directly by U.S. dollars held in reserve.

Louis and Ryan discuss the impact of the earthquake and tsunami on the world economy; inflation, interest rates, the Fed and Bank of Japan action and the U.S. budget negotiations; the profile of home purchasers today; the paradox of government intervention to make «homes affordable for everyone»; the direction of the rental market, rent vs. buy ratios; the comparison of Fed action during the Volker years vs the Bernanke era; Charlie Sheen, oil prices; the direction of the dollar and other currencies race to the bottom; the status of the dollar as the world's reserve currency; the abandonment of the gold standard; the fate of fiat currencies; Utah's gold standard push; the actions states are taking to cut spending; the price of gold and silver and their role as stores of value; real estate vs. gold and silver as investments; the impact of shadow inventory on general inventory; the impact of the numbers of government workers and their salaries on the D.C. area housing market.

In this case, Qiao is alleged to have embezzled $ 50 million from the China Grain Reserves Corp., known as Sinograin, and transferred millions of dollars from various Asian accounts into U.S. banks.