Sentences with phrase «us as the reserve currency»

SDR's were started in 1969 and are already used for international transactions would be backed by gold in the Sino - Soviet plan and used as a reserve currency.

As the reserve currency of the world, having a negative interest rates, what a disaster that potentially could be.

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.

Stop use of the dollar as a reserve currency.

But if that's really a problem, then end use of the US dollar as a reserve currency.

Without USD settlement of OPEC trades, there would not be a USD as a reserve currency

Awesome money printing by the Fed has naturally led to a collapse of confidence long term in the dollar as a reserve currency.

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.

Always tempting to predict the demise of the dollar as a reserve currency... but if you look back over the decades, investors & institutions are very slow to change allegiance.

However, I would note the more recent revival of mercantilism & a new willingness of many countries to diversify into real assets (rather than currencies / bonds)-- this could pose a new and more substantial / elevated risk of decline for the dollar as a reserve currency (vs. the historical example of sterling).

Brexit vote expected to trigger sustained inflows into the gold market as a period of protracted uncertainty surrounding the future of the EU destabilizes the euro as a reserve currency.

Yet, nations follow many noneconomic goals, many of which benefit the US as the reserve currency in the short - run.

Because the US Dollar is the global reserve currency, it can get away with a lot of excess borrowing, given that there aren't any countries capable of taking the place of the US as the reserve currency, yet.

I don't care who is arguing against the US as a reserve currency.

The Hong Kong central bank recognizes the US dollar as its reserve currency.

You appear to be living way beyond your means (like many of us) and so far have managed to stave off problems by the world lending you even more money due to your position as a reserve currency.

There is a reason even the communist Chinese are talking about not using the Dollar as a reserve currency any more.

It's often referred to as the reserve currency of cryptoassets.

On the other side, you have all the fiat moneys of the last 4 centuries — the Dutch gulden, the Spanish real and the British pound — which were both money as well as reserve currencies at that time and whose value collapsed to zero and do not exist anymore today as forms of money.

The US Dollar as reserve currency is used to make trade easier between countries that want the medium of trade between nations to be stable.

Not exact matches

But the company will benefit from the fund's decision to use XRP, in part because it controls large reserves of the currency (which may get a price boost from Arrington's announcement) and because the move may burnish Ripple's reputation as a money transfer platform.

«There's no question that China wants to have its currency as a global reserve currency,» he said.

So you can almost think of it as the crypto reserve currency.

A reserve currency is a foreign currency held by central banks and other major financial institutions as a means to pay off international debt obligations.

This development comes at a time when the Chinese are pushing to have the IMF officially label the yuan as a «reserve currency.»

Reserves tumbled from $ 36 billion before the uprising to around $ 17.5 billion in May this year, and foreign currency reserves have been further drained this month as Egypt returned a $ 1 billion deposit to Qatar and paid $ 720 million in fees to the ParReserves tumbled from $ 36 billion before the uprising to around $ 17.5 billion in May this year, and foreign currency reserves have been further drained this month as Egypt returned a $ 1 billion deposit to Qatar and paid $ 720 million in fees to the Parreserves have been further drained this month as Egypt returned a $ 1 billion deposit to Qatar and paid $ 720 million in fees to the Paris Club.

Despite a decline in fiat currency reserves, China's holdings of gold have increased to $ 60.19 billion in December as compared to $ 59.52 billion in November.

A few months earlier, Beijing had applied similar pressure on European nations, this time to join with it in an unprecedented public call to replace the dollar as the global reserve currency.

After all, the euro's days as a contender for global reserve currency are now on hold at best.

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.

When it decides to peg the value of the currency, it has no choice but to accumulate or lose reserves, as the impossible trinity ensures that money supply rises or falls to match supply and demand in the market in which RMB and USD are exchanged.

There has also been only one case in history in which a currency generally recognized as the dominant reserve currency was replaced by another, and this was the replacement of sterling with the dollar, some time in the 1930s or early 1940s, again depending on your read of history.

As for the British example at the end of the 19th Century, in those days currency was part of reserve accumulation, but much if not most reserves were in the form of gold or silver, and while Britain had the most important reserve currency, the difference between central bank holdings of sterling and central bank holdings of other gold - based currencies, like the franc, were pretty small relative to total trade.

The ratings agency Moody's maintained the US's top - notch «Aaa» credit rating Thursday, saying, «The diversity, dynamism, and competitiveness of the US economy, along with the US dollar's status as the preeminent international reserve currency and very large size and depth of the US Treasury market, offset rising fiscal pressures stemming from aging - related entitlement spending, higher debt - service payments, and recent policy actions that will likely reduce future revenues and increase expenditures.»

As noted last week, even with aggressive Fed easing, the entire increase in the monetary base over the last year has been drawn off as currency in circulation, while bank reserves (as well as commercial and industrial loans) have declineAs noted last week, even with aggressive Fed easing, the entire increase in the monetary base over the last year has been drawn off as currency in circulation, while bank reserves (as well as commercial and industrial loans) have declineas currency in circulation, while bank reserves (as well as commercial and industrial loans) have declineas well as commercial and industrial loans) have declineas commercial and industrial loans) have declined.

Chinese authorities had been propping up the yuan, contributing to an almost $ 300 billion drop in foreign - exchange reserves over the last four quarters, as policy makers sought to deter capital outflows and encourage global usage of the currency.

A reform to Venezuela's central bank law will allow the country to hold international reserves in a broader range of currencies than before as well as in diamonds and precious metals.

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.

Bitcoin functions first and foremost as a currency and could possibly even become a global reserve currency.

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 currencAs 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 currencas the leading global reserve currency.

One of his views that always stuck with me on that subject, at least as a starting point for thinking about it, was that it was somewhat nonsensical to talk about what «equilibrium exchange rates» should be in a world of fiat currencies and fractional reserve banking.

«A year ago people were saying the euro would overtake the dollar as the world's currency reserve and investors have largely changed their minds.»

Based on the overwhelming popularity of the Dollar among the G20 nations, it's highly unlikely the greenback will be dethroned as the global reserve currency.

A gold - backed dollar would also head off China's not too subtle attempt at replacement of the Greenback with the Yuan as the world's reserve currency.

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.

These actions mark Beijing's continued efforts to establish the yuan as a global reserve currency and replace the US dollar in the world's commodity exchanges.

What led to the demise of the gold standard has relevance to today's challenge to the dollar as the global reserve currency.

Due to the massive debt being amassed by government spending, the role of the dollar as the global reserve currency is threatened.