Sentences with phrase «usd in the money supply»
By buying USD, the Canadian government reduces the number of USD in the money supply, thus making the USD rarer and so more valuable compared to the CAD.
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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.
Exchange rates would remain, in order for the Allies» to ensure that their currencies continued to stay within at least a 1 % parity with the USD by relying on money supply measures and forex trading.