Sentences with phrase «absorb economic shock»

The other way currency can absorb economic shock is that all earnings coming from abroad become worth more when converted into pounds.

The budget would be funded by taxes currently raised by member states and would «be able to raise money in common, invest and absorb economic shocks», Le Point quoted Macron as saying.

Not exact matches

Regional exchange rates have become more flexible in recent years, and have played a greater role as shock absorber,» AMRO said in its flagship ASEAN +3 Regional Economic Outlook 2018 report.

Russia's economy has absorbed the shocks from oil and sanctions, and there are signs of a nascent turnaround, although economic activity will still contract by 0.6 percent this year

«The economy has absorbed the dual shocks from oil and sanctions, and there are signs of a nascent turnaround, although economic activity will still contract by 0.6 percent this year.