Sentences with phrase «appreciation of our currency»

Like Japan in the 1980s, China's export - driven economic success and high savings rate needs a relief valve if it is to avoid rapid appreciation of its currency, the renminbi, the exchange rate of which is carefully managed.

You may disagree with Krugman's analysis, but it's a little disingenuous to try to denigrate and dismiss Thomas Mulcair's economic ideas when they're based on Nobel prize winning work in economics (the intellectual case, that is; the factual case that this phenomenon is occurring today, in Canada, is purely a question of whether the appreciation of our currency is based on the oil and gas boom and whether a high dollar results in lower exports in other sectors, both of which you seem to have admitted are accurate.)

But [the increase in commodity prices] is just the beginning of the story, accounting for about one - half of the appreciation of our currency over the past decade.

Despite stronger than expected growth in the second half, the central bank has actually reduced its outlook for the next two years, saying that's when the current appreciation of the currency will show up in growth figures.

It seems more likely Beijing would consider taking over foreign businesses, especially given its largest US$ 1.9 trillion foreign exchange reserve in the world, and the appreciation of its currency by 9 % y - o - y against the US dollar, or 40 % y - o - y against the Canadian dollar, or over 20 % against both currencies since July 21, 2005 when the Chinese central bank allowed its RMB to float.

Bank of America Merrill Lunch says that a 10 % appreciation of the currency removes 40 - 50 basis points from medium - term inflation forecasts.

While the magnitude of this fall partly reflects the appreciation of the currency, it also reflects ongoing price declines associated with global overproduction and high productivity growth continuing in this sector.

Overall CPI inflation was a more modest 1.6 per cent over the year, held down by weakness in the prices of internationally tradable goods flowing from the appreciation of the currency.

Over recent years countries in Asia have been intervening heavily (buying US dollars and selling their own currencies) in order to prevent an appreciation of their currencies.

Higher demand generally leads to higher prices and neither the US nor Europe want to see an appreciation of their currencies.

Not exact matches

The currency effect was a negative 6.6 %, primarily attributable to the appreciation of the euro versus the US dollar.

The PBoC described the devaluation as small compared with the yuan's appreciation in recent years or the depreciation of the currencies of its economic rivals in Asia and Europe.

However, some economists believe that given the economic growth in the region — which the ECB foresees at 2.3 percent of gross domestic product (GDP) in 2018 — consumers will be able to sustain the appreciation in the currency and the ECB won't be forced to stimulate the economy.

The central bank also released its latest quarterly report on the economy, which says, «export growth will be limited by the recent appreciation of the Canadian dollar, alongside that of the U.S. dollar, vis - à - vis most other currencies.»

This is despite the 30 % appreciation of the yuan against a basket of currencies over the past decade.

«The rapid appreciation of Bitcoin and others is somewhat surprising in light of some developments that seemingly would have put downward pressure on the currency,» another group of Morgan Stanley analysts wrote, citing the SEC's rejection of a Bitcoin ETF, among other factors.

Control of the short rate is possible because monetary policy shifts the expected rate of currency appreciation or depreciation.

On the other hand, the recent appreciation of the yuan against a basket of currencies created by the Chinese government, is mainly artificial.

When you invest in Bitcoin (or gold, or the price of oil, or other commodities, or any other currency, or fine art), you are betting the farm on price appreciation alone.

An appreciation of the U.S. dollar against most other currencies largely explained the fall in travel costs in 2015.

CAPITALIZING ON GLOBAL BONDS & CURRENCY OPPORTUNITIES Templeton Global Bond Fund seeks current income with capital appreciation and growth of income by investing predominantly in bonds of governments and government agencies around the world.

Since Canada is a major exporter of many commodities, an increase in prices means that the world is prepared to pay more for the Canadian dollars ultimately required to purchase them, thus creating an appreciation in our currency.

A strong dollar has been, and still is, the main foe of EM currency appreciation.

But there is a «sweet spot» of ongoing dollar appreciation for EM currencies and markets.

International stocks could rise from the benefits of improved economic growth, and hedging the currency means any dollar appreciation associated with higher rates won't harm investors.

In recent months digital currencies like Bitcoin have caught the attention of the investment world due to their rapid price appreciation and potentially disruptive technologies.

Around 95 per cent of the appreciation in the currency from its lows in April 2001 has occurred in overnight trading.

In contrast to the strength in volumes, the value of total imports declined by around 5 per cent over the year to the December quarter, as the currency appreciation has lowered Australian dollar import prices.

The point which Ben very appropriately emphasizes is that unmanaged secular stagnation in one place is contagious — that a higher level of saving over investment leading to low interest rates in one place, leads to current account surplus, leads to a capital outflow, which then leads to currency depreciation, leads to currency appreciation in other places, and leads therefore to spreading low demand and low interest rates everywhere.

An appreciation of the exchange rate means that: the increase in the domestic currency price of commodity exports will be less than the increase in world commodity prices; the income of the other tradable sector will fall; and real income gains flow to the broader economy via the associated decline in the price of imports.

Domestic inflationary pressures, associated with higher wages and incomes, will lead to higher inflation for non-tradable goods and services but, at the same time, the gradual pass through of the initial exchange rate appreciation will lead to lower inflation for tradable goods and services (whose prices in foreign currency terms depend to a significant extent on global considerations).

Also implied volatilities were larger for «out of the money» options to buy renminbi, than for equally «out of the money» options to sell the currency, thereby suggesting that the balance of expectations was skewed towards an appreciation of the Chinese currency against the US dollar.

«Bitcoin owners are reluctant to use the cryptocurrency given its rate of appreciation, more evidence that bitcoin is more asset than currency,» Faucette said.

Other measures, such as exchange controls, are also being used to stem the appreciation of local currencies, with the authorities in Thailand announcing in October a package of measures, including suspension of interest payments to overseas holders of Thai cheque and savings accounts and a deposit ceiling of 300 million baht (US$ 7.5 million) per account.

While the Australian dollar has appreciated more than some of these other currencies, the additional appreciation is not that large (see Graph 24), and, as noted above, the Australian dollar remains below average levels against currencies such as the euro and yen.

Overall CPI inflation, however, remains at the lower end of the Reserve Bank of New Zealand's 1 — 3 per cent target band, with the currency appreciation exerting a dampening influence.

One offset to this brighter outlook, though, is the appreciation of the exchange rate, which reduces the Australian dollar proceeds of foreign - currency export receipts.

The appreciation of the Australian dollar has been less marked against the euro, and the currencies of a number of countries that Australia competes with in international markets.

As noted, Asian currencies are important in the TWI and the appreciation against these currencies accounts for about two - thirds of the 18 per cent rise in the TWI over the past year.

Both the US and Europe may choose print more to slow the appreciation of their respective currency, and in turn, shockwaves will be felt around the world.

While we believe that temporary factors have amplified the drop in services inflation, the ECB will likely worry about potential second - round effects of lower oil prices and currency appreciation on the price of some other (non-energy) goods and services, including on Non-Energy Industrial Goods inflation which fell sharply, from 0.7 % to 0.3 % in February.

You'll notice that many of the YTD returns are different when adjusted for local currency appreciation or depreciation and the relative devaluation of various emerging market currencies is another theme that has come to the fore in 2014.

Our own models suggest that second - round effects will remain contained barring another episode of currency appreciation [2].

But that is what an appreciation in the price of gold is based on; paper money has to fall in value, due to a lack of confidence in the economic stability of the government of the country that issues the currency.

But in the absence of any suggestion that the currency's appreciation would delay a tapering of bond purchases, the single currency's rally — which by the end of August had taken it above US$ 1.20 for the first time since the start of 2015 — resumed, following a brief pause in the run - up to the ECB meeting.

Currency impact can be managed by hedging local currencies back into U.S. dollar, allowing investors to potentially earn local market yields and take advantage of potential local bond price appreciation, with less currency fluctCurrency impact can be managed by hedging local currencies back into U.S. dollar, allowing investors to potentially earn local market yields and take advantage of potential local bond price appreciation, with less currency fluctcurrency fluctuations.

Currency Hedges As noted by the strong appreciation of the Bloomberg Dollar Spot Index, up 6.7 % during the third quarter, the U.S. dollar has strengthened versus most global currencies.

As a result, the real effective exchange rate of Spain has depreciated by around 7 per cent since 2008, in contrast to an appreciation of 1 per cent in Germany — an improvement achieved despite Spain's inability to devaluate its own currency.

To the extent that it allows the opponents of reform to paint the issue of currency appreciation as bowing to outside pressure, the answer is likely no.

A former Economic Adviser to former President Olusegun Obasanjo, Prof. Ode Ojowu said the measure would further create problems for currency speculators who had not recover from the sudden appreciation of the Naira.