Sentences with phrase «by weakening their currency»

During the first stage of a two - stage cycle, many central banks and governments perceive that their economies can gain an advantage by weakening their currency on the foreign exchange market.

Not exact matches

Despite strident comments about alleged currency manipulation by China, but not Japan, there is little doubt that the Reserve Bank of Australia will implement a variety of measures to weaken the Australian dollar.

The Malaysian ringgit was the worst performing currency in Asia this week, weakening by another 2.83 percent.

«There is a good chance the euro would weaken again,» he said, saying the currency could reach $ 1.12 - 1.15 during the second half of the year, likely bolstering corporate earnings, although any lift could be delayed by hedging policies.

Central bank weakens currency further by 1.1 % after previous official cuts that put global financial markets on edge

«China has paved the way for a further weakening of its currency by announcing changes in how it measures the value of the renminbi, raising investors» alarm at the prospect a new currency war just as the US prepares to raise interest rates» (FT, 12/12/15).

The emerging markets sell - off intensified on Monday with stocks heading for their worst day in almost six months even before Latin American bourses opened, and currencies weakened further until the Turkish central bank prompted speculation it might raise rates by calling an emergency meeting.

They printed a massive amount of Swiss Franc which they've converted to other currencies which they bought equities and they've done so well so the paper profit 55 billion last year equal to eight percent of their GDPall through the creation of money in order to keep the Swiss Franc weak, which they've managed to weaken against the Euro last year also by about 10 percent even though the Swiss itself held against the dollar was a little bit stronger..

The DOLLAR INDEX is lower by 3.2 %, which is also in contravention of conventional wisdom as QE is done to weaken one's currency in an effort to aid the domestic economy.

Profits at Japanese automakers have surged in yen terms as the Japanese currency weakened against the U.S. dollar over the past year, helped by a mammoth Bank of Japan effort to expand the money supply and ignite inflation to end years of economic stagnation.

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.

Currently, anxiety has been sparked mostly by the ever - weakening Chinese currency and oil prices that have fallen to their lowest levels in eleven years.

However, fewer international funds made the list, with hard - currency ones partially affected by the weakening dollar in 2017.

A senior U.S. administration official additionally called it a scam by President Nicolas Maduro which will further weaken democracy in the OPEC country, and anyone dealing with the currency is directly supporting the dictatorship.

The uptrend was probably caused by the situation in China, where investors anticipate a further weakening of the national currency.