Sentences with phrase «central bank of the country»

However, trends can be determined by central banks of countries.

Recent disruptions of oil production in Libya have cost the country 350,000 barrels daily in lost output, the central bank of the country said, adding that the effects of these disruptions will force it to curb spending further even though it has been trying to avoid this.

Unlike established currencies that have the backing of the government and the central bank of the country, the value of cryptocurrencies boils down to computers and math.

In addition to ease - of - access issues for citizens and businesses, control over the supply of money is the job of the central bank of a country, and having a cryptocurrency as the national currency would severely limit what a central bank can do to the money supply because they have less power over cryptocurrencies - you can't simply print more bitcoin.

Your bank instructs the settlement bank, e.g. the central bank of your country, where your bank is located, to transfer funds to Key Trade.

The central banks of countries generally tend to reduce interest rates when they wish to increase investment and consumption in the country's economy.

My knowledge of how interest rates work (please correct me if I'm wrong) is that it is set by the Central Bank of a country.

Repo rate is the rate at which the central bank of a country (RBI in case of India) lends money to commercial banks in the event of any shortfall of funds.

Definition: Repo rate is the rate at which the central bank of a country (Reserve Bank of India in case of India) lends money to commercial banks in the event of any shortfall of funds.

Central banks of each country would need to have enough gold to back up any currency they issued.

We then negotiate with the central bank of that country to open special escrow accounts as a form of securing a set - off settlement.

We then negoti - ate with the central bank of that country to open special escrow accounts as a form of securing a set - off settlement.

Cryptocurrencies defy the rights of the People's Bank of China (PBC), the central bank of the country.

In autumn 2016, the Central Bank of the country announced its plans for the development of a national crypto currency.

While the central banks of some countries are hoping to be a part of the virtual currency revolution, the Bank for International Settlements (BIS) is concerned about the repercussions of going digital.

While the central banks of some countries are hoping to be a part of the virtual currency revolution, the Bank for International Settlements...