Sentences with phrase «central bank reserves»

That is why a country's current account and its capital account (which includes changes in central bank reserves) must always balance to zero.

The dollars swelling European and Asian central bank reserves are an embarrassment of riches.

More than 60 percent of central bank reserve assets are denominated in dollars, and that share has been stable to rising in recent years.

Eligible institutions will be able to borrow four - year central bank reserves for an initial period of 18 months at rates close to the Bank Rate.

The MPC said it could adjust the terms and length of the scheme, which is funded by central bank reserves and that the value of lending will be determined by usage of the scheme and could reach around 100 billion pounds.

«Bottom line, a major crutch for the U.S. Treasury market over the past decade of foreign central bank reserve accumulation has gone away for now,» Boockvar said.

Diversification of central bank reserves into larger holdings of euros is much in the news these days.

Fears of a bank run in Ukraine are rising, as central bank reserves sink and some 7 percent of bank deposits were lost in just 3 days.

«Argentina's government is using central bank reserves to artificially inflate the peso & now they have high inflation.»

But the international sector involves not only export and import trade and other current account items (emigrants» remittances, and above all, military spending) but also foreign investment and income — and foreign central bank reserves held in U.S. Treasury and other securities, that is, loans to the U.S. Government.

Whereas the world's financial system formerly rested on gold, central bank reserves now are held in the form of U.S. Treasury IOUs that can be run up without limit.

Marti Venal at SalesWeasel GoldFelon pointed out that in the 21st century, digital central bank reserves could be created effortlessly electronically without any resort to the printing press whatever.

Because the current account ran a $ 22 billion surplus, the sum of the capital account and the central bank account had to run a $ 22 billon deficit, and given that the former was in $ 30 billion surplus, the later must have run a $ 52 billion deficit, that is, central bank reserves rose by $ 52 billion.

What if there are so many central bank reserves that pay interest that all of the interest from gov» t bonds goes to the commercial banks (the central bank breaks even with no profits)?

Could it be that someone found a way to vastly increase the supply of gold without having to go through the trouble of mining it — to dishoard and lease it from central bank reserves and then issue certificates against gold that never existed in the first place?

In addition, the Treasury curve is skewed steeper by foreign central bank reserve selling.»

The increase in central bank reserves was a residual, and not a decision by the PBoC.

International Economy Diversification of central bank reserves into larger holdings of euros is much in the news these days.

The effect would be to have RMB reserves in all these other central banks — Brazil, Malaysia, India, Mexico and other developing countries — rise in exchange for an equivalent rise in the PBoC's central bank reserves, denominated in all these various currencies.

Michael Hudson: Russia let the ruble float because the alternative would have been for foreign speculators to gang up Soros - style and loot Russia's central bank reserves in a financial poker game.

«An online gold market with vaults storing more gold than the central bank reserves of Canada, Hong Kong, Ireland and Qatar combined.»

For these purposes, the Australian Prudential Regulation Authority (APRA) has defined high - quality liquid assets to include cash, central bank reserves and government securities.

Behavioural aspects of the model included the propensity to consume out of both income and wealth, a simple accelerator model of firms» investment, and positive requirements on banks for capital adequacy and central bank reserves.

Cash, banknotes and coins, central bank reserves, commercial bank monies are the ones that we need to know of.

If countries do indeed begin to diversify their central bank reserves, the move into the euro will aggravate Europe's dollar dilemma, pushing it to the brink of a political breaking point.

The problem for all countries today is that as presently structured, the global financial system rewards speculation and makes it difficult for central banks to maintain stability without recycling dollar inflows to the U.S. Government, which enjoys a near monopoly in providing the world's central bank reserves by running budget and balance - of - payments deficits.

Specifically, the LCR specifies that, when a bank issues an unsecured wholesale liability of 30 days or less, it must hold between 25 and 100 percent of the amount in the form of either central bank reserves or sovereigns.

This meant by definition that it must have had an even larger central bank deficit, which means confusingly, that its central bank reserves grew as it exported capital abroad to purchase U.S. Treasury bonds and other assets.

Growth in central bank reserves and sovereign - country funds has taken the form of recycling of dollar inflows into new purchases of U.S. Treasury securities — thereby making foreign central banks (and taxpayers) responsible for financing most of the U.S. federal budget deficit.

Then the resultant acceleration in US deficits creating market concerns for sustainability, during a time that the Euro was introduced, over time, Central bank reserve diversification into USD, creating anxiety for Investors, and the USD declined.

China ran huge trade surpluses even before then, when it was the Chinese central bank that exported capital as it accumulated one of history's largest hoards of central bank reserves in its efforts to keep down the value of the renminbi.

To see that, assume the reserve requirement was 0, no entity wanted currency, and the commercial banks did not want any central bank reserves.

Entities turn in currency for demand deposits, the commercial banks turn in all of the currency for central bank reserves, and the commercial banks turn in all of the central bank reserves for bonds.

So, it seems to me the fed was reacting to desired demand for currency, desired demand for central bank reserves, and required demand for central bank reserves while keeping the fed funds rate on target.

The fed was «lending» or doing an OMO for currency and / or central bank reserves to the commercial banks with the gov» t bonds as collateral / outright possession to back the currency / central bank reserves, not lending to the gov «t.

Quite apart from the widening U.S. trade and payments deficit, the Iraq war has created a backlash that has led some Arab and Islamic politicians to urge OPEC countries to price and sell their oil in euros and shift their central bank reserves out of their present heavy weighting in dollars.

«When QE was first introduced in Japan in the 1990s, mainstream economists rushed to predict that the massive expansion in central bank reserves would be inflationary.

The global economic crisis raised the value of gold fourfold, while the overwhelming majority of central bank reserves in developed countries are invested in gold.

Their government is using the central bank reserves to artificially inflate the peso and now they have gut - wrenching high inflation.

These purchases can be financed either by the creation of central bank reserves or by Treasury bills and the Debt Management Office's cash management operations.