Sentences with phrase «central bank reserves for»

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.

Not exact matches

China's central bank likely spent about $ 90 billion worth of reserves in currency interventions in January, leading to net capital outflows of about $ 113 billion from China during the month, the Institute for International Finance said on Tuesday.

Mainland Chinese shares lost ground Monday following the latest increase in the central bank's reserve requirement for banks, which was announced late Friday (Photo: AP / CP)

The central bank announced that it will charge an interest rate of -0.1 % for excess reserves parked at the bank by financial institutions.

The U.S. dollar accounts for about 64 percent of central banks» foreign exchange reserves.

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.

As for the British example at the end of the 19th Century, in those days currency was part of reserve accumulation, but much if not most reserves were in the form of gold or silver, and while Britain had the most important reserve currency, the difference between central bank holdings of sterling and central bank holdings of other gold - based currencies, like the franc, were pretty small relative to total trade.

15 This approach has been used heavily, for example, by central banks that have large foreign exchange reserves.

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.

Why can't they increase their consumption and investment levels rather than relying on the U.S. economy to buy their consumer goods and capital goods for surplus dollars that have no better use than to accumulate in the world's central banking system as excess reserves?

China's central bank gave a green light to banks to dig into reserves to lend more, signaling government worries about slowing momentum for economic growth amid rising trade tensions with the U.S.

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.

It accounts for 64 % of all central bank foreign exchange reserves.

The problem is for this or other currencies to become international reserves held by foreign central banks, the issuing nation has to run a balance of payments deficit to pump this currency into the global economy.

Unofficially, the US Dollar is the reserve currency for all major central banks.

Today, it's perched atop global currency markets as Canada wins acclaim for its economic outlook and handling of the public debt, a point driven home Wednesday when a Russian Central Bank official confirmed that the Canadian dollar would be added to its international reserves.

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.

«The consortium of 40 + banks (known as R3cev) which aims to do just that will inevitably develop something which: is permissioned (for users and developers like the apple app store), privatized, has fees, will not be entirely transparent to everyone, will not be open - source, it will definitely be inflationary to accommodate monetary policy of debasement and fractional reserve schemes, it will facilitate negative interest rates, central control of accounts for suspension / freezing of funds, bail - ins, bail outs, capital controls and transactions will include the identity of both sender and receiver and store that information in a centralized location for the convenience of hackers.»

After all, there was no other asset in sufficient supply to form the basis for central bank monetary reserves.

When these entities are net exporters of less than $ 22 billion, as they had been for much of 2013 and 2014, or net importers of capital, as they had been during the previous two decades, the central banks will have exported capital (accumulated reserves) to bring that number up.

«Add to all this the selling by central banks (reserve managers) in emerging economies and a slow shift to lower duration benchmarks, and the result resembles for now a «technically damaged,» asset class,» El - Erian writes.

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.

The central bank will require reserves to be set aside for purchases of all currency derivatives from October, according to a document seen by Reuters, making it more expensive to bet on further depreciation of the yuan.

To alleviate the slowdown and offset the liquidity drain due to continuing capital outflows the People's Bank of China, the central bank, undertook further easing measures, cutting the reserve requirement ratio by a further 50 basis points to 17 % and 15 % for large and small banks respectively at the beginning of MaBank of China, the central bank, undertook further easing measures, cutting the reserve requirement ratio by a further 50 basis points to 17 % and 15 % for large and small banks respectively at the beginning of Mabank, undertook further easing measures, cutting the reserve requirement ratio by a further 50 basis points to 17 % and 15 % for large and small banks respectively at the beginning of March.

For the first time in a decade, the world's central banks are looking beyond the dollar to build their currency reserves.

The central bank cut reserve requirements for banks, freeing $ 200 bln for lending.

Its gold, gas and diamond holdings are few smaller and they're counted by the nation's central bank in its $ 9.7 billion of dwindling foreign reserves, a paltry sum for any country.

In February, Mexico's central bank launched a US$ 20 billion currency hedging program — broadly similar to a policy used in 2015 by Brazilian policymakers to stem a fall in the Brazilian real — which had the advantage of providing support for the peso without draining the country's foreign - exchange reserves.

The Bank of Japan raised the target for bank reserves held at the central bank in May to ¥ 27 — 30 trillion from ¥ 22 — 27 trillBank of Japan raised the target for bank reserves held at the central bank in May to ¥ 27 — 30 trillion from ¥ 22 — 27 trillbank reserves held at the central bank in May to ¥ 27 — 30 trillion from ¥ 22 — 27 trillbank in May to ¥ 27 — 30 trillion from ¥ 22 — 27 trillion.

The one exception was China where the central bank increased its required reserve ratio for commercial banks by 1 percentage point to 7 per cent, in an effort to curb rapid growth in credit.

An additional factor which has, at the margin, increased the demand for Australian - dollar assets is demand from other central banks to hold Australian dollars as part of their international reserves.

The European Central Bank is set to announce specific plans for its 1.1 trillion Euro bond buying program an announcement that highlights the dividing and diverging gulf between the US Federal reserve and its European counterparts.

The past several years have featured little more than a gigantic asset swap, the short description being that massive volumes of government debt have been swapped by central banks for massive volumes of idle bank reserves, while massive volumes of low - yielding, covenant - lite debt have been issued into the hands of yield - seeking investors, in order to retire massive volumes of corporate equities at elevated valuations through buybacks.

Acting - President, Yemi Osinbajo has explained that corruption and the vandalization of pipeline facilities in the Niger - Delta region were responsible for the reduction in the volume of Dollar reserved with the Central Bank of Nigeria (CBN).

But in a statement from the Nigerian Wailers signed by its Deputy National Publicity Secretary, Mr Fasipe Oluyemi, the group has called on the good people of Nigeria to come out en mass for a protest (#OccupyCBN) to stop this impunity of the Fraudulent Forex Trading, Round Tripping and racketeering going on in the Central Bank of Nigeria aided by its Governor, Mr. Godwin Emefiele and bring to an end the Manipulation of Forex, illegally funding Federal Government budget, short - changing the Money Deposit Bank's reserve ratio at the expense of the Masses as the abuse of internal process.

Period IV covers 1945 - 73, the Bretton Woods era of rising gold reserves, with European countries and Japan amassing sizeable new post-war holdings as central banks exchanged surplus dollars for gold from the U.S. treasury.

Particularly, in a situation such as that which exists today, where the shadow banking system responsible for much of the last few years of credit expansion is now dramatically contracting outside any possible control of the central banking authorities, there is no alternative but deflationary collapse with a concomitant moon shot in the value of the world's reserve currency v. all other asset classes.

In particular, the demand for money rises when: consumer spending rises, uncertainty rises, there are higher costs in buying and selling other assets, expectation of a future stronger dollar, increased demand for reserves from central banks (both foreign and domestic), and a rise in foreign demand for US goods and investments.

In doing so, the central bank outlined a timetable for reducing quantitative easing that, along with ultra-low interest rates, has helped banks stave off insolvency and buttress reserves.

In order to increase financial stability — discouraging bank runs, for example — central banks impose reserve requirements, forcing these institutions to keep a certain portion of their funds either as vault cash or in accounts at the central bank.

And over the last 9 months, official demand for US long - term bonds also disappeared — as reserve growth slowed (until recently) and central banks moved in mass toward short - term treasury bills.

One way to interpret this is that the market has a high demand for safe assets and so the central banks, by buying bonds with reserves, increase the supply of very safe assets, ie.

Furthermore, the trader must be able to analyze macroeconomics accounting principles, such as a central bank's level of reserves, current / capital account surpluses and deficits, as well as study the causes and outcomes of speculative attacks on currency, for example, the Bank of England, Mexican and Thai currency debacles make for interesting case studbank's level of reserves, current / capital account surpluses and deficits, as well as study the causes and outcomes of speculative attacks on currency, for example, the Bank of England, Mexican and Thai currency debacles make for interesting case studBank of England, Mexican and Thai currency debacles make for interesting case studies.

«[Central banks] have chosen implicitly, if not in a more overt fashion, to set capital and other reserve standards for banks to guard against outcomes that exclude those once or twice in a century crises that threaten the stability of our domestic and international financial systems.

What is mean by «interest rates» is usually based on the officially published rates determined by the central bank and is referenced to the overnight lending rate for meeting reserve requirements.

Finally, Part IV (chaps 15 - 16) outlines where we should go — namely outlaw fractional reserve and central banking — and provides further reading for those who are interested.

For a time, the demand for US dollars was satisfied by an increasing balance of payments shortfall, and foreign central banks accumulated more and more dollar reservFor a time, the demand for US dollars was satisfied by an increasing balance of payments shortfall, and foreign central banks accumulated more and more dollar reservfor US dollars was satisfied by an increasing balance of payments shortfall, and foreign central banks accumulated more and more dollar reserves.

This was achieved through high mandatory bank deposits and reserves, which are to be deposited to Central Bank by all business banks, for loans ranked as risk, high risk, hard or non-performing loans (NPbank deposits and reserves, which are to be deposited to Central Bank by all business banks, for loans ranked as risk, high risk, hard or non-performing loans (NPBank by all business banks, for loans ranked as risk, high risk, hard or non-performing loans (NPLs).