Sentences with phrase «currency economy under»

It is clear that Bitcoin and other cryptocurrencies will continue to exist in ways that many regulators disapprove of unless there is a united front on wresting the digital currency economy under global control.

Not exact matches

The currency has been under a lot of pressure on fears that the United Kingdom could experience a «hard» Brexit and practically lose access to the European single markets when it leaves the European Union — which could shock the local economy.

Amongst advanced economy currencies, the yen was especially affected, not only on 31 October but throughout the period under review.

The Russian central bank's dramatic rate hike further threatens financial stability in the troubled economy and is thus unlikely to put a floor under the country's currency or stocks, say analysts.

Already Buhari has started giving excuses for the abysmal performance.He attributed the quagmire to drop in the price of oil globally and cleverly laid the blame on the doorsteps of all Nigerian accusing them of relying solely on oil.All renowned rating agencies including fitch continue to downgrade Nigeria ever since Buhari took over and it is projected that Nigeria will not be able to repay its debt obligations.Fitch for instance downgraded Nigeria's longterm foreign currency issuer default rating to B + from BB - and longterm local currency IDR to BB - from BB.The general position expressed by almost all the Briton wood institutions is that Nigeria's fiscal and external vulnerability has worsened under Buhari and it is projected that the government's general fiscal deficit could grow up to 4.2 % by the end of 2016 after averaging 1.5 % under the previous regime.A recent capital importation report by Nigeria Bureau of Statistics confirms that, last year, the country recorded total inflow of capital into the economy stood at $ 9.6 billion which was a 53 % drop from previous year and the lowest recorded total since 2011.

Under Osborne, productivity is abysmal, business investment is weak, exports are struggling (despite the fact that, unlike the eurozone economies, we still have full control of our own currency thanks to the decisions of the last government).

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The rate of exchange under this gold standard monetary system is resolved by the difference of economy for an ounce of gold between the currencies.