Not exact matches
One
particular point I want to highlight is the need for central bankers to be aware
of the risks that their banks and corporations are taking in regard to foreign
currency exposures, as these can be a major source
of financial vulnerability for a
country.
As the
country's oil - dominated trade flows have tied the value
of the Loonie to triple - digit world oil prices, the resulting strength
of the
currency has turned into a curse for exporters in general and Ontario's factories in
particular.
Russian Energy Minister Aleksandr Novak said the
country is considering an option
of payments for oil in national
currencies, in
particular with Turkey and Iran.
In fact, while some such as Visa's Prabhu see the lack
of a central bank's backing as a weakness, others see it as an advantage that the
currency is not tied to the interests
of a
particular country.
Some
countries, in
particular those with internal subsidies or
currencies that are not fully convertible do tax and / or apply quotas to exports but I'm not aware
of any commodities that are treated that way in the US.
Trade flows to measure the net
of imports and exports
of a
particular country, and the effects that such flows can have on a nation's
currency.
In such cases, instead
of Loan funds being forwarded directly to the corresponding Field Partner, Kiva may, for example, have to transact with other intermediaries (such as the Field Partner's U.S. - based affiliates or other third parties licensed in the
particular country to transact in foreign
currencies) to structure a different indirect funding process that enables a Borrower to ultimately be supported by a Partner Loan from you.
Plenty
of countries outside
of Western Europe offer an exchange rate more forgiving toward the dollar — in
particular,
countries whose
currencies are somewhat pegged to the dollar, such as those in the Caribbean as well as those in Eastern Europe and Asia.
The Chinese government apparently was concerned over investor speculation in the digital
currency, and in
particular in the use
of Bitcoin to move money outside the
country.
Japan in
particular actually formally recognized Bitcoin as legal
currency which explains the rise
of Bitcoin in that
country, although Korea's surge is not as easily explained.