Sentences with phrase «dollar reserves»

They are building up dollar reserves because they don't want their currencies to appreciate against the dollar.
Then countries like china which have massive dollar reserve are at risk of losing their reserve value.
Central banks must maintain dollar reserves to purchase energy and oil for manufacturing.
Central banks aren't building up dollar reserves because they want dollars.
Eventually, the supply of dollar reserves held abroad exceeded the US stock of gold, implying that the United States could not maintain complete convertibility at the existing price of gold — a fact that would not go unnoticed by foreign governments and currency speculators.
Tether is a cryptocurrency that is backed by dollar reserves, according to the company.
Jindal set aside $ 10 million for the program from the state's general fund, rather than from dollars reserved for the MFP.
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).
This caused a run on gold so extensive that in 1971, President Nixon felt obligated to stop backing dollar reserves with it.
The People's Bank of China has been selling US dollar reserves at an alarming rate to maintain an orderly devaluation, and there is a more - than - trivial risk that it loses control should pressures continue to intensify.
If the US dollar is given the right weight in that basket, it could then maintain the same foreign dollar reserves.
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 reserves.
And the contrary is watched when the Foreign Official Dollar Reserves decreases.
Growth in the global economy should naturally require that the rest of the world accumulate dollar reserves, and so it is natural that the US run current account deficits as the world accumulates dollars.
Recently, Tether has drawn the ire of cryptocurrency enthusiasts who suspect that the company is creating the USDT without possessing actual dollar reserves.
«I wouldn't be surprised to see more interest in Canadian dollar reserves,» said Dan Katzive, director of foreign exchange strategy at Credit Suisse in New York.
It is alleged that ruble is only a shadow of dollar because the central bank is allowed (by the USA) to issue only as much rubles as they have dollar reserves on the US accounts, so that ruble is the «colonial dollar» and nothing more.
This could happen again, but it will take a large central bank that acknowledges that they have embedded losses on their US bond portfolio not reflected in current prices, and then works to limit their losses by eliminating dollar reserve.
Along with China, their huge depreciating Dollar reserves are fueling inflation.
US Dollar reserves continue to build up in the Middle East, China, and other parts of the world as well.
Hoarding US dollar reserves brings no advantage after a certain point, particularly when many are doing it.
Formerly shaky governments around the world are accumulating excessive dollar reserves at more rapid rates.
The dollar's fall against the euro and the growth in emerging economies dollar reserves are thus both manifestations of the same basic trend — a lack of private demand for dollars, relative to the US current account deficit, and the resulting pressure for the dollar to fall...
I ended up closing two lines of business that could not meet return goals, and found two centimillion - dollar reserve errors.
As with most frequent flyer programs, the TrueBlue program allows you to earn points whenever you spend dollars reserving JetBlue flights.
It highlights common fears about the stablecoin which is claimed to be fully covered by U.S. dollar reserves.
Waves, a Russian decentralised platform for launching crowdfunding campaigns and issuing digital assets, has announced that its users can now deposit USD via the secure gateway, receiving in return a token that is 100 % backed by dollar reserves.
Foreign Official Dollar Reserves is sized as the amount of US agency securities and US Treasury kept by abroad banks.
Bitmex added that Tether may have US dollar reserves in a Puerto Rican bank account, which is believed to be a cryptocurrency tax haven.
The central bank has been rationing its dollar reserves through regular weekly sales, keeping the pound artificially strong at 8.78 per dollar but black market traders said they were selling dollars at a range of 11 - 11.04 per dollar on Sunday, without giving volumes of trade.
But Minor says Uphold is about «breaking down all of the banks into a single reserve — we need a dollar reserve, we need a pound reserve.
At some point, if these policies are inflationary, then the vigilantes or those that hold dollar reserves, such as China and Brazil and Mexico, they will be in the driver's seat in terms of longer - term Treasury debt, 10 years and 30 years Treasury debt in terms of their yield.
After all the US demand that China revalue the RMB is also a demand that the PBoC stop increasing US dollar reserves.
If foreign central banks were limited in their ability to stockpile US dollar reserves, foreign exchange transaction costs would barely budge.
The Chinese businesses and individuals have amassed a lot of wealth, most of it held in US dollar reserves and treasury stock backed by the dollar.
Russia, China, and other Asian countries have figured out that the dollar reserve system is the mechanism of their economic enslavement and have started to prepare their liberation by accumulating gold in a big way before gold is formally reinstated as the world reserve currency or as a big part of that new reserve currency.
The hack led to speculation online and in the press that Tether did not hold the dollar reserves it claims are backing its cryptocurrency.
As long as China runs a trade surplus with the US, it's building up dollar reserves.
There's not much it can do with those dollar reserves other than lending them to the US, or spending them with someone else in a third country who will then lend them to the US.
Second, international deals often use US dollars because of the dollars reserve status.
The global money stock could expand through dollar reserves.
This may shift if enough countries experience inflation from the buildup of US dollar reserves that they do not need, and allow their currencies to appreciate versus the US dollar.
Also, excess dollar reserves often produce excess credit, if the central bank allows the money supply to grow from the dollar reserves, which can lead to credit - induced inflation.
The Saudis may not want to produce more, because they don't know what to do with all the US dollar reserves that they have today.
And what will they do with all of those dollar reserves?
(«What will we ever use all these Dollar reserves for?»
The dollar reserves are worth less and less on a relative basis, and they keep coming in.
After all, you can't have too much in the way of US Dollar reserves, can you?
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