Sentences with phrase «foreign dollar reserves»
If the US dollar is given the right weight in that basket, it could then maintain the same foreign dollar reserves.
https://politics.stackexchange.com/ Not exact matches
Yesterday, foreign exchange reserves data from the People's Bank of China showed holdings fell by more than $ 512 billion in 2015 to stand at $ 3.33 trillion dollars at year - end, the lowest level in more than three years.
The U.S. dollar accounts for about 64 percent of central banks» foreign exchange reserves.
The cost of maintaining the yuan's level against the US dollar has been a drop in foreign exchange reserves and an 8.3 % drop in exports in the 12 months to July.
The Eastern Caribbean dollar, which the bank issues, is pegged to the US dollar and is backed by substantial foreign currency reserves.
Almost two thirds of the Peoples Bank of China's $ 2.85 trillion foreign reserves are in U.S. dollar assets.
The Triffin Dilemma, as this problem is known, points out that if foreign growth is high enough relative to US growth that the need for US dollar reserves grows faster than the US economy, the resulting US current account deficit will require that the US sell assets fast enough, or that US obligations to foreigners grow fast enough, eventually to put the US economy at risk.
While foreign interest in the loonie bodes well for Canadians who shop south of the border, it will also jolt Canada's fixed - income markets as reserve managers buy liquid debt securities with the Canadian dollars they own.
Using foreign exchange reserves to support the currency — spending dollars to buy up renminbi — means the central bank is effectively taking billions of renminbi out of circulation, preventing it from flowing through the economy, where it can bolster growth.
«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.
China has a current - account surplus of over $ 200 billion with foreign exchange reserves of some $ 100 billion dollars.
It seems more likely Beijing would consider taking over foreign businesses, especially given its largest US$ 1.9 trillion foreign exchange reserve in the world, and the appreciation of its currency by 9 % y - o - y against the US dollar, or 40 % y - o - y against the Canadian dollar, or over 20 % against both currencies since July 21, 2005 when the Chinese central bank allowed its RMB to float.
As the Australian dollar appreciated against the US dollar in November, the Bank took the opportunity to add to net reserves through its transactions in the foreign exchange market.
BEIJING — China's foreign exchange reserves rose slightly in March as broad U.S. dollar weakness continued and escalating trade tensions between the world's two largest economies bolstered expectations of a firmer Chinese currency.
The Eastern Caribbean dollar is pegged in value to the US dollar and is backed with reserves of foreign currency.
Some analysts think that China and Saudi Arabia have accumulated far more gold than they're reporting and are accumulating still more gold surreptitiously — China to hedge its dollar foreign exchange surplus, Saudi Arabia to hedge both its dollar surplus and the depletion of its oil reserves — but that China and Saudi Arabia can't acknowledge this accumulation lest they spook the currency markets and devalue their dollar surpluses before those surpluses are fully hedged.
At the end of 2006, 25 percent of all foreign exchange reserves held by central banks were in euros, compared to 66 percent in dollars.
The only thing that will save the dollar is if its continued decline leads emerging market nations to impose capital controls as they reach the point where adding further to record foreign currency reserves is not productive, according to Gilmore.
He also added that about three million Dollars, approximately one - tenth of our foreign reserves, was fleeced through a strategic alliance programme in recent times.
Foreign Transaction Fee When you use your Card in another country to obtain cash or to purchase goods or services, we reserve the right to charge your Account a Foreign Transaction Fee equal to a bank - imposed fee which will be a percentage of the U.S. Dollar amount of the transaction as may be disclosed to you pursuant to the then - current Rates and Fees Table.
Foreign Transaction Fee When you use your card in another country to obtain cash or to purchase goods or services, we reserve the right to charge your Account a Foreign Transaction Fee equal to a bank - imposed fee which will be a percentage of the U.S. Dollar amount of the transaction as may be disclosed to you pursuant to the then - current Rates and Fees Table.
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.
Finally, on August 15, 1971, U.S. President Richard Nixon closed the gold window, and the U.S. announced to the world that it would no longer exchange gold for the U.S. dollars that were held in foreign reserves.
As the world's main reserve currency, US dollars account for most governments» foreign exchange reserves and are used to set international market prices for oil, gold and other currencies.
That came after the Thai government was forced to cut the baht's peg to US dollar after exhausting its foreign currency reserves.
And the contrary is watched when the Foreign Official Dollar Reserves decreases.
Foreign Official Dollar Reserves is sized as the amount of US agency securities and US Treasury kept by abroad banks.
Bob and Tracy explore to what extent the high dollar share can be explained by a concern by reserve managers to maintain a stable value of their foreign exchange reserves in local currency terms.
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.
China's foreign exchanged reserves plunged 94 billion dollars just in the month of August.
Resorts of the Canadian Rockies makes every effort to anticipate costs at time of travel, however, in the event of unanticipated increase in fuel costs or taxes or where there are changes in the Canadian Dollar or foreign currencies, RCR reserves the right to charge guests for a those increases.
The United States carries tremendous debts, much of it owned by foreigners and foreign governments, other countries» sovereign wealth funds are looking to acquire chunks of the U.S. economy, the U.S. dollars is the world's reserve currency primarily because of inertia rather than our economic strength, and we ship money abroad every day to buy plasma tvs and gasoline.
When a central bank from a G7 country like Japan purchases foreign exchange reserves of the United States (US dollars) the shared belief of the U.S. dollar advertently becomes shared with the Japanese people.