Sentences with phrase «international reserves»

Net international reserves at a precarious level, as we speak today, covering less than 2 weeks of import cover; 10.

Today, 32 years later, the effect of a shift in international reserves from dollars to euros is quite different.

In November, the International Monetary Fund (IMF) agreed to add the renminbi to its Special Drawing Rights (SDR), a type of international reserve asset.

The Reserve Bank has taken advantage of the higher exchange rate to continue to rebuild holdings of international reserves following the interventions that took place between 1997 and 2001.

Most significantly, the U.S. economy represents a sizable share of world GDP — roughly 25 percent at current exchange rates — and the U.S. dollar is the most important international reserve currency.

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.

The Gross International Reserves as at end September 2017 stood at US$ 7.2 billion, equivalent of4.1 months of import cover.

«Gross international reserves means nothing if you don't compare the depreciation of the cedi, in the same period last year our cedi depreciated by 0.04 % now it did 2.5 %.

A reform to Venezuela's central bank law will allow the country to hold international reserves in a broader range of currencies than before as well as in diamonds and precious metals.

MGM Resorts International reserves the right to cancel or modify this promotion at its discretion and without prior notice.

Hostelling International reserves the right to cancel any reservations that have not paid the deposit in full.

The change may help the OPEC nation shore up its tumbling international reserves by allowing it to include loans from China that are denominated in renminbi.

If this proves to be the case, many international reserve funds may need to revise their investment strategies and look beyond Treasury bonds.

That is to say, we're going to nationalize the gold and we're going to convert it, among other things, into international reserves because gold continues to increase in value» — Hugo Chavez

Last month, a survey of 200 Chinese institutional investors by the Economist Intelligence Unit, commissioned by US financial services giant State Street, found that 62 per cent of respondents think the renminbi will surpass the US dollar as the top international reserve currency.

The SDR was created as a supplementary international reserve asset in the context of the Bretton Woods fixed exchange rate system.

Part of the park's northern boundary borders on Ontario's Quetico Provincial Park, creating a huge international reserve of pristine wilderness that's accessible from either country.

Singles Travel International reserves tables of 8 for every night.

So, it is disconcerting that the total proven international reserves account for 2,860 gigatons of carbon dioxide just as the largest fossil fuel companies will continue to spend hundreds of billions of dollars on developing new reserves.

Hostelling International reserves the right to cancel any reservations not paid in full 28 days in advance.

Asian countries (including Japan) now account for around two - thirds of the world's holdings of international reserves.

While it may seem odd for Venezuela to be offering aid at a time when the government's international reserves are near a 15 - year - low with looming debt payments in the coming months, part of the U.S. sanctions announced last week now prohibit any dividends from Citgo to be sent back to Caracas.

He polices regional conflicts while managing the international reserve currency.

Inflation targeting countries also do not have current accounts or international reserves that look different from other countries.

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.

It is sustained by strong commerce and international reserves that could cover eight years of a trade deficit without need of foreign investment,» Rodríguez says.

As a result, they gradually adopted a series of measures — exchange rate flexibility, inflation targeting, tighter financial regulations, accumulation of international reserves and generally prudent fiscal policies, running only small budget deficits and often surpluses — that strengthened their hand when the going got tougher in 2008.

The hryvnia saw significant depreciation in early 2015 in part because Ukraine's international reserves were running very low.

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.

It's no wonder that a few years ago, Chavez not only ordered the repatriation of 90 percent of Venezuela's gold reserves held abroad, but also planned to nationalize the gold sector and use the production to boost the country's international reserves:

According to the Bank of Russia, by Apr / 01/2014 Russia held $ 429 billion the foreign currency (cash + securities) in the international reserves.

The President noted that, gains made in the economy over the past year included reduced inflation, increased economic growth, rising GDP by up to 7.9 percent, and an increase in Ghana's international reserves.

Progress made in the economy in 2017 included reduced inflation, increased economic growth, a rise in GDP by up to 7.9 percent, and an increase in Ghana's international reserves.

«We have increased our international reserves, maintained relative exchange rate stability, reduced the debt to gross domestic product (GDP) ratio and the rate of debt accumulation, we have paid almost half of the arrears inherited, and, crucially, we are current on obligations to statutory funds,» the President said.