Sentences with phrase «interventions by the central bank»

The Turkish deputy prime minister denies that the country is in a currency crisis despite several interventions by the central bank.

The Turkish deputy prime minister denies that the country is in a currency crisis despite several interventions by the central bank to prop up the Lira.

This seizure, as might have been suggested to readers of these dispatches over the years, combined with surreptitious intervention by central banks in the gold market to suppress the price of the monetary metal, has distorted or destroyed all markets.

Only instead of low mortgage rates being a product of financial alchemy on the part of lenders, rates are low due to the recession and the massive intervention by central banks.

In late 1986, the US Dollar hit new lows, amid massive intervention by central banks.

Not exact matches

Yields in the $ 14 trillion market for U.S. government debt touched record lows in 2016, driven by years of aggressive central bank intervention in the wake of the 2008 - 2009 financial crisis to keep interest rates low to stimulate the economy.

«The central bank, if necessary, is fully capable of stabilising the exchange rate through direct intervention in the foreign exchange market to avoid [the] herd mentality resulting in irrational movements of the rate,» Ma was quoted as saying by the official Xinhua news agency.

The intervention was carried out by the foreign exchange trading desk at the New York Fed, operating in coordination with the European Central Bank (ECB) and the monetary authorities of Japan, Canada, and the United Kingdom.

I do not agree with intervention for our currency due to factors being escalated by the American and Chinese central banks.

Stewart Dougherty is back with scathing commentary about the big mining companies — Barrick, Newmont, Goldcorp, etc — and their unwillingness to fight the obvious intervention in the gold and silver markets by western Central Banks and Governments.

Instead, synthetic gold, sourced in pyramids of credit extended to bullion bankers by central banks with little or no claim on physical substance, have provided a more efficient, better - camouflaged form of intervention.

China's domestic stock markets doubled in value in the space of less than a year only to fall by 30 % during three weeks in late June through early July, before rising sharply again after central bank intervention.

Your secretary / treasurer was interviewed for about five minutes this morning by Bernie Lo and Akiko Fujita on CNBC Asia's «Squawk Box» program in Hong Kong, discussing the surreptitious daily interventions in the gold market by central banks and the Bank for International Settlements to suppress the monetary metal's price.

Working in the other direction, the investment of the US dollar proceeds of foreign exchange intervention by Asian central banks was supportive of the US Treasury market, as was the very wide spread between 10 - year Treasury yields and the Fed funds rate, particularly in light of the Fed's reaffirmation of its intention to maintain an accommodative monetary policy stance (Table 5, Graph 12).

Conclusion Intervention by governments and central banks in the workings of a free market has been one of history's great economic debates, and will certainly continue as such.

The foreign exchange regime was liberalized in June 2016, but FX restrictions remain in place and the market continues to be characterized by significant distortions that have contributed to a 50 percent parallel market premium which was halved following recent increases in central bank interventions and the removal of prioritized allocation of foreign exchange.

Present market conditions now match 6 other instances in history: August 1929 (followed by the 85 % market decline of the Great Depression), November 1972 (followed by a market plunge in excess of 50 %), August 1987 (followed by a market crash in excess of 30 %), March 2000 (followed by a market plunge in excess of 50 %), May 2007 (followed by a market plunge in excess of 50 %), and January 2011 (followed by a market decline limited to just under 20 % as a result of central bank intervention).

I would also not be surprised by a coordinated intervention by the major central banks, given the actions taken by a number of central banks over the past few weeks.»

Currency exchange rates can be affected unpredictably by intervention, or failure to intervene, by U.S. or foreign governments or central banks or by currency controls or political developments in the U.S. or abroad.

Reserve currency is a foreign currency that is held by major financial institutions such as central banks with the purpose of realization the currency intervention and settling the intergovernmental reclamations or affecting the domestic exchange rate.

The answer could be that while central bank interventions increased the monetary base, or M0 money supply, those dollars were held in reserve by the banking system.

We don't spend a lot of time worrying about macroeconomics, but we have been concerned by the scale of central bank interventions.

We expect a slight fall in German Bund yields (perhaps by 10 basis points) to be accompanied by a rise in yields on peripheral euro area bonds before possible intervention by the European Central Bank steadies the fixed - income market.