Sentences with phrase «maintain currency stability»
As bank loans flowed into other economies, many foreign central banks intervened to maintain currency stability with the dollar.
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«Even though BI will continue to maintain stability of the currency, we need the support of many parties to maintain this through hedging schemes,» Hendarsah told Reuters on Wednesday.
The PBOC must carefully consider how to maintain financial stability, encourage innovation, and properly supervise the issuance and circulation of these new currencies.
«Repeated intervention to maintain the currency's stability is at odds with the «more flexible exchange rate mechanism» the central bank announced just three weeks ago,» wrote Chen Long of Gavekal Dragonomics in a research note on Wednesday.
Central banks play an integral role in market economies by maintaining the stability and credibility of national currencies used in those economies.
Bank Indonesia said it must maintain financial system stability and consumer protections and that digital currencies have no official administrator, therefore ownership is «highly risky and loaded with speculations».