Sentences with phrase «more 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.

Not exact matches

To keep the currency weightings of their reserves steady, their demand for dollars naturally increases the more the greenback weakens.
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 implication is that China does not have control of its currency and must sell U.S. dollars (the bulk of its reserves) to keep the currency from weakening even more.
Banks can expand their lending by about eight dollars for every dollar of their reserve, so they make a lot more money out of doing this than they do out of renting you vault space.
«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.
For much of my career I pretty much accepted the consensus, but as I started to think more seriously about the components of the balance of payments, I realized that when Keynes at Bretton Woods argued for a hybrid currency (which he called «bancor») to serve as the global reserve currency, and not the US dollar, he wasn't only expressing his dismay about the transfer of international status from Britain to the US.
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.
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.
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.
Regular folks like you & me are going nuts with these things — renting a traveling petting zoo, reserving private time at a water park, a block party complete with a DJ spinning kids» music — and these fandangos are costing hundreds of dollars or more!
China alone has a Forex reserve of over 3 trillion $, which is 1 trillion dollar more bigger than GDP of U.K. or France.
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.
Mayor Bill de Blasio and City Council Speaker Melissa Mark - Viverito announced a $ 82.1 billion budget agreement for Fiscal Year 2017 at City Hall Wednesday afternoon, putting millions of additional dollars towards summer youth jobs, libraries and seniors while securing more money for the city's reserve fund and the citywide savings program.
A downgrade of U.S. debt will mean the end of the U.S. Dollar as a reserve currency and more broadly the end of the world as American's have come to know it in the Post-World War II Era.
And if you are traveling with a group, you might be able to reserve a smaller dorm room for added privacy and only a few dollars more.
The title is reserved for anyone who has more than a million dollars net worth or for those earning $ 100,000 and more.
He raised taxes at a time when the average family was near or in starvation mode, he confiscated all of the nation's privately - owned gold and then promptly devalued the dollar by 40 % (reducing the buying power of any saved dollars by almost half overnight), he raised bank reserve requirements numerous times (taking yet more cash out of the real economy so it could be hoarded in vaults), he actively supported a trade war with tariffs that created massive global imbalances (some would argue ushering in the rise to power of fascist regimes that would have had no chance in times of prosperity), and perhaps most damning, rather than plowing most of those raised tax dollars back into the stalled economy, he instead bought gold on the global markets for the government and sequestered it, keeping it from backing new dollars (monetary expansion, which most understand is required to turn a recession around) and instead further crushing the economy — and not just the US economy.
We think that any fair reserve clause must include limits, both for the dollars that may be withheld (no more than, say, 20 % of royalties) and the length of time the clause may remain in force (say, one year).
Even for insurance carriers with tens of billions of dollars in claim reserves and the right reinsurance, that's still more exposure than is prudent for a company to take on.
Basically, the lower interest rates are, the more cash or reserves («base money») people are willing to carry around, per dollar of nominal GDP.
At a 10 - year Treasury yield of 1.7 %, interest on reserves of 0.25 %, and a monetary base now at about 18 cents per dollar of nominal GDP (see Run, Don't Walk), further purchases of long - term Treasury securities by the Fed would produce net losses for the Fed in any scenario where yields rise more than about 20 basis points a year, or the Fed ever has to unwind any portion of its already massive positions.
The main question here is the demise of «Bretton Woods II» where the rest of the world uses the US Dollar as the main reserve currency, while the US continues to debase the dollar through the issuance of more dollar cDollar as the main reserve currency, while the US continues to debase the dollar through the issuance of more dollar cdollar through the issuance of more dollar cdollar claims.
What exactly does the dollar being a reserve currency have to do with American stocks being a more stable choice?
However, I would note the more recent revival of mercantilism & a new willingness of many countries to diversify into real assets (rather than currencies / bonds)-- this could pose a new and more substantial / elevated risk of decline for the dollar as a reserve currency (vs. the historical example of sterling).
Ever since the Bretton Woods agreements — the accords after the Second World War which bequeathed the architecture for the modern international financial system — America's trading partners have been left to cope with the impact of Washington's control and, in more recent years, the hegemony of the dollar as the dominant global reserve currency.
The Village Builder status is reserved for special contributors who make a pledge to support French Bulldog Village with a monthly gift of $ 25 dollars or more.
You can reserve your carry - on and first checked bag online after booking (up to 24 hours before departure) for a few dollars more per bag.
There is a reason even the communist Chinese are talking about not using the Dollar as a reserve currency any more.
The World Bank Group continues to invest in exploration for new fossil fuel reserves despite clear signs that we already have far more fossil fuels than we can afford to burn, and over the last five years, the World Bank Group's total fossil fuel finance has trended upwards, with finance into the billions of dollars nearly every year.
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