Sentences with phrase «national central banks which»

Point 3 seems to state that the central bank of a common currency area could work more efficient and be more credible when it is independent, compared to national central banks which may be controlled by the government.

Not exact matches

Instead, most of the credit seems to go to the European Central Bank, which in late December under its new president, Mario Draghi, quietly began providing emergency loans to European banks — hundreds of billions of dollars of almost interest - free capital that the banks have used to come to the rescue of their national governments.

Since then, we have seen the experience of several central banks, such as the ECB and Swiss National Bank, which have adopted negative policy interest rates.

There has been speculation that the European Central Bank may try to address German concerns by delegating bond purchases to the national central banks, which in theory would absorb any Central Bank may try to address German concerns by delegating bond purchases to the national central banks, which in theory would absorb any central banks, which in theory would absorb any losses.

In August 2009 GATA consultant Rob Kirby of Kirby Analytics in Toronto obtained from Germany's central bank, the Bundesbank, a written admission that much of Germany's national gold is held outside the country at «trading centers» at which the Bundesbank may «conduct its gold activities.»

«ELA is a decision of the national central bank of Greece, to which the governing council could object with a strong majority if some conditions are not in place.

And if modern central banks are no longer slaves to national treasuries, they're still under constant pressure to cater to them — pressure to which they often give in.

Pakistan's «tribal areas» which are the source of many bombings like the West Bank and Gaza Strip in Israel which is home to many bombers when this was a common occurrence in Israel, are both only weakly under the control of the central national government's authority, but it is much more practicable for Israel to wall off the areas that it does not fully control (which was the single most important policy decision that led to fewer bombings in Israel) than it is to do so in Pakistan.

This dollar buying also increases the number of USD in its own central bank, and that increases the «national value» of Canada, which increases the value of its own currency; however it can mitigate this, if it wishes to have a cheaper currency than the USD, by simply printing more.

The statement read, «For almost two hours, President Muhammadu Buhari on Monday received briefing from the Minister of Budget and National Planning, Senator Udoma Udo Udoma, the Minister of Finance, Mrs. Kemi Adeosun, and Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, after which a delighted President declared that he was pleased with the progress being made on different fronts.

Azibaola and his co-accused were alleged to have diverted $ 40million (Forty Million United State Dollars) purportedly meant for supply of Tactical Communication kits for Special Forces which was transferred from the account of the Office of the National Security Adviser, ONSA, with the Central Bank of Nigeria to the domiciliary account of their company, One Plus Holdings.

This two - minute trailer of the new documentary produced by Blue Bear Films for the National Geographic Society on the occasion of the traveling exhibition Afghanistan: Hidden Treasures from the National Museum, Kabul features footage of the 2003 rediscovery of the collections from the National Museum, Kabul, which had been hidden in the vaults of the Central Bank in the Presidential Palace in 1988.

Sveriges Riksbank, the central bank of Sweden is currently investigating whether the country needs a national cryptocurrency which would be called e-krona.

Secondly, they are global instruments, not national ones and they are funded using Bitcoin, Ethereum and other cryptocurrencies which are not controlled by any central authority or bank.

This step is being orchestrated by the central bank, which fears that allowing cryptocurrency usage to continue unfettered will threaten the sovereignty of the rupiah, Indonesia's national currency.

Keeping a smaller currency constantly pegged to a larger national one, to a regional one or even to a global reserve currency, is a difficult task which many central banks around the world have failed to do in the past in times of crisis.

The National Banking and Securities Commission (CNBV), the central bank, and the finance ministry will soon begin drafting «secondary laws, which will determine key details for companies in the sector.»