Sentences with phrase «official reserves»

For the 2009 season, Hartley was appointed as official reserve driver for both the Red Bull Racing and Scuderia Toro Rosso teams.
Viewed through this lens, it becomes apparent that the dramatic rise in the level of official reserves in much of the emerging world is not simply the consequence of a desire for a greater financial cushion against external vulnerability.
The Washington, D.C. - based global finance industry group said that China's official reserve intervention in January was smaller than the $ 102 billion estimated for December.
The IIF said the estimates, which include unrecorded flows captured by net errors and omissions, are based on official reserve data and mark a 22nd straight month of outflows from China.
In the context of continuing trade surpluses, strong capital inflows and sharply rising official reserves (Graph C2), there have been calls from time to time from various commentators for China to free up its exchange rate, with the implication that it should appreciate.
Be aware of your pet's athletic abilities: event officials reserve the right to stop a walker whose pet appears over exerted.
It's clearly a great PR opportunity, as opposed to a serious call - up, but Sir Richard Branson will be DS Virgin's official reserve driver for the New York ePrix.
Official reserves of Asian countries (excluding Japan) rose by around US$ 50 billion over February and March.
Central banks hold gold as part of their official reserves and also serve monetary purposes, typically having much longer time horizons.
Central banks hold gold as part of their official reserves and also serve monetary purposes, typically having much longer.
Official reserves of Asian countries (excluding Japan) rose by a further US$ 40 billion during November and December, to a total of US$ 1,200 billion.
He wrapped up the European Formula 3 championship in his rookie season a few weeks ago and was recently named as McLaren's official reserve driver for 2018.
Although Sauber don't actually have an official reserve driver they apparently have «an arrangement with Ferrari» which means that Giovinazzi can effectively drive for them if they need him to.
He was rewarded with an F1 test for Renault, but ended up signing for BMW Sauber to be the team's official reserve and test driver for 2006.
Antonio Giovinazzi says he has no idea what new development driver Daniil Kvyat will be doing at Ferrari as he will continue on as the team's official reserve driver.
The New Zealander had his first taste of Formula 1 action as an 18 - year - old in 2008 when tested for Red Bull and the following year he was named the official reserve driver for the Milton Keynes team as well as Toro Rosso.
This season Norris will race in Formula 2 along with his duties as McLaren's official reserve driver.
As such Norris, who will race in F2 while also filling his duties as McLaren's official reserve driver, needs to get used to Halo — and fast.
Nonetheless, SDR allocations can play a role in providing liquidity and supplementing member countries» official reserves, as was the case with the 2009 allocations totaling SDR 182.6 billion to IMF members amid the global financial crisis.
Your estimate of ultimate recoverable production ends up being about half of the official reserve figures.
For this reason, Saga is backed by a variable fractional reserve that is anchored to the IMF's SDR — an international reserve asset, created by the IMF in 1969 to supplement its member countries» official reserves.
Dubbed Saga or SGA, the coin will be backed by a «variable fractional reserve» pegged to the International Monetary Fund's special drawing rights (SDR)-- an international reserve asset created in 1969 to supplement member countries» official reserves for the purpose of expanding global trade.
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