Sentences with phrase «reserves by making purchases»

The RBA continued to rebuild its foreign currency reserves by making purchases over the past few months which more than covered the Government's requirements.

Not exact matches

Because banks held few excess reserves, it took only modest adjustments to the size of the Fed's balance sheet, achieved by means of open - market purchases or sales of short - term Treasury securities, to make credit more or less scarce, and thereby achieve the Fed's immediate policy objectives.

The central bank will require reserves to be set aside for purchases of all currency derivatives from October, according to a document seen by Reuters, making it more expensive to bet on further depreciation of the yuan.

Michaels Stores, Inc. reserves the right to make Michaels Rewards benefits and promotional offers available to select Michaels Rewards members based on purchase activity, geographic location, program participation or information supplied by the member.