Sentences with phrase «stable currencies in»

On the economy, he asserted that «the currency is one of the most stable currencies in the whole of Africa.
A fully - allocated gold token would represent one of the most stable currencies in the world.
You can hold a more stable currency in your Abra wallet and still make payments to any bitcoin address.
As such, Bitcoin traders have been betting on the cryptocurrency market believing it can provide the most stable currency in the future, precisely because it is not tied to any individual country and thus is not affected by socio - political events.
The Ghana Cedi is the most stable currency in West Africa sub-region (barring Francophone).

Not exact matches

In the late 2000s, it suffered from such mind - boggling hyperinflation — at its height in 2008, a can of Coca - Cola that cost ZIM$ 50 billion in the morning would cost ZIM$ 150 billion at the close of business on the same day — that it abandoned its own currency in 2009 in favor of currency from other, more stable countrieIn the late 2000s, it suffered from such mind - boggling hyperinflation — at its height in 2008, a can of Coca - Cola that cost ZIM$ 50 billion in the morning would cost ZIM$ 150 billion at the close of business on the same day — that it abandoned its own currency in 2009 in favor of currency from other, more stable countriein 2008, a can of Coca - Cola that cost ZIM$ 50 billion in the morning would cost ZIM$ 150 billion at the close of business on the same day — that it abandoned its own currency in 2009 in favor of currency from other, more stable countriein the morning would cost ZIM$ 150 billion at the close of business on the same day — that it abandoned its own currency in 2009 in favor of currency from other, more stable countriein 2009 in favor of currency from other, more stable countriein favor of currency from other, more stable countries.
Even in the U.S., where the wish for a stable currency is strong, the dollar has fallen a staggering 86 % in value since 1965, when I took over management of Berkshire.
We also hold large positions in Davis + Henderson Income Fund and CML Healthcare Income Fund, both of which offer stable businesses with no material foreign currency exposure.
While Zimbabwe once had its own currency, it began using a mix of currencies from stable economies including the U.S. dollar in 2009 after hyperinflation made its own note nearly worthless.
In order for bitcoin to be a real currency, Adeney claims, it must be three things: easy and frictionless for trading between people, widely accepted as a legal tender for all debts (both public and private) and stable in terms of valuIn order for bitcoin to be a real currency, Adeney claims, it must be three things: easy and frictionless for trading between people, widely accepted as a legal tender for all debts (both public and private) and stable in terms of valuin terms of value.
Fluctuations in the exchange rates between the U.S. dollar and those other currencies could result in the dollar equivalent of such expenses being higher and / or the dollar equivalent of such foreign - denominated revenue being lower than would be the case if exchange rates were stable.
«Some investors told me I was crazy,» Trinh, the senior currency strategist at Royal Bank of Canada in Hong Kong who predicted a yuan retreat in June, when most of her peers were forecasting a stable or stronger exchange rate.
International investments, particularly investments in emerging markets, may carry risks associated with potentially less stable economies or governments (such as the risk of seizure by a foreign government, the imposition of currency or other restrictions, or high levels of inflation or deflation), and may be or become illiquid.
For example, in the event that one or more European countries were to replace the euro with another currency, our sales into such countries, or into Europe generally, would likely be adversely affected until stable exchange rates are established.
Unfortunately, the currency's value hasn't proven stable in practice.
The Bitcoin protocol offers robust anonymity, and the protocol guarantees that there will never be more than 21 million Bitcoins in existence, which supporters have argued would give the currency a stable value.
Bitshares, a similar company, also allows for token creation but all trading takes place through their currency (BTS), meaning you are stranded if BTS plummets in cost; this is unlikely though, since they strive to provide price stable cryptocurrencies.
From July 2016 to the end of second - quarter 2017, more than 80 percent of the companies listed in the S&P 500 declared dividends, as stable oil prices, low wage growth and a weaker US currency have all added to the overall corporate profits.
Current account deficits of many Asian countries are also in surplus and currencies are broadly stable, providing a solid buffer against increases in US rates.
In contrast, abstracting from the increased circulation of cash around the end of last year, annual growth in currency has been relatively stable at around 7 — 8 per cent for a number of yearIn contrast, abstracting from the increased circulation of cash around the end of last year, annual growth in currency has been relatively stable at around 7 — 8 per cent for a number of yearin currency has been relatively stable at around 7 — 8 per cent for a number of years.
In simple terms, a «hard currency» is a form of payment for goods and services that is expected to remain relatively stable.
Despite the difficulties endured during the era of post-Lehman austerity, commercial and private - sector debt levels are low: Nonperforming loans are below 5 % and the banking system, unlike those of Poland or Hungary, did not have to tackle the fallout from high levels of foreign currency loans, because low interest rates and a stable Czech koruna meant these weren't taken up in large quantities.
Capital Economics expects the PBOC to keep the renminbi broadly stable against its new, 13 - currency basket in the months ahead.
The strong rise in the currency in the first six months of the year had been driven by investors chasing yields in the more stable economies, in what was a deteriorating climate for the world economy and share markets.
Once we clear this hurdle the BTC exchange rate to the US Dollar might be less relevant as merchants would then fix prices in a more stable currency.
He explained that the most important attribute of currency is trust and that, despite inflation, people trust fiat money issued in a stable economy, like the United States dollar.
In this environment the Australian dollar has appreciated strongly against the US dollar and against currencies of the non-Japan Asian region over the past year, though it has been relatively stable against other major floating currencies.
Despite the continued weakness in commodity markets, the further decline in the Australian dollar against the major international currencies has meant that, in domestic - currency terms, commodity prices have remained roughly stable in recent months.
The US dollar has traded in a relatively stable range against the major currencies over the past six months, following the broad - based depreciation that began in early 2002 (Graph 20).
Vendors can sell their wares to a worldwide audience and be paid in Bitcoin, which, despite its recent volatility, is far more stable than many of the continent's sovereign fiat currencies.
Cryptocurrency deposits could be potentially worth many times more than initially deposited, however if you prefer the stability of a fiat currency and still want to benefit from the blockchain technology, RxEAL has you covered with the smart deposits in rapidly growing ETH or stable Dai by Maker.
«To the extent that exports guarantee foreign exchange and a stable currency, the greatest aspiration any of us could hope for is an investment in the vision of Ghana becoming an export - oriented economy, driven by industry,» he added.
With reference to the 80 percent tariff increments in the last six months, Nana Akomea said the action becomes valueless if the currency is not stable.
Section of Ghanaians are beginning to question government's assurance to address these age long challenges in the short to medium term after the cedi, which was relatively stable against major currencies the whole of last year; has depreciated by 6 percent in the last two months with dumsor also rearing its ugly head.
Mr Martey said among the primary objectives of the central bank was to ensure price stability in the form of low inflation and a stable currency, while the secondary objective was to support the growth and development of the economy.
The 2017 budget was to ensure confidence in the economy — Ken Ofori - Atta 10:52 The cedi remains relatively stable against he major currencies — Ken Ofori - Atta 10:51 Interest rate in 2017 continue to decline — Ken Ofori - Atta 10:50 Inflation continue to decline in 2017 — Ken Ofori - Atta 10:48 We have returned to a robust growth after 2016 recorded the worst growth in three decades — Ken Ofori - Atta 10:47 The call to relieve our country and people from a wretched existence is urgent — Ken Ofori - Atta 10:45 The should not simply be a statement to share the national cake between different groups but it should capture how a nation comes together to meet the challenges of our time — Ken Ofori - Atta 10:45 We plan on providing opportunities as many Ghanaians as possible.
«The Cedi is one of the best performing currency's in Africa this year in terms of stability and Moody's have come out to upgrade Ghana's economy and moved us from B - negative to B - stable and yet somebody who calls himself and economist can lie that Moody's has not upgraded Ghana,» the President added as he questioned Dr. Bawumia's economic credentials.
«Without any major upset (especially with respect to fiscal slippages), we expect this decision, combined with the recent amendments to the surrender and repatriation of export receipts announcement by the Bank of Ghana, Eurobond issuance and cocoa loan syndication, to keep the currency market and inflation relatively stable in Q4 - 2016,» the report said.
«The Cedi is one of the best performing currency's in Africa this year in terms of stability and Moody's have come out to upgrade Ghana's economy and moved us from B - negative to B - stable and yet somebody who calls himself and economist can lie that Moody's has not upgraded Ghana.»
Say you are an export - oriented company, selling products abroad and receiving income in some (nominally stable) basket of currencies.
Imagine we have accounts in currency A, B and C. Currency A is stable, but the bank pays a very low interecurrency A, B and C. Currency A is stable, but the bank pays a very low intereCurrency A is stable, but the bank pays a very low interest rate.
Some companies, banks, governments, and other sovereign entities may decide to issue bonds in foreign currencies as it may appear to be more stable and predictable than their domestic currency.
I don't really care about turning profit on my savings, but I know better than leaving them on plain account in my country's native currency on percentage keeping up with current inflation - Hyperinflation has swallowed my long - term savings account once already, and the situation isn't really stable.
The positive trend in the company's financials was mainly the result of favorable currency movements, cost - reduction efforts, and stable sales volume.
Governments are not omnipotent in regulating economies; indeed, their track record is pretty dim, as is the record of fiat currencies as providing a stable unit of account.
For example, you may be long in a particular currency that is stable in a ranging market.
Hard currency is a type of currency also called strong currency that has a stable exchange rate with respect to other currencies, which are freely converted into another currency and are widely used in the international transactions in the capacity of standard of deferred payments.
First, it's denominated in Argentinean Peso (4.2620 ARS per USD), a fairly stable... but potentially very unstable currency, second, it wildly understates many assets which are carried at cost, and third, it consolidates listed entities (IRSA (IRSA: AR), and also BrasilAgro (AGRO3: BZ) going forward) in which Cresud has a controlling and / or majority stake.
Remember that slow or flat growth in a stable currency is the same as higher returns in a declining currency.
International investments, particularly investments in emerging markets, may carry risks associated with potentially less stable economies or governments (such as the risk of seizure by a foreign government, the imposition of currency or other restrictions, or high levels of inflation or deflation), and may be or become illiquid.
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