Sentences with phrase «stable exchange rate»

Countries, Mundell observed, can not simultaneously enjoy the advantages of free capital movements, a stable exchange rate and an independent monetary policy.

But as they do so, they will have to weigh the merits of lower taxes against the competitive advantage that can be had from sound finances (lower interest rates, stable exchange rate) and a spending regime that addresses income inequality and encourages productivity.

He said: «The goal of the plan is to have an economy with low inflation, stable exchange rate and a diversified inclusive and sustaining growth.

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.

Moreover, it will also maintain a stable exchange rate with the Japanese Yen.

Mincoin (MNC) is enjoying a stable exchange rate in the market.

Thanks to its stable exchange rate, MinexCoin is a reliable means of payment, while controllable growth of coin price makes it an attractive means of value storage.

Risk management can act as a mitigant, but if the central asset in a payment system can not be predictably redeemed for the U.S. dollar at a stable exchange rate in times of adversity, the resulting price risk and potential liquidity and credit risk pose a large challenge for the system.»