Sentences with phrase «used as a reserve currency»

SDR's were started in 1969 and are already used for international transactions would be backed by gold in the Sino - Soviet plan and used as a reserve currency.

Not exact matches

But the company will benefit from the fund's decision to use XRP, in part because it controls large reserves of the currency (which may get a price boost from Arrington's announcement) and because the move may burnish Ripple's reputation as a money transfer platform.

I have used a fall in exports to show how constrained Beijing's policy choices are, but I could just have easily done the same using as an example any change in the currency regime, the reform of the hukou system, the de-industrialization of the bankrupt northeast provinces, the development of the OBOR and Silk Road projects, changes in interest rates or minimum reserves, protecting the stock market from crashing, the provincial bond swaps, changes in the tax regime, improving energy and environmental policies, and so on.

The first action that they consider is using coconuts as their form of currency — an idea that is quickly overshadowed by the notion of using seashells to represent the coconuts (clearly a jab at the idea of a federal reserve).

The Japanese yen (JPY) is widely used reserve currency, although not quite as popular as the USD, EUR and GBP.

Stop use of the dollar as a reserve currency.

But if that's really a problem, then end use of the US dollar as a reserve currency.

A different issue would be if the rest of the world decided somehow to stop using the US$ as one of the common currencies for trade and foreign reserves.

The main question here is the demise of «Bretton Woods II» where the rest of the world uses the US Dollar as the main reserve currency, while the US continues to debase the dollar through the issuance of more dollar claims.

As the world's main reserve currency, US dollars account for most governments» foreign exchange reserves and are used to set international market prices for oil, gold and other currencies.

In his comments at the Women's Economic Roundtable the other day, Paul Volcker mentioned an alternative exchange rate system he was working on twenty - five years ago, having to do with, as I understood it, using reserves that grow too big to trigger currency revaluations.

As you complete levels and amass star ratings and coins, you can use this currency to purchase more reserves of the upgraded weapons, making high scores and defending the stargate a lot easier.

There is a reason even the communist Chinese are talking about not using the Dollar as a reserve currency any more.

Gold, on the other hand, is usually used as a reserve against a potentially flagging U.S. dollar or other widely - traded currencies.

The exchange plans not to offer fiat gateways, but is the idea to get XEM to be used as a more liquid judge of value, like BTC and ETH act as sort of reserve currencies for the crypto - sphere?

The US Dollar as reserve currency is used to make trade easier between countries that want the medium of trade between nations to be stable.