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Currencies in sentence

1239 examples of Currencies in a sentence

First, because they issue the world’s main reserve currencies, the advanced economies get to exchange bits of paper that they printed for goods and services produced by others.
Countries that have outstanding debt in dollars or other foreign currencies are especially vulnerable.
But several years of ultra-loose monetary policy in the advanced countries has led to significant liquidity spillover abroad, putting excessive upward pressure on higher-yielding developing countries’ currencies.
Some current euro members – Greece (and perhaps others) – would revert to national currencies.
Moreover, the dollar’s appreciation relative to other currencies has reduced import costs, putting competitive pressure on domestic firms to reduce prices.
For example, Japanese economists argue that the Plaza Agreement, which called for “orderly appreciation” of non-dollar currencies against the dollar, was a natural outgrowth of high national income.
On the other hand, the dollar could succumb to a long, slow bleeding out, as America’s financial rivals try to make their own currencies more attractive and accessible.
As more currencies become competitive, the dollar’s unique advantages will erode, as will America’s privileged position.
Because advanced economies’ unconventional monetary policies have also depreciated their currencies and stimulated their exports, the risk of competitive devaluations is now a real concern.
If, say, the BOJ moved to intervene outright in the exchange-rate markets to depreciate the yen, the odds that the People’s Bank of China and the Bank of Korea would opt for weaker currencies would increase.
SDRs are a kind of global money, issued by the IMF, which countries agree to accept and exchange for dollars or other hard currencies.
Countries that receive more than they must put into reserves could exchange the new money for conventional currencies.
A country with reserves of the new global money could exchange it for hard currencies to sustain needed food imports or other goods.
But if most advanced countries were to recognize this new form of global money, they could put pressure on holdouts by limiting their holdings of non-participant currencies and treasury bills in their reserves.
The central banks of South Korea, Brazil, Taiwan, Japan, Switzerland, and many other countries are now buying dollars in order to protect their own currencies against revaluation and thus to defend their exports.
Because the dollar prices of most of these countries’ imports are not very responsive to exchange-rate movements, the pass-through of those movements into import prices denominated in their home currencies is close to 100%.
Lame Ducks in LoveFLORENCE – Fears about sovereign debt and doubts about the euro rescue package have pushed the question of international reserve currencies to the fore.
The shares of the major reserve currencies were stable, with the dollar accounting for 62% of foreign-exchange reserves in 2009 and the euro 27%.
The yen and the Deutschemark emerged as new potential reserve currencies, although the Japanese and German governments and central banks were profoundly worried about this new role for their currencies and the volatility that it might entail.
Even more extraordinarily, when these new currencies emerged as the new claimants to reserve status, they had only recently become convertible for current-account transactions, and capital flows were still restricted.
The buildup of assets associated with external surpluses, together with continuing export strength, looked like a guarantee of their currencies.
But, as a big country, China would not have the vulnerabilities of smaller strong currencies (the Norwegian krone or the Swiss franc, for example).
For years, the authorities tended to support the renminbi, as they pursued renminbi internationalization – an effort that culminated in the International Monetary Fund’s recent decision to add the renminbi to the basket of currencies that compose its reserve asset, so-called Special Drawing Rights.
Trump’s Currency Confusion ContinuesCAMBRIDGE – Next month, the US Department of the Treasury is due to submit to Congress its biannual report detailing which countries, if any, are manipulating their currencies to gain an unfair trade advantage.
But that is because the dollar itself has appreciated by 7% on a broad average basis against its trading partners’ currencies.
But the fact that several Asian and emerging-market countries are resisting this decline by buying dollars is putting inordinate pressures on the more flexible currencies, such as the euro and the Canadian dollar, which are trading at record levels.
The IMF’s leadership tried to broker a deal over currencies at its April meeting, but without tangible results.
In principle, such a depreciation against all of the world’s currencies is manageable.
For currencies, as for countries, founding myths matter.
The private use of SDRs could also be encouraged, though that would likely be met with strong opposition from countries currently issuing international reserve currencies, especially the US.
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