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Currency in sentence

4390 examples of Currency in a sentence

Toward a Rust Belt PowerhouseLONDON – A few days ago, US President-elect Donald Trump took to Twitter – his medium of choice – to declare that he did not need China’s permission to contact Taiwan, because China didn’t ask for permission to devalue its currency.
After all, any reasonable observer of China – including some of Trump’s own advisers, with whom I have worked in the past – knows that the country has not devalued its currency for some time.
Meanwhile, citizens wonder why they share this currency, whether it makes sense, and if agreement can be reached on its future.
A truly European currency built on German principles appeared to be the best way forward.
What really matters is whether a common European currency still makes sense for the future.
This is partly because national governments, rather than building on currency unification to turn the eurozone into an economic powerhouse, tried to hang onto their remaining power.
Second, it was hoped that the euro would become a major international currency (particularly given how few countries are equipped with the necessary legal, market, and policy institutions).
Either the eurozone’s members find agreement on an agenda of governance and political reforms that will turn the currency union into an engine of prosperity, or they will stumble repeatedly from dispute to crisis, until citizens lose patience or markets lose trust.
But it has gained currency as a tenet of Keynesian economics.
The upshot of the BRICS meeting was the announcement of the New Development Bank, which will mobilize resources for infrastructure and sustainable development projects, and a Contingent Reserve Arrangement to provide liquidity through currency swaps.
Dissatisfaction with the dollar’s role as the dominant global reserve currency is not new.
According to the Belgian economist Robert Triffin, an international monetary system based on a national currency is inherently unstable, owing to the resulting tensions among the inevitably divergent interests of the issuing country and the international system as a whole.
The solution, however, lies not in replacing the dollar with the renminbi, but in strengthening the role of the world’s only truly global currency: the IMF’s Special Drawing Rights.
To address developing countries’ high currency demands, while enhancing their role in the creation of international money, a formula could be created to give them a larger share in SDR allocations than they now receive.
Just as the Bretton Woods framework restored order to the global economy after WWII, a new monetary framework, underpinned by a truly international currency, could strengthen much-needed economic and financial stability.
On the surface, the matter at hand was the financial stabilization of Greece and of the Europe’s common currency, but the real title of the play was “Saving the Banks, Part II.”
The liquidity injections of quantitative easing (QE) have shifted monetary-policy transmission channels away from interest rates to asset and currency markets.
What central banks cannot achieve with traditional tools can now be accomplished through the circuitous channels of wealth effects in asset markets or with the competitive edge gained from currency depreciation.
Not only have wealth and currency effects failed to spur meaningful recovery in post-crisis economies; they have also spawned new destabilizing imbalances that threaten to keep the global economy trapped in a continuous series of crises.
As the baton of excessive liquidity injections is passed from one central bank to another, the dangers of global asset bubbles and competitive currency devaluations intensify.
In France, Marine Le Pen, the nationalist right’s candidate in the upcoming presidential election, explicitly appeals to the era when the French government controlled the borders, protected industry, and managed the currency.
Romney has promised tougher negotiations on trade and currency with China, but is generally far more likely to push new trade agreements than the labor-supported Obama administration.
What, exactly, this will do to business confidence and currency markets is anybody’s guess, but it won’t be pretty.
Unlike the United States, we did not have the benefit of issuing the world’s major reserve currency.
Last month, German Chancellor Angela Merkel declared that, if the euro fails, “then not only the currency fails….Europe will fail, and with it the idea of European unity.”
But recent events at the European Central Bank, in Germany, and in global financial markets, make it worthwhile to consider a favorable scenario for the common currency’s future.
As the major central banks talk up monetary-policy normalization, the threats of capital flight and currency depreciation are keeping these countries’ policymakers up at night.
Rigid, top-down uniformity is essential in the specification of weights and measures and the issuance of currency and coin.
Much of the euro’s design reflects the neoliberal economic doctrines that prevailed when the single currency was conceived.
More from "Zone Defense"Much of the euro’s design reflects the neoliberal economic doctrines that prevailed when the single currency was conceived.
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