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Currency in sentence

4390 examples of Currency in a sentence

At the “micro” level, the transaction costs and uncertainties imposed on all businesses by the daily exchange of one currency for another are supposed to decrease, delivering large gains in efficiency as a result.
Most economists point out that Europe is not an optimal currency area.
If, for example, one region or country in a future European currency area is badly affected by, say, a relative fall in the prices of their exports, and workers refuse to either move to where there are jobs, or adjust their salaries (downward) to the new situation, a rise in unemployment is unavoidable.
The same factors that made Europe a sub-optimal currency area have also led to a steep erosion in European competitiveness over the past decades.
With “one market” and “one currency” prices cannot differ too much between EU member states.
Thus, with a single currency we will see lower prices on goods as well as services throughout Europe.
On the other hand, one can always hope that the institutional changes, made necessary by the single currency project, will make Europe more capable of handling these structural changes.
In conclusion, I am quite pessimistic as to the chances that EMU, if the common currency starts as planned on January 1, 1999, will fly for long.
The world lurches towards a currency war, or even towards trade protectionism, threatening to destroy jobs and growth.
This was highlighted by the surge in many countries’ housing prices in the run-up to the 2008 financial crisis, the steep decline in asset and commodity prices immediately after Lehman Brothers collapsed, the return to asset-price inflation since then, and recent large currency fluctuations.
Likewise, post-deflation Japan could promise never again to resort to massive intervention to stop its currency from appreciating.
First, despite the birth of the euro and talk of the Chinese renminbi’s ascendancy, the dollar remains the currency of choice for borrowing and lending around the world.
The traditional Fed response, expressed eloquently by former Fed Chairman Ben Bernanke at the 2015 IMF Research Conference, is simple: Float your currency.
In the early 1990’s, Norway, Sweden, and Finland experienced a horrendous real-estate, banking, and currency crisis.
The decline in the dollar’s exchange rate seems to have gathered momentum, in part because the person who has his signature on US currency, Treasury Secretary Steve Mnuchin, seems unperturbed by its weakness.
Thus, the ECB’s monetary policy will take on an increasingly beggar-thy-neighbor cast, leading to trade and currency tensions with the United States and other trade partners.
The answer to that question not only has important consequences for American monetary policy, but also suggests a few reflections on today's economic conditions in Europe as well as Europe's new single currency.
On August 15, 1971, President Richard M. Nixon ended the commitment of the United States to a fixed gold price, and since then the world has lived with currency volatility and instability.
Iran’s currency, the rial, has fallen roughly 40% in recent weeks, sharply increasing Iran’s inflation rate and what Iranians must pay for imports and many staples.
The Right Question About Inequality and GrowthCAMBRIDGE – The belief that inequality hurts economic growth is gaining currency among policymakers.
Likewise, outside the eurozone, Sweden’s clear inflation target makes its currency attractive.
Cliché was the common currency of all Communist dictatorships, but they had the opposite effect to what the regime intended, for they cast an aura of forbidden fruit around the slandered New World metropolis, making it seem a glowing Olympus of modernity, an urban Everest of adventure.
But there have been more recent occurrences of nasty currency wars.
The General and his monetary guru, Jacques Rueff, argued that the US used the dollar's status as the major reserve currency of the Bretton Woods fixed exchange-rate regime in order to run deficits and pay for its overseas military adventurism (at that time in Vietnam).
Indeed, Europe will be the major sufferer in the new currency clashes.
Having a single currency has turned out not to afford substantial protection.
But a moment's reflection should remind us that Europe's problems are not amenable to currency manipulation.
Already, Trump has raised doubts about his commitment to the “one China” policy – including by accepting a congratulatory phone call from Taiwan’s president after the election – and threatened to impose high tariffs on China, which he has accused (wrongly) of devaluing its currency to gain an unfair trade advantage.
The trouble began a dozen years ago, when Argentina had no choice but to devalue its currency and default on its debt.
But what makes Russia’s actions all the more dangerous is Sweden’s own missteps, which have caused false stories to gain currency.
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