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Denominated in sentence

112 examples of Denominated in a sentence

Because SDRs are denominated in several national currencies, no single currency would enjoy an unfair advantage.
Trade deficits do swell, but they cost Venice nothing, because they are denominated in Venice’s own currency, in exchange for which other countries freely provide goods.
It is highly unlikely that BRICS bank transactions will be denominated in US dollars.
Creating a common central bank without a common treasury means that government debts are denominated in a currency that no single member country controls, making them subject to the risk of default.
Here, the Argentine story suggests, the mechanism loops back to the banks: firms soon start complaining that their income is now denominated in neo-drachmas while their loans remain in euros.
There may yet be a soft landing, whether slow or fast: during the last major dollar cycle, between 1985 and 1987, the dollar fell by 40% without ever causing panic, major bankruptcies, or a demand by investors for a substantial dollar risk premium to compensate them for holding assets denominated in a declining currency.
Five reforms were particularly effective: more flexible exchange rates, larger foreign-currency holdings, less pro-cyclical fiscal policy, stronger current accounts, and less debt denominated in dollars or other foreign currencies.
This resulted in a “currency mismatch” between dollar liabilities and revenues that were often denominated in local currencies.
Instead, they took the inflows in the form of direct investment, equity, or debt denominated in local currency.
Countries like Colombia, Mexico, and South Africa have managed to issue international debt in their own currencies, partly overcoming the burden of what some economists had called “original sin” – that is, an environment in which most countries must issue debt denominated in, say, dollars.
Like Mexico, East Asia, and Argentina, America's international debts are largely denominated in US dollars.
The Rise of the “Petroyuan”SYDNEY/ITHACA – It is now just ten months since China launched its oil futures contract, denominated in yuan (renminbi), on the Shanghai International Energy Exchange.
And the currency conversion would not save the country one cent with regard to its external debt, which would, of course, remain denominated in euros.
Given that their debt is denominated in euros, this would enable them to avoid a default that would destabilize the global financial system.
Indeed, Argentina’s economy would be better off today if Argentina had borrowed in terms linked to its GDP decades ago rather than at an interest rate denominated in dollars.
To be sure, investors would have then lost on their bet on Argentina’s growth, but they would still have been protected against inflation, even if their bonds had not been denominated in dollars (because Argentina’s nominal GDP would have moved up with inflation).
Well, as the Nobel laureate economist Paul Krugman was at pains to demonstrate in a recent paper, an economy with flexible exchange rates and debt denominated in domestic currency will expand, not contract, in response to a foreign deleveraging shock.
In the post crisis period, ultra-low interest rates in developed economies spurred capital flows into higher-yielding emerging-market assets denominated in the local currency.
Bank deposits, along with most other private and public debts, were denominated in that national currency.
China’s $3.2 Trillion HeadacheBEIJING – While the downgrade of United States government debt by Standard & Poor’s shocked global financial markets, China has more reason to worry than most: the bulk of its $3.2 trillion in official foreign reserves – more than 60% – is denominated in dollars, including $1.1 trillion in US Treasury bonds.
Once banks offer new assets denominated in renminbi, more customers will be drawn into the market, thereby adding liquidity and reducing transaction costs for purchases of renminbi in European currencies.
If a crash occurs and those countries leave the euro, their national central banks are likely to go bankrupt because much of their debt is denominated in euro, whereas their claims against the respective states and the banks will be converted to the new depreciating currency.
Indeed, certain types of capital-flow management – including limiting domestic debt denominated in foreign currency for both firms and households – have been shown to increase resilience.
Instead, the question to ask is whether the reserves can comfortably service the public and private sectors’ debt denominated in foreign currencies.
Second, China’s foreign assets are denominated almost exclusively in US dollars, while its foreign liabilities are denominated mostly in renminbi.
Simply put, they live in a world where a large fraction of international debt – and an even larger share of global trade – is still denominated in hard currency.
The yen’s rising value raises the yield on Japanese bonds relative to the yield on bonds denominated in other currencies.
Indeed, Basel III treats all OECD government bonds in the same way, regardless of whether they are denominated in the issuing country’s own currency.
Is Italian euro debt denominated in local or foreign currency?
There is certainly no evidence to support Krugman’s repeated assertion that a country in the UK’s situation – with its own currency and with debt denominated in that currency – could borrow without constraint in the aftermath of a major banking crisis.
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