Dollar
in sentence
3262 examples of Dollar in a sentence
In the DRC, 77% of the population is extremely poor and falls a
dollar
short of the poverty line, on average.
In other words, each
dollar
spent reducing chronic undernutrition – even in very poor countries – would create returns to society worth $30.
In monetary terms, each
dollar
spent would accrue benefits to Haitian society worth $24.
Yes, the Chinese renminbi has declined recently against the dollar, but not as much as the Japanese yen, the euro, or the British pound – and those declines have been driven by relative confidence in the US economy.
In any case, the Chinese have a trade-weighted exchange-rate policy, not one based on keeping the renminbi at some targeted level relative to the
dollar.
With international use of the euro behind only the US dollar, this achievement can help Europe to continue shaping the global economic order, rather than sliding into irrelevance.
A reluctance of foreign investors to keep accumulating
dollar
assets will cause a smaller capital inflow from the rest of the world.
The effect of a decline in the
dollar
over the coming decade could be equally important.
If the real trade-weighted value of the
dollar
falls by 25% over the coming decade, and the full effect of that
dollar
decline is reflected in import prices, the increased cost of imports would reduce the growth of US real incomes by about 0.4% a year.
If there is one universally desired “good” in which the US specializes, it is the
dollar.
Rethinking the role of the US
dollar
in the international monetary system is a case in point.
One key feature of the Bretton Woods system was that countries would tie their exchange rates to the US
dollar.
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.
Moreover, if the Chinese government and Chinese firms want to continue investing in overseas oil resources and in foreign businesses, China will have to sell
dollar
bonds or other sovereign debt from its portfolio.
As a result, an even weaker
dollar
is a strong possibility, which will further undermine the European and Japanese economies.
And this is not a zero sum situation, with America’s gains equal to Europe’s losses: the uncertainty is bad for investment on both sides of the Atlantic, and if lack of confidence in the
dollar
leads to a shift out of American bonds and stocks, the American economy could be weakened further.
If the euro falls by 20-25%, bringing it close to parity with the
dollar
and weakening it to a similar extent against other currencies, the current-account deficits in Italy, Spain, and France would shrink and their economies would strengthen.
Euro for euro,
dollar
for dollar, yen for yen: energy and carbon taxes have a lower negative impact on a nation’s economy, consumption, and jobs than income tax and VAT.
It amounts to claiming that the factors of production will always be fully employed, and that, in Cochrane’s words, “if the government borrows a
dollar
from you, that is a
dollar
that you do not spend, or that you do not lend to a company to spend on new investment.”
Every
dollar
spent would generate returns to Haiti worth $17.
This would cost just $36 million over five years, yielding benefits worth $13 for every
dollar
spent.
At a cost of $23.5 million per year, this intervention would cut maternal deaths by 65% and save more than 5,000 children, with every
dollar
spend producing $18 in social benefits.
Each
dollar
spent would generate $22 of social benefits.
And the US
dollar
reserve-currency system – the backbone of the current global financial system – is fraying.
If internal devaluation were a good substitute, the gold standard would not have been a problem in the Great Depression, and Argentina could have managed to keep the peso’s peg to the
dollar
when its debt crisis erupted a decade ago.
Argentina did so in 2001, when it “pesofied” its
dollar
debts.
The United States did something similar in 1933, when it depreciated the
dollar
by 69% and abandoned the gold standard.
Cuba has one of the world’s longest-lasting dual-exchange-rate systems: the dollar’s market value is 25 times the official rate of nominal parity (one peso equals one dollar).
This means that those hotel or restaurant workers who can retain
dollar
earnings have incomes that are 25 times higher than those who cannot.
The devaluation advanced China’s strategic goal of turning the renminbi into an international reserve currency – and, in the long term, into a credible global challenger to the US
dollar.
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