Dollar
in sentence
3262 examples of Dollar in a sentence
Thai import-export firms can bet on a run on the baht by accelerating their
dollar
receipts and delaying their
dollar
payouts.
But not the
dollar.
In other words, the market is betting that the
dollar
will fall gradually in the next five years, and that the US current-account deficit will narrow without a financial crisis.
Indeed, the Copenhagen Consensus experts discovered that for every
dollar
invested in Kyoto-style battling climate change, we could do up to 120 times more good with in numerous other areas.
Oil, food, and gold prices have jumped to historic highs, and the
dollar
has depreciated to historic lows.
The Slovak koruna was initially kept within pre-defined fluctuation bands around target parities with the Deutsche Mark and the US dollar, before moving to a fully floating exchange rate in 1998.
Pegging their currencies to the US
dollar
has aggravated this pro-cyclical pattern.
Instead, the GCC countries should peg their currencies to a basket comprising the dollar, the euro, the yen, and the renminbi.
In March 2009 – less than two years after the issue – Congolese bonds were trading for 20 cents on the dollar, pushing the yield to a record high.
With slowing world economic growth, US financing needs could cause a drop in investors’ confidence in the future of US-based assets, precipitating a sharp
dollar
depreciation.
But an internationally agreed set of policies could help reduce the risk of weaker growth in the major economies, maintain confidence in the stability of international financial markets, and avoid a hard landing for the
dollar.
This is not just a matter of revaluing the Chinese currency, as argued by some US policymakers, but requires gradual adjustment of most major currencies against the
dollar
in conjunction with concerted fiscal and monetary policy adjustments in the rest of the world.
Such a new platform should also be used to work towards structural reform of the international monetary system aimed at reducing its excessive reliance on the US
dollar
as a reserve currency.
The mere possibility of an imminent hard landing for the
dollar
– and with it, for the US and world economy – should be alarming enough to mobilize concerted action.
QE helped American exports by weakening the
dollar
relative to other currencies.
Only US exports have maintained some traction, thanks to the weaker
dollar.
In the first round of cash infusions, they got about $0.67 in assets for every
dollar
they gave (though the assets were almost surely overvalued, and quickly fell in value).
But in the recent cash infusions, it is estimated that Americans are getting $0.25, or less, for every
dollar.
The Renminbi Goes ForthBEIJING – In June, the Peoples’ Bank of China (PBC), China’s central bank, announced an end to the renminbi’s 23-month-old peg to the
dollar
and a return to the pre-crisis exchange-rate regime adopted in July 2005.
So far, however, the RMB’s appreciation against the
dollar
has been slow.
But, despite ending the
dollar
peg, faster appreciation of the RMB seems unlikely for the foreseeable future.
The current exchange-rate regime, which links the RMB to a basket of currencies, was designed to give the PBC leeway to control the pace of RMB appreciation, while creating two-way fluctuations in the exchange rate against the US
dollar
in order to discourage speculators from making one-way bets on the RMB.
The RMB appreciated by 18.6% in real effective terms, and by 16% in
dollar
terms, from June 2005 to August 2008.
America should not pin too much hope on a weakening
dollar
to correct its trade imbalances.
For the US, the fundamental cause of imbalances is not a strong dollar, but America’s over-consumption and over-borrowing.
A strengthening
dollar
would worsen the US trade balance, but a weakening
dollar
could cause panic in capital markets, which might push up risk premia on dollar-denominated assets, including US government securities, in turn leading to an economic slowdown and a further weakening of the
dollar.
But if the US fails to narrow its savings gap, its current-account deficit will not disappear, regardless of where the
dollar
goes.
Any real change in the near term must come from China, which increasingly has the most to lose from a
dollar
debacle.
Otherwise, they would not be calling so publicly for the International Monetary Fund to advance an alternative to the
dollar
as a global currency.
A
dollar
crisis is not around the corner, but it is certainly a huge risk over the next five to 10 years.
Back
Next
Related words
Would
Currency
Against
Value
Which
Currencies
Their
Exchange
Rates
Other
Global
Interest
Countries
Could
Trade
World
Financial
About
International
Spent