Dollar
in sentence
3262 examples of Dollar in a sentence
Some argue that SWFs’ home governments and host countries have too many mutual interests – including the stability of the financial system and maintaining the US
dollar
as the world’s reserve currency – to threaten global markets.
A new currency was introduced and pegged to the US
dollar
at a one-to-one exchange rate.
The region’s dominant trading partner devalued, and the US
dollar
appreciated considerably.
The country was Argentina, which took about 10 years to move from its hard exchange-rate peg to the dollar, introduced in 1991, to its messy default at the turn of 2001-2002.
The 1987 crash also occurred in a period of
dollar
weakness.
Late in the preceding week, Treasury Secretary James Baker made some remarks that were interpreted as a threat to devalue the
dollar.
But it is revealing that the sell-off on Black Monday began overseas, in countries likely to be adversely affected by a weak dollar, before spreading to the US.
A rising dollar, and an investment flight to the US, is accentuating these countries’ self-generated problems.
Japan adopted “voluntary” caps on some exports to the US and, under the Plaza Accord of late 1985, helped orchestrate yen revaluation relative to the
dollar.
But China has a long way to go before its currency can rival – let alone displace – the US
dollar
as the dominant global reserve currency.
Even though America’s financial markets nearly collapsed, its public-debt levels rose sharply, and the Federal Reserve was forced to undertake massive monetary expansion to support the economy, the
dollar
strengthened relative to most other currencies.
Foreign investors now hold more than $5.7 trillion of these low-yielding securities, not to mention large quantities of other
dollar
assets.
And boosting net exports will require a weaker
dollar
to make US products more attractive to foreign buyers and foreign goods more expensive to US buyers, implying a loss in Americans’ standard of living.
Anticipation of aggressive monetary expansion has sharply weakened the yen, which has fallen by almost 20% against the
dollar
in just over four months.
The Renminbi’s Journey to the WorldBEIJING – Recently, HSBC bank released an upbeat survey predicting that China’s currency, the renminbi (RMB), will become one of three global settlement currencies (alongside the
dollar
and euro) sometime this year.
Fear of hot money was the main reason why China refused to de-peg the RMB from the
dollar
until July 2005.
A
dollar
spent on this program produces benefits of $14, making it a highly cost-effective policy.
But, even if the highest estimate of $66 billion proved to be correct, poor countries would gain $13 worth of extra income per
dollar
spent – a very handsome return.
A more likely rate of return would be $49 per
dollar
spent.
The premise is simple: no
dollar
can be spent twice.
For every
dollar
invested in childhood immunizations, for example, developing countries realize $44 in economic benefits.
More than a billion people still live on less than a
dollar
per day.
Much of the concern over the past few years has centered on America’s yawning current account and fiscal deficits, and its effort to get China to let the yuan float more freely against the
dollar.
Many, especially in Asia and the Persian Gulf, are de facto linked to the dollar, others to the euro.
Farther afield, the weakness in the euro has translated into
dollar
strength, which means a sustained beating for emerging markets, particularly those with US
dollar
debt.
The US must renounce the imperialism of the dollar, and Germany must abandon its dream of a “deutscheuro,” managed as if the other 16 euro members were historical and cultural extensions of the German nation.
Given that a
dollar
in new bank loans increases the money supply by a dollar, banks are not financial intermediaries; they are money creators.
Beyond making the banking sector more robust, such an initiative would boost job creation per
dollar
in bank credit.
And yet, at around the same time, the United States Congress issued its loudest call ever to classify China as an exchange-rate manipulator, accusing Chinese leaders of maintaining the renminbi’s peg to the
dollar
in order to guarantee a permanent bilateral trade surplus.
It also means a lower value for the dollar, and thus more opportunities for US-located firms to export and supply the domestic market.
Back
Next
Related words
Would
Currency
Against
Value
Which
Currencies
Their
Exchange
Rates
Other
Global
Interest
Countries
Could
Trade
World
Financial
About
International
Spent