Dollar
in sentence
3262 examples of Dollar in a sentence
That share fell further, to 9% because of misguided macroeconomic policies, especially during the Reagan era, when deficit spending and overly tight monetary policy caused the
dollar
to soar, undermining competitiveness.
Trump’s policy priorities – fiscal stimulus, corporate tax cuts, possibly a “border adjustment” tax on imports, pressuring the Federal Reserve to raise interest rates – will only strengthen the
dollar.
Of course, Trump will not blame his own incoherent and counterproductive policies for a stronger
dollar.
All of Asia's economies that suffered in the recent crisis, including Japan, have seen a fall in their
dollar
price level.
An already far too high
dollar
would be pushed even higher as Asia seeks to resolve its employment problems by ever-larger trade surpluses.
For Europe, monetary policy seems more likely to be transmitted through banks, as well as through the currency channel, as a weaker euro – it has fallen some 15% against the
dollar
over the last year – boosts exports.
China is fiercely resisting US and European pressure to accelerate the snail-paced appreciation of the renminbi against the
dollar.
As the region moved from hard exchange-rate pegs to floating rates, Asian currencies plunged – with drops against the
dollar
ranging from 28% in South Korea and roughly 37% in Thailand, Malaysia, and the Philippines to almost 80% in Indonesia.
The same, of course, is true of the US
dollar.
Moreover, US-China relations could fall victim to US domestic disputes about global trade, the value of the dollar, and protectionism.
Although the euro is the world’s second most important currency, it lags behind the
dollar
on almost all metrics, increasing the EU’s vulnerability to US trade sanctions.
A shipment of an equivalent
dollar
amount of fertilizer and improved seeds from, say, the United States to Africa would yield perhaps five times more food.
After all, one of the main benefits of the Federal Reserve’s policy of “quantitative easing” – perhaps the only channel with a significant effect on the real economy – derives from the depreciation of the US
dollar.
This, together with the Federal Reserve’s gradual interest-rate hikes, will strengthen the dollar, weaken so-called emerging-market currencies, and shift money from the rest of the world to the US.
Emerging economies would not suffer too much in this scenario, and they might even benefit from a prudently valued
dollar
and a deficit- and inflation-free American economy.
Westerners seek to redraw the medieval "Silk Road" with air and land routes, railways, and multi-billion
dollar
pipelines but also with wishful thinking.
Despite Chinese official rhetoric about the need for a new global currency to replace the dollar, and US lawmakers’ flirtation with “Buy American” clauses (which scares everyone, not just the Chinese), no one will want to rock a boat that has almost capsized.
One shudders to think what lessons the US financial sector will draw if, after the multi-trillion
dollar
bailout, there are only superficial, toothless reforms.
Private banks, insurance companies, pension funds, and so on have limited appetite for building up liquid
dollar
claims on foreigners when their own liabilities – deposits, insurance claims, and pension obligations – are denominated in renminbi.
The potential currency mismatch would require the PBOC (which cares little for exchange-rate risk) to step in as the international financial intermediary and buy liquid
dollar
assets on a vast scale.
China is therefore caught in a currency trap, owing to its own saving surplus (and America’s saving deficiency) and near-zero interest rates on
dollar
assets.
At long last the
dollar
would be challenged; perhaps even dethroned.
What an irony: a currency designed to challenge the
dollar
for supremacy among global currencies, now needs US assistance to stop its meltdown.
In the last two months, their currencies have lost around a quarter of their value against the US
dollar.
As investors fled the country because of fear of devaluation (in a period in which the Argentine Government was promising never to devalue the peso, fixed at one-to-one with the US dollar), interest rates rose and bank deposits fell.
I favored the approach of "dollarization", or replacing the Peso by the US
dollar
and thereby ending the fear of a future change of the exchange rate.
The increase in inflation that usually occurs when the economy reaches such employment levels has been temporarily postponed by the decline in the price of oil and by the 20% rise in the value of the
dollar.
The stronger
dollar
not only lowers the cost of imports, but also puts downward pressure on the prices of domestic products that compete with imports.
It is no coincidence that nervous investors are flocking to the dollar, even though what has made them nervous is Trump’s election.
Yet even at a cost of a few billion dollars, the human benefits per
dollar
saved would be among the greatest contributions possible for humanity.
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