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Exchange in sentence

3719 examples of Exchange in a sentence

Griesa idiosyncratically reinterpreted the pari passu, or equal treatment, clause in the debt contracts to mean that “vulture” funds refusing to participate in the earlier debt exchange should receive not 30 but 100 cents on the dollar.
In exchange, the US has agreed to import more peanuts and sugar from Canada, which implies that imports from other countries may fall.
We learn in introductory economics that money is a medium of exchange.
By early adoption I mean the shortest permissible period of time - two years - following a new member subordinating its monetary policy to the fiscal and monetary constraints of the exchange rate mechanism (ERM II).
Fears that extending EMU to new states "too soon" would undermine the euro's external exchange rate are irrational.
Equally, the transition period is already turbulent, with convergence-driven capital flows driving up exchange rates and complicating monetary policy in several candidate countries, including Poland, the Czech Republic, and Hungary.
Indeed, capital-flow volatility could make short work of the flexible exchange rate on offer under ERM II - a 15% fluctuation band either side of a central parity.
The benefit is simple: ERM II permits some exchange rate flexibility, as opposed to the fixed rates implied by adopting the euro.
More important, long-lasting economic growth does not depend on the type of exchange rate - whether flexible or fixed (EMU) - while early accession will speed up crucial reforms.
A few years of limited exchange rate flexibility is a poor substitute for rapid completion of structural reforms.
In China, the government holds safe bonds as a hedge against a future banking crisis and, of course, as a byproduct of efforts to stabilize the exchange rate.
Korean rulers only managed to survive by playing one foreign power off against the other, and by offering subservience, mainly to Chinese emperors, in exchange for protection.
In exchange, North Korea promised to allow access to its facilities for inspections, while also dropping its opposition to Japanese and South Korean participation in inspections.
At the “micro” level, the transaction costs and uncertainties imposed on all businesses by the daily exchange of one currency for another are supposed to decrease, delivering large gains in efficiency as a result.
Although these positive effects might be substantial, few professional economists see them as sufficient to motivate the abolition of today’s exchange rate system.
Making matters worse, central banks routinely deny responsibility for any prices other than consumer prices, ignoring that the value of money is reflected in all prices, including commodities, real estate, stocks, bonds, and, perhaps most important, exchange rates.
Such targets could potentially be applied to credit, interest rates, exchange rates, asset and commodity prices, risk premiums, and/or intermediate-goods prices.
For example, China needs a stronger exchange rate to help curb manic investment in its export sector, and thereby reduce the odds of a 1990’s style collapse.
The panelists all said, in one way or another, that popular economics facilitates an exchange between specialized economists and the broader public – a dialogue that has never been more important.
A famous project saw Merck Pharmaceutical provide $1 million to Costa Rica in exchange for 1,000 plants collected from its forest.
The standard trilemma of international monetary policy holds that countries cannot have fixed exchange rates, monetary independence, and free capital movement simultaneously, but they can have two of the three.
So it is not a policy trilemma but a dilemma: capital-account restrictions –not just flexible exchange rates – may be necessary for central banks to exercise effective control over domestic credit conditions.
Officials also argue that Nigeria's large population relative to other OPEC members, and the urgent need to earn foreign exchange to invest in infrastructure and social services, necessitates preferential treatment.
Italy imports 60% of its oil and 40% of its natural gas from Libya, and soon after Prime Minister Silvio Berlusconi was re-elected in 2008, he pledged to pay Qaddafi’s regime €250 million a year for 20 years in exchange for Libya’s acceptance of all North African refugees seeking political asylum in Italy.
These questions matter because Libyan institutions in Malta used to offer “aid” to Maltese politicians in exchange for promoting Qaddafi’s image.
Most important, over the course of this energy-price run-up, the dollar’s exchange rate depreciated by about 10% on a trade-weighted basis.
The decline in the dollar’s exchange rate seems to have gathered momentum, in part because the person who has his signature on US currency, Treasury Secretary Steve Mnuchin, seems unperturbed by its weakness.
That arrangement provided enough funds for insiders to exchange their rubles for foreign assets.
Once the insiders had saved their own positions, they no longer saw any need to maintain the exchange rate.
Low salaries are often part of an implicit bargain: in exchange for the bad pay, university administrators close their eyes to lazy teaching and research.
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