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Exchange in sentence

3719 examples of Exchange in a sentence

The term was coined in 2010 by Brazil’s finance minister, Guido Mantega, to criticize successive rounds of so-called quantitative easing by advanced countries’ central banks, which sent capital fleeing to developing countries in search of higher yields, driving up these countries’ exchange rates in the process.
These countries have flexible exchange rates, relatively open capital accounts, good fundamentals, and “safe haven” currencies.
Currency policy highlights the limits of financial globalization by crystallizing the tension between domestic agendas and global issues – a tension that both shapes and is shaped by exchange rates.
In recent years, much political activity has been directly or indirectly focused on exchange rates in ways that imply new economic and political divisions.
But claiming that unconventional monetary-policy measures would carry the risk of “much stronger politicizing of exchange rates” misses the mark.
The cost of buying protection against fluctuations in the euro/dollar exchange rate declined last month to its lowest level in nearly five years.
The European Economic and Monetary Union (EMU) was born from the following apparently contradictory argument: that the discretionary powers which governments enjoy over exchange rates and financial markets are often inversely related to their ability to provide stability in those very same markets.
By removing the exchange rate and interest rates from the direct control of Italian authorities, the plague of high inflation and high interest rates disappeared.
The sovereign-debt-and-banking crisis that has roiled the monetary union since 2010 has steadily exposed the realities at play here, as irrevocably fixed exchange rates lock in and deepen differences in eurozone members’ competitiveness.
Will Germany agree to such a relaxation – or, for that matter, to Hollande’s implicit demand that the ECB follow Japan’s example and loosen monetary policy to drive the exchange rate back down?
Instead of producing food or housing for ourselves or for barter, we will be producing content and amusement for one another, without engaging in explicit (taxable) financial exchange.
That experience was marked by the attempt to use a fixed exchange-rate regime as the main policy instrument to control inflation; that attempt’s colossal failure; and the shift, over the last decade, to more flexible regimes, freeing the exchange rate from playing a central role in controlling inflation, but not necessarily allowing a pure float in world currency markets.
At the beginning of the 1990’s, with inflation rampant, the three largest Latin American countries decided to use the exchange rate as the centerpiece of their stabilization strategies.
Argentina adopted the hardest peg, introducing a quasi-currency board and fixing the exchange rate by law.
Mexico and Brazil also put in place fixed exchange rates as part of broader reform policies.
Inflation did, indeed, come down; but the real exchange rate rapidly became overvalued.
Their inflation was lower, and they oriented their policies toward maintaining a competitive exchange rate through the adoption of a so-called “crawling band,” whereby the currency is allowed to fluctuate within a band around a central parity.
Coming from different experiences, most countries converged on the adoption of a floating exchange rate, many in the context of inflation targeting.
Anchoring the exchange rate is likely to result in disproportionate real appreciation, loss of competitiveness, external and financial crises, and disastrous recessions.
In a highly integrated world of highly volatile prices and volumes, flexibility also implies the capacity to intervene and actively manage the exchange rate.
Indeed, a third lesson is that neither hard pegs nor unfettered floating facilitate the preservation of a competitive real exchange rate, which is crucial to promoting and sustaining economic development.
But, as early twentieth-century theorists pointed out, collaboration and exchange within a nation’s diverse labor force increase everyone’s productivity.
And if Britons are turning against May’s agenda, will EU leaders offer them a face-saving compromise similar to that offered to Norway, which remains outside the EU’s institutional structures, but accepts most of the obligations and costs of EU membership in exchange for the commercial benefits of the single market?
In May, YouGov, the British polling company that came closest to predicting the election result, added to their final pre-election poll of 1,875 voters the following question: “In negotiating Britain’s departure from the European Union, do you think our government should offer EU citizens the right to travel, work, study, or retire in Britain, in exchange for EU countries giving British citizens the same rights?”
Long queues snaked in, out, and around banks, foreign-exchange counters, and ATMs – anywhere where people might exchange the soon-to-be-defunct notes.
At the same time, the exchange rate depreciated at an annual rate of more than 700,000%, while the real purchasing power of wages – which barely represented 1,400 calories a day in December – was decimated further.
Hands Off the "Super-Euro"Three years ago, the European single currency, the Euro, was born at an exchange rate of 1:$1.17, which presumably was deemed to reflect appropriately price levels on both sides of the Atlantic at that time.
The Euro's exchange rate has since endured a roller-coaster ride.
It is important to clarify a few fundamental points regarding the Euro/dollar exchange rate, because this is an issue on which confusion--often generated strategically--pervades public debate.
First, nobody knows how to explain or predict the short-term movements (from one day to six months, say) of exchange rates.
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