Exchange
in sentence
3719 examples of Exchange in a sentence
In other words, would I have followed in the footsteps of several of my Harvard colleagues who traveled to Libya to
exchange
views with and advise its dictator – and were paid for their services?
Moreover, in the event of a crisis, central banks should purchase non-performing assets from banks at face value, completely restoring banks’ balance sheets, in
exchange
for an obligation to submit to credit monitoring.
Support also exists for jointly manned centers, Russian expert visits to NATO BMD facilities, and
exchange
of early-warning information from Russian and NATO radars regarding potential missile launches.
The renminbi’s
exchange
rate, then, is really a secondary factor in China’s external account.
Indeed, the current situation indicates that a significant adjustment in
exchange
rates may not be needed at all in order to redress global imbalances.
If that is true, and China shouldn’t worry about the renminbi’s
exchange
rate, should it worry about its economy overheating?
Either central banks would manage somehow to thread the needle and guide
exchange
rates and asset prices back to some stable and sustainable equilibrium configuration, or the chaos and disruption in financial markets would spill over into the real economy and a major global downturn would begin.
Markets are the products of a very basic human characteristic, namely the characteristic to trade, to barter, or
exchange
goods and services.
Draghi sought to talk down the euro
exchange
rate to improve competitiveness.
But Japan and China also want competitive
exchange
rates to spur export growth, and the eurozone already runs a current-account surplus.
Similarly, Argentina's export industries were unlikely to attract investors, regardless of the fiscal deficit, given the overvalued
exchange
rate, low export prices, and the many foreign markets that remain closed to Argentine goods.
The result is surprisingly orthodox: a sharp decline in Latin America’s average public and private foreign debt, from 44% to 21% of GDP between 2003 and 2007, in part because of the
exchange
rate appreciation generated by the foreign bonanza itself.
These external imbalances were also driven by the euro’s strength since 2002, and by the divergence in real
exchange
rates and competitiveness within the eurozone.
In October 1990, the UK joined the euro’s precursor, the European
Exchange
Rate Mechanism (ERM), which kept the
exchange
rates between Europe’s major currencies within tight bands, which were increasingly tightened before locking the various currencies into a single one.
Italy, its ruling class determined to
exchange
the lira for the euro at all costs, immediately returned to a debauched version of the ERM.
Of course, a central bank’s mandate is price stability in the national economy that it serves, and price stability is influenced by
exchange
rates.
Brazil’s real
exchange
rate has appreciated considerably in the last three years (with some ups and downs in recent months), while Mexico’s has remained basically flat.
And, of course, Mexico’s competitive
exchange
rate is a key reason why it has become an export powerhouse, with the manufacturing sector accounting for 80% of merchandise exports.
What had seemed a bilateral dispute between the United States and China over the renminbi’s
exchange
rate has mutated into a general controversy over capital flows and currencies.
Emerging-market countries are turning to an array of techniques to discourage capital inflows or sterilize their effect on the
exchange
rate.
A world in which every country wants a weaker
exchange
rate is not without precedent.
In fact, this will happen whatever the
exchange
rate between currencies.
The only difference is that, if
exchange
rates remain fixed, advanced countries will have to go through a protracted period of low inflation (or even deflation), which will make their debt burden even harder to bear, and emerging countries will have to enter an inflationary period as capital flows in, driving up reserves, increasing the money supply, and ultimately boosting the price level.
For both sides, it is more desirable to let the adjustment take place through changes in nominal
exchange
rates, which would help contain deflation in the north and inflation in the south.
But, compared to July 2007, at the onset of the crisis,
exchange
rates between advanced and emerging countries have barely changed.
This is not to say that the renminbi’s
exchange
rate is a secondary issue.
In exchange, the international community would increase its financing over this period, from about $16 billion per year to some $90 billion, as well as provide coordination mechanisms to ensure the most efficient use of funds.
Countries that are active in the Baltic Sea region, for starters, should
exchange
“due regard” regulations – the national operating procedures that state aircraft must follow when in the proximity of civilians.
In exchange, Iran's government should give its support to ensuring peace, stability, and security in Iraq.
In short, advocates of cooperation call for an open and explicit bargain: Iran's support for stability during the current transitional phase in Iraq, as well as its commitment to maintain cooperative relations with whatever permanent government emerges in Iraq, in
exchange
for an improvement in Iran's regional and international position.
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