Exchange
in sentence
3719 examples of Exchange in a sentence
(Although national currencies remained in circulation until 2002,
exchange
rates were “irrevocably” fixed from 1999.)
Rather than imposing the costs of the ECB’s and EFSF’s losses on European taxpayers, the banks’ creditors could give up some of their claims in
exchange
for receiving shares from the banks’ owners.
Some of the Brexit hardliners also would oppose any such agreed separation, because it would force Britain to pay a large EU exit fee and to follow European rules for an open border with Ireland, in
exchange
for no commercial privileges at all.
Because the LAC has not been mutually clarified – China reneged on a 2001 promise to
exchange
maps with India – China claims that PLA troops are merely camping on “Chinese land.”
To safeguard against the systemic effects of a default, the EMF could offer holders of the defaulting country’s debt an
exchange
of this debt against claims on the EMF.
In return for offering the
exchange
against a haircut, the EMF would acquire the claims against the defaulting country, which would then receive any additional funds from the EMF only for specific purposes that the EMF approves.
Just as important, former Remainers must continue to explain to the English why the free
exchange
of goods, services, and people with Europe is good for Britain.
He refuses to note the renminbi’s large real appreciation in recent years, or to acknowledge that, while changes in China’s
exchange
rate may affect the bilateral trade deficit, what matters is America’s multilateral trade deficit.
Cities power growth through innovation, trade, and
exchange.
But increased capital flight will also affect something that ordinary Russians know and care about: the ruble’s
exchange
rate.
Such support is clearly unsustainable; in fact, the CBR recently announced that it will allow the ruble to float, implying an
exchange
rate that reflects the market’s expectations concerning oil prices and future capital outflows.
While Trump’s victory did trigger a depreciation of the Mexican peso, the
exchange
rate soon normalized and has returned to pre-election levels.
And will China’s coastal export interests again prevail in
exchange
rate policy decisions, at the expense of poor inland consumers?
The hot-money problem is only made worse by the ongoing international pressure for further renminbi revaluation, usually from Western economists and politicians who blame the
exchange
rate for China’s current-account surplus with the US and other developed economies.
But if he can be confident that the
exchange
rate will remain stable, he will not need to restrain wages – and China has experienced 10-15% annual wage growth already.
With faster wage growth at a stable nominal
exchange
rate, and by encouraging unit labor costs to converge to those in developed economies, China’s real international competitiveness would be better calibrated.
As a result of policymakers’ heavy focus on the
exchange
rate, China’s State Administration of Foreign
Exchange
has now accumulated more than $4 trillion in reserves – far exceeding the amount needed to cover any imaginable currency emergency.
There would be no well-defined market equilibrium, or upper bound, for the renminbi/dollar
exchange
rate.
Even without hot-money inflows, the renminbi’s
exchange
rate would face upward pressure, owing to the absence of corresponding outflows to finance the trade (saving) surplus.
Thus, China must maintain controls on inflows of financial capital for the time being, with the PBOC intervening to stabilize the renminbi/dollar
exchange
rate.
Importers prefer a strong
exchange
rate; exporters prefer a weak one.
More stable financial markets and a less volatile
exchange
rate relative to the euro will bring many advantages.
Although there is no need immediately to announce a specific
exchange
rate for the zloty at euro entry, such a program must include among its focal points a formula for determining the rate.
By developing and disclose to the public a compelling rationale for what will determine the
exchange
rate when the time comes, the financial markets would then be able to forecast the future reference
exchange
rate more precisely.
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.
That quiet, so different from the protests that greeted the North American Free Trade Area's creation a decade ago, reflects NAFTA's clear achievement in facilitating and integrating economic
exchange
among its three partners.
And, indeed, as this
exchange
of rhetorical fire has unfolded, the US has reportedly been preparing revised military options for striking North Korea.
Instead, Kennedy offered a deal that would protect Soviet leader Nikita Khrushchev’s reputation in the eyes of Kremlin hawks: the US would withdraw its missiles from Turkey (which were superfluous already), in
exchange
for the withdrawal of Soviet missiles from Cuba.
It may be a Faustian bargain – prosperity in
exchange
for political obedience – but so far it has worked.
It would be far preferable to
exchange
them for Eurobonds, backed by the full faith and credit of all eurozone countries.
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