Exchange
in sentence
3719 examples of Exchange in a sentence
Brazil spent $45 billion in foreign
exchange
reserves in a failed attempt to defend the currency, which ended up collapsing anyway in January 1999.
Continual
exchange
is needed to foster trust.
The deal, which instituted a version of Sharia law in the region in
exchange
for a commitment that militants would lay down their weapons, was blessed by the comparatively liberal Awami National Party (ANP), which governs the North-West Frontier Province (NWFP), where Swat is located.
The economic analysis pillar is based on a wide set of domestic and international economic indicators from the real and financial sectors (wages, import prices, interest and
exchange
rates etc.).
But there is no conflict between encouraging free speech and
exchange
of views, which these rules are meant to support, and the university making its own values clear.
The first calls for unhindered
exchange
and interaction with Trumpist views.
Over the years, opinion polls have consistently shown that about 60% of Israelis favor withdrawing from the West Bank in
exchange
for permanent peace.
That may be happening again, with China’s growth slowing markedly under the weight of an overvalued currency urged by the US.Figure 1 shows the yen’s real (inflation-adjusted)
exchange
rate from 1964 (when the yen became convertible on the current account) until today.
The results to date can be seen in Figure 3, which maps China’s real
exchange
rate from the start of renminbi current-account convertibility (1996) until today.
The common currency’s strength reflects problems elsewhere in the world, but a euro
exchange
rate that would enable the return of confidence and growth is no less elusive for that.
For this reason, economists focus on the “nominal effective
exchange
rate,” which compares the rupee’s value to that of other currencies by weighing their share in trade.
Hence the need to look at the “real effective
exchange
rate,” or the nominal effective
exchange
rate adjusted for inflation.
The higher the index is, the less the
exchange
rate has depreciated to offset inflation – and the more uncompetitive India is.
Someone who wants to blame the
exchange
rate for India’s export slowdown can look at the index from the low point of September 2013 and argue that it has appreciated 20% (based on the IMF measure).
But, over the past year, as goods exports have slowed, the real effective
exchange
rate has been rather flat.
So someone who wants to absolve the
exchange
rate of blame will point to the recent period.
But
exchange
rates are only one measure of competitiveness.
Much of the appreciation in the real
exchange
rate is offset by increased productivity.
The ideal
exchange
rate for India is neither strong nor weak; it is the “Goldilocks rate” produced by market forces, with the RBI focusing on attracting long-term capital inflows and intervening only to maintain orderly movement of the rupee versus other currencies.
Our rules now encourage investors in infrastructure and other projects with limited foreign earnings to issue Masala bonds (whereby Indian companies can borrow abroad in rupees), or to borrow long term, thereby limiting their risk when the
exchange
rate moves against them.
So if the
exchange
rate is unlikely to be helpful, how should India export more?
And, unlike China, Germany no longer has a “national”
exchange
rate that can adjust in response to its current-account surplus.
Europe’s non-eurozone surplus countries – Sweden, Denmark, Switzerland, and Norway (all of which tie their
exchange
rates to the euro to some degree) – magnify this global imbalance.
These countries are trying to achieve a difficult “internal devaluation” – that is, a reduction in their domestic unit labor costs relative to the eurozone’s stronger economies – while the overall eurozone surplus caused by Northern Europe puts upward pressure on the
exchange
rate, undermining their competitiveness outside the monetary union.
Taking advantage of the implicit authority of news media, they published any potentially damaging rumor about individuals or groups with means and influence, then offered to remove the story in
exchange
for a paid advertisement or a direct cash payment.
The rise of the Deutsche Mark and the currencies in neighboring countries during the foreign
exchange
market upheavals of recent years made this problem even more painful.
It is also bound to push their
exchange
rates up.
Some Eastern European countries are now suffering from the very problem Germany has had to cope with for so long: Successful economic policies are often acknowledged by rising
exchange
rates.
Suddenly, an informal
exchange
rate between the two currencies emerges.
Assuming such depositors find FE holders willing to purchase their BE, a substantial BE-FE
exchange
rate emerges, varying with the size of the transaction, BE holders’ relative impatience, and the expected duration of capital controls.
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