Reserve
in sentence
857 examples of Reserve in a sentence
The extra-territorial use of regulatory and tax powers – particularly by the US, which has the added advantage of issuing the world’s preeminent
reserve
currency – is reinforcing the view that currencies can be wielded as weapons.
A recent example of the disaffected seeking an alternative to US leadership is the establishment of a New Development Bank and a contingent
reserve
arrangement by the BRICS (Brazil, Russia, India, China, and South Africa).
That move, an important step in the internationalization process, was a prerequisite for the addition of the renminbi to the basket of currencies that determine the value of the International Monetary Fund’s
reserve
asset, the Special Drawing Right.
Even with inter-bank liquidity strained, the PBOC is refusing to lower the deposit
reserve
rate to release liquidity – in defiance of market expectations.
With the world facing substantial economic, social, and environmental challenges, the issuers of major
reserve
currencies should allocate the international seigniorage that they levy to finance sustainable development worldwide.
During this summer of “separatist” folly, the first proposal concerned the appointment of headmasters of schools in the Veneto region: the local councilors in the province of Vicenza approved a measure to
reserve
all headmaster posts in the province for northern Italian teachers.
With the
reserve
ratio of banks already at 19.5% and unlikely to be raised by a large margin, interest rates will most likely continue to be raised.
Banks will have to recognize the losses and, if necessary, find the additional capital to meet
reserve
requirements.
But inflation is a risk in some emerging economies, including India and China, whose central bank governor, Zhou Xiaochuan, suggests considering a basket of currencies to replace the dollar as the global
reserve
currency.
The US would
reserve
the right to resume exercises if North Korea violated its test ban, or exported nuclear materials.
This is plausible in terms of a future decline in the dollar’s importance as a
reserve
asset and safe haven.
Carmen Reinhart of Harvard University, describing a study she co-authored in February, reported that the US dollar has retained its dominant position as the global
reserve
currency despite America’s declining share of global output over the past few decades.
Within this department, official entities can exchange SDRs – the IMF’s own international
reserve
asset – for other currencies.
China’s renminbi is internationalizing, but its share of global payments remains relatively small, with the dollar retaining its role as the world’s main
reserve
currency.
As the currency declined, Asian central banks have been seen buying euros hand over fist to bolster their euro
reserve
assets.
Because many countries have been consolidating simultaneously, interest rates are already low; and, for the US, which accounts for more than 20% of the global economy and issues the global
reserve
currency, caution in generalizing from other fiscal episodes is highly advisable.
Market falls in America might quickly be overcome because of the underlying strength of the American economy;Europe holds no such underlying strength in
reserve.
In Europe, this divergence is often attributed to what French President Charles de Gaulle used to refer to as America’s “exorbitant privilege”: the power to print the principal international
reserve
currency.
The MB probably needs to
reserve
the vice presidency for a non-Islamist like Sabbahi.
For the past decade, China’s strategy for internationalizing the renminbi has involved greater reliance on the International Monetary Fund’s Special Drawing Rights as an alternative international
reserve
currency.
Initially, each member state’s
reserve
account with the ICU would be credited with a sum of bancors proportionate to its relative share of world trade.
As the issuer of the world’s dominant
reserve
currency, the US can manage without the IMF in the short run, using the Federal
Reserve
to provide liquidity to countries where it has core political interests, as it did after the 2008 crisis.
Over time, these arrangements will erode the US dollar’s role as the world’s leading
reserve
currency.
Holding the world’s
reserve
currency, America has gotten away with it, largely because the rest of the world let it.
To be sure, the first part of the move was probably motivated largely by the desire to strengthen markets’ role in setting the exchange rate, which promises to boost long-term stability and improve the renminbi’s chances of becoming a global
reserve
currency.
If they maintain their secretive decision-making and continue to manipulate the price system for political ends, their chances of building a stable, resilient, and market-oriented economy, underpinned by a major international
reserve
currency, will be seriously compromised.
At some point, the dollar’s status as a global means of payment and
reserve
currency could be challenged.
European governments and central banks are also actively working to make the renminbi a viable
reserve
currency, to increase trade with China.
By propping up the renminbi as a
reserve
currency, Europe is hoping to support the liberalizers inside China and welcome the country to the core group of world powers that decide global monetary affairs.
Those costs extend well beyond military spending and include, for example, issuance of the world’s main
reserve
currency.
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