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Reserve in sentence

857 examples of Reserve in a sentence

The idea was idiotic (the American government, which holds a monopoly on issuing the world’s leading reserve currency, has nothing to “renegotiate”).
Not only did China feel secure in placing such a large bet on the once relatively riskless components of the world’s reserve currency, but its exchange-rate policy left it little choice.
For example, if Article 7 of the Treaty on European Union is triggered against a member state for violations of the rule of law, all funds allocated to that country should be placed into a reserve fund.
It did not obstruct the renminbi’s admission to the basket of currencies that constitute the International Monetary Fund’s reserve asset, Special Drawing Rights (SDRs).
In this context, selective capital controls and careful reserve management can help to stabilize the balance of payments and ensure that the terms of trade do not change too fast to be offset by productivity growth.
For example, after the 2008 financial crisis, while the US pressed China to let its currency appreciate, officials at China’s central bank began arguing that America needed to increase its savings, reduce its deficits, and move toward supplementing the dollar’s role as a reserve currency with IMF-issued special drawing rights.
China’s Monetary SterilizationBEIJING – Not long after the United States Federal Reserve Board announced its second round of “quantitative easing” (known as QE2), the People’s Bank of China (PBC), China’s central bank, announced two increases of 0.5 percentage points in the required reserve ratio (RRR) of bank deposits.
Indeed, at the onset of the financial crisis, Putin tried to bestride the world, portraying Russia as an island of stability and demanding the creation of a new global financial order, with the rouble to become one of the world’s reserve currencies.
But Trump sees US hegemony as a burden, and seems oblivious to the privileges that it affords, not least the many benefits associated with controlling the world’s main reserve currency.
Developing countries as a whole accounted for more than 80% of global reserve accumulation during this period, and their current level of reserves approaches $5 trillion.
This helps to explain why so many companies continue to hoard cash, rather than investing domestically, and why a growing number of countries want to diversify gradually away from dependence on the dollar as the reserve currency and on US financial markets for intermediation of their hard-earned savings.
The Cost of America’s Free LunchBRUSSELS – For decades, the world has complained that the dollar’s role as global reserve currency has given the United States, in a term usually attributed to Charles de Gaulle but actually coined by his finance minister, Valery Giscard d’Estaing, an “exorbitant privilege.”
But, even under floating exchange rates, the US retained an advantage: given that the dollar remained the key global reserve currency, the US could finance large external deficits at very favorable rates.
And that is true here as well: performing the role of reserve currency enables the US to borrow on the cheap, but at the cost of any significant influence over the exchange rate, which is determined by the rest of the world’s demand for dollar assets.
Germany discovered this during the 1960’s and 1970’s, and resisted the Deutschemark’s trend toward becoming an international reserve currency.
The German authorities feared that the country’s export-oriented economy would suffer from the wide exchange-rate swings that are the norm for global reserve currencies.
As the DM became a major international reserve currency during the 1980’s and 1990’s, large gyrations in the dollar exchange rate did, indeed, have at times a dramatic impact on the German economy.
The euro is also a global reserve currency (albeit of secondary importance), but most eurozone governments’ financing costs are much higher than what the US Treasury pays.
This $120 billion regional reserve pool was launched in 2010 to provide short-term liquidity to members in an emergency.
At the World Economic Forum meetings, summit participants enjoyed a dinner at a game reserve in the Namibian hinterland, while by the dozens clutching their cellular phones and transacting business all over the world.
The first is the need for a truly global reserve currency, perhaps based on the IMF Special Drawing Rights (SDRs).
This would overcome both the inequities and the instability that is inherent in a global reserve system based on a national currency.
For a decade, I have proposed that the IMF of the future should be seen as the apex of a network of regional reserve funds – that is, a system closer in design to the European Central Bank or the United States Federal Reserve system.
A global system for prudential regulation and supervision; a revamped IMF managing a global reserve currency, coordinating global macroeconomic policy, and providing agile credit lines; and an international debt court – all of these must be on the agenda.
Encouraged by the illusion of a strong reserve position, the Thai central bank took on the speculators -- and lost.
In the short term, supply may be able to respond to the extent that there is reserve capacity (there isn’t much now).
Subterranean aquifers, which amount to the world’s reserve water tank, are also running dry.
On the other hand, if the book had not been on the shelf and those other users had asked library staff to recall or reserve it, the library might have noted the demand for the book and ordered a second copy.
As he stresses, the most fundamental driver of financial instability is the ability of fractional reserve banks (and shadow banking systems) to create credit and money, and thus to inject additional spending power into the economy.
One radical regime change, proposed in the 1930’s by economists like Irving Fisher and Henry Simons, and endorsed by Milton Friedman in 1948, would be to abolish fractional reserve banking (and thus banks’ ability to create new credit, money, and purchasing power autonomously).
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